Opu Coin – Current Market Policies
This Guide explains our current policies governing the sales, use and holding of Opu Coin (token symbol: ‘OPU’).
STATUS OF THE PRIMARY SMART CONTRACT
The ERC-20 Smart Contract (0x65e3c4a750a2e7cc7cce86d01587bbcbbe99042e) is published on Ethereum and can be viewed here.
STATUS OF THE SECONDARY NETWORK SMART CONTRACT
Opu Wallets are powered by Matic and the block explorer can be viewed here.
Opu Wallets are automatically created when users create an account at http://app.opulabs.com/register. Opu Coins which have been earned from activities on the platform are credited to user accounts. Users can transfer Opu Coins to other users with Opu Wallets or transfer their OPU out to any Ethereum Wallet.
All Opu Coins which have been issued to Rewards holders (airdrops, bounties, activities) are fully redeemable on the Opu Marketplace.
Users at checkout are able to redeem their OPU for discounts on products. Standard discounts are available across all products on the Marketplace. Partners from time to time will offer special discounts and packages. The redemption value will be the greater of $0.03 or the weighted average value of OPU traded on public markets.
OPU REWARDS OFFERS
Users can earn OPU by completing various activities. A listing of our current Awards can be found on our website.
Opu Coins earned by brands, merchants, doctors or advisors on the Marketplace may be used on the platform to purchase services or to power consumer rewards programs.
Opu Coin is issued by Opu Labs Ltd., a British Virgin Island corporation with its registered office at Nerine Chambers, PO Box 905, Quastisky Building, Road Town, Tortola VG 1110, British Virgin Islands. Opu Coin is an ERC-20 utility token and all transactions taking place on the Opu Marketplace are for commercial purposes only. The tokens are not intended to constitute securities of any form, units in a business trust, units in a collective investment scheme or any other form of regulated investment or investment product in any jurisdiction.