OVATO
OVATO
Token: OVT


A Rewards, Earning and Giving Based Token!

ICO dates
Start date: 2018-05-10
End date: 2018-05-31

Registrated in: Singapore

Platform: Ethereum
Type: ERC20

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OVATO categories
Business services Cryptocurrency
OVATO whitepaper
Video
OVATO token sale
KYC passing required Yes | Whitelist Yes | Restriction for countries China, Korea
Token distribution in ICO
47%
47%
Price 1 OVT = 2.00 USD
Price in PreICO 1 OVT = 0.60 USD
Minimal investment 1000 OVT
Acceppting ETH, BTC
OVATO news, social
OVATO search trends in Google
Random whitepaper excerpts

2
TABlE Of COnTEnTS
Table Of Contents
2-3
Abstract
Abstract
Introduction
Human to Crypto
The Problem
The Problem with Traditional Rewards
Top Reasons People Are Unsatisfied with Loyalty
The Problem with Conventional Social Media
The Problem with Giving & Charity
Ovato Solutions
Ovato Solutions
Our Unique Value Proposition
Advantageous Blockchain Solutions
Advanced Earning Solutions
Charity Fund Allocation Solutions
Social Media Capitalization Solutions
The Ovato Coin is the Perfect Token
The Bitovation Solution
The Bitovation Solution
The Bitovation Factor
Conventional Use & Other Digital Currencies
Conventional Use Ovato and Other Digital Currencies
How Blockchains, With A Distributed Database
Eliminate The Need For Third Parties Among Financial Entitles
Additional Ancillary Market
High Risk Merchant Services
Why Ovato’s Loyalty-Based Rewards for Customers Is Eff...

3
Risk Merchant Services
The Impact Loyalty Rewards Bring to the
Table in Highly Effective Retail Marketing
The Rise of the Super
Affiliate and the Blockchain
Market Mechanics
How it works: Market Mechanics
Blockhain
Technical Overview
Smart Contract
OVT Reserve
Payment Terminal
Motivation Behind the Creation of Ovato
Meet The Ovato and Bitovation Team
Ovato And The Blockchain Smart Contract
Token Issuance Distribution And Sale
Token Issuance Distribution And Sale
OVT Distribution Breakdown
Accepted Purchase Methods
Worldwide Token Allocation
Worldwide Project Expense Allotment
Use of Proceeds
Conclusion
Important Disclaimer for: USA and
Canadian Participants
26-27
28-29
30-31
32
32
33
33
33
34
35-41
42-43
44
45
46
47
48
49
50
50
...

4
Abstract
The multi-billion dollar loyalty rewards
industry currently suffers from fractures
and frictions that leak value and
undermine participation. Blockchain
technology holds the key to address these
problems. This paper outlines the positive
disruptive impact that an industry-wide
loyalty reward currency would have in
fixing the rewards ecosystem. We discuss
the specific technical requirements
required to develop and implement a
widely adopted system, including a
proposed implementation strategy that
aligns industry stakeholders, consumers,
and investors. Additionally, this paper
outlines the approach necessary for
industry-wide mass adoption and the
positive effects that will occur from using
the Ovato Smart Coin.
“In many ways virtual currency's
might just have existing currencies
and monetary policy a run for their
money,”
stated Christine Lagarde,
Managing Director, International

5
Introduction
Our new Internet-savvy society is
demanding change in how business is
being conducted virtually everywhere.
The old bureaucracy of the 20th
century is no longer acceptable.
Consumers are frustrated by the
friction involved in the finance world
and businesses are tired of paying fees
everywhere including the multi-billion
dollar rewards and loyalty industry.
This cumbersome and costly system of
payment is not keeping pace with
modern society and business wants
and needs. Today’s consumers are
reported to be financially cautious,
seeking both value and authenticity
from the companies they do business
with. They appreciate a system that
promotes equality and choice, using
technological and new creative means.
Today’s millennials expect to spend
$10 trillion during their lifetimes, so
systems must adapt to their needs.
Loyalty and rewards programs have
come a long way since American

6
The Problem
The Problem With Traditional
loyalty And Rewards Programs
Traditional loyalty reward programs are costly, imposing significant tax
liabilities on operators while offering only a modest value to consumers. This
is evidenced by the fact that while loyalty memberships are high, an average of
two-thirds of these subscribers are inactive. Although loyalty programs have
become expected among consumers, lacking user enthusiasm dilutes the
program value for consumers and businesses alike. Conventional loyalty
operations are also hampered by the barter economics of the pre-blockchain
monetary system.
...

7
Top Reasons People Are
Dissatisfied With Loyalty Programs
a
For companies offering them, loyalty
programs often become a long-term debt on
the balance sheet. They sit on the balance
sheet indefinitely costing businesses billions
of dollars.
b
Companies, often at a loss for data resources,
do not integrate their loyalty and rewards
programs into their marketing efforts
successfully.
c
For rewards to be cost-effective, blackouts are
implemented, resulting in a dilutive effect to
the brand.
d
The majority of loyalty program points
accumulated, estimated in the range of $50
billion, are never redeemed. The total
aggregated redemption rate is steadily below
50% and declining.
e
The growth in the loyalty rewards industry
means customers have become more selective
about which programs they actually use.
Consumers typically gravitate to programs
that offer the best benefits and fl...

8
The Problem
with Conventional
Social Media
These companies capitalize by the billions annually on user data
derived by engaging consumers with information collection
resources designed to entertain, educate, and meet social
networking demands.
There is an increasing awareness among social media users on how
social network brands monetize their data, and users are growing
frustrated for getting zero compensation for it. As the world
becomes increasingly flatter, there is a natural tendency for an
increasing desire for these citizen journalists and influencers to get
their share of compensation for their participation.
...

9
The Problem
with Giving
and
Charity
It’s safe to say that most human beings want to
give and help the less fortunate and causes that
are important to them. However, with centralized
charities, 90 percent of donations never actually
make it to the intended place. The problem does
not originate from nonprofits specifically, but more
from inefficiencies found in centralized
organizations that also have no profit incentive
to scale. The net resulting percentage of waste is
enormous.
We all intuitively understand this, be it a donation
made online, an event or simply at a point of sale.
Furthermore, there is no sense of gratification in
the knowledge of the aid within itself or where and
how it was received.
...

OVATO Roadmap

1
SINCE 2016
Bitovation Formed
2
EARLY 2016
Seed Round complete Bitovation
3
2017
First quarter Ovato Formed
4
Q2 2018
Completion All Token Sales A,B,C,D
5
Q3
PLATFORM RELEASE FOR US,UK,CIS MARKETS
6
Q1 2020
Continued Marketing of the Brand
Seth Kamlet
Seth Kamlet CEO Ovato

David Neill
David Neill CEO Bitovation

Albert Aimers
Albert Aimers Investor, Advisor and Business Affairs

Roger Yack
Roger Yack President Bitovation