Frequently Asked Questions

1) What is an oze coin (OZE)?

oze coin (OZE) is an SPL standard token on the Solana blockchain, functioning very similar to ERC-20, but with a negligible gas fee.

2) What is an SPL token?

The Solana Program Library, called SPL, is a collection of on-chain programs maintained by the Solana team. The SPL Token program is the token standard of the Solana blockchain. Similar to ERC20 tokens on the Ethereum network, SPL Tokens are designed for decentralized finance applications.

3) Where can the user store oze coin (OZE)?

Every oze user gets an SPL token compatible wallet to hold their oze coin (OZE). The wallet is encrypted and is extremely safe to hold oze coin (OZE).

4) Can oze coins (OZE) be purchased only from exchanges?

No, there are a lot more ways to earn oze coins. It is the reward token of the oze platform that people can redeem on further purchases. Influencers, affiliates, shoppers, and users of other services can earn oze coins (OZE).

5) Where will the OZE token be listed?

oze is in negotiations with the leading centralized and decentralized crypto exchanges for listing OZE tokens. This enhances the liquidity of OZE tokens enabling the users to buy and sell tokens seamlessly.

6) Is there a vesting period for team tokens?

Yes, there will be a vesting period for the team tokens. The tokens distribution will have a cliff of one year and a vesting period of an additional year.

7) Which mode of payments will be accepted during the sale?

Since OZE is an SPL standard token and the token distribution is done instantly by the smart contract, it depends on the exchange that you opt.

8) Is there a KYC process?

oze coins Sale will be done through Initial Exchange Offering (IEO), and as such, the crypto exchange will take care of the KYC process.

9) Who can participate in the IEO?

oze's IEO is a worldwide event and is open to everyone. However, regional laws and regulations apply. It is recommended that investors check their regional rules whether they can invest.

10) Why is OZE unique?

OZE is the world's first progressive crypto token. The uniqueness of the oze coin is the constant demand generation from the purchase transactions in the oze super app. A certain percentage of every transaction involving fiat currency within the super app will be given as cashback to the customers as oze coins. These coins are converted by purchasing from the crypto exchanges and credited into the customers' wallets. This constant demand generation brings stability to the oze coin, thereby progressively resulting in an increase in price.

11) What is the price of the OZE token?

The price of OZE token is set at $0.001 during the initial token exchange offering.

12) Is OZE a better reward token?

Yes, OZE is more stable than conventional crypto tokens due to the progressive pricing mechanism. In simpler terms, OZE is better than a usual utility token and brings more value to holders than any other reward token.