OW Token Whitepaper
Version 1.0 - September 2025
Executive Summary
OW Token is the native utility token for the OpenWIH (Open Wealth in Health) premium NFT marketplace. Built on the Ethereum blockchain as an ERC-20 token, OW Token serves as the primary medium of exchange for premium NFT transactions and provides exclusive access to curated digital collections.
With a fixed supply of 21 million tokens, OW Token is designed to create a sustainable and secure ecosystem for high-value NFT trading, eliminating intermediaries and ensuring transparent, blockchain-based transactions.
1. Project Overview
OpenWIH (Open Wealth in Health) represents the next generation of premium NFT marketplaces, focusing on curated, high-quality digital assets. The platform leverages blockchain technology to create a transparent, secure, and efficient trading environment for premium NFTs.
1.1 Vision
To establish the most trusted and efficient marketplace for premium NFT collections, where creators and collectors can engage in secure, transparent transactions.
1.2 Mission
OW Token facilitates seamless transactions within the OpenWIH ecosystem, providing utility, exclusivity, and value to holders while maintaining the highest standards of security and transparency.
1.3 Core Principles
- Transparency: All transactions are recorded on the blockchain
- Security: Smart contract-based operations with audited code
- Utility: Direct use case within the NFT marketplace
- Exclusivity: Premium access to curated collections
2. Token Specifications
2.1 Technical Details
- Token Name: OW Token
- Token Symbol: OW
- Token Standard: ERC-20
- Blockchain: Ethereum
- Total Supply: 21,000,000 OW (Fixed)
- Decimals: 18
- Contract Features: Pausable
2.2 Supply Economics
OW Token features a fixed supply model with no additional minting capabilities post-deployment. This fixed approach ensures scarcity and potential value appreciation over time as demand increases within the OpenWIH ecosystem.
The 21 million token limit was chosen to ensure adequate liquidity while maintaining scarcity, providing a balanced tokenomic model that supports both marketplace functionality and holder value.
3. Token Utility
3.1 Primary Use Cases
NFT Marketplace Transactions
OW Token serves as the primary payment method for purchasing premium NFTs on the OpenWIH marketplace. This direct utility creates immediate demand and establishes a clear value proposition for token holders.
Exclusive Access Rights
Token holders gain privileged access to premium NFT collections, including:
- Early access to new collection launches
- Exclusive pre-sale opportunities
- Priority purchasing rights for limited editions
- Access to invite-only premium collections
3.2 Utility Benefits
- Direct Payment: Seamless transactions without intermediaries
- Premium Access: Exclusive opportunities for holders
- Transparent Pricing: Blockchain-recorded transaction history
- Global Accessibility: 24/7 trading regardless of location
4. Technical Architecture
4.1 Smart Contract Design
OW Token is built using industry-standard ERC-20 implementation with additional security features:
- OpenZeppelin Framework: Battle-tested, secure contract libraries
- Pausable Functionality: Emergency pause capability for security
- Access Control: Multi-signature governance for critical functions
4.2 Integration Architecture
The token integrates seamlessly with the OpenWIH marketplace through:
- Direct Payment Processing: USDC/USDT to OW Token conversion
- Wallet Integration: MetaMask wallet support
- Real-time Price Updates: Dynamic pricing based on market conditions
- Transaction Transparency: All operations recorded on-chain
4.3 Security Features
- Reentrancy Protection: Guards against attack vectors
- Safe Math Operations: Overflow/underflow prevention
- Access Control: Role-based permissions
- Emergency Controls: Pause functionality for security incidents
5. Token Sale Information
5.1 Presale Details
- Accepted Payments: USDC, USDT
- Pricing: Current price available on the token sale website
- Minimum Purchase: No minimum requirement
- Payment Processing: Direct wallet-to-wallet transactions
5.2 Purchase Process
- Wallet Connection: Connect MetaMask wallet
- Token Selection: Choose USDC or USDT as payment method
- Amount Entry: Specify purchase amount in USD or OW tokens
- Transaction Approval: Approve USDC/USDT spending
- Purchase Execution: Complete transaction and receive OW tokens
- Confirmation: Transaction recorded on blockchain
5.3 Multi-Language Support
The token sale platform supports multiple languages to ensure global accessibility:
- English
- Korean
- Chinese
- Japanese
6. Security & Transparency
6.1 Open Source Commitment
OW Token smart contracts are developed with transparency in mind. The codebase follows open-source principles, allowing the community to verify and audit the implementation.
6.2 Blockchain Transparency
All OW Token transactions are permanently recorded on the Ethereum blockchain, providing:
- Immutable Records: Transaction history cannot be altered
- Public Verification: Anyone can verify token transfers
- Real-time Tracking: Live monitoring of token distribution
- Decentralized Nature: No single point of failure
6.3 Security Best Practices
- Code Reviews: Multiple developer audits before deployment
- Testing: Comprehensive test suite covering edge cases
- Gradual Deployment: Testnet validation before mainnet launch
- Community Oversight: Open-source code for community review
7. Risk Considerations
7.1 Market Risks
- Price Volatility: Token value may fluctuate based on market conditions
- Liquidity: Trading volume may vary affecting price stability
- Market Adoption: Success depends on NFT marketplace adoption
7.2 Technology Risks
- Smart Contract Bugs: Potential undiscovered vulnerabilities
- Blockchain Congestion: Ethereum network limitations
- Wallet Security: User responsibility for private key management
7.3 Regulatory Considerations
- Compliance: Evolving regulatory landscape
- Jurisdiction Variations: Different rules in various countries
- Utility Token Status: Classification may vary by jurisdiction
8. Legal Disclaimer
This whitepaper is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. OW Token is a utility token designed for use within the OpenWIH NFT marketplace ecosystem.
Potential purchasers should:
- Conduct their own research and due diligence
- Understand the risks associated with digital tokens
- Comply with applicable laws in their jurisdiction
- Only invest what they can afford to lose
The information in this whitepaper is subject to change and may be updated without notice. Past performance does not guarantee future results.
Contact Information
For questions about OW Token or this whitepaper, please contact:
Email: info@openwih.com
Website: https://ow-token-sale.web.app/