Frequently asked questions

A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend.
A blockchain is a distributed ledger. Blockchain technology enables the development of permissionless decentralized applications.

Oipl™ solves three primary problems in blockchain:
→ Intellectual Property Claims
→ Provide Verification Badges
→ Listing of Verified Tokens

OIPL development is supported by the Oipl™ Foundation and built by over 1500+ companies support.

Developers who have built tokens on Binance Smart Chain (BScScan)

No, Oipl embraces Ethereum and creates bridges between both ecosystems.

The OIPL is the Obligr Hub’s primary token and secures the Hub’s valuable interchain services.
When users stake OIPL, they effectively lock them up for an indefinite period of time.
Staking rewards come from two different sources: OIPL inflation and Transaction fees
In the process of staking, rewards are generated proportional to the amount of OIPL staked. Of these rewards, a certain percentage goes to the validator to which the OIPL are delegated. This percentage is called the commission.
Crypto wallets provide people with access to their tokens and the ability to make transactions with them.
Staking OIPL earns significant rewards, but is not risk-free.

Staking is the process of locking up a digital asset (OIPL in the case of the Oipl Hub) to provide economic security for a public blockchain.