Whitepaper Series: Part F: What is OCLT?
As we continue breaking down our MiCA-compliant whitepaper, today’s post zooms in on the heart of it all: the crypto-asset itself. What is $OCLT really, and what can it do?
Type of Asset:
OCLT is a utility token, not an e-money or asset-referenced token. It’s part of the class of crypto-assets defined by MiCA as “OTHR” and it’s here to serve use cases, not just speculation.
Functionalities:
From Day 1, OCLT serves two core roles:
Currency: a medium of exchange within our ecosystem.
Staking: enabling real governance, with voting power tied to your contribution and skin in the game.
More use cases will be added as the project evolves. This is just the beginning.
Token Characteristics:
Name: OffChain Luxembourg Token
Symbol: OCLT
Precision: 8 decimals
Max Supply: 1,000,000,000,000
Launched by: OffChain Luxembourg a.s.b.l.
MiCA-compliant and published with Luxembourg as its Home Member State, and France, Germany, and Belgium as Host States.
Offer started: December 30, 2024
More info: offchain.lu
We’re building an ecosystem. That’s why we provide education, training, and events alongside the project. This is about real-world crypto integration, not just theory.
And beyond the whitepaper… there’s the vision.
OCLT is our step toward Open Money.
A monetary system not built around debt, inflation, or centralized gatekeepers, but around transparency, fairness, and local value creation. A system where the community has a voice, and where the tools of finance empower rather than exclude.
That’s the mission behind OCLT and it’s just getting started.
More parts of the whitepaper coming soon.
In the meantime: curious? Questions? Let’s talk. 👇
