Or we could be wrong in our research and experiments. However, we already gathered LOIs from a handful of parties totalling over $64k, as well as signed a partnership with a VC (LemVega Capital). Additionally we found out bitcoiners like to support companies building on and around bitcoin. Obviously our long term goal is to be as native to btc layer 1 as possible, as of now that is not possible without introducing substantial friction. In order to catch the momentum of regulations opening up and favorable investor climate we decided to go to market on Bitlayer, as they are on main net already. This allows us to take early-stage investing—once locked away—and brings it to those ready to seize the future, now.

btw we are doing a techstack pivot to Arch. So very close to native bitcoin

Hello there, Those are great questions, thanks for asking! The token is employed to a) provide liquidity to holders (they don't have to wait until OTORI makes an exit) and b) providing OTORI with capital to invest in pre launch tokens (like for example investing in Liquidium or Arch network before the public token launch) of startups that we screen and vet through our partnership with the BTC StartupLab. c) calculate the NAV (Net Asset Value) in real time. Since all proceeds from OVT sales are 100% going into other tokenized investments, we can calculate and track the NAV in real time.

The token will be sold in TGEs via rolling raises (~$1M every two months), to keep the ability to continuously invest in promising early stage startups.