• Market Cap
    $389.261B 3.43%
  • POW Market Cap
    $298.966B 5.69%
  • POS Market Cap
    $19.787B 2.40%
  • Masternodes Market Cap
    $1.249B 0.66%

OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs. On its official support page, OKEx describes OKB is a global utility token issued by the OK Blockchain Foundation. The total available supply of OKB will be one billion tokens (1,000,000,000), with a distribution model that allocates 60% of the supply will be given out to OKEx customers for community building and during marketing campaigns. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years. According to OKEx, the company had officially issued OKB on ERC20 protocol earlier this month. The company denied ICO (initial coin offering) and public fundraising. Reportedly the company had stated that it would be soon shifting the token to its official OK chain and subsequently it will be applied not only on OKEx’s platform but also on other related projects. There will be in total 1 billion tokens supplied globally out of which 600 million coins will be distributed to OKEx customers for community building and marketing campaigns. Rest will be locked up for a period of 1 year to 3 years.

This data was last updated 2020-10-22 05:54:46 UTC

Details

MarketCap
1.362B
MarketCap 24hr Change
-0.72%
MarketCap Rank
21
Total Supply
300000000
Circulating Supply
275.512M
Volume
49.106M
ATH
7.4
Launched
N/A

Technical Details

Blockchain
N/A
Consensus
N/A
Staking APR
N/A
Block Time
N/A
Algorithm
N/A
$4.94
-1.01%
$1.362B
Marketcap
$49.106M
Volume
300.000M OKB
Total Supply
275.512M OKB
Circ. Supply
24H
-1.01%
7D
-18.24%
30D
-16.17%
Last 7D
-18.24%

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