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.
Dentacoin is an Ethereum-based blockchain platform regulated by smart contracts. The platform supports the dental community by building and creating solutions devoted to improving the quality of dental care worldwide. The blockchain gives Dentacoin the power to change the world for the better. Dentacoin develops the dental industry as well as creates market intelligence through a cryptocurrency reward system that inspires participation throughout the community. Dentacoin is the first cryptocurrency that uses a decentralized review platform and transparently rewards patients and dentists who make contributions that benefit the community. The Dentacoin Foundation team strongly believes in building a future healthcare industry that will fall into the hands of the people, resulting in the disruption of the existing industries and the creation of new industries in the short and long term. Dentacoin strives to create a dental industry community by rewarding people -who provide valuable contributions- with crypto currency. Through this reward system, the foundation will see a rise in a currency that will be able to reach a broad market, including a vast number of people who have yet to participate in any cryptocurrency economy. According to Harvard Business Review: “To protect the blockchain vision from political pressure and regulatory interference, blockchain networks rely on a decentralized infrastructure that can't be controlled by any one person or group.' The integration of blockchain and dentistry is an extraordinary concept; one that requires the creation of a community in which transparency and shared responsibility can take place. Looking forward, Dentacoin expects the platform to drastically improve dental health and hygiene habits, thus improving the quality of life for individuals resulting in improved overall health and increased longevity.