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.
Emercoin (EMC) is an open-source cryptocurrency which originated from Bitcoin, Peercoin and Namecoin. Other than being a cryptocurrency, it is also a platform for secure distributed blockchain business services. The EMC coin is used for accessing the blockchain-based services provided by Emercoin. Emercoin inherits the reliability and security of Bitcoin, while at the same time adding more features to its own blockchain by leveraging several innovative technologies. The Emercoin blockchain has been specially designed to provide businesses with the secure blockchain services and also allow them to create their own decentralized apps. Emercoin was founded in the year 2013 by Eugene Shumilov who also serves as the chief executive officer of Emercoin. The Emercoin team also consists chief technical officer Oleg Khovayko, a cryptocurrency & financial expert and Stan Polozov a Blockchain Implementation Specialist. Emercoin is also backed by a decentralized team of nine advisors from across the world. Emercoin has been in the market since 2014, and its past trend in the cryptocurrency market shows that it has followed a steady and stable growth. Emercoin has scored many partnerships. Two of its major partners are Coca Cola and Microsoft. Some other partners are RedHat, LLoyd’s, Bitfury, Aspanta, Deloitte, Authorizers, Foundico, Anteko, etc. Emercoin has also been featured on some prominent media platforms such as Forbes, Digital Trends, Engadget, The Business Times, Aljazeera, Gadgets Now and others. With the sheer variety of services that the Emercoin platform makes available to its users, it would not be surprising to see this currency be viewed as a lucrative investment option by many novice as well as experienced investors in the near future. With the currency’s value currently hitting new highs, it can be said that many people are now beginning to see the true power and potential of this emerging blockchain. However, as is the case with all crypto assets, past performance should not be used to predict the future value of EMC.