OKX is a world-leading digital currency trading platform that provides global users with spot, derivatives trading and financial products of various digital currency assets such as Bitcoin and Ethereum, helping users to manage and invest in encrypted assets safely and conveniently. OKX continues to provide users with safe, stable and reliable digital currency asset transactions, and provides users with a safe and rich direct entry to the Web3 world. OKB is OKX's Utility Token, with a total issuance of 300 million. OKB uses a token economic model to connect the world's best innovative digital asset projects with OKX platform users, better create an OKX ecological closed loop, and achieve industry win-win in the blockchain era. Holders of OKB can enjoy many rights and interests such as participating in platform business, having exclusive activities, and experiencing new features first.

The vision of this project is to build OKB into an important part of the OKEX ecosystem, which will be applied to the OKEX platform and various ecosystem projects invested by OKEX in the future, and to build it into one of the top mainstream exchanges in the world.

The surge in the cryptocurrency market happens from time to time. Most currencies are short-lived and then enter a trough, or follow the trend of the BTC market. There are few currencies that continue to grow steadily. In 2018, the cryptocurrency market led by BTC was overall unstable, fluctuating and correcting every day. If you are not careful, you will experience a waterfall. OKB has become a high-quality safe-haven asset in the bear market.

OKB hopes to achieve a win-win situation in the global blockchain era through OKB, and jointly promote the healthy development of the blockchain and digital asset industries. The total issuance of OKB is 300 million. The platform will repurchase and destroy a certain number of OKBs from the secondary market every quarter. It is an absolutely deflationary token. OKB was initially issued based on the ETH network, and later migrated to the public chain OKChain launched by OKEx. OKB has many ways to play, including the user fee discount closest to the transaction. It not only has the characteristics of low threshold and low maximum amount, but also the largest discount in the industry. In addition, there are also: Jumpstart subscription quota, small asset exchange, 3x leveraged trading, OKChain public chain rights and interests, etc.

Token name: OKB Total number of tokens: 1 billion Token distribution: 600 million (60% of the total) will be distributed to users for free in two phases; 100 million (10% of the total) will be used for the operation of the foundation, and 100 million will be released after 3 years; 100 million (10% of the total) will be purchased by some early shareholders, and 100 million will be released after 2 years; 200 million (20% of the total) will be held by the team, and will be released in batches after 1 year, with 20 million released each year.

1. Users who own OKB can participate in the platform listing vote; 2. OKB can be used to pay the OKEx trading platform's handling fees, interest on margin trading, and can enjoy discounts; 3. OKB can be used to pay the deposit of certified merchants; 4. OKB can be used to purchase exclusive services such as exclusive API trading servers, exclusive API trading networks and IP addresses, as well as other value-added services.

The ecosystem created by OKB has a wide range of value and usage among similar platform coins. In addition to being able to deduct transaction fees when trading on the OK Exchange, users holding OKB will also receive super incentives distributed to users every Monday, as well as irregular airdrop rewards.

Upstream of the industry, profit can be obtained. On the one hand, the exchange is at the top of the entire blockchain industry, equivalent to the A-share, Hong Kong and US stock markets of the stock market. As long as the industry continues to exist and there will be no major changes in policies, the exchange is a typical place to "make money lying down". On the other hand, as a global exchange, OKex has 40% of overseas users, and the platform's trading volume and user volume provide guarantees for the platform's value. 2. Global circulation, business support. As a token issued by the trading platform, OKB has strong liquidity. It has the function of "legal currency" circulation in the OKex Group and can deduct transaction fees. As the group gradually establishes branches in Canada, Singapore, Russia, the United States, South Korea and other places, and overseas business is further developed, the value of OKB will bring rapid growth. OKB holders will be small shareholders of the OKex platform, and the future increase in platform revenue will be shared with users. 3. OK public chain, technology as the foundation. OKex will launch the public chain OKchain on the platform, and the entire group's business processes and global universal points will run on the public chain. Once all are running smoothly, the application scenarios of the entire business will continue to increase. Whether it is listing coins, trading, or airdrop token incentives, it will bring huge profit margins to token holders.

The OKB Foundation and OKEx will establish a strategic partnership to build OKB into an important part of the OKEx ecosystem, and will be used in the OKEx platform and various ecological chain projects invested by OKEx in the future. 2. Sharing and transparency are the core concepts of blockchain. OKEx will launch a platform sharing plan to distribute 60% of OKB's global universal points to OKEx users for free each year, allowing every user to participate in the construction and development of the platform and jointly build the OKEx blockchain ecosystem. 3. The way OKB incentivizes investors to hold is very simple and direct, that is, to directly distribute dividends to holders. According to the plan, the platform will distribute 50% of the weekly handling fees as a super incentive in the form of BTC to OKB users every Friday based on the proportion of users' OKB holdings.

Huter's comment: Since the development of the blockchain industry, the most mature project is the exchange OKB, a point-based token launched by the digital currency exchange OKEx. Backed by OKEx, a gold mine with a steady stream of profits, it can obtain stable investment returns through weekly dividends and currency price appreciation. In the high-risk digital currency market, it is a relatively safe value investment.

From the perspective of active user trading volume, OKB's usage scenarios are highly optimistic. From a global perspective, the better the globalization of the exchange, the lower the risk of the platform currency in the future and the greater the holding value. Currently, overseas users account for 40% of OKEX, which is higher than overseas users of similar trading platforms, which greatly increases the holding value of the platform currency. As the platform currency of OKEx, OKB has its own traffic as soon as it goes online. The issuance method of OKB is not to buy point cards or crowdfunding, but to directly crowdfund and connect users. In order to increase user stickiness, the relationship between users and the platform is further bound through the income incentives of the platform currency.