OKB Project Analysis

1. Research Institute Review

OKB is a large head platform OK Exchange platform token, but because of the late launch of the platform coin, it has been crushed by the upstart Coinan in terms of market value, but the history of OK platform is much earlier than Coinan, and even the founder of Coinan is from OK, referred to as the "Whampoa Military Academy" of the cryptocurrency circle. OKB was mainly used for platform procedures, and later it was integrated into IEO to buy shares and regular buybacks, making the value of the platform coins more and more prominent, but OK only uses 30% of the spot revenue for buybacks, while OK's main profits are futures contracts. OKX's business logic is clear and steady, so OKB will perform well in the long run.

2. Recent breaking point

Musk Twitter attention + CEX reserve ranking top one

3. Project introduction

OKB is the platform token of the OKX ("OuYi OKEx" officially renamed as "OuYi OKX") exchange. It is a global common point issued by OK Blockchain Foundation, abbreviated as OKB and OK Coin. It was issued on March 1, 2018, with a maximum supply of 1,000,000,000 OKB. 4.

4. Token role

OKChain is an exchange public chain system developed and launched by OKX; OKB is a crypto asset empowered by the OKX platform, and the two will build a benign role and promotion relationship by relying on OKX as a bond. OKB, as one of the official coins on OKX DEX, will be traded freely and openly on OKX DEX. Based on OKChain's free and autonomous ecosystem, OKB will be effectively interconnected with decentralized exchanges and trading pairs built by users.

5. Token economic model

Issued on March 1, 2018, the maximum total supply is 1,000,000,000 OKB.

By February 10, 2020, it was officially announced that all 700 million uncirculated OKBs were destroyed and OKB became the world's first fully circulated platform coin.

OKB is the first fully circulated platform coin in the world. Current total tokens: 300,000,000

Allocation Number of

User reward 180M 60%

Team 60M 20%

Foundation 30M 10%

Early stage shareholders 30M 10%

6. Project Highlights

The intrinsic value of OKB comes from: the empowerment of ecological construction, the expansion of trading channels, the platform's own performance and the construction of a deflationary model based on OKB repurchase and destruction. 1. ecological construction: the expansion of internal and external application scenarios around OKB, 11 internal application scenarios and 32 external application scenarios have been opened; 2. trading expansion: 8 major fiat currency deposit channels including USD, EUR, KRW, Rupiah, VND, etc. have been opened for the world; 3. OKB is the first fully circulated platform coin in the world, promising never to issue more.

7. Community

twitter: 18,500 people

8. Future Outlook

At present, OKB has been applied in important fields such as payment wallet, trading, financial services, lending and finance, network security, travel, leisure and entertainment, and life services, realizing the application on the ground; continuously expanding OKB circulation and trading channels and activating the market potential of OKB. At present, OKB's fiat currency channel has covered dozens of countries such as USD, EUR, Rupiah, VND, KRW, etc.; meanwhile, it continues to improve OKB deflation model and increase repurchase and destruction efforts. OK, as the head trading platform, has a large share of the contract market and OKB is the platform token of OKEx exchange, so users can get the dividends of the platform growth by holding OKB. As one of the top three trading platforms in China, OK has a very strong profitability, with spot, futures, leverage, contracts, and options, and a very rich product line.

Basic Information

OKB is the platform coin of OKX, its value is supported by the performance of OKX platform and buyback, the issuance mechanism is one-time issue and quarterly destruction, with deflation model. Transfer to black hole address for destruction. By February 10, 2020, it will be officially announced that all 700 million uncirculated OKBs will be destroyed and OKB will become the world's first fully circulated platform coin.

Full token name: OKB

Token name: OKB

Project website: https://www.okx.com/okb

Block query.

https://etherscan.io/token/0x75231f58b43240c9718dd58b4967c5114342a86c

Liquidity query.

https://etherscan.io/address/0x75231f58b43240c9718dd58b4967c5114342a86c

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2023/1/2