OKB

About OKB

OKB is a global utility token issued by the OK Blockchain Foundation, launched by the cryptocurrency exchange OKEx. The token was officially issued on the ERC20 protocol and is intended to be used on OKEx's platform and other related projects. The total supply is capped at 1 billion tokens, with 60% allocated for distribution to OKEx customers for community building and marketing campaigns, while the remaining tokens are locked up for 1 to 3 years. OKEx denied conducting an ICO or public fundraising for OKB.

• OKB was launched with 10 trading pairs on OKEx.
• The token was initially issued on the ERC20 protocol but was planned to be shifted to OKEx's own chain.
• 60% of the total supply (600 million tokens) is allocated for community building and marketing campaigns.
• The remaining 40% of tokens are locked up for a period of 1 to 3 years.
• OKEx explicitly denied conducting an ICO or public fundraising for OKB.