Convert GALAXIS Token GALAXIS to OKB OKB

Galaxis is a web3-based, distributed membership card-based community management system with a built-in economy. Galaxis is a web3 platform that provides a framework to build, grow, and govern decentralized communities. We seek to empower content creators, individuals, or anyone to create sustainable communities without any 3rd parties. The Galaxis Ecosystem consists of many independent, separate communities. Each community is an independent unit with its own economy that is controlled by the community creator(s) and the community members. Each community has its own membership card. Owning a membership card makes you part of the community. Membership cards of different communities can be very different. Their design and functionality reflect the aesthetics and values of the given community. Despite their differences, they also share a lot of similarities as well: • They are all hyper-utilized NFTs, benefiting from the Galaxis Framework. • They can hold Utility Traits: digital and physical redeemables, online meetings, autograph traits, badges, and more. • They can be used in community engagement: Governance, Gaming, and Staking. In order to enable all of the above, the membership cards are integrated with ERC-20 tokens, starting with Galaxis Token, which allows each community to operate its own economy. Throughout the platform utilities, benefits and features can be unlocked by holding Galaxis Token. • This will apply to both community creators and community members. • Galaxis will provide grants to eligible communities in Galaxis Token • Galaxis Token may also be used for community staking to unlock further benefits. • Galaxis Token will be used as part of a community voting mechanism as well.

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.