Convert NFT Art Finance NFTART to OKB OKB

NFTART is a deflationary utility token on BSC powering the NFT ecosystem enter. The tokenomics rewards holders with a passive income where 5% is redistributed and 5% is burnt on every transaction on the blockchain. NFTART was stealth launched late March 2021 with no pre-sale. The smart contract ownership of the token is renounced, and all codes are audited externally for the investors’ safety. enter.art & enter.audio are the first platforms where NFTART is used as the utility token, but plans for the future are big and stretch far. On the Enter platforms you will find free and easy access features for everything you need as an NFT artist. The only fees you have to consider are BSC transactional fees, which are very low compared to other networks. You can choose up to 20% royalties on all future resales of your art, making sure that your wallet holdings increase with the value of your works. Enter offer easy access to minting, built-in royalty splitting, the ability to mint up to 20.000 NFTs at once, and has already been established as a go-to place for visual NFT art on Binance Smart Chain. The ecosystem is being built by the Norwegian crypto and tech company Enter. The team is public.

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.