Convert OKB OKB to International Stable Currency ISC

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.

What is the project about? ISC is a flatcoin. A flatcoin is a stablecoin that is both stable in price and increases in value over time. The purpose of a flatcoin is to protect the purchasing power of its holders. Leaders like Brian Armstrong of Coinbase are proponents of flatcoins because they believe that inflation-resistant money will onboard the next billion users onto crypto. What makes your project unique? Flatcoins are new to the stablecoins industry. Our competitors are Nuon (nuon.fi) and RAI (reflexer.finance) What makes us different from Nuon & RAI is that we are collateralized with Real World Assets (RWAs) such as gold, bonds, t-bills, equity, and cash. This matters because RWAs provide much deeper liquidity for ISC than our competitors. History of your project. We spent 1.5 years determining the legal structure with our lawyers. What’s next for your project? We are bridging our token from Solana to ETH & various layer 2s What can your token be used for? Store of value and payments. We’ve integrated with to power payments for Solana Hacker Houses.