Convert OKB OKB to MIMOSA MIMO

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.

Mimosa is a creeping annual or perennial flowering plant. The compound leaves fold inward and droop when touched or shaken, defending themselves from harm, and re-open a few minutes later. The project is named after mimosa according to the properties of the plant. The Mimosa team is composed of Japanese economics researchers. Through a new generation of deflation agreement based on the Ethereum chain, it responses to the inflation caused by the loose monetary policies and liquidity mining in the encryption filed, Mimo for shot. We believe that the existing liquidity mining, token staking, derivative futures, etc., make the circulation of assets on the market keep increasing. In the absence of new investors, it will bring more pressure on the existing investors. This does not contribute to the development of the industry, nor can the market value of innovative projects (other than bitcoin) continue to grow.