Convert OKB OKB to Odyssey OCN

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.

Odyssey is primarily a decentralized sharing economy and peer-to-peer ecosystem, aiming to compete with and replace the likes of Airbnb and Uber. Odyssey dreams big - aiming to completely replace the concept of private ownership with an economy in which everything is shared and little is owned. It’s a long way from its goals, of course, but making peer-to-peer sharing more efficient with smart contracts is certainly a step in the right direction. The Odyssey website lists 9 advisors, with its primary two being Yi Shi, the CEO of Shanghai’s Avazu Holding, a leading global advertising platform, and Justin Sun, the backbone of the TRON cryptocurrency. The advisory team also includes Goh Jian Kai, founder and CEO of Southeast Asia’s cross-border payment solution system RateX. Odyssey has lofty goals, aiming to create a world where sharing is the norm and ownership or sharing monopoly doesn’t come in the way of people’s lives. A decentralized sharing platform where all service providers and customers are connected definitely sounds attractive. It’s a new currency, so it needs development to reach its goals. Of course, the fact that buying a large number of OCN tokens will not put a major dent in your pocket is a definite point in its favour.