Convert OKB OKB to U2U Network U2U

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.

U2U Network is a DAG (Direct Acyclic Graph) based and EVM-compatible chain leverages Subnet technology to provide infinite scalability and perfect fit for DePIN U2U Network is made up of 2 core components: U2U Chain (U2U Chain) and U2U Subnet (U2U Subnet). U2U Chain is a DAG-based, EVM-compatible chain. Its uniqueness includes: DAG (Directed Acyclic Graph) based: Using DAG as the core data structure rather than the traditional blockchain technology enables incredibly low latency and faster transaction finality time. aBFT (Asynchronous Byzantine Fault Tolerance): As a higher level of Byzantine Fault Tolerance, aBFT is the most secure consensus mechanism known today. DPoS (Delegated Proof of Stake): A modified version of Proof of Stake that offers higher efficiency, decentralization, and is more environmentally-friendly. Built atop of U2U Chain, U2U Subnet is a disruptive scaling solution that makes unlimited scalability possible. By implementing an innovative technology called Universal Messages Verification (UMV) and OstracismVM - an original virtual machine, U2U Subnet is able to provide seamless connectivity and interoperability, hence a perfect solution for blockchain real-world applications.