Converti Community Alliance Token COMAT in OKB OKB

Community Alliance Token (COMAT) is a decentralized digital asset formed through the collaboration of strong blockchain communities aiming to drive innovation and growth. The token's primary objective is to unite global blockchain communities, promoting decentralization, transparency, inclusivity, and innovation. Key Features: - Community-Driven Governance: COMAT is governed by its community members, who have a direct say in shaping the ecosystem through voting processes on the COMAT Swap platform. - Deflationary Tokenomics: COMAT has a deflationary mechanism, with 50% of the total token supply burned, reducing circulating supply and potentially increasing token scarcity and value. - Fair-Launched Token Listing: COMAT Swap lists only fair-launched tokens, promoting transparency and fairness in token listings, and protecting users from potential scams - - COMAT Swap Development: COMAT Swap is a community-driven decentralized exchange facilitating community-driven trading and project evaluation, with features enabling token holders to participate in voting processes. - Community Focused: COMAT aims to unite global blockchain communities, supporting initiatives, funding projects, and rewarding contributors, fostering community engagement. - Collaborative Origins: COMAT was formed through the merger of strong blockchain communities, demonstrating its commitment to collective growth and collaboration.

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.