Converti Faith Tribe FTRB in OKB OKB

Faith Tribe is a collaborative open-source fashion design platform that empowers and rewards independent creators in the web3 economy. It is owned by Faith Connexion, a 21-year old globally-recognized luxury streetwear brand that pioneered the concept of collaborative fashion and has been worn by some of the world’s most influential fashion leaders, and is heavily private-equity backed. $FTRB gives access to an end-to-end experience, a digital business-in-a-box for designers to collaborate, create, mint, fund, manufacture, distribute and track design assets in the digital and physical realms, as well as for the purchase of clothing and staking. Faith Tribe brings together the decentralized community of designers, artists, influencers, brands, developers, and buyers under an inclusive and incentive-aligned structure that enables experimentation, remixing and discovery in fashion, where participants are rewarded for their contributions.

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.