Converti OKB OKB in LUCA LUCA

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.

ATM is a peer-to-peer staking platform that allows users to stake tokens with one another. By locking their tokens in a connection, they build their network. ATM ranks each user in this network using Google's PageRank algorithm, and determines their stake rewards from this. The reward token is LUCA. LUCA is also the best currency to lock in a connection, as using it means that the connections will have a higher weight when rewards are calculated. Thus, LUCA is the primary token used in ATM's network, which has amassed around 3000 users and is still growing substantially. Similar to Pancakeswap's CAKE token, LUCA is used as a reward and also as a utility token for the ATM platform, and we expect to see continued growth of both the value of LUCA and the size of the ATM community building this new form of staking social network.