Converti OKB OKB in MILC Platform MLT

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.

Incorporated by the German media company Welt der Wunder GmbH, the MILC Platform (Media Industry Licensing Content) embodies a Metaverse that connects professional and non-professional media content providers with a global community. This Metaverse features a content licensing marketplace, a movie crowdfunding platform and a social media platform. Further features including a gaming interface, NFT-marketplace, music, direct access to centralized exchanges, etc. will be added from 2022 to 2023. For media professionals the MILC Platform solves four fundamentally important challenges: global availability of content, discovery process for buyers, complex licensing and early feedback from viewers. The MLT (Media Licensing token) works as payment and contract signing medium, as community rewards vehicle and platform governance token.