Wissel Azbit AZ om naar OKB OKB

AZBIT TOKEN (AZ) is a decentralized cryptocurrency asset founded by the Seychelles-based Azbit platform. The Azbit (AZ) token project was announced in 2018 at the Consensus conference held in New York. Azbit Platform provides services such as spot trading, margin trading, initial exchange offerings and more to enterprises and retail private users. As Azbit's native token, the AZ ecosystem is constantly improved on a daily basis in order to empower users and community members. The main focus of AZ Token is to provide all customers with a safe and reliable trading experience, and to become one of the major industry players. AZ Token also acts as a proof of Azbit community member's rights. Holders will have the right to vote on future business decisions, team elections and receive community bonuses.

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.