Introduction to OKB (OKB Coin)
OKB is the global utility token issued by OK Blockchain Foundation, officially known as "OKB." Unlike traditional cryptocurrencies, OKB was not offered through an ICO and does not involve public fundraising from investors.
OKB Token Overview
| Attribute | Detail |
|---|---|
| Token Name | OKB |
| Category | Exchange Token (Platform Coin) |
| Team Size | 1000+ employees |
| Launch Date | March 19, 2018 |
| Headquarters | International (Non-China) |
Project Background
Core Philosophy
OKB serves as the backbone of OKEx's ecosystem, integrating with the exchange's services and partner projects. The foundation emphasizes decentralization by distributing 60% of all OKB tokens to users through annual airdrops.
Key Team Members
Tim Byun (CRO)
- Former regulator at U.S. Federal Reserve and FDIC
- Expertise in AML compliance and digital asset governance
Zhang Jiangyao (COO)
- Ex-Groupon CEO with e-commerce leadership experience
- Oversees OKEx's global operations and marketing
Liu Jujiang (VP of Business Development)
- NYU Stern MBA graduate
- Leads partnerships and institutional services
Andrew McColl (Community Manager, Canada)
- Co-founder of Queens Blockchain Innovation Community
OKB Tokenomics and Benefits
Unique Advantages
- Fee Discounts: OKB holders enjoy reduced trading fees on OKEx.
- Revenue Sharing: 50% of weekly trading fees distributed as BTC dividends proportional to OKB holdings.
- Governance Rights: Participate in listing votes and access premium API services.
Use Cases
- Pay for trading fees & margin interest
- Secure exclusive platform features
- Stake for partner project rewards
Frequently Asked Questions (FAQ)
Q: How is OKB different from other exchange tokens?
A: OKB focuses on long-term ecosystem growth through its user distribution model and transparent dividend system.
Q: Where can I buy OKB?
A: OKB is primarily traded on 👉 OKEx exchange.
Q: Does OKB have a fixed supply?
A: Yes, with controlled circulation via scheduled burns to maintain value.
Q: What makes OKB a good investment?
A: Its utility within one of the world's top crypto platforms and recurring dividend payouts create sustained demand.
Conclusion
As OKEx's native token, OKB offers tangible benefits for active traders and long-term holders alike. Its integration across trading, staking, and platform governance positions it as a cornerstone of the OKEx ecosystem.
👉 Join OKEx now to start using OKB
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