About OKB

OKBUSDT is a utility token introduced by OKEx, a leading cryptocurrency exchange known for its significant trading volume. The token has a total supply of one billion units, with a substantial portion—60%—allocated for distribution to OKEx customers. This distribution aims to foster community engagement and support various marketing initiatives. Initially issued on the ERC20 protocol, OKBUSDT is set to transition to the proprietary OK chain, enhancing its utility across the OKEx platform and related projects. The project emphasizes a commitment to transparency by forgoing an initial coin offering (ICO) and public fundraising. Instead, the distribution model focuses on rewarding users and building a robust community. The remaining tokens, which are not allocated for immediate distribution, will be held in reserve for a period ranging from one to three years, ensuring a controlled release into the market. This strategic approach aims to maintain the token's value and support its long-term viability within the cryptocurrency ecosystem.