Review on OKB by Ayu Anggraini
Okb project review
If you are familiar with the crypto currency exchange called okex, then you will be familiar with the okex blockchain project called okb.
OKB itself is an economic token that is made on the ethereum network or erc20 token but will be moved to the okchain blockchain network that is being developed by the okex's team.
More clearly, OKB is a global token or native token utility from the Ok Blockchain foundation (the company behind Okex)
..OKB will be moved to OKchain and this migration will take a place in the future after final development.
Okchain and okb are important parts of the okex ecosystem infrastructure. Okb has gained a lot of interest from the traders after the OKB Buy-back & Burn scheme. were already around 17,161,709.06 OKB burned. And 700 million unissued tokens have been burned as well So there are currently around 282,838,290.94 OKB in the total circulation of coins in the market.
Currently okb is used for OKB spot margin trading against the euro, US dollar, rupiah, Korean won, Vietnamese dong, Savings service, and will be used for presales tokens like BNB on binance, currently OKB is traded on more than 50 exchanges around the world including in Indonesia, namely in Indonesian local exchange; indodax, and currently okb is in a period of global expansion with an external application that allows users to buy or use services with okb.
In addition, OKB holders will be able to participate in the governance of OKChain and get rewarded for this activity.
With so many developments happening at OKB right now, it's not strange that the price has reached $ 5,40 USD and is ranked 30 coin marketcap.
Pros
- It Will have a lot of real use cases
- Its an important part of Okex ecosystem
Cons
- The price is expensive for a token which is still under development
