AdEx Beta Release Date Announced

AdEx Network Beta will occur on Febuary 26
21 February 2018   899

AdEx, a blockchain-based ad exchange, has announced the release of AdEx Network Beta on Monday, February 26. AdEx development team is currently running tests and making last tweaks. The final tests and integrations on the UI of the adex-dapp are in progress to ensure everything is functioning the way it is designed to.

AdExAdEx Network Beta release date

Earlier this year AdEx announced that the development was going ahead of schedule and that the company hoped to introduce our prototype in October. However, AdEx said it found a better way to design the AdEx architecture. It is said that new approach would give the DApp more flexibility and scalability, and would allow for the integration with hardware wallets such as Trezor, Ledger and Metamask. At that point AdEx made the decision to revert to its original release date for the benefit of a superior decentralized app.

The company also announced it is deploying a new version of smart contracts (these are currently being tested on the Ropsten testnet), adding once everything is live, it will be added to its public GitHub repositories.

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   110

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.