Bakkt Launch Date Unveiled

Previously announced GBP / BTC and EUR / BTC pairs were not mentioned in the official message
23 October 2018   1313

The parent company of the New York Stock Exchange (NYSE) Intercontinental Exchange (ICE) has confirmed that the launch of the Bakkt cryptocurrency platform will take place on December 12, 2018.

The first product of Bakkt will be Bitcoin futures contracts with a physical asset supply.

The official statement says that the bitcoins that will be used to secure contracts will be stored in the ICE digital asset repository. Contracts will be cleared through the division of the ICE Clear US exchange.

Each futures contract calls for delivery of one bitcoin held in the Bakkt Digital Asset Warehouse, and will trade in U.S. dollar terms. One daily contract will be listed for trading each Exchange Business Day. 

ICE Statement

Previously announced GBP / BTC and EUR / BTC pairs were not mentioned in the message.

The plans to launch the Bakkt platform, which will allow users and institutional investors to buy, sell and store digital assets in the global ecosystem, were announced in August of this year. The project partners are Microsoft, Starbucks and BCG.

Earlier in October, it became known that the position of Bakkt’s operating director was taken by ex-Coinbase manager Adam White.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1063

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.