Etherparty and CoinPayments announced partnership

Etherparty Smart Contracts teamed-up with CoinPayments to integrate FUEL into the latter's global network and system
29 March 2018   1185

A blockchain technology company Etherparty Smart Contracts Inc. is now in a close collaboration with cryptocurrency payment gateway provider CoinPayments.

Etherparty's digital token, FUEL, is now integrated into CoinPayments' system and its global network

 

Jason Butcher

COO, CoinPayments

From this moment on, Etherparty digital token, FUEL, is integrated with CoinPayment's system and can be accepted at over 760,000 merchants stretching over 182 countries. FUEL is also is very versatile digital asset, so that users can buy it with over 55 cryptocurrency varieties.

This partnership is another example of working with a great technology partner in the blockchain space. Working with CoinPayments will help us expand our offerings and make it easier to use cryptocurrency, FUEL and our platform.

 

Kevin Hobbs

CEO, Etherparty Smart Contracts Inc.

Etherparty's token is a transferable ERC-20 compliant digital currency and acts as a validator of the transactions on Etherparty network and its solutions. FUEL is a native token for the whole Etherparty platform, including the coming Rocket crowdfunding platform for average Internet users. Rocket is set to be the first to-be-released product in the portfolio of Etherparty blockchain solutions. Etherparty Smart Contracts is a Canadian startup focused on blockchain solutions with an extensive use of smart contracts based in Vancouver. CoinPayments is another Canadian startup that acts as a payment processor of over 310 countries.

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   79

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.