First Blockchain Startup Accelerator launched in Europe

Chain Accelerator has combined many industry veterans in order to cater its clients: a startup is aimed towards the nascent yet booming sector
18 June 2018   935

The startup is based in Paris and has joined 30 veterans from tech and financial spheres, that envolves names like Hyperloop Transportation Technologies’ chairman Bibop G.Gresta, SWIFT’s former CEO Leonard Schrank, Ledger’s president Pascal Gauthier, etc., in order to enforce the growth of the new blockchain companies.

At a time when the President and the Government want to make Paris, the capital of the ICOs, Chain Accelerator is positioning itself as a key player. By setting up a global and operational network in Paris, it brings together the best talent, extends the circle of contributors, and prepares for disruptions to help blockchain projects develop protocols in all sectors.
Nicolas Cantu
Co-Founder, Chain Accelerator

Applying its co-working with industry veterans, Chain Accelerator is to propose a wide range of services to its customers including technical prototyping, business development, recruitment, marketing and public relations, funding guidance, ICO support, and “token economy” consultatory.

This year ealier, French regulatory agency passed its intention to engage the blockchain companies in the country by creating a regulatory framework for ICOs. It was resulted by a large tax cut by the government for cryptocurrencies which diminished the taxes from 45 percent to 19 percent.

In France, as everywhere in the world, blockchain projects face many uncertainties and complexities, whether financial, legal, or technical. Yet, this technology will revolutionize our daily lives. As such, it is essential today to have both a legislative framework enabling its full development and structures enabling the emergence of such projects. Our country must become a leader in the blockchain. I am convinced that Chain Accelerator - the first blockchain incubator - will contribute greatly to this.
Pierre Person,
Member, National Assembly, Paris

Chain Accelerator has already begun to set an impact in the blockchain startup market, and during 6 months of its incubation period, it is already supporting 13 startups.

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   122

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.