INS to release its wallet

Much anticipated Blockchain Platform by INS is on schedule with the launch of the cryptocurrency wallet on June 29
21 June 2018   728

A new open source cryptocurrency wallet by INS is coming worldwide on June 29. The initial release will support only web platform with iOS and Android versions to be added later. The wallet supports INS ERC20 and ETH tokens with BTC coming soon. Users will be able to perform transactions, receive payments and store funds.

INS Wallet Launch

Launch Summary

INS Ecosystem builds the next generation high-performance scalable blockchain platform with security protocols and smart contracts designed with the express purpose to meet an immense business scope with focus on the consumer markets (retail, consumer goods and services, logistics, etc). At the moment of publication, INS market indicators are as follows:

Average price 0.854392 USD
Market cap 25,888,862 USD
Volume (24H) 4,929,740 USD

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   108

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.