The quantity of tokens supported by the foremost crypto trade and buying and selling platform, OKEx proceeds to increase. In a hottest addition, the system has announced assist for two new cash — The Midas Contact Gold (TMTG) and Everipedia (IQ). These new listing follows the new introduction of THETA/USD and THETA/USDT perpetual swap buying and selling pairs on the OKEx system.
Next the listing, the two tokens will also be available for location investing. The IQ/USDT and IQ/BTC place buying and selling went stay at 11:00 (UTC) on June 18 although the TMTG/USDT and TMTG/BTC marketplace is set to open at 07:00 (UTC) on June 24, 2020.
Everipedia is an EOS based community-governed awareness and details system. Sharing some similarities with Wikipedia, Everipedia supplies everyone with a platform on which they can share what they know about anything at all, as prolonged as the content material is neutral and properly referenced. The blockchain infrastructure beneath it makes use of a 3-module process that involves token, governance, and report submission modules. The governance module is required to make any adjustments to the Everipedia neighborhood subsequent approval from the IQ token holders. Meanwhile, the token module manages any variations to the token balances in distinctive addresses whilst, the write-up module assists propose alterations or edits to be integrated in the crowdsourced data databases.
On the other hand, TMTG is the ecosystem token of Digital Gold Exchange (DGE) which functions as a bridge involving traditional assets and cryptocurrency. The exclusive settlement in between DGE and Korea Gold Exchange 3M permits TMTG holders to buy electronic gold tokens that can be redeemed for actual physical gold on South Korea’s premier gold trading organization.
Conveying how TMTG differentiates from other tokens, CEO of OKEx Jay Hao claimed, “Different from some corporations that have issued cryptocurrencies without in fact thinking of use conditions, TMTG could bring legitimate worth to end users. Besides, we are delighted to witness the blend of cryptocurrency and conventional safe-haven assets, which is an exciting improvement path.” He additional included, “We have wonderful hopes for TMGT, it can open up a new direction of price storage and advertise crypto mass adoption.”
The inclusion of TMTG and IQ is great news for the anxious assignments as it will also contribute in direction of their popularity. All assets that are listed on the platform must initial undergo a stringent assessment course of action set up by OKEx, and any token that manages to move these exams and will get detailed can proudly use a badge of honor.
