The variety of tokens supported by the main crypto change and buying and selling platform, OKEx continues to develop. In a contemporary addition, the platform has introduced help for 2 new cash — The Midas Touch Gold (TMTG) and Everipedia (IQ). These new itemizing follows the current introduction of THETA/USD and THETA/USDT perpetual swap buying and selling pairs on the OKEx platform.
Following the itemizing, the 2 tokens can even be accessible for spot buying and selling. The IQ/USDT and IQ/BTC spot buying and selling went reside at 11:00 (UTC) on June 18 whereas the TMTG/USDT and TMTG/BTC market is about to open at 07:00 (UTC) on June 24, 2020.
Everipedia is an EOS based mostly community-governed information and data platform. Sharing some similarities with Wikipedia, Everipedia gives everybody with a platform on which they’ll share what they learn about something, so long as the content material is impartial and correctly referenced. The blockchain infrastructure beneath it makes use of a 3-module system that features token, governance, and article submission modules. The governance module is critical to make any modifications to the Everipedia neighborhood following approval from the IQ token holders. Meanwhile, the token module manages any modifications to the token balances in several addresses whereas, the article module helps suggest modifications or edits to be included within the crowdsourced data database.
On the opposite hand, TMTG is the ecosystem token of Digital Gold Exchange (DGE) which acts as a bridge between conventional belongings and cryptocurrency. The unique settlement between DGE and Korea Gold Exchange 3M permits TMTG holders to purchase digital gold tokens that may be redeemed for bodily gold on South Korea’s largest gold buying and selling firm.
Explaining how TMTG differentiates from different tokens, CEO of OKEx Jay Hao mentioned, “Different from some corporations which have issued cryptocurrencies with out really contemplating use instances, TMTG might deliver true worth to customers. Besides, we’re happy to witness the mixture of cryptocurrency and conventional safe-haven belongings, which is an thrilling improvement path.” He additional added, “We have nice hopes for TMGT, it may well open up a brand new path of worth storage and promote crypto mass adoption.”
The inclusion of TMTG and IQ is nice information for the involved tasks as it’s going to additionally contribute in the direction of their fame. All belongings which can be listed on the platform should first endure a stringent overview course of arrange by OKEx, and any token that manages to cross these assessments and will get listed can proudly put on a badge of honor.