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OKEx Cryptocurrency Exchange to Launch IEO for X-Power Chain (XPO)

News
OKEx Cryptocurrency Exchange to Launch IEO for X-Power Chain (XPO)

According to an official announcement, leading crypto exchange OKEx is to begin offering  X-power Chain (XPO) token starting from the 11th of September on the exchange signature platform OKEx Jumpstart.

Jumpstart Takes Off

Malta-based leading cryptocurrency exchange OKEx is launching its 8th token sale through OKEx Jumpstart. X-power Chain (XPO), a cloud screen ecosystem based on the self-developed public chain, will be offered on Jumpstart starting from the 11th of September 2019 (CEST, UTC+2).

X-power Chain (XPO) is a globally public blockchain base on JAVA language development on which the cloud screen ecosystem is built. The company cooperates with thousands of enterprises around the world and owns more than 400,000 offline screen terminals. X-power chain holds more than 100,000 nodes with daily traffic of over 10 million. Its cloud screen ecology includes mainly three aspects:

  1. Create blockchain advertising, blockchain content and blockchain dApps to explore value in a community-driven approach. Thanks to its open and public platform, X-power Chain will provide consistent traffic for global users to explore value together.
  2. The platform allows exchanging value while tracing all the content in order to solve the problem of global developers’ global screen connection, to achieve global communication and currency circulation.
  3. Energize “public screen” from advertising, content, and dApps, and create a public open platform for global users to explore, tap and exploit its potential value.

XPO tokens will be available prior to subscription. During the first round, which will start from 6:00 (CEST, UTC+2), a total supply of 200,000,000 XPO will be available through OKEx Jumpstart. The same amount will be available during the second subscription session, which starts at 7:00 of the same time zone. The total supply of token is fixed at 10,000,000,000 XPO. The sale price on OKex Jumpstart will be $0.005 per token.

Following the launch of the token, two new listings will be added to OKEx exchange: XPO/USDK and XPO/USDT.

OKEx is flourishing

Right now, OKEx exchange is also undertaking various renovations to enhance users trading experience. Between the end of August and the first weeks of September, the platform is indeed launching futures contracts with daily settlements for Tron (TRX), Bitcoin SV (BSV), Ethereum Classic (ETC), Bitcoin Cash (BCH), Litecoin (LTC), Eos (EOS), Ethereum (ETH) and Bitcoin (BTC). More renovations will include adjustments in settlement and funding time for perpetual swaps.

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