OKEx Jumpstart, an initiative of OKEx, a leading digital asset trading and trading platform, has announced another token sale project. The next token sale of NDN link (NDN) will launch on May 20, 2020, becoming the 13th project to do it on the platform.
Established in January 2019, NDN Link combines Named Data Networking (NDN) protocol and blockchain technology to create a decentralized data transmission network capable of supporting next-generation Internet applications and services. By using the underlying technology of the cryptocurrency, the team led by NDN Project Chief Scientist Liang Teng has made further progress in naming data as a whole, proof of work in data routing, etc. creating a content-centric Internet communication technology infrastructure that doesn't trust IP.
The possible use cases of the combination of these two technologies are well known in the industry. Recognizing the importance, OKEx JumpStart has selected NDN Link for the next token sale program. The CEO of OKEx Jay Hao, reiterating the company's commitment to supporting wider adoption of blockchain technology and the value NDN Link brings to the ecosystem, said:
"We are pleased to see blockchain technology as one of the pillars of the next generation Internet infrastructure. We firmly believe that blockchain technology and the Internet are complementary to each other. Projects like NDN Link are the best proof. In the future, we will join more high-quality projects to promote the mass adoption of blockchain technology. ”
The full supply of 5 billion NDN tokens will be available on the OKEx JumpStart platform once the token sale is triggered at a unit price of 0.006 USDT per NDN compared to the private sale price of 0.02 USDT with a quantity of 50,000 NDN minimum individual subscription. During the token sale, OKB will be the only recognized token for subscription and settlement, and the OKB / USD rate will be confirmed on the day of the sale.
OKEx will have two subscription sessions on May 20, 2020. The OKBelievers exclusive assignment session will start at 4:00 (UTC) with a maximum allocation of 166,666,667 NDN, followed by the OKTraders privilege assignment session one hour later at 5:00 (UTC) it has an NDN allocation similar to the above. The platform has set an individual limit of 670,000 NDN for participants in both sessions.
Shortly thereafter, the NDN / USDT and NDN / USDK spot trading pairs will be available on May 20, 2020 at 7:00 and 9:00 UTC, respectively.
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