Academy Press Room Article

OKEx Jumpstart To Launch NDN Link (NDN) As Its 13th Token Sale Project

2020.05.07

OKEx (www.okex.com), the world’s largest cryptocurrency spot and derivatives exchange, announced its 13th token sale project, NDN Link (NDN), on OKEx Jumpstart will be launched on May 20, 2020. Combining Named Data Networking and blockchain technology, NDN Link aims to build a decentralized data transmission network and foster the development of a next-generation of Internet applications and services.

Based on Named Data Networking (NDN) protocol, NDN was established in January 2019 and led by its chief scientist Liang Teng from the NDN project. By introducing blockchain technology, NDN has achieved breakthroughs in many spheres, including data naming as a whole, proof of work on data routing, etc., building a content-centric internet communication technology infrastructure, which does not rely on IP.

“We are glad 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,” said Jay Hao, CEO of OKEx, “In the future, we will join hands with more high-quality projects to promote the mass adoption of blockchain technology.”

Subscription Details

NDN has a total supply of 5,000,000,000 NDN and will be available on OKEx Jumpstart at $0.006 USDT per NDN, while the private sale price from NDN is $0.02 USDT per NDN, with an individual minimum subscription amount of 50,000 NDN. OKB is the only token accepted for the subscription and settlement. The exchange rate of OKB/USD will be confirmed on the sale day. There will still be 2 subscription sessions on May 20. The OKBelievers Exclusive Allotment Session will open at 4:00 (UTC), and the OKTraders Privilege Allotment Session will open at 5:00 (UTC).

OKBelievers Exclusive Allotment Session: 166,666,667 NDN

Individual Cap: 670,000 NDN

Over-subscription Limit: N/A

OKTraders Privilege Allotment Session: 166,666,667 NDN

Individual Cap: 670,000 NDN

Over-subscription Limit: N/A

Following the token sale, the NDN/USDT and NDN/USDK spot trading pairs will be available at 7:00 and 9:00 May 20, 2020 (UTC) respectively.

END


Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

About OKEx

The world’s largest and most diverse cryptocurrency marketplace, OKEx is where global crypto traders, miners, and institutional investors come to manage crypto assets, enhance investment opportunities, and hedge risks. We provide spot and derivatives trading, including futures, perpetual swap, and options, of major cryptocurrencies, offering investors great flexibility in formulating their strategies to maximize gains and mitigate risks.

Media contact:
Vivien Choi
Email: [email protected]
Telegram: @vivienchoi

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