We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?

Crypto will be the biggest thing to focus on from now on because Bitcoin is recovering an stock market is not, once many witnessed this they will finally understand what crypto is capable of, for all of you saying it's the end, well it's just the beginning

Actually, one more thing has happened since 2017.
Bumping of threads has been less and less effective due to changes introduced to forum.
So less projects jump to the top nowadays, which looks less chaotic than it was before

On February 15, 2020, two years after the launch of our exchange token, OKB, the price of our token is now aching new highs. Amidst all the hype and attention we have received this week, I would like to take this opportunity to reflect on how we got here and explain our vision for this utility token. It has undoubtedly been a long and has had our ups and downs. Over the past two years temporary system shutdown, and evening pains with employee growth hitting 1000+ people within a few years, our users and community, OKB is off to substantiate accusations of fraud. However, thanks to the support of2020. We are grateful to every OKEx user and investor in OKB for standing by us through the result of our unending drive to create bumps during the past two years. I believe this strong start to the year is a series and am thrilled to see our efforts paying off to our supporters and users.
As we reach this important milestone for OKEx, I would like to share with you the journey OKB has embarked on during the past two years
OKB, a bridge between OKEx and its users
Ever since the birth of cryptocurrency and utility tokens, there have been varying opinions and attitudes toward their legitimacy. Are they purely hype and vapor? Can an exchange token provide real value and utility to its users? The past two years have been a non-stop exploration for us in value creation through OKB. We have come a long way and are now extremely confident in our ability to drive value through OKB to our users, treating it as an essential foundation to our trading ecosystem and a bridge that connects OKEx to our valued users Through the continued efforts of our team, long-term holders of OKB will be able to grow together with us and share the fruits of our development in the future.
Putting our money where our mouth is: OKB buyback and token burn Over the past several days I have received countless questions as to why and how we could possibly execute a buyback and token burn of this scale. It was not a decision we made lightly, and in the short term, we can see obvious reasons that one can argue that doing so would eat into our short term profits as a company. In the biggest token burn of its kind, 700 million unissued OKB have been burned with all future quarterly OKB burns coming entirely come from the secondary market. On top of that, OKEx itself will not retain any OKBs, meaning all future OKBs that are distributed to our staff will also be repurchased from the secondary market. Only when OKB achieves absolute deflation can OKB holders truly benefit from the development of the platform. I believe this is a way of putting our money where our mouth is, and pledging ourselves to our long term vision of creating this is a way of putting our money where our mouth is, and pledging ourselves to our long term vision of creating a truly all-in-one world-class trading ecosystem.
Why don't we offer trading fee discounts for larger OKB holdings? Ideas on OKEx, in which users only need to hold 500
OKBs to enjoy fee discounts. To receive the maximum discount, users only need to hold a maximum of 2000OKBs. At the same time, we offer a tiered fee discount scheme, which is based on trading volume and offers the highest fee discounts in the industry.
Based on the feedback we have received we agree this is a much fairer system and fee schedule than many other exchange tokens out there today. We will never force our clients to hold hundreds of thousands of our exchange token in order to enjoy a certain trading fee discount. Professional and institutional users wh Please do not speculate on the price OKE
Yes, it may sound rich coming from the CEO of one of the world's largest exchanges. The point I am trying to make here is that every trades comes with risk, and it goes without saying that cryptocurrency is no different.
A principle that I recommend all our users stick to is that if you do not fully believe in the long term growth of DKEx, then please do not trade OKB. If you understand our business and are optimistic about our long-term outlook, then we welcome you to hold some OKBs and grow together with us. I sincerely hope that all holders of DKB can be rational in every trade and never trade more than they can afford to lose.
The future development of OKB
Creating sustainable value to our users has always been the priority at OKEX. As relatively low profile ave been for a leading exchange in this industry, I believe the recent attention we have received due to the OK price surge shines a light on our values as a company. We will always be diligently listening to your feedback reflect it in our product offerings. When the hype lessens or we encounter a bear market, our team will be quietly" building and improving on our platform. This year, developing the OKB ecosystem will be our top priority. OKB holders will enjoy a much wider variety of benefits when
trading on OKEx and with your continued support and feedback, grow even more in value.
sincerely thank everyone for coming along on this journey with us in pushing forward the great blockchain