CCEDK Launch OBITS on OpenLedger Allowing DEX Sharing
Danish exchange CCEDK has created a new currency to reward holders with a share of its revenues from transactions and referrals, as well as income from new initiatives.
CCEDK CEO Ronny Boesing has announced the launch of a new token, named Obits, that will be used to reward holders with a proportion of revenues from activity on the exchange.
The token will be hosted on the decentralised financial system OpenLedger also named DEX, which is the de facto BitShares 2.0 platform. Described as a revolutionary fintech platform, OpenLedger aims to offer the advantages of decentralisation and control over balances with the speed and capacity of regular centralised exchanges. It is run as a collaboration between CCEDK and blockchain experts Cryptonomex, the developers of the Graphene toolkit, upon which the platform is powered.
A share in the future
Obits will provide holders with rewards based on trading commissions, withdrawal fees and referrals on OpenLedger. Furthermore, over time new revenue streams will be added as more elements are added by CCEDK – including fiat gateways, Ripple, PayPal and NanoCard integration, to name just a few.
"Obits is based on the fees of an array of profit centres from within OpenLedger and its many opportunities made available with the de facto BitShares 2.0 decentralised trading platform. It is a token full of great stuff, with great potential," Boesing explains.
Boesing’s hope is that Obits will allow ordinary members of the public to profit from the wide range of crypto projects CCEDK supports, as well as the signature volatility that more often puts off newcomers, without needing a deep understanding of either the technology or the markets.
Pre-launch sales
A total of 18,276,898 Obits will be available. The bulk of these will go on public sale on December 1. However, 20 percent of the supply is reserved for pre-sale. All pre-sales are being managed personally by Boesing himself, who can be contacted at ronny @ ccedk dot com. Once purchased, tokens will be hosted on OpenLedger. As a Decentralised Autonomous Exchange, balances are always auditable and available in full.
"In order to make OBITS available to as broad an amount of interested future owners as possible, it is possible to buy OBITS with Bitcoin (BTC), BitShares (BTS), Litecoin (LTC), Peercoin (PPC), DASH, DOGE, NuBits – always a dollar (NBT) and Etherum (ETH) and the fiat currencies EUR, USD, CNY," says Boesing.
Ultimately, the value of Obits will depend on the levels of activity within the OpenLedger and CCEDK systems, rather than being driven by speculation, as so many other cryptocurrencies are. Buybacks funded by the exchange’s profits will be held on the first day of every month, providing liquidity for those who wish to cash out. These tokens will then be burned to increase the value of the remainder. Tokens can also be traded peer-to-peer, just like other cryptocurrencies.
Ownership of Obits will give holders rights like the shareholders of a traditional company, enabling them to vote on key decisions, with influence in proportion to the amount of Obits they have.
Obits: https://www.obits.io/
Related News
We had earlier interviewed Ronny Boesing, the CEO of CCEDK. In that interview, he explained about the origins of CCEDK and how he got drawn into the cryptocurrency sector. A lot of things have happened with CCEDK since then, including the recent launch of OBITS, an OpenLedger based crypto-token. So, here we are back with Ronny to know about the latest news from inside CCEDK and OpenLedger. NewsBTC: CCEDK has been in the news a lot lately, especially about the launch of OBITS and how it is different from other cryptotokens? Can u please elaborate a bit about that? Ronny: Unlike other....
Pioneering Danish Bitcoin exchange CCEDK is to close down and reopen as a financial gateway for OpenLedger, its creator has announced. CCEDK Out, OpenLedger In. Ronny Boesing, who started the exchange in 2014, released the news to users in a statement Friday. “The current trading engine will cease operating for good… When the exchange re-opens on 1 July,....
Cryptocurrency OBITS has called to end its crowdsale with the introduction of its first buyback, a dividend option and a new fiat gateway on OpenLedger, a decentralized trading platform based on BitShares 2.0. The crowdsale, according to OBITS issuer and market maker CCEDK, has managed to raise more than 700 BTC — equivalent to $270,000 — before conclusion. The Danish decentralized cryptocurrency exchange now plans to move ahead with OBITS’ first buyback program, which will take place on February 2nd this year. The new profits “will be used for market-making and to add value to the end....
Danish cryptocurrency exchange CCEDK released a new currency called Obits that offers holders a share garnered from trading and referrals on the OpenLedger platform. The public launch is due on December 1st while the private sale of Obits begun last Friday with half the coins available for pre-sale being already sold. Ronny Boesing, Founder and CEO at CCEDK, told to the CoinTelegraph: “We have a total supply of 18 276 898 tokens called OBITS, 20% was released prior to Friday last week with a public launch on December 1st, 2015, about 10% has been sold.” Investors can buy the new currency....
Decentralized land registry project Bitland has announced its ICO crowdfunding campaign and slated launch following a partnership with Danish exchange OpenLedger and revamped “decentralized conglomerate” CCEDK. Bitland: Development Project Has ‘Many Aspects’. Bitland (bitland.world), which seeks to secure rights for landowners by using the blockchain to....