Country for PR: Hong Kong
Contributor: PR Newswire Asia (Hong Kong)
Wednesday, March 13 2019 - 14:53
AsiaNet
OKEx Announces Upcoming Launch of IEO Platform "OK Jumpstart"
MALTA, March 13, 2019 /PRNewswire-AsiaNet/ --

OKEx announced that a brand-new IEO (initial exchange offering) platform will 
soon be launched. Named "OK Jumpstart", the new platform aims to incubate 
high-potential projects and support early entrepreneurs.

OKEx Upcoming Launch of IEO Platform "OK Jumpstart"
OKEx began its research on different token launch methods since July 2018 when 
the OKNodes platform was launched. For high-quality projects and early 
entrepreneurs, it is believed that the IEO model is an ideal method for them to 
kick-start. By saving the time and resources for getting listed on exchanges, 
project teams will be able to focus on project development and community 
management.

As a trailblazer in the blockchain industry, OKEx is committed to facilitating 
the development of blockchain technology and projects. After a comprehensive 
evaluation of related regulations worldwide, OKEx finally came up with "OK 
Jumpstart" as a compliant IEO platform. With the technology and services 
required ready, OKEx is ready to roll out the platform in the soonest future.

"We are happy to launch 'OK Jumpstart' as our own IEO platform. I believe the 
IEO model will bring considerable advantages to both the exchange and project 
developers, particularly start-ups can conduct their launching process easier 
and more streamlined," said Andy Cheung, Head of Operations of OKEx. "In view 
of the demand for IEO growing so fast, 2019 will be the year of IEO, and we 
expect to see more innovative projects be hatched from this platform."

More details about "OK Jumpstart" will be announced shortly. Please stay tuned 
for updates.

What is Initial Exchange Offering (IEO)?

IEO serves similarly to the Initial Coin Offering (ICO) -- both allows selling 
tokens to finance early-stage projects, however, the key difference is that 
both the project developer and the investors facilitate their transactions 
through a third party -- a reliable exchange. The exchange acts as a guarantor 
and conducts a project due diligence check on the project team. Having IEO to 
streamline the process, developers are no longer required to perform KYC 
verifications. Indeed, it can bring about widespread publicity and a quicker 
listing process.

About OKEx

OKEx is a world-leading digital asset exchange headquartered in Malta, offering 
comprehensive digital assets trading services including token trading, futures 
trading, perpetual swap trading and index tracker to global traders with 
blockchain technology. Currently, the exchange offers over 400 token and 
futures trading pairs enabling users to optimize their strategies. The platform 
provides a safe, reliable, and stable environment for digital asset trading, 
serving millions of customers from over 200 countries and regions.

Photo - https://photos.prnasia.com/prnh/20190313/2400684-1 
Logo - https://photos.prnasia.com/prnh/20180904/2227130-1LOGO


SOURCE  OKEx

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