March 3, 2017 — (Pandrup, Denmark) — OBITS began its entry into the major exchanges today with its debut on Livecoin, one of the best-known altcoin exchanges.
OBITS are the official digital token of the OpenLedger Decentralized Conglomerate (DC), allowing multiple organizations to join forces and directly invest in each other’s successes, reaping the benefits of cross-promotion throughout the entire network.
The OpenLedger DC is the world’s first blockchain powered conglomerate, and since its launch in 2015, has growth from strength to strength. OpenLedger initiate a buyback of OBITS and burning, thus reducing the overall supply, allowing a natural growth in the value of remaining funds over time.
In addition, OBITS.WARRANTS gives investors the right during 2017 to purchase OBITS tokens at a fixed price. From January 1,2018, these OBITS warrants will then be invalid.
The following currency pairs are listed on Livecoin: OBITS/BTC, OBITS/BTS, OBITS/ETH, OBITS/USD, and OBITS/EUR.
Ronny Boesing, CEO of OpenLedger, stated, “These are exciting times for the OpenLedger DC and OBITS, and with blockchain technology set to boom worldwide, it is great pleasure to partner with the Livecoin exchange and list the official currency of the OpenLedger DC. The digital reward based token called OBITS is a token representing the future ways of generating value through digitalized leadership and people driven activities.”
“OBITS are powered by people worldwide, including bloggers, entrepreneurs, media, traders, investors, and app developers. They are all enjoying the opportunity to hold a decentralized asset carrying unlimited potential,taking place on the blockchain. Using the MIT Tech Graphene toolkit, it is this technology which is empowering the fintech trading platform OpenLedger, which is built on top of BitShares blockchain.”
Livecoin, which is registered in London, launched in April 2015, and since then has steadily grown to become one of the best-known altcoin exchanges. Livecoin offers a range of features suitable for beginners up to more experienced traders, allowing for both crypto and fiat trading.
Boesing continued, “The Livecoin exchange is the first of an expected 5–7 exchanges to add OBITS within next 4 months, and it is all part of our plan to make 2017 an exciting year for OpenLedger. We are expecting to present breaking news almost every week, with our next big release to be what we are calling ‘Crowdfunding 3.0 on the Blockchain.’ “
“Only three days ago we announced the Initial Token Offering (ITO) of OpenLedger’s Apptrade (www.apptrade.io), the platform which is being called “Kickstarter for Apps on the Blockchain”. Apptrade creates portfolios, or groups, of apps, where if one of those apps becomes the next Instagram or Angry Birds, then the value of the portfolio rises. This innovation contributes to the value of OBITS, and investors are responding well. With this said, we look forward to watching our performance on Livecoin.”