Glimpse of OKT's upside potential from the trend of ETH

Every great thing starts from a small state, but this will not affect its miracles in the following time.

Most ordinary people generally go through three stages of looking down on, not understanding, and failing to catch up with new things in their cognitive process. Just like Bitcoin, which roils the financial market today, since it was born on a server in Helsinki, Finland in January 2009, it has been a niche topic among technical geeks for a long time, and almost no one could have predicted this Newborns produce this much energy for the next ten years.

11 years later, also in January, OKT quietly came out.

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What is OKT?

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How can I get OKT?

At present, OKT is in the stage of creation and collection. As long as you hold OKB and transfer OKB to pledge through the OKEx Jumpstart page, you can receive the corresponding OKT according to the proportion of pledged OKB and the duration of the pledge. In addition, according to the official news, after the official launch of the OEC main network, you can also obtain block rewards and community governance rewards by becoming a public chain node and a candidate node. The election of OEC nodes is completely open and transparent. Anyone and any organization can apply to become a node of OEC, but I have a feeling that the election of nodes is extremely fierce at that time, so a certain strength is required to become a node of OEC.

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What is the value of OKT?

As we mentioned earlier, from a technical perspective, the nature of OKT and ETH is the same. So if we want to speculate on the value of OKT, we can first take a look at the trend of ETH price as a reference.

From the price trend of ETH above, we can see that in the history before 2018, the price of ETH can be divided into three stages. In the nearly three years after the birth of ETH, its price has been at a low level below 100 USD for a long time, which can be called a period of accumulation. From April to November 2017, due to the rapid rise of ICO, smart contracts based on Ethereum showed an explosive growth trend. The convenience and ease of use of Ethereum were widely recognized by the market, and the price of ETH also rose, reaching 400USD all the way. It is the development period. Since November 2017, ETH has completely detonated in a new round of bull market.

For OKT, due to the rapid development of the industry, the market has a very mature understanding and keen insight into the concept of public chain, especially the transaction public chain led by OEC, so the process of OKT value discovery will be greatly shortened.

In the current OKT genesis collection event, you can get OKT for free by staking OKB. This process is similar to the practice of giving away original shares of blue-chip stocks in the stock market, and will attract a large number of powerful and loyal seed users.

After the OEC mainnet is launched, it is foreseeable that a large number of development teams with both financial resources and technology will enter the election node and develop their own projects based on OEC.

In the information officially disclosed by OEC, OEC has complete decentralization, openness, extreme compatibility and technical characteristics of cross-chain gateway, and focuses on the concept of transaction chain, which will fully support decentralized mining, DEX and asset cross-chain Chain and other services, so whether it is in terms of design concept or application scenarios, it is fully ahead of the mainstream public chains in the market. Based on this, OKT has a solid foundation for development.

In addition, the okex exchange is an important organizer of the OEC community, and the great development of the exchange's performance will inevitably have a positive impact on the value trend of OKT. Although OKT and OKB belong to different economic models, they do support each other in the market. For example, OKT’s genesis blocks are all distributed to OKB holders by staking OKB for free, which is in fact an important benefit for OKB holders and helps to stimulate buying in the secondary market Growth, if you buy OKB now, you can not only use it to receive OKT, but also get the benefits of Happy Friday. On the other hand, the good development of OEC will not only drive up the price of OKT, but also bring considerable traffic and income to OKEX.

Judging from the vigorous trend of Bitcoin, a new round of bull market seems to have started, and the demand for transactions and decentralized transactions in the market is bound to show exponential growth. This is a once-in-a-lifetime opportunity for OEC. With the right time, place and people, the development potential of OKT will surely exceed our imagination.