OK Jumpstart: Echoin (EC) Opened 3.5x of Listing Price and Pledgecamp (PLG), the 7th Token Sale Project Announced
Malta, 15 Aug 2019 - OKEx, a world-leading cryptocurrency exchange, is set to launch the 7th OK Jumpstart project of Pledgecamp (PLG) after the launched of the token sale of Echoin (EC) last week.
Echoin (EC) opened at 0.04 USDK last week, which is ~3.5x of the listing price on OK Jumpstart. EC/USDT spot trading pair is also available now.
Within only five months after its establishment, OK Jumpstart has already launched seven projects. With an aim of incubating high-quality blockchain projects, the platform cherrypicks projects with proven records based on its holistic evaluation with the COMPASS model. The model assesses the potential growth of each candidate project in seven major aspects: creativity, operational competence, marketing competence, progress, activeness of community, sustainability, as well as scalability, with 105 factors evaluated.
Pledgecamp is dubbed a crowdfunding 2.0 blockchain project. It is a next-generation crowdfunding platform that combines decentralized crowdfunding system with blockchain technology. The company launched the crowdfunding industry’s first smart contract escrow system, investors are protected during the crowdfunding process and are rewarded with PLG tokens. The system’s decentralized user governance mechanism and shared economic mechanism will enable an exponential growth of the user network and provide crowdfunding for aspiring entrepreneurs around the world.
"Pledgecamp is a great project in the way that it connects companies and communities, and shares with everyone in the world an opportunity to become an entrepreneur. Such aspiration deserves a good place in the market," said Andy Cheung, Head of Operations of OKEx. "The development of blockchain has been growing at a lightning speed. It is important that we explore different sectors of the whole industry and put our efforts in fostering every opportunity."