Bitcoin ‘Crypto’ Exchange Launches Obits Currency Offering Stake In Revenues

By November 19, 2015Bitcoin Business

Cryptocurrency exchange CCEDK has officially launched Obits, a new currency, that aims to reward holders with a share of its revenues from transactions, referrals plus income from new bourse initiatives. Whilst at the pre-sale stage until a full public launch next month, Obits can be bought with Bitcoin and fiat currencies like US dollars. Ronny Boesing, CEO and founder of Danish exchange CCEDK , announcing the launch of the new Obits token reveals that it will be used to reward holders with a “proportion of revenues from activity” on the exchange. Obits will be hosted on decentralized financial system OpenLedger , which is the de facto BitShares 2.0 platform. Dubbed a “revolutionary fintech platform”, OpenLedger aims to offer the advantages of decentralization and control over balances with the speed and capacity of regular centralized exchanges – claimed as having Nasdaq OMX-like throughput and execution speeds. Specifically, it is run and operated as a collaboration between CCEDK, blockchain experts Cryptonomex and the developers of the Graphene toolkit, upon which the platform is powered. Bitcoin Corp. signage displayed during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada, US. (Photographer: Patrick T. Fallon/Bloomberg). A Share In The Future Obits, which are being traded privately between now until public trading commences, will provide holders with rewards based on trading commissions, withdrawal fees and referrals on OpenLedger. Furthermore, over time new revenue streams are expected to be added as more elements are incorporated by the exchange. These include ‘fiat’ gateways, Ripple, PayPal and NanoCard integration. Continued from page 1 “Obits is based on the fees of an array of profit centers from within OpenLedger and its many opportunities made available with the BitShares 2.0 decentralized trading platform,” Boesing explains. He contends too: “It’s a token full of great stuff…only rising in value.” […]

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