IEO Echoin will be held on OK Jumpstart platform on August 8

This Thursday, OKEx announced the details of the next initial public offering (IEO) on its OK Jumpstart platform.

The IEO Echoin will start on August 8 at 07:00 a.m. on the MSC. The project intends to implement EC tokens and attract up to $2 million.

As well as earlier IEO on OK Jumpstart platform, the campaign will be held in two rounds. In the course of the first round of the campaign the subscriptions limit will be set, and the maximum amount of allocation for one user will be $1 000. During the second round of the subscription limit will not be set, so that all participants will be able to get tokens in a limited amount.

Also, on August 8th the EC will be listed with USDK, and on August 9th - with USDT.

According to the description on the OKEx website, Echoin is creating a blockchain for the energy sector and provides practical solutions to participating companies, developers of decentralized applications, individual consumers and financial institutions.