OKB February Report Analysis - Great potentials coming out of multi-dimensions empowerment

[NateWong0929]

On March X, the official OKB February Report, released by OKEx, systematically disclosed the process of OKB ecosystem in the following major areas, such as public chain construction, absolute deflation model improvement, internal and external application scenario development, transaction channel expansion, and community ecology.

From the report, we can tell that OKB has demonstrated the great potential of its future development under the empowerment of multiple dimensions.

As we all know, the release of the potential of the ecosystem is a long and lasting story, but its effect is undoubtedly stupendous, and the most direct manifestation is OKB’s rapid rise in market prices due to the community reaching stronger consensus.

Talking about the price increase of OKB, in the past February, the highest increase of OKB reached 237.42%, with an explosive two times growth, while in the past whole year, OKB has increased by more than 1,300%. It is obvious that through the long-term construction and improvement of the "OKB ecology", and with the community consensus reaching stronger, OKB has gradually shown its great development potential.

This article will analyze OKB February Report from five basic points.

First of all, OKB has completed an important leap to the public chain which will lay the core value for OKB. OKChain's testnet was launched on February 10th and it is planned to migrate OKB to OKChain when it launches mainnet. OKChain is unique and the most basic "infrastructure" in OKB's ecosystem.

Secondly, the construction of OKB's absolute deflation model has been finished by OKB Blockchain Foundation, and therefore OKB holders will see more utilities and potentials of OKB. In February, the price of OKB has had a spike and is also performing better than other mainstream tokens. The most direct reason is that OKB Blockchain Foundation took the lead in completing the construction of an absolute deflation model.

Thirdly, OKB offer users more rights by expanding internal and external application scenarios. From the perspective of OKB's scenario expansion, it has been divided into internal and external dimensions.

The fourth point is the international circulation of OKB, which brings the global communities consensus together. According to the monthly report, OKB has been listed on another five trading platforms, with a total of more than 50 platforms, covering 141 countries and regions worldwide.

Last but not least, active users has become a solid foundation for OKB's ecosystem. It can be said that the user base is an important force for OKB's ecosystem to become stronger in the future, and also the key to OKB's formation of competitive barriers.

Taken together, OKB has now formed a wider and multi-funtional ecosystem supported by multiple dimensions, and is constantly releasing its utility potentials. In the future, we can wait and see if OKB can stand out in the scorching and fierce crypto battlefield.