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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

LBank Exchange Will List Ekta (EKTA) on February 14, 2022

Bitcoinist
by Bitcoinist
Last Updated: February 11, 2022 11:12 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

INTERNET CITY, DUBAI, Feb. 9, 2022 – LBank Exchange, a global digital asset trading platform, will list Ekta (EKTA) on February 14, 2022. For all users of LBank Exchange, the EKTA/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on February 14, 2022.

Today’s centralized institutions and systems of governance are beleaguered and inefficient. Bridging blockchain with the physical world, Ekta (EKTA) is here to give everyone a chance to live a better life with an ecosystem where people from different backgrounds and socio-economic circumstances can participate freely, without the barriers and inefficiencies introduced by centralized governing bodies. Its native EKTA token will be listed on LBank Exchange at 20:00 (UTC+8) on February 14, 2022, to further expand its global reach and help it achieve its vision.

Introducing Ekta

With a vision of creating a better world using the power of blockchain, Ekta exists to bridge the digital blockchain world with the physical world, and create value in both. By developing economic policies that are rooted in empathy rather than greed, Ekta will build a society that is guided by humanity and altruism as its core principles. With a focus on sustainability, Ekta will drive the development of projects relating to blockchain, natural capital conservation, cleantech, wise tech, ocean startups, alternative medicines, permaculture and aquaponics.

To achieve its vision, Ekta is building the EktaVerse, which functions as a collection of platforms and services that bridge between the blockchain and the physical world, unlocking the value of real-world assets including public companies, natural capital, and real world assets like real estate properties through NFTs, fractional tokenization, and smart contracts.

With functions and features like Ekta’s Hybrid Exchange (Hybex), Bridge, NFT Marketplace, Blockchain Lottery, Mini Play to Earn Games, Ekta Fractional Real Estate, Decentralized Venture Capital, MetaTrees NFT based DeFi game and the coming Wallet, the Ekta Ecosystem provides projects and partners with all the necessary tools to build and succeed on Ekta’s blockchain mainnet.

As the Ekta community grows, Ekta’s digital currency EKTA will continue to stay relevant for token holders and traders, allowing community members to stake, save, lend, and borrow. For the real world, Ekta will provide a decentralized and equitable platform to access capital, education, and opportunity — the necessary ingredients for anyone to have a chance at a better life.

About EKTA Token

As Ekta’s native token, EKTA plays an important role in Ekta’s ecosystem. And with a periodic burning schedule, each project launched on EktaChain will burn EKTA tokens collected to reduce the supplies of EKTA according to their specific use cases and keep the token economics deflationary.

The max supply of EKTA is 420 million (i.e. 420,000,000), 13.5% of it is allocated to the team, 2.5% is allocated to advisors of Ekta, another 2.5% will be used for social benefit such as donations, 14.8% is provided for public sale, 8% is reserved for the cross-chain bridge use, 20% is reserved for the rewards of staking pools, 6% goes into liquidity pools, 2.5% is reserved for the centralized exchanges, 6% is provided for marketing, 9.6% is for partnerships, and the rest 14.6% will be used for the long-term development of the Ekta ecosystem.

The EKTA token will be listed on LBank Exchange at 20:00 (UTC+8) on February 14, 2022, investors who are interested in Ekta investment can easily buy and sell EKTA on LBank Exchange by then. The listing of EKTA on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about EKTA Token:

Official Website: https://www.ekta.io
Telegram: https://t.me/ekta_community
Twitter: https://twitter.com/ekta_io

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

Community & Social Media:

l   Telegram
l   Twitter
l   Facebook
l   Linkedin

Contact Details:

LBK Blockchain Co. Limited
LBank Exchange
media@lbank.info

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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