OKX Exchange Announces New Project on Mining Platform: Boosting Bitcoin (BTC) Innovations

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(10:35 AM UTC)
2 min read

Contents

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  • OKX is set to launch a new mining project through its Jumpstart Mining platform.
  • ULTI (Ultiverse) tokens will be mined through this initiative.
  • The event will run from June 3, 2024, to June 6, 2024, and requires BTC and ETH staking.

Discover the latest developments in the crypto world with OKX’s new ULTI token mining event, offering exciting opportunities for BTC and ETH holders.

OKX to Launch ULTI (Ultiverse) Token Mining

The event will commence on June 3, 2024, at 09:00 AM and conclude on June 6, 2024, at 09:00 AM. Bitcoin (BTC) and Ethereum (ETH) holders will need to stake their BTC and ETH to mine ULTI tokens. There is no minimum staking amount required, but the maximum staking limit per person is set at 0.3 BTC and 3.5 ETH.

Staking Rewards and Participation

Participants who stake BTC will have access to a reward pool of 150,000,000 ULTI tokens, while those staking ETH will also compete for a reward pool of 150,000,000 ULTI tokens. The ULTI tokens earned will be distributed to participants on June 6, 2024, allowing them to start trading immediately. To join the OKX Jumpstart event, users must complete KYC verification.

About Ultiverse (ULTI)

Ultiverse is at the forefront of Web3 gaming, utilizing an AI-driven production and publishing platform that combines advanced artificial intelligence with blockchain technology. The project aims to revolutionize gaming experiences by providing an ecosystem and tools that enhance creation, participation, and technological integration across different blockchains.

Conclusion

OKX’s new ULTI token mining event presents a unique opportunity for BTC and ETH holders to participate in the growing Web3 gaming ecosystem. With no minimum staking requirements and substantial reward pools, this initiative is set to attract significant interest from the crypto community. As always, participants should conduct their own research and consider the risks involved in staking and mining activities.

MR

Michael Roberts

COINOTAG author

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