SAN FRANCISCO, June 15, 2023 (GLOBE NEWSWIRE) — OKX, the second largest crypto platform by trading volume and a leading Web3 technology company, has issued updates for the day of June 15, 2023.
OKX Wallet Announces Partnership with BendDAO for NFT Liquidity
OKX Wallet is proud to announce that it has partnered with BendDAO, a leading NFT lending protocol built on Ethereum with USD 160 million total value locked (TVL).
As part of the partnership, BendDAO has integrated OKX Wallet’s web extension on their website. In addition, users can access BendDAO’s on-chain NFT lending solution through OKX Wallet’s Discover platform, which is a gateway that brings together many popular DeFi projects, blockchain games, DEXs, NFTs and additional tools. To learn more about OKX Wallet’s Discover platform, click here.
This collaboration also gives users seamless access to the following features:
- Instant NFT backed loans
- Security Entries
- NFT advance payments
- Up to 40% of the minimum value of a listing before it is sold, plus the ability to buy listings with a minimum payment of 60%
This partnership between BendDAO and OKX Wallet is expected to give a boost to the NFT liquidity space, further promoting the growth of the Web3 ecosystem.
OKX Wallet partners with Petobots and Bitstar War to bring more GameFi projects to users
OKX Wallet is proud to announce that it has partnered with two GameFi projects: Petobots and Bitstar War. Both projects are now integrated with OKX Wallet, with more opportunities to come.
Petobots is an NFT-based game that allows players to build their own robots and compete against other players in a virtual arena. Bitstar War, on the other hand, is a GameFi project that allows players to collect and trade virtual spaceships in a futuristic universe. It claims to be the first interstellar-themed blockchain game inspired by Bitcoin mining.
This partnership announcement follows the recent addition of Bounce Finance – a decentralized platform for initial DEX offerings (IDOs) and auctions – to OKX Wallet’s Web3 learn-to-earn platform, Cryptopedia.
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OKX is a leading global technology company driving the future of Web3, offering a comprehensive suite of products to meet the needs of both beginners and experts, including OKX Wallet, NFT Marketplace and DEX.
OKX works with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign titled, The System Needs a Rewrite, which advocates a new paradigm led by Web3 self-managed technology to replace existing centralized systems.
To learn more about OKX, download our app or visit: okx.com
THIS NOTICE IS FOR INFORMATION PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX OR LEGAL ADVICE AND SHOULD NOT BE CONSIDERED AN OFFER TO BUY, SELL OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE A LOT, AND MAY EVEN BECOME WORTHLESS. OKX IS NOT REGULATED BY THE FCA, THERE IS NO PROTECTION AVAILABLE AS A FINANCIAL INTERMEDIARY SERVICE OR FINANCIAL SERVICES COMPENSATION SCHEME. YOU SHOULD CONSIDER WHETHER YOU UNDERSTAND HOW CRYPTO WORKS AND WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL SITUATION. THE VALUE OF YOUR DIGITAL ASSETS, INCLUDING STABLECOINS, MAY INCREASE OR DECREASE, AND PROFITS MAY BE SUBJECT TO CAPITAL GAIN TAX. PAST PERFORMANCE DOES NOT INDICATE FUTURE RESULTS. OKX IS NOT AFFILIATED WITH ANY PARTICULAR DEFI PROTOCOL, MAKES NO WARRANTIES, REPRESENTATIONS OR OBLIGATIONS AS TO ANY DEFI PROTOCOL OFFERING, AND IS NOT RESPONSIBLE OR LIABLE FOR ANY DIRECT OR INTERNAL USE OF YOUR PROTOCOLS. OKX WALLET IS AN AGGREGATOR; ALL ESTIMATED RETURN PRICES SHOWN ARE PROVIDED BY THE DEFI PROTOCOL AND ARE NOT GUARANTEED OR INDICATIVE OF FUTURE RETURNS. PLEASE DO YOUR OWN DUE DILIGENCE BEFORE INVESTING IN A DEFI PROTOCOL. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL WITH QUESTIONS REGARDING YOUR SPECIFIC CIRCUMSTANCES.