What Is OxBull (OXB)?

OxBull is the launchpad and startup incubator developed by a group of talented and avant-garde tech enthusiasts, and was launched in February 2021. OXB is the governance token of the OxBull infrastructure. At its core, OxBull isn’t simply a token, it is an entire ecosystem designed to provide hope and help for startups to secure credible funding to launch their campaigns in the most effective and streamlined manner possible.

The OxBull way is propelled by relentless execution, meticulous quality and credibility. These are some of the important factors that you can expect from this enthusiastic and futuristic platform. OxBull aims to become a cornerstone of blockchain evolution and the largest blockchain community to help thousands of startups achieve their goals and bring value to the world.

Who Are the Founders of OxBull.Tech?

Here is a list of developers and founders of the company:

OxUshi: A brilliant technology expert and enthusiast, OxUshi has an innate quality for business leadership and has more than 10 years of experience working in different segments of the tech industry. His experience includes managing billions of transactions per year and he has won multiple hackathons.

OxWagyu: An aspiring technology professional, OxWagyu is the proud developer of hundreds of applications across multiple tech sectors and companies and has a 4-year experience in the tech industry. Moreover, he has won several hackathons.

OxKusa: An expert developer, OxKusa has built several data integrations and APIs. With 6 years of backend development experience in tech sectors, OxKusa is also the winner of multiple hackathons.

OxAto: He is the rising star of OxBull.Tech and an incredible designer hailing from a prestigious design university with an exciting background in several startups and corporations. OxAto has built several illustrations for startups and is the man behind Space Cowboy.

What Makes OxBull Unique?

OxBull is a blockchain platform that is credited with having multiple use cases other than hodling to reap the advantages of pre-sale crypto. As a fast growing startup incubator, OxBull provides seamless solutions to kickstart startups with the necessary funding they need to support their project in the most streamlined ways possible. From there, OxBull connects credible and topnotch blockchain projects with multiple investors.

Apart from that, OxBull.Tech is a forward-thinking ecosystem that combines the properties of both blockchain and DeFi. Moreover, it also represents all the qualities of a deflationary token, which can be used for several monetary elements such as platform-specific transactions, buybacks and dividends.

In addition, what makes OxB unique is the fact that it can be used for multiple purposes – mainly as a reflect token, ecosystem token and governance token. For reflection, 2% of reflection fees are automatically distributed to all holders as yield. As an ecosystem token, only holders of OXB tokens can participate in initial dex offerings (IDOs). OXB is also a governance token, which means holders are able to shape the development of OxBull.

As of August 2021, OxBull has launched over 15 IDOs on their platform. Space Cowboy, which was launched alongside OXB in February, is updated to a play-to-earn game model with NFT characters. Other gaming IDOs on the platform, such as Altura and Cryptoblades, reached 78X and 77X their IDO prices to all time highs.

In May 2021, OxBull also announced an expansion of the launchpad into the Solana blockchain. Solana’s blockchain scalability and proof-of-history consensus aligns with OxBull’s long term vision and values of quality, credibility and relentless execution. The OXS token is OxBull’s native token on the Solana blockchain.

OxBull also secured notable partnerships in the blockchain space. By seeking quality partners and collaborating, this reflects their vision of being involved in the crypto space for the long run. These partners are investment funds, research and consultancy firms that bring valued expertise to the space. The partners include: Blocksync Ventures, Cryptobuddy, Oracles Investment Group, R8 Capital and X21 Digital.

Related Pages:

Learn about Solana in our Deep Dive, here.

How to participate in an IDO? Find out here.

Learn more about PancakeSwap.

Take a deep dive into smart contracts and DeFi space with CMC Alexandria.

Take a look at the CMC blog: product updates, partnerships, and announcements.

How Many OXB Coins Are There in Circulation?

As of August 2021, the current circulating supply for OXB tokens is over 7.5 million. The maximum total supply of OXB coins is capped at 10,000,000. The distribution of tokens is as follows: 2.5 million in presale; 0.5 million for marketing purposes; 0.5 million locked in ecosystem fund; 0.5 million locked for team token; 1.5 million as liquidity for PancakeSwap; 1.0 million liquidity for upcoming listing/to be burned; 2.0 million staking pool reward allocation; 1.5 million for future partnership.

How Is the OxBull Network Secured?

OxBull is secured by Binance Smart Chain (BSC) proof of stake consensus protocol. The Binance Smart Chain specifically deploys a proof of stake authority consensus mechanism that requires network validators to stake BNB. Therefore, if they propose a valid block, they receive an incentive in the form of transaction fees.

Where Can You Buy OxBull?

OxBull is listed on several crypto exchanges and unlike other digital currencies, you can’t buy it directly with fiat money. Currently, you can obtain OXB by buying BUSD or BNB through fiat-to-crypto exchanges like Binance, and transferring it to PancakeSwap and PancakeSwap (V2).

Cryptocurrency newbie? You can read more about how to enter the market and how to buy BTC, OXB or any other token? Check out the details here.