OKX Jumpstart lists Element.Black (ELT) token

Seychelles, Apr. 15, 2022: OKX, a world-leading cryptocurrency exchange and ecosystem, will list the Element.Black (ELT) token on the OKX Jumpstart program from 2:00 am UTC to 10:00 am UTC on Apr. 20, 2022.

Element.Black is the first NFT platform for creators to explore the world of Social-Fi for co-creation, collaboration and co-ownership of digital assets, such as pixel art and music. Element.Black’s Pixel-Infinity and Music-Infinity products allow users to co-create pixelated artworks and music together with their favorite celebrities and influencers.

A total of 40 million ELT tokens will go on sale via OKX Jumpstart. Users will need OKB, the native token of the OKX platform to participate in the Jumpstart sale that starts on April 20, 2022.

Jay Hao, CEO of OKX, said: “Music NFTs have the power to transform the global music industry by enabling a global audience on a single platform. It can significantly reduce the music distribution cost and increase the revenue for music creators. Since there are no middlemen in the NFT marketplace, maximum revenue goes to the creator.”

Mark Rau, CEO of Element.Black, said: “We are thrilled to find a like-minded partner in OKX. OKX and ELT have a common vision of making the NFTs a household name and to make the metaverse a converging point for the global arts industry.”

Element.Black has formed a broad network with social engagements from world-known celebrities & influencers. Partnering exclusively with Akon, Element.Black will soon drop a highly anticipated Akon Music NFT Collection through OKX. Collectors will have the unique opportunity to co-create music with music legend Akon.

For more information about OKX Jumpstart, visit the OKX website.

About OKX Jumpstart

OKX Jumpstart is a platform that helps new projects launch and grow their communities. Jumpstart users are able to participate in campaigns by staking their OKB and receiving tokens from new projects based on their staked amounts. Unlike buying tokens in offerings, getting them via Jumpstart is similar to liquidity mining because users get all their staked assets back after the campaign ends. Each project on OKX Jumpstart starts with its own rules and particulars, such as total tokens available, minimum and maximum stakes.

(This is a press release)