The Times Australia
News From Asia

.

OliveX Exchange announced the official launch of its governance token, OVE, for mining on July 16th

SINGAPORE - Media OutReach - 16 July 2023 - OliveX, the platform for exchange integration solutions, is pleased to announce the official launch of its governance token, OVE, for mining on July 16th at 3 PM Singapore time.

Users can participate in staking mining to earn rewards.

OliveX is a crypto platform that focuses on trading ecosystems. It addresses the dilemma faced by users when choosing between "CEX or DEX" for trading products by introducing the innovative "Fusion-Ex" trading model. This model combines the advantages of both centralized exchanges (CEX) and decentralized exchanges (DEX). Under this model, users can enjoy the user-friendly, fast, and efficient experience of CEX, as well as the transparency, security, and asset control offered by DEX.

This fusion approach balances the efficiency of centralization with the security of decentralization, providing users with the best trading experience without having to choose between CEX and DEX. OliveX caters to both novice users and professional investors by offering trading services that suit their needs.

In particular, this trading solution eliminates the natural barriers for Web2 users to enter the crypto world, allowing users to trade digital assets in a familiar way. This attracts a significant amount of traditional funds into the crypto market, greatly promoting the widespread adoption of cryptocurrencies.

OliveX also introduces AI technology to provide users with a new trading experience. Through its built-in AI trading suite, OliveX can customize an automated revenue model for users to enhance their trading profits. Additionally, OliveX's AI suite is compatible with DeFi Lego, allowing integration with various other on-chain applications to serve more users.

OVE serves as the central token for value circulation within the OliveX ecosystem and can be applied to various aspects of the OliveX ecosystem. OVE token holders enjoy rights such as proposing and voting on ecosystem changes, receiving profit dividends, airdrops, and priority whitelist access.

OVE initiated its IEO (Initial Exchange Offering) on July 6th, which consisted of five rounds, each of which ended in oversubscription. According to official data, the total funds raised by users in the five rounds exceeded $40 million, with oversubscription rates surpassing 3000%. The number of participating users also exceeded 20,000, demonstrating a high level of recognition and support from the market.

The OVE ecosystem, as well as the upcoming OVE Chain, is expanding into new areas and planning for the future. Stay tuned for more updates and exciting developments from OliveX!

Web: https://t.co/SyTjzOVOxS

Twitter: https://twitter.com/OliveX_Exchange

Telegram: https://t.co/nwq2Rix8Jy

Discord: https://discord.gg/24gYs9AZMm

Medium: https://medium.com/@hello.olivex

Docs: http://olivex.pro/static/OliveX_EN.pdf

Hashtag: #OliveX #OVE

The issuer is solely responsible for the content of this announcement.

Times Magazine

Building an AI-First Culture in Your Company

AI isn't just something to think about anymore - it's becoming part of how we live and work, whether we like it or not. At the office, it definitely helps us move faster. But here's the thing: just using tools like ChatGPT or plugging AI into your wo...

Data Management Isn't Just About Tech—Here’s Why It’s a Human Problem Too

Photo by Kevin Kuby Manuel O. Diaz Jr.We live in a world drowning in data. Every click, swipe, medical scan, and financial transaction generates information, so much that managing it all has become one of the biggest challenges of our digital age. Bu...

Headless CMS in Digital Twins and 3D Product Experiences

Image by freepik As the metaverse becomes more advanced and accessible, it's clear that multiple sectors will use digital twins and 3D product experiences to visualize, connect, and streamline efforts better. A digital twin is a virtual replica of ...

The Decline of Hyper-Casual: How Mid-Core Mobile Games Took Over in 2025

In recent years, the mobile gaming landscape has undergone a significant transformation, with mid-core mobile games emerging as the dominant force in app stores by 2025. This shift is underpinned by changing user habits and evolving monetization tr...

Understanding ITIL 4 and PRINCE2 Project Management Synergy

Key Highlights ITIL 4 focuses on IT service management, emphasising continual improvement and value creation through modern digital transformation approaches. PRINCE2 project management supports systematic planning and execution of projects wit...

What AI Adoption Means for the Future of Workplace Risk Management

Image by freepik As industrial operations become more complex and fast-paced, the risks faced by workers and employers alike continue to grow. Traditional safety models—reliant on manual oversight, reactive investigations, and standardised checklist...

The Times Features

Flipping vs. Holding: Which Investment Strategy Is Right for You?

Are you wondering whether flipping a property or holding onto it is the better investment strategy? The answer isn’t one-size-fits-all. Both strategies have distinct advantages a...

Why Everyone's Talking About Sea Moss - And Should You Try It Too?

Sea moss - a humble marine plant that’s been used for centuries - is making a major comeback in modern wellness circles. And it’s not just a trend. With growing interest from athle...

A Guide to Smarter Real Estate Accounting: What You Might Be Overlooking

Real estate accounting can be a complex terrain, even for experienced investors and property managers. From tracking rental income to managing property expenses, the financial in...

What Is the Dreamtime? Understanding Aboriginal Creation Stories Through Art

Aboriginal culture is built on the deep and important meaning of Dreamtime, which links beliefs and history with the elements that make life. It’s not just myths; the Dreamtime i...

How Short-Term Lenders Offer Long-Lasting Benefits in Australia

In the world of personal and business finance, short-term lenders are often viewed as temporary fixes—quick solutions for urgent cash needs. However, in Australia, short-term len...

Why School Breaks Are the Perfect Time to Build Real Game Skills

School holidays provide uninterrupted time to focus on individual skill development Players often return sharper and more confident after structured break-time training Holid...