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ANNOUNCEMENT: OPV SWITCH TO MBC

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15 Mar 2024 | min read
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📣 ANNOUNCEMENT: OPV SWITCH TO MBC

Dear Valued Community Members,

We are thrilled to announce a significant development in the #OMarket ecosystem: OPV – the OMarket governance token – will officially be switched to MBC, paving the way for new opportunities and remarkable advancements.

📌#MBC is equipped with advanced technology compared to OPV to:

🔹Enhance Security: The MBC smart contract has been upgraded with superior technological features to provide the highest level of security for digital assets compared to OPV.

🔹Meet our goal: MBC (MonbaseCoin) will be integrated with OMarket’s core product, the Monbase Cryptocurrency Exchange, which will launch in late March 2024.

🔹Ensure Compatibility: MBC is fully equipped with utilities to function as a native token on Monbase.

🔹Expand Functionality: Unlike OPV, which only applies to the NFT Marketplace, MBC can be utilized on the OMarket NFT Marketplace and the Monbase Cryptocurrency Exchange.

📌 Information about MBC Token:

Name: MonbaseCoin

Symbol: MBC

Network: BNB Smart Chain

Token Standard: BEP 20

Smart Contract: 0x551FAAB1027Cc50eFAeA5BED092E330475C3Cd99

📌 Detailed information about the switching:

✅ MBC tokens retain the exact specifications as OPV tokens.

✅ Switching Ratio: 1 OPV will be converted to 1 MBC.

✅ All OMarket Dapps will be automatically converted to MBC. The exact timeframe will be announced within the next seven days. Affected Dapps include:

  • Dapp Vesting: http://omarket.live/vesting
  • Dapp http://Ebcc.openlivegroup.com
  • Dapp http://bccxfi.com
  • Dapp Staking: http://dapp.omarket.live
  • Dapp BCC Monbase: http://bcc.monbase.com

The OPV to MBC switching portal will officially open at 21:00, 15/03/2024 (GMT +7). We encourage all community members holding OPV in their wallets to participate in the switching to acquire MBC tokens promptly!

Please be advised that the transition to MBC will not impact OMarket or Monbase’s ongoing activities or operations.

🤝 We extend our sincere gratitude to the community for their unwavering trust and support as we embark on this transformative journey.

Sincerely,

The OMarket Team

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