Open Rights Foundation Unlocks 1.18 Million ORE Token Community Reward After its Successful IDO

SAN FRANCISCO–(BUSINESS WIRE)–The Open Rights Foundation, in partnership with AllianceBlock, today announced the initiation of a one-month liquidity mining campaign, with a total of 1,180,000 ORE ($ORE) Tokens to be distributed over 30 days.

The Open Rights Exchange (ORE) blockchain is built for decentralized identities, assets and rights. ORE works cross-chain with Ethereum, Algorand, EOS and more to connect Web 2.0 identities to Web 3.0 — allowing everyone, everywhere to easily use blockchain technology. ORE is a blockchain built for managing secure identities and digital assets across multiple blockchains, built and developed by the Open Rights Foundation, and designed to enable billions of people around the world to use blockchain applications for the first time without the significant hurdles currently associated with access to Web 3.0 infrastructure.

The allocation of ORE Tokens will come from the community incentives pool, as part of the Foundation’s mission to drive adoption of the ORE Blockchain. This program is managed on Ethereum by the recently-launched AllianceBlock Liquidity Mining as a Service (LMaaS) offering. The Open Rights Foundation launched the ORE token to multiple blockchains via initial Dex Offering on 12 Oct. 2021. The goal of the campaign is to continue aligning with the organization’s core values and continue prioritizing and giving back to the ORE community whose support has helped grow the Open Rights Exchange Network, since its inception in 2017 through to its recent public debut.

“Community involvement is essential to the long-term success of any successful technology, and we’re proud to be able to reward our community whose passionate support, and contributions propel us forward each day,” said ORE contributor and AIKON CEO, Marc Blinder. “Today’s liquidity mining campaign puts more ORE tokens in the hands of the public, and advances our goals of achieving a fully decentralized future,” Blinder said.

In addition to AllianceBlock, Open Rights Foundation has partnered with Algorand Foundation, Republic Crypto, RedFox Labs and other leading contributors to the blockchain ecosystem to develop and promote cross-chain decentralized finance (DeFi) products and services for mass adoption.

Follow Open Rights Exchange’s social media channels to stay up to date with the latest news:

• Telegram Official Community — t.me/orecommunity
• Telegram Announcements — t.me/orenetwokannouncements
• Website — ore.network/
• Blog — medium.com/@ORE_Network
• Twitter — @oreprotocol

About Open Rights Exchange

The Open Rights Exchange is built to be simple to use, and compatible with all chains. A single password — not a key — is provided as the entry to not just the Open Rights Exchange, but to all other chains including Ethereum, Algorand and EOS — with even more chains being added every quarter. Applications built on the Open Rights Exchange work across multiple blockchains and can easily connect to the off-chain world. Consumers manage all of their assets and rights under one account, instead of having pools of capital siloed on different blockchains and off-chain accounts. Learn more at https://ore.network/.

Contacts

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MTO Agency

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