AIKON’s Transparency & Trust Initiative for ORE Token Purchases

Updated: Oct 6th, 2023.

Blockchain has a usability issue – especially when it comes to account creation. Our mission is to “Make Decentralized Identity Easy for Everyone.” AIKON uses the ORE Network as a fundamental piece of our platform. 

AIKON’s flagship product, ORE ID, makes Decentralized Identity easy for end users to access blockchain applications without needing to understand the complexity of blockchain. ORE ID empowers developers to scale their blockchain companies faster with easy onboarding that anyone can use.

ORE ID stores user accounts on the ORE Blockchain without PII (personal identifiable information). The ORE Network requires ORE Tokens to store data on the chain (that applies to everyone using the ORE Network). When customers choose ORE ID as their Decentralized Identity solution, AIKON will buy tokens to operate our platform on the ORE Blockchain. As the ORE ID user base grows, we continually utilize more ORE Tokens.

For fairness to the community, all purchases will be made on exchanges for the same price as the public market. 

In April, we announced this transparency initiative and our plan to purchase 500,000 ORE tokens to operate our platform for the month of April.

Today, on October 6th, 2023, we are updating this post to confirm 500,000 ORE tokens were purchased in the month of September, 2023.

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