Zug, October 12, 2021 — Open Rights Exchange, a purpose-built blockchain optimized for managing secure identities and digital assets across multiple blockchains, has successfully sold out its $ORE token IDO through the OccamRazer decentralized launchpad, with 2.5 million tokens sold across all launchpads—and 1 million on OccamRazer alone.

The Open Rights Exchange (ORE), built and developed by the Open Rights (OR) Foundation, is 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. 

Users will be able to control their identity, assets and rights easily across various on-chain and off-chain applications—through a single blockchain agnostic and universal account.

Marc Blinder, CEO of Aikon and core contributor at Open Rights Exchange, says:

“We hosted a multi-platform IDO and we were delighted by the response and demand the Occam.fi community had for our tokens! Alongside the other launchpads we conducted our IDO on, we thank Occam.fi for their role in making the ORE token sale a resounding success.”

The $ORE token, now available for secondary market trading, is the native digital asset for the ORE Network, providing access to the ORE NFT Protocol and ORE ID Registry for cross-chain keys and referral features. 

Alongside access to the above services, $ORE also allows applications and developers to create accounts and assets on the Open Rights Exchange Blockchain. These accounts serve as a single sign-on identity for users to manage wallets on Ethereum, Algorand, EOS, and WAX today — with Cardano, Polygon, BSC, and the Bitcoin blockchains coming soon. 

Elliot Hill, head of communications at Occam.fi, says: 

“Open Rights Exchange is an ambitious and much-needed project, and it was a pleasure to work with the ORE team in the run-up to their IDO. As one of the most successful IDOs to launch on our platform to date, and one of the most sophisticated projects, we are pleased to say the ORE IDO was a huge success and we look forward to seeing what ORE accomplishes in the coming months.”

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/.

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About Occam.fi

The Occam.fi ecosystem is managed and maintained by the Occam Association, a Switzerland-based entity operating from the crypto-friendly Canton of Zug. When the Occam.fi ecosystem grows sufficiently, Occam.fi will be governed and steered by a carefully designed decentralized autonomous organization. Occam.fi is the first decentralized launchpad designed for the Cardano ecosystem, built with expertise and care from a veteran team of blockchain entrepreneurs and professionals. Learn more at www.occam.fi.

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