Popular on TelAve
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement
- The ITeam Ranked on Channel Partners 2025 MSP 501—Tech Industry's Most Prestigious List of Managed Service Providers Worldwide
- Keepy Uppy™ by Ollyball Wins Prestigious 2025 Influencer Award from Clamour & The Toy Association; Announces Fall 2025 Launch at Target Stores
- Colorado Scenthound Locations Partner with Humane Colorado to Give Adopted Dogs a "Clean Start"
- TCAA Welcomes Adolfo Gomez Sanchez to Its Family of Talented Speakers
- databahn Launches GenAI Sales Intelligence Platform to Revolutionize Fortune 500 and Global 2000 Account Research
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Shop American Made Goods: New Online Marketplace My American Goods Curates the Best of U.S. Made
- Honoring Black History, Culture, and Community in Fall River
Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
TelAve News/10868818
Decentralised finance protocol aims to disrupt traditional leasing industry through innovative NFT-based rental marketplace
NEW YORK - TelAve -- Okh Finance, a pioneering decentralised finance (DeFi) platform, has announced the upcoming launch of its native Okh Finance(OKKH) token, designed to revolutionise the global asset leasing and rental marketplace through blockchain technology.
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on TelAve News
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
More on TelAve News
Token Distribution:
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
The platform introduces an innovative approach to asset sharing by tokenising lease agreements into Non-Fungible Tokens (L-NFTs), enabling asset owners to monetise underutilised resources whilst providing users with global access to equipment and goods without traditional ownership barriers.
Addressing Market Inefficiencies
The global equipment rental market, valued at over £500 billion annually, has long been hampered by fragmented systems, high intermediary costs, and limited transparency. Okh Finance's solution aims to address these challenges by creating a peer-to-peer marketplace that operates on the Arbitrum blockchain, offering reduced fees and enhanced security through smart contract automation.
More on TelAve News
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
"Traditional leasing markets are burdened by inefficiencies that our technology can solve," said Dr Ethan Stone, Chief Executive Officer of Okh Finance. "By tokenising lease agreements and eliminating intermediaries, we're creating a more accessible and transparent ecosystem for both asset owners and users."
Technical Innovation
The platform's core innovation lies in its Lease Agreement NFTs (L-NFTs), which digitally represent specific rental contracts with embedded terms including duration, pricing, and usage conditions. These tokens can be traded on the platform's marketplace and used as collateral in the integrated RentFi lending protocol.
The RentFi component allows asset owners to access immediate liquidity by collateralising their future rental income streams, creating what the company describes as a "new financial primitive" for the sharing economy.
Token Economics and Funding
The OKKH token serves multiple functions within the ecosystem, including:
- Transaction fees
- Governance rights
- Staking rewards
More on TelAve News
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- $14M Expansion Deal with Famed David Lloyd Highlights Rebrand of Sports, Entertainment and Gaming Innovation by AI Driven, Online Fan Engagement Co
- Heartfelt Dreams Foundation Launches Campaign to Build CHD Hospital
- Radarsign Tackles Intersection Safety with Launch of Grid-Free Solar LED Stop Sign
Token Distribution:
- 30% - Public sale allocation
- 25% - Ecosystem growth and community incentives
- Remaining 45% - Team, advisors, treasury reserves, and liquidity provision
Okh Finance has indicated it will implement appropriate compliance measures, including identity verification procedures and transaction monitoring, particularly for exchange listings on platforms with established Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks.
About Okh Finance
Founded by a team with experience at major technology and financial services companies, Okh Finance is developing what it describes as the first comprehensive decentralised ecosystem for asset leasing and rental finance. The platform aims to operate as a Decentralised Autonomous Organisation (DAO) with community governance over protocol development and treasury management.
Official Platform & Documentation
- Website: https://www.okhfinanceokkh.com/
- Technical Whitepaper (PDF): https://www.okhfinanceokkh.com/assets/file/okh-whitepaper.pdf
Source: Okh Finance
0 Comments
Latest on TelAve News
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025
- $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
- West Dentistry Welcomes New Oral Surgeon to Enhance Patient Care
- The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
- Raidium révolutionne le diagnostic de la Sclérose en Plaques en partenariat avec l'Hôpital Fondation Adolphe de Rothschild
- New Podcast "Spreading the Good BUZZ" Hosted by Josh and Heidi Case Launches July 7th with Explosive Global Reach and a Mission to Transform Lives
- The Herbal Care, Led by Markel Bababekov, Becomes a Top Dispensary in NYC's Upper East Side
- Digital Watchdog Launches New myDW Cloud Services
- Stan Fitzgerald Appointed Acting Press Secretary for Veterans for America First VFAF Georgia State Chapter
- Drone Light Shows Emerge as the New Standard in Live Event Entertainment