AltMarket has launched its cryptocurrency trading platform and announced the opening of the presale for the O.D.B. Coin, an officially-licensed cryptocurrency from the Estate of Ol’ Dirty Bastard of Wu-Tang Clan. The exchange and information about the presale are posted on the company’s site here.
The O.D.B. Coin is the first of many planned Initial Artist Offerings (IAOs) on the AltMarket platform. CEO of AltMarket Bryce Weiner described ODBCoin as “attributes like T-shirts, which makes it a commodity for exchange” in the eyes of US regulators.
The AltMarket exchange will allow users to buy and sell popular and highly-liquid cryptocurrencies including Bitcoin, Bitcoin Cash, Ethereum and TAO as well as engage in forex trading. Over time, AltMarket will consider additional cryptocurrencies and investment vehicles as the market demands and as regulation evolves.
“We’ve partnered with some of the most trusted names in the crypto and entertainment fields to provide consumers a safe platform to connect with cryptocurrencies as well as their favorite artists,” Bryce Weiner, CEO of AltMarket, said.