The virtual currency in OFO is GSE, which is a virtual token issued by GSELab. The user is aiming to combine blockchain technology and sharing economy. By riding to obtain GSE, the specific acquisition quantity depends on factors such as riding time and distance.
In response to this news, ofo’s official response stated that the activity was ofo’s cooperation with GSELab, currently only targeting the Singapore market, and the main purpose of the event is to encourage users to adopt this green and environmentally friendly way of travel more. Technical activities will surely strictly abide by the laws and regulations of the competent authorities. At present, ofo Xiao Huang has not prepared any ICO.
Actually, this is not the first time NGO has been involved in the blockchain project. In February of this year, Li Xiaoyin revealed that 'ofo is preparing for lCO'. At that time, OFO had denied it, but it indicated that new technologies including blockchain will continue. attention.