Huobi To Launch Own Token

New cryptocurrency will be called Huobi Token and be limited by 500M coins
23 January 2018   471

On January 23, Huobi Pro, the international division of the once popular Chinese exchange, will launch its own cryptocurrency.

The digital currency of the Singapore-based crypto-exchange will be called Huobi Token (HT). The coin issue will be strictly limited to 500 million ERC20 standard tokens. 300 million tokens (60% of the total number) will be distributed within 15 days within the framework of the special exchange loyalty system.

To obtain HT tokens, users will need to purchase the so-called Huobi Pro Exchange Point Package for USDT, BTC, BCH, ETH, LTC or ETC.

HT tokens can be used for various purposes. In particular, with their help, it is possible to reduce the amount of commissions by 50%. Huobi Tokens will also be available in trading pairs with Bitcoin, Ethereum and Tokenized US Dollar (USDT).

Each quarter, the Huobi Pro exchange will spend 20% of its profit on the buyback of HT tokens. The latter will be placed in the so-called "Huobi Investor Protection Fund".

Vietnam to host Blockchain Festival

Huobi.pro is organizing a Blockchain Festival session on May 24 - 25 to discuss the technology and its impact in the region
11 May 2018   110

Ho Chi Minh City will play host to Blockchain Festival on May 24 through May 25 at Gem Center. The event will feature the first release of Global Blockchain Industry Developments Report 1H 2018, keynotes by the prominent industry leaders (Ethereum, EOS, NEM, etc), insights on the investment decision making, USD100,000 worth airdrop to all participants, job fair at event's Exhibition hall.

The conference will have English-Vietnamese dual-screen presentations and an English-Vietnamese translator to mitigate the language barrier as much as possible. Some of the most notable speakers are as follows:

The topics of the keynote speeches include:

2018 Blockchain Startup Trends: The Role of Vietnam & Singapore in the Ecosystem;

Decentralized Exchanges: What to expect in 2018;
The 7 Major Challenges of Public Chains and their Solutions;
A digital asset layer protocol is the infrastructure of asset Internet and others.

To learn more about the conference including the complete agenda, the list of speakers and other details you can visit the official page here.