Huobi will launch an improved initial exchange offer (IEO) platform called Prime Lite.
Representatives of the company note that Huobi Prime is a “niche project”. Listing requirements for this platform are the same as for the main IEO site. However, tokensale on the new platform will have several differences from Huobi Prime:
- Shorter listing cycle and more flexible listing schedule
- Trading allocations for users are more flexible
- To facilitate the development of HT (Huobi Token), all HT exchanged will be burnt
The launch of the new platform is scheduled for May 9th. The first IEO on Prime Lite will be ThunderCore, which develops a blockchain with a bandwidth of more than 1,200 transactions per second. The project plans to raise about $ 500 thousand.