Huobi Prime to Update IEO Rules

Team believes that new rules will increase the number of successful transactions in the rush that accompanied the tokensale
03 April 2019   324

The Huobi Cryptocurrency Exchange, based on user feedback, changed the rules for conducting initial exchange offerings (IEO) Prime platform.

Now users who have had a minimum of 500 HT within the previous 30 days, or a larger amount of funds during a shorter period, can take part in the campaign.

There will be a personal cap on every participant, and the cap is proportional to average daily HT holdings over 30 days period before launch date, please see the following reference table for more info. (Actual cap in HT will be announced on the launch date)
 

Huobi Team

Huobi Token Daily Holding to USDT Personal Cap Rate
Huobi Token Daily Holding to USDT Personal Cap Rate

They believe that new rules for Huobi Prime will increase the number of successful transactions in the rush that accompanied the tokensale.

The next IEO is scheduled for April 16th.

The first IEO at the Huobi Prime site from the TOR Network project took place on March 26. All three rounds were completed in a few seconds, which caused widespread dissatisfaction among users who failed to take part in the campaign. 

Bibox Exchange to Conduct 4 IEO Simultaneously

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens and the IEO to be perfomed at Bibox's Orbit platform
19 April 2019   99

Bibox cryptocurrency exchange presented four projects that will conduct the initial exchange offering of their tokens as part of the first wave of IEO on April 22 on the Bibox Orbit platform.

  1. The Force Protocol (FOR) is a distributed protocol of crypto-financial services based on a public blockchain system, providing opportunities for cross-platform asset transaction and communication, use of crypto assets from several blockchains to provide steybcocoins, issue tokenized bonds, etc.
  2. Ludos (LUD) is a solution for a distributed gaming ecosystem designed to bring large-scale blockchain games and economic incentives to life.
  3. Staking (SKR) is a decentralized asset management platform that allows investors to safely stack tokens.
  4. X-Block (IX) is a computing system based on the blockchain architecture.

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens. Potential investors will be able to declare how many tokens of a project they want to purchase based on their BIX, after which a separate rally will be held for each of the projects.