Huobi to Release Cheap Smartphone

The main feature of the device, created together with Whole Network startup is build-in cryptocurrency wallet
04 September 2019   1431

Huobi Global Cryptocurrency Exchange in partnership with Whole Network startup introduced a blockchain smartphone with a built-in cryptocurrency wallet. A device called Acute Angle is already available to some users from China, but the actual release is scheduled for next week, according to the website of the exchange.

Acute Angle
Acute Angle

In addition to the built-in wallet, the Android smartphone is equipped with a push-notification function for trading transactions. In addition, a cold wallet plugin can be added to the device separately.

Acute Angle is much cheaper than other blockchain smartphones - its price is $ 515, while, for example, a Finney device from Sirin Labs costs about $ 1,000. Acute Angle can also be purchased for native tokens of the Huobi exchange.

“We think blockchain phones are a promising area for future blockchain industry development. As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.”

We think blockchain phones are a promising area for future blockchain industry development. As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.
 

Livio Weng 
CEO, Huobi Global

By the end of 2019, the smartphone should appear in the markets of Southeast Asia, and in the future the company plans to enter the US and EU markets.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1015

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.