Huobi Exchange To Launch First Project On Huobi Prime Platform
Huobi announced in an official message that the new platform for “selected” tokens will roll out on March 26. The exchange also shared the details of the project, which will be the first to hold its campaign on Huobi Prime.
Huobi has developed an innovative SMART-Chain 2.0 model for assessing tokens in order to select the best cryptocurrency projects that will later be listed on the exchange. It is noted that the new platform will apply strict standards, as the company intends to develop only premium cryptos. Also, it will not work with security tokens.
Huobi Prime will not charge listing fees but will set limits on the value of the assets. In such a way, the platform will offer to its users safe, risk-free investments at an affordable price.
Users can purchase assets from the platform for the internal cryptocurrency — the Huobi Token (HT). According to CoinMarketCap as of March 21, its price amounted to $2.6. Only customers from those jurisdictions, where digital currencies are not prohibited, will be allowed to participate in trading.
The first token sale on the premium platform will take place on March 26. The TOP Network project will offer its cryptocurrency. During the campaign, the startup is hoping to sell 1.5 billion TOP coins, which is 7.5% of the entire emission. The token sale will be held in three stages, and the price of the cryptocurrency will grow in each of them. The initial cost of one TOP coin in the first round will be $0.00177. However, one user can purchase tokens for an amount not exceeding $1000.
Previously, Huobi OTC started trading with XRP.