Huobi PrimeVote Phase II Project Recruitment Campaign Launched, HT Holders Can Participate in Voting

News Direct

Dec 13, 2022

–News Direct–

On December 13, Huobi released an official announcement that the second phase of the Huobi PrimeVote project recruitment campaign is officially launched. Projects which are of high quality will be selected to participate in the PrimeVote campaign. This is the second project recruitment campaign conducted by Huobi PrimeVote since the completion of the brand upgrade, and the finalist projects will be released through the official announcement.

The announcement shows that the Huobi PrimeVote recruitment campaign will be held from December 13-30, 2022, and project parties can register through the official channel. After registration, Huobi will complete the project evaluation and review before January 3 and select several projects to participate in this campaign. Users can participate in the voting with the Huobi platform token HT in their locked positions.

For this project recruitment campaign, Huobi also listed six project review criteria in terms of project qualification and policy risk, business model and market scale, token ecological construction and distribution, core team and investment institutions, community operation, project progress, etc., to focus on quality projects and provide help for the majority of users to participate in the early stage of the project.

It is understood that the first phase of the Huobi PrimeVote campaign was launched on November 10th of this year, which gained a lot of attention from the market since it was started. The $POR (Portugal National Team Fan Token) and $ARG (Argentine Football Association Fan Token) participated in the election as candidates for voting. More than 10,000 people voted during the five-day campaign. In the end, $ARG won and was given priority to list, and $POR listed on Huobi the following day, with both tokens up over 50% from the opening to the peak.

The PrimeVote campaign uses locked HT as the basis for voting, which is also one of Huobi's initiatives to focus on platform tokens. Previously, Huobi had announced that HT would become the only pass-through token within the Huobi ecology. At the brand upgrade conference on November 22, Huobi said it would continue to empower platform tokens as an important way to build a global operation strategy and ecosystem deeply, build more application scenarios, and grant users more rights and interests in the future.

As Huobi's global advisory board member, His Excellency Justin Sun also emphasized the important role of HT in the Huobi ecosystem. He not only proposed three major strategies for the future development of Huobi: global development, technology-driven development, and technology for good, but also said, “We know that the key to revitalizing Huobi is to empower HT, and only when HT thrives will Huobi thrive. There will be many big actions around HT in the future, including brand upgrades, significant empowerment, and business cooperation, and we will unite all the forces that can be united to make Huobi greater together!”

As one of the initiatives to empower HT, Huobi PrimeVote insists on the concept of “returning project construction to the community and giving the listing token right to HT holders,” focusing on high-quality assets, supporting projects with strong market potential, and providing support to the project community. Thus, the crypto industry will be pushed to recover as soon as possible in the cold winter and restore people's confidence in the crypto industry.

About Huobi Group

As a world-leading company in the blockchain industry, Huobi Group was founded in 2013 with a mission to make breakthroughs in core blockchain technology and integration blockchain technology with other industries. Huobi Group has expanded into public blockchains, digital assets trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and more. Huobi Group has established a global digital economy industry ecosystem by investing in over 60 upstream and downstream companies in the blockchain industry.

Contact Details

Huobi PR team

+86 139 2280 3249

intlpr@huobi.com

Company Website

https://www.huobi.com/

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