Huobi Launches Ecological Zone with Two New Coins

Huobi Launches Ecological Zone with Two New Coins

Exchange News
July 14, 2018 by Henrik Bliss
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  HADAX, a decentralized exchange managed by Huobi, has officially launched its ecological zone with the addition of two new coins. The Huobi Global Ecosystem Fund which launched in March 2018, focuses on industry-specific deployment worldwide. The ecosystem will be focusing on trading platforms, information platforms, wallets, mining pools, incubators, asset management institutions and other
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HADAX, a decentralized exchange managed by Huobi, has officially launched its ecological zone with the addition of two new coins.

The Huobi Global Ecosystem Fund which launched in March 2018, focuses on industry-specific deployment worldwide. The ecosystem will be focusing on trading platforms, information platforms, wallets, mining pools, incubators, asset management institutions and other different forms of business. With its native token (HT) as the driver, the Huobi ecosystem fund has invested in more than 20 well-performing blockchain enterprises.

The Huobi global ecosystem zone will allow exchange between Huobi Token and ecosystem sub-tokens with the goal of creating a stronger synergy between Huobi and its eco partners. This will allow for the better overall development of the Huobi ecosystem.

The announcement also includes the addition of Mytoken (MT) and KCASH which will begin trading on HADAX on 13 July 16:00 GMT+8.

To celebrate the launching of Huobi Ecological Zone, trading fees will be exempted in this zone from 16:00 on July 16 to 16:00 on July 23 (GMT+8). HUOBI further announced the airdrop system for the new tokens. HADAX will take a snapshot of the HT amount and HT’s share in HB10 in the user’s account at 16:00 on July 16 (GMT+8), and Huobi Eco will distribute the tokens of its eco partners held by Huobi Eco among all HT holders on Huobi platforms for free.

A total of 47.381 million MT and 1 million KCASH will be distributed among all HT holders within a week of the snapshot.

 


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