Huobi Global Launches $ 100,000 Prophet Campaign Amid NFT Boom Strengthening Global Market
LONDON, June 25, 2021 / PRNewswire / – NFTs, or non-fungible tokens, have exploded in popularity this year, alongside an increase in the value of Bitcoin and Ethereum. Aiming to increase the liquidity of its NFT market, Huobi Global, one of the world’s leading exchanges of digital assets, today announced the launch of its NFT Prophet campaign.
“We have continued to prepare our way to become the world’s leading exchange since the first half of 2021. The result is excellent and we have seen rapid growth in our international market. At present, 13 tokens are listed in our market. of NFT, and among which MATIC achieved the best performance with its 24-hour trading volume reaching 44.61 million US dollars at June 25, according to real-time data from CoinGecko, “said Ciara Sun, vice president of Huobi Global Markets.
Polygon (MATIC) is an Ethereum token that powers the Polygon network with the goal of providing faster and cheaper transactions on Ethereum using Layer 2 side chains. Huobi Global announced this week that it supports Polygon Network for ten assets, including ETH, USDC, DAI, USDT, MATIC, AAVE, SUSHI, CRV, DOGE and SHIBA. With the addition of Polygon Network, Huobi Global’s commercial system will be able to support a total of 5 protocols, the other four being ERC 20, TRC 20, HECO and OMNI.
According to data released by Token Insight’s First Quarter 2021 Spot Market Research Report, Huobi Global ranked first among all exchanges in the world with spot trading volume reaching $ 100 billion during the period. His last monthly HT operating report also indicated that he had burned a total of 5.826 million HT, estimated at around $ 138.579 million in May.
Despite having achieved extraordinary performance in its global markets, Huobi Global continues to lead the NFT path and has launched an NFT Prophet campaign with a prize pool of 100,000 USDT. As the name suggests, to participate in the campaign, users will need to choose a token to trade with a minimum amount of 50 USDT per day during the activity period and whether the token a user has chosen to trade is the one with the highest positive price change. percentage (among the tokens listed in our event), he / she will be rewarded that day. In total, there will be seven sets of activities, and participants whose tokens predict second place on the list will be able to share a total of 49,000 USDT. However, to make this campaign more engaging, all users who participated in the campaign would be eligible to share a 15,000 USDT prize pool equally.
Along with the Prophet’s campaign, Huobi Global will also roll out the “Invite Friends” program on the same day. Users who have invited friends to successfully register an account with Huobi Global and complete their identity verification will be able to earn 200,000 NFT. Another 2,000,000 NFT could be earned by both existing users and their guest friends if certain tasks are performed by the guests before June 30th.