Huobi Primelist Concludes 7 Consecutive Days of Token Listings
Just ahead of the start of the Lunar New Year, Huobi listed seven new tokens on the platform as part of its Daily primelist campaign, providing users with special opportunities to purchase emerging projects from January 24-30.
Huobi Primelist provides a unique way to access new metaverse projects. Users who want an allocation of new listings can earn an opportunity to purchase them at their registration priceare by simply queuing for numbered tickets or by holding Huobi (HT) tokens.
Among the tokens listed were Lootex (LOOT), the player-centric cross-chain NFT trading platform; Atlas DEX (ATS), a decentralized cross-chain liquidity aggregator; Bit.Store (STORE), a SocialFi investment platform; Spellfire (SPELLFIRE), a collectible card game; Trace Network Labs (TRACE), a decentralized protocol that uses the power of Web 3.0 technologies to deliver metaverse related experiences; Synesis One (SNS), a DAO that provides a game system for winning games to incentivize users; and Ambire Wallet (WALLET), a next-generation comprehensive cryptocurrency wallet.
The respective prices of each of the aforementioned tokens surged on their first day of listing, with prices reaching 1600%. Additionally, tokens such as ATS, STORE, and WALLET continued to maintain momentum in the following days. Hundreds of thousands of Huobi users in over 140 countries entered for a chance to win a high annualized percentage return (APY) for holding HT. Take WALLET as an example, users who hold 1000 HT were able to purchase 3333 WALLET at a price of 0.03 USDT, which was valued at 640 USDT based on the highest price (0.19 USDT) on a trading day. Therefore, users who purchased the WALLET tokens can earn 540 USDT with only 100 USDT as transaction cost.
“Our Primelist events have been incredibly popular with the community, so we wanted to build on our momentum with a full week of token listings ahead of Lunar New Year,” said Jeff Mei, Director of Global Strategy at Huobi. “It’s an exciting holiday, and we wanted to give our users the ability to access a variety of newly listed tokens at a low cost.”
The seven-day token listing campaign was part of Huobi’s Lunar New Year campaign, Prime Fest: Year of the Tiger. By February 14, users are invited to explore the possibilities of the metaverse through a variety of events, including access to new metaverse token listings under Primelist, high-end asset management products yield under PrimeEarnand special blind box prints under PrimeBox. To further encourage user participation, Huobi distributes $100 million prizes and rewards.
Huobi has invested in Metaverse, NFT and GameFi over the past year. In September last year, Huobi Ventures, the global investment arm of Huobi Group, launched a $10 million fund to invest in emerging GameFi projects around the world.
“We see the value in providing fun, unique, and immersive experiences for our users, and we believe the future of those experiences lies in the metaverse,” Jeff added.
To participate in the Huobi Prime Fest: Tiger Year event, please visit event page.
Disclaimer: This is a paid publication and should not be considered news or advice.