Author | Qin Xiaofeng

Editor | Lu Xiaoming

Produced | Odaily

(picture fromMedium）

according toHuobi official websiteAuthor | Qin Xiaofeng

Editor | Lu Xiaoming

Produced | Odaily

image description

(picture from

according to

Huobi official website

News, Huobi Global opened the first round of FastTrack voting for listing on June 13, Singapore time.

According to the rules, FastTrack votes on the 5 projects announced every week, and the one with the highest number of votes will be eligible to go online. All users who voted for the project of the week will get the token at a 50% discount in proportion, and the remaining HT will be returned; users who did not vote will be fully refunded for the voted HT, and all HT won by voting will be destroyed on the same day. The first phase of FastTrack will complete 4 rounds of voting, select 4 projects for listing, and destroy about 2 million USDT equivalent HT at the same time.

The five projects in the first round are: Atlas Protocol (ATP), FUSION (FSN), New Kind of Network (NKN), Origo Network (ORIGO) and Skrumble Network (SKM).

• Huobi FastTrack was formerly known as Prime Lite (Huobi Preferred Channel Extreme Edition), which was officially launched on May 9. On May 22, Huobi announced that it would change Prime Lite to FastTrack, and HT rose by 11% on that day. From May 22 to today, HT has still increased by 17%, and is currently reported at $3.12; BTC and ETH have both dropped slightly by 2% during the same period.

• In February 2018, Huobi launched a voting product based on HADAX (Huobi Independent Digital Asset Exchange). Through the voting page, users pay HT to vote for the project. After the end of each round of voting, the top-ranked projects will be traded on the HADAX platform.

• Regarding Huobi’s newly launched FastTrack, several industry insiders told Odaily that it has made great progress compared to Huobi’s previously launched HADAX; at the same time, the burning mechanism will further stimulate the price increase of HT.

• Shao Yuqi, COO of Token panda, believes that FastTrack is a new initiative of Huobi after it tasted the sweetness of voting in HADAX. "HADAX is only listed on the currency, and has not integrated the concept of IEO. Now it is definitely good for HT to convert the direct income into HT currency price."

• However, Shao Yuqi is not optimistic about the currency listing project. "For users who are snapping up '50% off', the 50% off air is still air. My personal suggestion is to play if you win, and run away if you earn."