Project Safety Score: 76%
Updated 10 hours, 32 minutes agoHuobi, founded by Leon Li, launched the Huobi Token (HT) on January 22, 2018, to reward users with reduced trading fees. This initiative aimed to enhance value for its primarily Asian user base and followed similar loyalty token models introduced by other exchanges. The HT token has a total supply of 500 million, with 300 million tokens distributed during a 15-day period to users who purchased discounted service packages.
The token distribution began on January 24 and concluded on February 7, 2018, with rapid sales indicating high demand among users. Of the total supply, 60% is currently in circulation, while 20% is allocated for user rewards and platform operations, and another 20% is reserved for the team over a four-year vesting period. Huobi's strategy for the token launch was to recover user engagement following significant regulatory impacts on trading volumes in China.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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Contract Security
0xbaa0974354680b0e8…0x6f259637dcd74c767…On-Chain Facts
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