Blockchain
Huobi Prime’s 2nd Launch: 2 Billion NEW Sold
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In its second ever launch, Huobi Prime’s pioneering platform for emerging premium coins has again met with huge demand. 17,863 users bought 2 billion NEW, the native token of Project Newton, during today’s launch. The first two rounds of price limited trading sold out in a cumulative 6 seconds of active trading time on a first-come, first-served basis. In our special third round, all 16,130 users got at least some of the tokens they desired.
“We’re deeply honoured that so many users see the same value in Prime and coins like NEW as we do,” said Ross Zhang, Head of Marketing for Huobi Group. “We’re also really thrilled to see how many users were able to gain access to the NEW they desired in our special community round.”
In addition to the launch of NEW, today’s launch brought with it a number of key changes for Huobi Prime. Driven by frustrations some users felt during our inaugural launch of TOP due to overwhelming demand and limited supply, for example, Huobi reserved a full 50% of its supply of NEW tokens for the special community round. Custom-designed to spread a greater number of tokens across a greater number of users via adjusted system matching, the community round helped ensure that all qualified participants got at least some of the tokens they desired. In addition, this time around Huobi also put in place a requirement that users have an average daily holding of at least 500 Huobi Token (HT) for the 30 days leading up to NEW’s launch (though shorter amounts were possible if users held larger amounts of HT) and shortened each trading round to ten minutes each.
“We’ll be carefully evaluating the impact of the community round and our other changes over the coming days,” Zhang said. “We plan to make Huobi Prime a source of ongoing innovation and improvement and, as we’ve said throughout this process, our goal remains to make it the premier place to access premium coins for the broader crypto community.”
NEW has now been fully listed – and is freely tradable – on Huobi Global in the form of NEW/HT. NEW/BTC, NEW/USDT will be added soon.
Highlights Of NEW Launch:
- Total numbers of people who bought NEW: 17,863
- Percentage Price Increase For NEW (From First Round To 21:00 (GMT + 8): +500%
- Ceiling Price For NEW In Each Round:- First Round: 1 NEW= 0.000725 HT – Second Round: 1 NEW= 0.000870 HT – Third Round: 1 NEW= 0.001043 HT
- NEW Sold (Overall Total): all 2,000,000,000 NEW allocated for Prime trading (2.0 % of Total Token Supply)
- NEW Sold (By Round): 1st Round: 400,000,000 NEW 2nd Round: 600,000,000 NEW 3rd Round: 1,000,000,000 NEW
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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