Blockchain
Fuse Announces the Launch of its Native Token on Tier 1 Exchange Huobi
Fuse is building business and consumer-friendly blockchain for mainstream adoption of payments with its’ business-ready infrastructure. Fuse’s user-friendly mobile wallet technology powers successful real-world implementations including local delivery project – Peepl, charity tech platform – Comunitaria, and sharing economy app – Flambu. Fuse also supports leading UBI (Universal Basic Income) project – GoodDollar, a top 4 dApp globally with over 40,000 daily active users according to DappRadar.
The blockchain’s native $FUSE token is set to list on leading cryptocurrency exchange, Huobi, on Monday 30th March at 18:00 (GMT+8).
The Huobi listing comes as Fuse Network approaches 50 million total transactions and 1 million wallets generated. According to Staking Rewards, 46% of circulating Fuse Token supply is currently locked in dPOS (delegated Proof of Stake) staking.
Commenting on the launch, Fuse Network CEO Mark Smargon said: “The Huobi listing represents an exciting opportunity for enthusiasts to get exposed to Fuse’s native token on a highly liquid platform that processes billions of dollars in daily volume. Our ecosystem has reached an inflection over the past 9 months with multiple top names like Sushi, Beefy Finance, Pocket Network, DIA Protocol, TofuNFT and many more integrating on Fuse.”
Backed by Leading Blockchain VCs.
The Fuse ecosystem is fortunate to be supported by major partners and investors including Blockchain Founders Fund, Spark Capital, TRGC, Collider Ventures and GBV Capital.
Aly Madhavji, Managing Partner at Blockchain Founders Fund, showed his support to Fuse Network by saying, “The team is on a mission to take decentralized payments and finance mainstream, and is executing every day. We’re glad to be a part of its growing ecosystem and community.”
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