
Huobi will launch an improved initial exchange offer ( IEO ) platform called Prime Lite.
Get ready to get even more primed!
BIG NEWS! Huobi Global will launch a streamlined version of Huobi Prime soon. We call it Prime Lite! ThunderCore will be our first project.
Details here: https://t.co/25MR0GCJqh @ThunderProtocol– HuobiGlobal (@HuobiGlobal) 23 April 2019 p.
Representatives of the company note that Huobi Prime is a “niche project”. Listing requirements for this platform are the same as for the main IEO site. However, tokensale on the new platform will have several differences from Huobi Prime:
- accelerated listing process, as well as “flexible scheduling” when organizing IEO
- more flexible asset allocation process
- HT tokens used to participate in IEO will be burned.
The launch of the new platform is scheduled for May 9th. The first IEO on Prime Lite will be ThunderCore , which develops a blockchain with a bandwidth of more than 1,200 transactions per second. The project plans to raise about $ 500 thousand.
We will remind, earlier BlockchainJournal published a material in which the main features of primary exchange offers, a situation in the given market, and also the inherent defects tokensaley a new format are considered.
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