The Huobi token (HT) had a market capitalization of over U$900 million worth around U$4.00 per coin on 1st June 2020. Compared with the U$1.50 launch price in February 2018, this is a big change.
Huobi token (HT) is an Ethereum based digital decentralized asset. Headquartered in Singapore by Huobi Pro, the company describes itself as a global exchange of digital assets with offices in six regions around the world, including Beijing, Singapore, Japan, the United States, Korea, and Dubai. Compared to the other digital assets exchanges currently available on the market, Huobi's exchange offers unique features such as price updates, charting, market depth data and individual cryptocurrencies profiles laid out within the interface of the trading platform. Initial coin offerings (ICO) and several other cryptocurrencies are also supported by the exchange.
Huobi believes that the eventual growth of the blockchain economy will lead to the creation of new types of digital assets and opportunities. As a result, the company’s emphasis is focused on raising awareness about blockchain through its various initiatives such as its research centre, a university, and a capital fund. Recently Huobi launched the Huobi chain, an open-source public blockchain designed to provide a global, blockchain-based, digital asset financial infrastructure. Consequently, Huobi Network also aims to allow businesses, financial institutions and exchanges to deploy their own blockchains, tokenized assets and decentralized financial (Defi) services. Through this, the company will be able to use the Huobi chain network to link its business partners and customers and thus create an open financial market.
Huobi continues to work with and collaborate with different entities as part of driving blockchain awareness and growing use for the Huobi token by enabling community users to use Huobi Token to make real-world transactions of various products. Many organizations also align with Huobi 's dream and strategy for raising awareness about blockchain. One such company is Primereum, a 100% crypto-based online marketplace. Primereum has chosen Huobi token as one of the few cryptocurrencies selected for use on its platform
Who Is Primereum?
Primereum is a decentralized ecosystem that offers a wide range of products, including payment systems, point-of-sale systems and an online marketplace. Primereum also uses blockchain technology, making it a strong competitor by providing gateways and innovative and alternative forms of payment as opposed to traditional financial systems. The Primereum ecosystem is also driven by the Primereum Fuel (PMF), its flagship and stable utility token anchored to 1 gram of gold.
How Can the Huobi token (HT) Community Benefit from Using Primereum?
Primereum is not the first eCommerce platform which accepts the Huobi token as a payment method. Other sites like FomoHunt were the first online merchants to accept the payment of Huobi tokens (HT). Using a peer-to-peer business model, Primereum will provide an open and shared economy and a free flow of value transfer by linking buyers, sellers, affiliates, bounty hunters, business owners, partners, advertisers, using cryptocurrencies. Over 30 or more cryptocurrencies such as Huobi token will be accepted on Primereum's online marketplace, in addition to its flagship token.
Any holder of Huobi tokens (HT) can be part of the Primereum community by becoming a merchant by selling goods within the Marketplace to other users. Huobi token customers can also use their coins to purchase the PMF tokens through the Fuel store, which can be used for all our platform services such as, the Marketplace, Wishlist And Remittance system. With the PMF tokens, customers can purchase products on the marketplace and exchange with other members. Additionally, the Wishlist system allows a customer to list a product they want to be purchased on their behalf, in exchange for the PMF token. When a product buyer chooses to purchase the item from the Wishlist, the balance of the PMF tokens offered by the customer interested in buying the product will be kept in the Escrow system. The marketplace will also include competitive affiliate and bounty programs that will provide attractive incentives for the engagement and promotion of the Primereum ecosystem.
PRIMEREUM is a simple and versatile way to use your Huobi tokens (HT) and to shop online. If you’re part of the Huobi token community, you don’t want to miss this chance.
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Cryptocurrency & Blockchain
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.