Binance Launchpad was a total success, and since then, the token sale platform has been hosting various initial exchange offerings for blockchain startups. These include Fetch.AI, BitTorrent and Celer Network.
Huobi develops a new project, Huobi Prime
Now, it seems that the Huobi crypto exchange is also developing a similar project which is called Huobi Prime.
This will reportedly be an even better way of investing in crypto projects, and it’s set to launch on March 26th.
In a similar manner to Binance Launchpad which used the BNB Coin to power sales for new blockchain projects,
The Daily Hodl reports that Huobi’s coin launch initiative will serve as a token sale platform for blockchain projects and it will use the native crypto Huobi Token.
It’s also worth noting that Huobi Token has surged by 132% in 2019.