Huobi Global, a popular cryptocurrency exchange based in Singapore, officially started issuing the Huobi Token (HT) starting from on January 23, 2018. To begin with, only 500 tokens will be offered by the company.
The press release indicates that 300 million tokens will be sold to investors over the 15 day period starting 23 January, while the rest of the 200 million tokens will be reserved as user incentives or team rewards.
Furthermore, Huobi is stressing on the fact that its token is not being offered as an Initial Coin Offering.
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