Huobi Global Kicks Off Second Primelist Event, Facilitating Investors Access to New GameFi Project November 18, 2021 November 18, 2021 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsNovember 18, 2021 by Kelly Cromley

Huobi Global Kicks Off Second Primelist Event, Facilitating Investors Access to New GameFi Project

Huobi GroupHuobi Global, one of the world’s largest crypto currency exchanges, announced the beginning of its second Primelist event this week, providing investors with a simple and one-of-a-kind opportunity to access innovative blockchain ventures. Gold Fever (NGL) is the second Primelist initiative, combining fun and excitement with blockchain technology to reach an ideal mix of popular acceptance and economic usefulness.

“We are thrilled to see 67,000 people from 131 countries partake in our inaugural Primelist event, where they may buy fresh tokens at a discounted price. This is what we like seeing” said Ciara Sun, Huobi Group’s head of listing and blockchain investments.

Huobi Group is the world’s top blockchain and cryptocurrency framework provider, offering a financial product suite that includes the world’s biggest crypto currency exchange in terms of liquidity and real-time trading volume. The Huobi platform, which is valued by users in over 170 countries, is devoted to enhancing financial independence and egalitarian accessibility for all users.

Users will be able to acquire new GameFi assets on Huobi Primelist beginning at 10:00 (GMT) on Friday, November 19th by waiting for numbered tickets or holding Huobi Tokens. Users that register via any of the two channels will be placed in two different asset pools, each of which will account for 0.1 percent of the overall fresh token supply (1.7 million tokens).

“Comparable to the inaugural Primelist event, users may buy new assets immediately with USDT without having to stake a particular quantity of tokens ahead of time, and all HT holders partaking in the event will be able to purchase additional tokens,” Ms Sun continued.

The second Primelist event demonstrates Huobi’s attempts to meet the growing demand for GameFi initiatives among its users. Gold Fever (NGL), a tough free-to-play survival RPG hybrid that harnesses the power of the blockchain to establish a decentralized economy around its scarce resources and numerous NFT goods, will be the second token to be listed on Primelist.

“Many investors have learnt of Immutable X (IMX), our first Primelist product, whose price increased by 4818.75 percent in 10 minutes after it went online on the Huobi Global platform. As a consequence, they are looking forward to this new launch and anticipate another strong performance” Ms Sun said.

2nd Primelist Event Details
Method 1: On November 19th, users with a minimum of 50 USDT may acquire NGL tokens via queuing. There will be 2,465 fortunate individuals holding numbered tickets ranging from 1 to 2465 who will be able to get 50 USDT worth of NGL tokens.

Method 2: Users with a minimum average of 300 HT between 16:00 (GMT) on November 16th and 15:59:59 (GMT) on November 18th will be eligible to acquire new assets on November 19th. Based on equation below, the system will automatically fulfill the orders and allocate fresh assets to every participant:

*The quantity of new assets issued to each user = a participant’s order amount (USDT) / all participants’ order amounts (USDT)* The count of new assets supplied by the platform.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.