Huobi Japan Enabled Voting for Additional 6 New Tokens to Its Platform

By Chris Torres | July 20, 2020
Huobi Japan Enabled Voting for Additional 6 New Tokens to Its Platform

Crypto exchange platform Huobi has reportedly made the July voting for which 6 new tokens to be facilitated across the platform available to its account holders. 

Specifically, as can be inferred from Huobi’s announcement on its web page on July 16th, the Japanese exchange platform has plans to roll out facilitating support for Enjin (ENJ), IOS Token (IOST), Neo (NEO), Ontology (ONT), Qtum (QTUM), and Tezos (XTZ). 

Huobi account holders will reportedly begin their voting process for the tokens they wish to have available across its platform. Each account will be eligible for one vote Friday weekly, with 5 votes to be the maximum number. Voting will be concluded at midnight of August 16th. 

Huobi reported disclosed that the token which received the highest number of votes will be considered by the exchange to be listed, but with no specific promise. 

Three of the tokens have the potential for listing on Huobi are reportedly China-based. The IOST platform reportedly is a worthy opponent of the Ethereum blockchain, while its token is associated with the Internet of Services (IoS). The coins can be used for payments on the IOST platform and fees for smart contracts.

NEO is reportedly a public blockchain project that has the ability for incorporating digital IDs and smart contracts, while ONT reportedly offers blockchain solutions for businesses.

Other coins reportedly have a more foreign origin. Tezos is a Proof-of-Stake (PoS)-based blockchain, jointly worked on by the US and  Switzerland. ENJ is the operating force for blockchain gaming platform Enjin, enabling developers to design crypto assets supported by the token which are available to users as in-game items.

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