Fire will vote to transfer listing power to the community, a wealth-creating HT game poised for a bull market rebound
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Fire will vote to transfer listing power to the community, a wealth-creating HT game poised for a bull market rebound
and similar comments spread widely throughout the crypto community, significantly boosting investor confidence.
Navigating Web3 tides with focused insightsOn January 16, Bitcoin's price briefly broke through the $21,000 mark, with its market capitalization surpassing $400 billion. This unexpected surge instantly reignited the long-dormant crypto community, sparking widespread discussions such as "Bitcoin overcoming fear," "The bull is back," and "Regretting not buying the dip." Investor confidence in the cryptocurrency market surged dramatically.
On the same day, amidst the noise of this bullish recovery, the established exchange Huobi quietly announced the launch of its third PrimeVote listing campaign, calling for high-quality projects globally. This move inevitably sparked speculation about Huobi’s continuous announcements regarding “empowering HT” coinciding with the rising market—suggesting a strategic push to strengthen HT by leveraging community power, echoing the IEO model from 2019, launching a new wealth-creation cycle, and re-entering the public spotlight.
Strategic Moves Made Early: Huobi’s Community-Driven Voting Listing Proves Effective
Huobi has always been focused on quality projects. During the 2019 IEO boom, the first Huobi Prime launch attracted nearly 130,000 participants rushing to purchase tokens, with project tokens surging up to 27 times in value. However, despite the massive profit potential, Huobi did not lose sight of its original mission and discontinued the program after completing just six rounds of Huobi Prime.
It wasn't until the second half of 2021, amid the popularity of meme coins like SHIB and Dogecoin, that Huobi revived Huobi Prime with APENFT (NFT). Distinguished by anchoring to real-world assets, its governance token NFT skyrocketed to $0.00000522 within about 25 minutes of listing, achieving a peak gain of 4,000%. This focus on high-potential projects enabled Huobi to stand out during market hype cycles and delivered tangible wealth gains to HT holders.
Continuing this philosophy, Huobi wanted HT holders to do more than passively receive quality projects—they should also have voting rights to participate in deciding which projects get listed. As Justin Sun, member of Huobi Global Advisory Board, emphasized: "Open HT voting for listings—return the power of listing on Huobi to the community!" The introduction of Huobi’s PrimeVote made HT holders’ influence real, clarifying Huobi’s strategy of decentralizing listing authority and empowering HT through community engagement.
On November 10, 2022, the first Huobi PrimeVote campaign officially launched, immediately drawing significant market attention. At a time when the crypto market was deep in bear territory and the aftermath of the FTX collapse still lingered, Huobi leveraged the World Cup momentum and fan culture to rapidly expand beyond traditional crypto circles. Fan tokens $POR (Portugal National Team Fan Token) and $ARG (Argentine Football Association Fan Token) quickly gained over ten thousand HT votes. After listing on Huobi, both ARG and POR surged more than 50% from opening to peak—an exceptional performance in the current market climate. Thus began Huobi’s new wealth-generation game driven by community voting.
A Triple Win: The New HT Wealth Game Is Ready to Launch
On January 16, Huobi released data from its second PrimeVote campaign: over 100 projects applied, 20 passed strict screening and entered the voting round, 4,360 users participated in voting, and more than 20 million HT were locked in voting. Ultimately, Bull BTC Club (BBC) won first place with 13,087,853 HT votes, securing priority listing rights. Participants who voted for BBC shared a reward pool of 100,000 USDT worth of tokens.
From these figures, it is clear that the project teams, Huobi, and HT holders alike have formed a positive feedback loop powered by the community—a true triple win, benefiting all parties involved.
For project teams, especially new ones, participating in PrimeVote offers immense visibility through Huobi’s platform and community traffic. Through HT staking and voting mechanisms, they can partially fund their treasury. Winning first place grants direct access to listing on a major exchange, overcoming typical barriers such as high listing fees and stringent reputation requirements, enabling rapid price growth and accelerating project development.
As the initiator, Huobi taps into community power to identify promising projects, refine its listing strategy, create a purer, community-driven listing environment, deepen the HT empowerment ecosystem, build more utility scenarios for the platform token, and gradually reduce HT’s speculative premium by enhancing its practical value. This fosters a virtuous cycle of HT empowerment, increases user returns, and expands its ecosystem.
For HT holders, the voting power gives them real influence—they actively contribute to ecosystem development and jointly drive appreciation in both HT and project token values. The most tangible benefit? Growth in their crypto assets. Holding HT becomes more than just passive belief or herd behavior—it transforms into active participation in real-world applications and value creation. According to estimates from a participant in Huobi’s second PrimeVote campaign, HT holders who successfully supported the winning project could earn approximately 2.5% annualized return from voting rewards.
Notably, Huobi has repeatedly announced major initiatives focused on HT empowerment—for instance, partnering with TRON and DMC Labs to launch the Dominica National Coin (DMC), where HT serves as the sole asset for subscription; and collaborating with Visa to launch the Huobi Visa debit card, offering exclusive benefits to HT holders—all sending strong signals about HT’s growing utility.
Furthermore, announcing PrimeVote results and launching the third round of global project recruitment at a time of rising Bitcoin prices makes Huobi’s HT-centered wealth-generation strategy increasingly transparent—clearly positioning it as ready to launch.
Conclusion
At the start of 2023, we are finally seeing signs of回暖 in the crypto space—the dawn of a mild recovery is approaching. It is hoped that, riding this wave, more exchanges like Huobi will join hands with projects and users to rebuild investor confidence, stacking opportunities like Lego bricks to create new wealth-generation games, forge the next fortune-making legend, and usher in a new bull market.
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