Huobi Global Reaches Strategic Partnership with Chiliz to Launch Fan Token Zone
Special PrimeBox event with two million USDT prize pool to celebrate collaboration
London - July 19, 2022 (Investorideas.com Newswire) Huobi Global, one of the world's leading digital asset exchanges, has reached a strategic partnership with Chiliz, a world-leading blockchain fintech provider for sports and entertainment, to launch Fan Token Zone, a newly-established trading section specializing in fan tokens, on Huobi Global. Four outstanding fan tokens, $PSG, $ATM, $JUV, and $OG, will be listed on the new Zone. To celebrate the partnership and launch, a special PrimeBox x CHZ Fan Token event will be held from July 19 to July 29; users can participate in this event to win a share of a two million USDT prize pool.
With the development and maturity of concepts such as Web3 and Decentralized Autonomous Organization (DAO), fan communities have gained prominence in the blockchain industry, and fan tokens and their holders are playing an increasingly important role in community construction and development. Fan Token Zone enables traders to transact a variety of fan tokens, with the ultimate aim to promote and spur the development of fan communities and DAOs.
Huobi Global has held several PrimeBox special events to celebrate various festivals, including Bitcoin Pizza Day, Easter Day, and Valentine's Day, to elevate the enjoyment of digital assets for users. Each special event comprises a variety of interesting and easy gameplay mechanics, alongside generous rewards. To further incentivize users during this crypto winter, the PrimeBox x CHZ Fan Token event will feature a total prize pool worth two million USDT, and extra NFT rewards from Huobi Global PrimeBox will also be shared among lucky users.
During this event, there will be a daily prize pool offered over 10 days, which will be shared based on the number of the new Magic CHZ held by users at 12:00 (UTC) every day.
Here are the steps to create Magic CHZ:
1. Get all five cards, namely "CHZ", "PSG", "ATM", "JUV", and "OG"
First, users can complete spot or derivatives trading tasks on the event page to collect the five different cards. Users can also win cards by participating in activities such as Challenge Tasks, Referral, NewListing, Trading Bot, Huobi Earn, Dual Investment, Huobi NFT, Huobi Live, Huobi Community, or Contract Contest. Last but not least, all cards can be gifted to a friend via a link or their UID/DID numbers. Users can obtain the cards by inviting their friends to give them a boost. To collect a card via the link, the recipient needs to download the Huobi App and activate the event via the shared link.
2. Create Magic CHZs
With all five cards, users can create Magic CHZs to win a share of the daily prize pool based on the number of new Magic CHZs they hold at 12:00 (UTC) every day.
- Individual's Magic CHZ holdings to prize pool ratio = Individual's number of Magic CHZ created on the day/ Total number of Magic CHZ created by all participating users on the day * 100%
- Individual's share of prize pool = Individual's Magic CHZ holdings to prize pool ratio * Daily PrimeBox prize pool
3. Get more rewards
With the Magic CHZs, users can get CHZ badges, football Genie NFTs, transaction fee rebate vouchers, PrimeList Sure-Win tickets, and CandyDrop Sure-Win tickets. In addition, users can collect CHZ shards and Crystals on the event page to win Primebox cards, which can help to increase their chances of creating Magic CHZ.
Users can also claim their DID to get a Football Genie NFT in the Huobi Global Primebox event. During the event, users can generate an exclusive DID on the event page and concurrently get a Football Genie NFT, which can be set as their avatar. This exclusive NFT from the Huobi Global PrimeBox event can be traded on the Huobi NFT platform. Extra NFT rewards will also be given to eligible users.
As the exclusive partner of PrimeBox x CHZ Fan Token event, Chiliz lets users benefit from the latest innovations in blockchain technology by elevating everyday experiences such as fan engagement in entertainment, alternative payment solutions for conventional products, and more. As a leading exchange which pursues an open ecosystem that actively supports high-caliber projects and users, Huobi Global's partnership with Chiliz brings it closer to this vision.
"Our strategic partnership with Chiliz signals a major milestone in the progress and development of Web3 and DAO," said Du Jun, co-founder of Huobi Global. "The launch of Fan Token Zone marks the first of many contributions Huobi Global intends for these spaces."
More information about the PrimeBox x CHZ Fan Token Event can be found here.
About Huobi Group
As a world-leading company in the blockchain industry, Huobi Group was founded in 2013 with a mission to make breakthroughs in core blockchain technology and integrate it with other industries. Huobi Group has expanded into public blockchains, digital assets trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and more. Huobi Group has established a global digital economy industry ecosystem by investing in over 60 upstream and downstream companies in the blockchain industry.
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