Nikolaos Kostopoulos
Oct 8 · 3 min read

Dear Harmony Community,

We’re delighted to announce that the Harmony token will be listed on Huobi, one of the world’s biggest cryptocurrency exchanges. Huobi Global has selected ONE to take part in FastTrack Phase 9— a community incentivethat pits ONE against another project, and lets Huobi users decide which ONE will be listed first.

As announced, Huobi Global will launch FastTrack Phase 9 on Oct. 9, 2019.

Harmony is among the two selected projects that will compete. The project that will concentrate the higher number of votes will be selected for an immediate listing on Huobi Global! The winning token will be listed on Huobi the very same day, immediately after the votes have been counted.

Can I get involved?

Voting is only open to registered Huobi users who have held at least 1,000 Huobi Tokens (HT — the platform’s native utility token) since FastTrack Phase 8.

Approximately 1 million USDT worth of project tokens (market price) will be sold (at a discount of around 50% off) to voting users, whilst, an equivalent of 500,000 USDT worth of HT will be burnt.

Harmony will compete with the project BitcoinHD $BHD in the 9th Phase of Huobi FastTrack !

We invite our community to support our candidacy in Huobi Fast Track, and participate actively in the voting!

If you don’t have a Huobi Account you can register through this link.
Any invitation success fees will be given to selected charities.

FastTrack Rules:

1) Voter Eligibility:The number of HT votes a qualified user can exercise in the upcoming voting session depends on the minimum HT holdings held during the holding period(holding period are as follows), subject to a floor limit of 1,000HT and ceiling cap of 5,000HT. For example: A user with a minimum HT holding of 6,500HT during the holding period will receive 5,000HT equivalent voting rights.

2) Target Schedule:

Deposit/Withdrawal Services for both project candidates start: 10:00:00 Oct.9, 2019 (GMT+8)
Voting starts: 20:00:00–20:59:59 Oct.9,2019(GMT+8) (1 hour in total);
Token Exchange: 21:00:00–21:09:59 Oct.9, 2019 (GMT+8);
Winning Project’s Listing starts: 22:00:00 Oct.9,2019(GMT+8) where free trading of USDT, BTC and HT trading pairs will launch.
Runner-up project’s Listing starts: 10:00:00 Oct.11, 2019(GMT+8) where free trading of USDT, BTC and HT trading pairs will launch.

Token Exchange:

100 lucky users per project candidate (total of 200 lucky users in Phase 9) will be selected across the respective voting participants to share 20% of the tokens proportionately. (Rules for luck draw can be seen from the announcement of FastTrack specific trading regulations).

The other users will be able to allocate remaining 80% tokens in proportion to their HT votes;

The HT holding period for this phase will start from FastTrack Phase 8, and run till the upcoming FastTrack voting date. (00:00:00 Sept.4, 2019–23:59:59 Oct.8, 2019)(HT holding based on random daily snapshot)

Actual token exchange price ratio will be announced the morning of Oct.9.

Further Notice:
1. In order to avoid extreme price volatility due to exuberance, we will restrict the use of market orders within 5 mins after official trading opens and users are unable to place orders at prices 5 times higher than the highest tradable price during Price Limit Round;
2. Huobi reserves the right to void a project’s vote count, or eliminate FastTrack voting eligibility if signs of cheating are discovered.

Risk Reminders:
1. Trading digital assets comes with high risks due to huge price fluctuations. Before trading, please have full understanding of all the risks in investing in digital assets and be prudent of your own decisions.
2. All information (including FastTrack related announcements) displayed on Huobi Global & Harmony announcements do not constitute investment advice. Huobi and Harmony do not take responsibility for any resulting direct or indirect losses.

Harmony

To scale trust for billions of people and create a radically fair economy

Nikolaos Kostopoulos

Written by

Advising governments & interest groups on cryptocurrency & FinTech regulation in the European Union.

Harmony

Harmony

To scale trust for billions of people and create a radically fair economy

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