Huobi Lists HIVE Token

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There was no announcement during the AMA but it was evident that a relationship was being forged between the two platforms.

Let us discuss some of the AMA that took place yesterday.

To start, shoutout to @justineh who, from what I understand, put together the event. It is obvious she was able to reach out and make contact with the exchange.

Secondly, I need to commend @roelandp for the answers he gave to the questions. He thoroughly explained the tenets of Hive and what we stand for. There were a number of questions pertaining to what made Hive different which I think he handled very well.

The point of the AMA was to keep getting Hive exposure. This is marketing 101. Not everything results in immediate activity but lays for foundation for more to come.

Obviously, building a relationship with the Huobi team is a great idea. However, it is also a good move to target their users. After all, that is what Huobi is doing with us.

A key point about the AMA is that it was broadcast on Huobi's Telegram and Twitter accounts. This means the event was viewed by some outside of the Hive ecosystem. If nothing else, it did plant a seed.

Of course, in this instance, there was some action taken by Huobi although I am not sure it is a result of the AMA (certainly that didn't hurt).

Huobi announced that it is listing Hive.

Here is their announcement.

They are also kind enough to run a contest around the token.

This does appear to have some impact on the token.

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I am convinced the cryptocurreny industry is watching to see how a true community driven initiative fares. Look at most other blockchains and there is a foundation or individual heading it up. Hive does not have a face nor an entity behind it. Instead, it is just a group of dedicated people doing something they believe in.

Adding another exchange, especially one in the East is a big step. We know cryptocurrency is big in that part of the world and now users of Huobi will be able to access HIVE. It also gives BEES (Hivers? What are we?) another avenue which to trade.

This is some of the basic foundation that is being laid. Roeland did mention during the AMA about Smart Media Tokens (Hive Media Tokens?) coming out. He did not want to commit to a time frame which is fine. It is good to know that this is on the developers radar and is being tested.

I bring this up because tokens created using that protocol will have an easier time getting on Huobi and other exchanges that carry HIVE since it is the same. That was one of the biggest advantages to the SMT protocol.

It is very exciting to see how things are progressing.


If you found this article informative, please give an upvote and rehive.

gif by @doze

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Posted via Steemleo



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15 comments
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Thank you for the information @taskmaster4450. It is good to know that more and more exchanges are adding HIVE. It will help us to achieve competitive trading fees.

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Hive does not have a face nor an entity behind it.

True. It has the V.22.2 Cabal. Nice to see there's another exchange to dump my HIVE.

hive-graph.png

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It's awesome to have the listing, I hope we have more before the end of the year.

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Great and fast progress. They say that efficient markets price in expectations. So if this was an expected move it really caught those market forces off guard. Really a surprise!


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Yeah well even though it was speculated, I am not sure how much was really revealed.


Posted via Steemleo

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Before the end of this crazy year #hive will be on par
and set the way for greatness for the years to come.
#hive = commuity

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Be on par with what @pouchon?


Posted via Steemleo

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Time is the essence.
#hive will be on par with any other tokens.
Gladly we have a strong community.
The value will set sails where the community can take it.

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Woow, that's really an amazing news!
Hive token is more than 63% as I am writing now ✨🚀🚀🚀

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Though I do not have Huobi account, but it brings up the price , considered a very good news!


Posted via Steemleo

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I think they are doing the contests and things to get people to get a Huobi account.

Smart move on their part.


Posted via Steemleo

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If we could stay above 20 cents, onboard a bunch of new users from this and then get listed by binance I see hive making it back to 50 cents in no time. And then once bitcoin moons...

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