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Huobi Global Joins Beyond Blocks Summit In Seoul To Give Insight on How To Build A Successful ICO
  • USA - English


News provided by

Hokku PR

Jul 19, 2018, 06:00 ET

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SEOUL, South Korea (PRWEB) July 19, 2018 -- Huobi Group (http://www.huobigroup.com), the leading provider of financial services in crypto assets, attended Beyond Blocks Summit (https://beyondblocks.com/) in Seoul, Korea, a conference that drew in close to 2,000 attendees from around the world to discuss current issues in the Korean and global crypto-space.

“With bitcoin’s volatility these past few months, we’ve seen billions of dollars entering and exiting the market every day. But, still, ICOs have raised more money in the first quarter of this year than in the total of 2017,” said Li Huo, Managing Director of Huobi Global.

Huo, accompanied by John Nahm (Managing Partner of Strong Genesis), Patrick McConlogue (Co-Founder & CEO of Block Collider), Jehan Chu (Co-Founder & Managing Partner of Kenetic Capital), Nathan Li (Investment Director and FBG Capital) and Zhuling Chen (Co-Founder of aelf), took the stage to answer the burning question: what defines a successful ICO?

According to CoinDesk, the size of the average funding round and the rate of ICO project funding are higher than they've ever been. Despite the peak in ICO investments, industry analysts have decreed that close to 1000 cryptocurrencies have been considered 'deceased', mostly due to bitcoin's price drop.

Huo said, “It’s important to remember that the short-term market price isn’t the priority — what you’re building is much more important. With the number of blockchain projects emerging from every corner of the world, it’s important that we share our learned experiences with the community.”

About Huobi Group
Huobi is one of the world's leading providers of financial services in digital assets, offering crypto investors a wide range of digital assets and financial services. In 2013, Huobi’s founding team sensed the tremendous potential of blockchain technology, digital assets, and global financial restructuring, all of which led to the creation of Huobi.

It has got financing from some of the world's top institutional investors including Sequoia Capital. In February 2018 alone, Huobi had a total trading volume of $981.5 billion USD. And now Huobi empowers millions of users across 130+ countries in the blockchain space.

With the mission to make finance more efficient and accessible, the company is committed to providing customers with safe, professional and trustworthy services based on a core principle of putting the customer first. Currently, Huobi has offices in Singapore, the United States, Japan, South Korea and Hong Kong (China), with more branches to be established in countries and regions in the near future.

Chi Zhao, Hokku PR, http://www.hokkupr.com, +1 6465785254, [email protected]

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