Poolz will be the first IDO (Initial DEX Offering) platform that integrates with the Huobi ECO chain. To achieve their cross-chain IDO vision, this integration is an important step to be able to conduct future IDOs on all of the biggest blockchain networks.
Poolz is a decentralized swapping protocol for cross-chain auctions of tokens (Fungible and Non-Fungible), as well as OTC (over-the-counter) deals.
This new partnership with Huobi is also very exciting for Poolz token (POOLZ) holders. Because going ahead, Poolz will be the platform for the Huobi ECO chain projects to do their IDO. The partnership will open the gate for the ECO chain’s most promising projects to Poolz. POOLZ holders will have a wider range of projects to invest in.
Huobi ECO (HECO) is a faster and cost-efficient developer-friendly public chain. It is compatible with smart contracts and supports high-performance transactions. Its network has gained huge momentum lately and the projects built on ECO are validated by several factors. They pose various investment opportunities for POOLZ holders.
Founder and CEO of Poolz, Guy Oren said:
We are excited to expand the amount of value that can be created by connecting the Huobi ecosystem with Poolz. It will enable us to conduct some of the most pivotal business functionalities. Integrating Poolz with the Huobi ECO chain will substantially contribute to the much-needed interoperability of blockchains.
Poolz is the first project to enable IDOs on the Huobi chain. It is an exciting step towards a strong alliance between Poolz and Huobi. In short, this partnership allows all the HECO projects to auction their tokens on Poolz’s platform.