Huobi Pro, which claims to be a leading global asset exchange, has announced it will support the trade of Ontology (ONT) tokens starting March 8, 2018 (GMT+8).

Ontology deposits will be available from 14:00, March 8, 2018. Ontology to Bitcoin and Ontology to Ethereum trades will be available at New Zone from 15:00, March 9, 2018. Withdrawals will be available from 14:00, March 14, 2018.

On March 1, a snapshot was taken of the NEO blockchain for an airdrop that will award 0.1ONT per 1 NEO. An additional 0.1 ONT will be rewarded upon the release of the Ontology mainnet. Huobi will airdrop Ontology tokens to NEO holders on March 10, 2018.

2 Million ONT Rewards (Trade one get one free)

Starting 15:00, March 9 to 15:00, March 15, verified customers will be rewarded with an equivalent amount of Ontology tokens to their Ontology trading volume (maximum 100 ONT).

In total, there will be 2 million ONT tokens given away, delivered within 3 working days after the promotion has ended.

ONT Trading Volume Contest (Rewards Top 100 Users)

From 15:00, March 9 to 15:00, March 15, customers whose Ontology trading volume ranks within the top 100 on the Huobi platform will receive the following rewards:

  • 1st place: 300,000 ONT
  • 2nd and 3rd place: 150,000 ONT
  • 4th and 10th place: 80,000 ONT
  • 11th and 20th place: 50,000 ONT
  • 21nd and 50th place: 10,000 ONT
  • 51th and 100th place: 5,000 ONT

(Rewards apply for buying and selling volumes only and exclude self-executed trades)

The rankings will be updated on Huobi Pro’s announcement page every work day before 18:00. Rewards will be delivered within 7 working days after the promotion has ended.

The above promotion is subject to Huobi Pro’s final decision, and reserves the right to disqualify any person who suspected of cheating or violating the rules set by Huobi Pro.

About Ontology

Ontology provides “a new high-performance public chain infrastructure and a distributed trust collaboration platform.”

The Ontology blockchain framework is customizable to suit different public blockchains for different applications. Ontology also provides the underlying blockchain infrastructure for distributed scenarios, such as distributed identity frameworks and data exchange protocols.

By Matthew North