Justin Sun attended the launch ceremony of HTX DAO 2024 and People’s Exchange: Building Huobi HTX for People’s Exchange

February 2, HTX DAO 2024 cum peopleexchangeThe launch ceremony was held in Singapore. This press conference kicked off the decentralization of Huobi HTX and also marked theexchangewill become its core spiritual connotation.

Event site, HTX DAOJustin Sun, a core supporter and member of the Huobi HTX Global Advisory Board, attended the event and delivered an important speech, explaining the first people's exchange and communicating with HTX DAOThe governance committee, ecological participants, and industry media jointly discussed the governance of HTX DAO and the People’s Exchange.

HTX DAO: endowedCommunitythat power

Sun Yuchen pointed out that in order to avoid tragedies like FTX and Mt. Gox from happening again, only a decentralized governance model can open the ceiling of asset scale and ensure the long-term stability of exchange user assets while the industry continues to grow.Safety. At the same time, only decentralization can makeBlockchainAnd the exchange industry has entered the trillion-level asset scale. HTX DAO will lead the evolution of the industry and create an exchange industry to protect user assetsSafetynew paradigm.

It is reported that HTX DAO was officially established on January 18.BlockchainThe leading decentralized autonomous organization in the ecosystem, focusing on open finance and decentralizedTokenchemical economy. The name embodies its characteristics and strategic direction as a decentralized autonomous organization:
The “H” symbolizes the Huobi HTX exchange, emphasizing its important role as the largest liquidity contributor in the HTX DAO ecosystem;
“T” stands for TRON, symbolizing the technological innovation that drives the HTX DAO ecosystem forward;
"X" represents change and potential, bringing together the core beliefs of HTX DAO's vision. “X” also represents the numerous well-known entities that form the cornerstone of the DAO ecosystem and will eventually become an integral part of the HTX DAO ecosystem.

Sun Yuchen said that what Huobi HTX wants to be is a decentralized exchange, a democratic and autonomous exchange, and all of this will be realized through HTX DAO. $HTXTokenHolders will have the power to vote for currency listing, question, and make decisions and governance, etc., assisting Huobi HTX to achieve decentralization, and eventually become the true master of the platform.

HTX DAO gives Huobi HTX a second life

At the ceremony, Sun Yuchen said bluntly that HTX DAO will give Huobi HTX a second life, lead the development of Huobi HTX in the next ten years with a decentralized governance method, and enable Huobi HTX to be as sustainable and healthy as the inheritance of civilization. Keep operating.

According to its introduction, relying on HTX DAO and $HTX, Huobi HTX will retain the centralized operating structure and create a decentralized governance, brand, and decision-making structure, showing a democraticCommunityvitality and competitiveness.

In Justin Sun’s view, HTX DAO will have community decision-making, governance, and operational capabilities, be able to generate the Huobi HTX Senate, actively debate and make decisions on the development of Huobi HTX, and be able to come from the community, go to the community, and let Huobi HTX CoinHTX becomes a real people’s exchange.

It is worth mentioning that in addition to Huobi HTX, Ankr, Spark Digital Capital, Double Peak Capital, Zebec, Merkle 3s Capital, TRON, BitTorrent, JustLend DAO, Poloniex, Sun.io, Spark, Stratified Capital, stUSDT , APENFT and other projects/institutions have joined the list of HTX DAO ecological builders. At the same time, as ecological builders, including Huobi HTX, TRON, BitToXiaobai Navigationrrent, APENFT, etc. will donate part of the funds to HTX DAO ecological liquidity to jointly support the development of HTX DAO.

Justin Sun concluded that Huobi HTX has gone through a decade of centralization and hopes that in the next decade, it can complete the transformation of decentralization and achieve long-term peace and stability - a fully democratic mechanism and transparency visible to everyone. A true people's exchange.

It is reported that this conference has received widespread attention from the Huobi HTX community and the crypto market. Leading Web3 organizations such as Fireblocks, HashKey, Bithumb, and Paradigm, as well as industry media reporters such as The Wall Street Journal, The Korea Times, FT Chinese, The Straits Times, Golden Finance, and PANews, all attended the press conference.

The article comes from the Internet:Justin Sun attended the launch ceremony of HTX DAO 2024 and People’s Exchange: Building Huobi HTX for People’s Exchange

Related recommendations: Obtain potential airdrop points at zero cost. How to participate in the Metis decentralized sorter community test?

A fund of up to 4.6 million METIS will be used to promote project deployment, product development and builder rewards in the ecosystem. Author: Kaori, there are many phishing scam accounts on the BlockBeats Recently, Ethereum Ecological Layer…