Selfkey KEY to Huobi Pool Token HPT Exchange

Crypto Pair Details: KEY to HPT

Selfkey KEY

Bihu consists of two main components: an identity system and a community for crypto investors. Bihu ID（bihu.com）is a self-sovereign ID system based on blockchain technology and decentralized storage. It aims to be the gate keeper for Web3.0, in order to protect users’ wealth, data and privacy. Bihu ID strives to be the 'KEY to Digital Liberty'. Bihu Community is an platform for crypto investors to share and obtain token-investment-related information. It will the first use case for Bihu ID. KEY is the utility token for both Bihu ID and Bihu Community. It is an ERC20 token on the Ethereum blockchain. KEY is used to incentivize content generation within the Bihu Community, as well as the primary method for good content discovery. KEY also is the value exchange method within the Bihu Community, such as tipping between users. Since a single Bihu ID lives on multiple blockchains, it is desired that users will be able to pay KEY for generic network fees (AKA gas). KEY also acts as the generic payment method in the Bihu ID system, for instance, to recover lost IDs.

Huobi Pool Token HPT

Huobi Pool Token (HPT) is an ecological sub-token based on Huobi Token (HT). A total of approximately 10 billion HPTs are issued by Huobi Pool, and the targets include HT holders, community users of Huobi Pool and others. As a subsidiary brand of Huobi Group, Huobi Pool is an important component of Huobi’s ecological strategies worldwide. Putting forward the innovative idea of 'mining is mining', it covers POS, DPOS, POW and other consensus mechanisms. HPT holders can fully participate in the future development of Huobi Pool, and get airdropped rewards and share the growing value of Huobi Pool by participating in mining on a daily basis.

SOURCE: COINGECKO

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