The Huobi Global Exchange has launched a beta version of the Huobi Chat social network. 1,270 participants joined the beta testing of the new service.
For a secure connection, the social network uses encryption methods and consensus mechanisms. Huobi Chat allows users to create subgroups of main channels, contains news portals on the state of the cryptocurrency market, and also provides entertainment functions.
The business model of the platform called “socialization is mining” implies the introduction of the Huobi Chat Token (HCT) token. Users will allegedly receive coins for inviting new users and supporting the service.
Besides that, Huobi plans to integrate cryptocurrency payments and the ability to exchange tokens into this platform later.
It is not yet known when the service will be fully available to a wide range of users.
The network will work on Windows, MAC, Android and iOS.