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    Huobi is sending someone to space for its 8th birthday

    Huobi is sending someone to space for its 8th birthday

     

    The major global blockchain that currently stands as the third largest crypto exchange by trading volume, the Huobi Group, is celebrating its eighth birthday in a very unusual way.

     

    As a part of its eighth birth anniversary, the company is scheduled to hold a series of events that includes giveaways and a space travel ticket.

     

    As per reports, Huobi would hold a contest that would zero in on one lucky winner who would have the experience to travel into space. All the users of Huobi Global across the world are eligible for participation.

     

    Director of Global Strategy at the group, Jeff Mei, said there would still be health requirements that need to be passed for going to space, but the major details would be revealed at a later stage.

     

    The company has declined disclosing details of the space agency that would provide this space trip for Huobi, or whether it would be done through a private firm like either Jeff Bezos’ Blue Origin or Elon Musk’s SpaceX

     

    Mei has also added that the message they’re trying to send with the space travel contest is that this space is open to everyone, thus reflecting “the openness of cryptocurrencies and Huobi’s platform.”

     

    Huobi’s anniversary celebrations would continue until late November, along with the company’s annual online forum, the Huobi Summit 2021, titled Blockchain and Beyond. The event would be featuring panel discussions with industry experts, crypto analysts and government officials.

     

    The list of speakers includes Former Chairman of the United States Federal Reserve, Alan Greenspan. Greenspan would be discussing global inflation since a huge number of investors have turned to crypto trading in search of higher yields.

     

    Greenspan is popular as a major proponent of Bitcoin, who compares Bitcoin to the early form of money in the US when it was called the “continental currency.” He had also criticized the idea of the central bank digital currency in 2019.

     

    Huobi Group’s co-founder Du Jun noted that the company would continue expanding its global footprint and introduce innovative products, including localized services, starting with Turkey’s and Brazil’s markets. For reinforcing its global expansion, 

    Huobi is looking to increase its global headcount from 2300 to 3000 by the end of 2021.

     

    In a recent incident, Huobi was forced to exit China after the Chinese government’s new laws enforced a ban in September 2021.

     

     As of mid-October, Huobi’s businesses that operate outside of China had amounted to around 70 per cent in terms of trading volumes and revenues.

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