From September 25th to 26th, HTX DAO exclusively sponsored the registration desk of Crypto Summit 2024 and appeared as a business partner. This move provides HTX DAO with an opportunity to showcase its unique decentralized governance model, which will further expand the market share and influence of HTX DAO and Huobi HTX in the CIS region, attract more crypto community members, developers, partners and users to join its ecosystem, thereby strengthening the global community and improving decentralization.
During the summit, Anton Belyakov, Head of Huobi HTX CIS Region, was invited to attend and delivered a keynote speech entitled Creating Crypto Exchange 2.0: How HTX DAO Changes the Way Exchanges are Built and Attracts Active Crypto Communities.
Anton pointed out that HTX DAO is an organization that can change peoples views on centralized exchanges. It embodies the concept of decentralized exchanges through innovative governance and community participation methods, that is, it empowers users, partners, and governance committees to truly participate in democratic governance, enabling exchanges to integrate community feedback suggestions, solutions, innovative products, etc., and quickly achieve iterative upgrades.
According to Anton, the HTX DAO governance token $HTX has been listed on 24 exchanges, with its value steadily increasing due to the rapid growth of the platform within the ecosystem and the implementation of the destruction mechanism to reduce the supply. Since its launch in early 2024, HTX DAO has completed $42.5 million in ecosystem liquidity donations and destroyed $9 million worth of $HTX. This shows that the $HTX token has a strong foundation and great potential, especially in the CIS region.
Anton concluded that thanks to its innovative governance model, $HTX has the potential to become a leading community governance token, and HTX DAO is expected to become a successful example of a community governance exchange.
Crypto Summit 2024 is the CIS regions highly anticipated annual cryptocurrency and blockchain technology event, held in Moscow from September 25 to 26. The summit attracted more than 7,000 attendees, 70 speakers and 70 exhibitors in the industry, and discussed in depth the potential investment opportunities, development trends and regulatory introduction of the crypto market.
The organizer of the conference revealed at the opening ceremony that Huobi HTX ranked third in the CIS region with a market share of 11%. A well-known KOL in the industry commented that Huobi HTX was able to reach the top three market share in just a few months, which shows its determination and perseverance to deepen its presence in the CIS region.
HTX DAO said that the CIS crypto market is well-known for its innovative technical capabilities, active community and strong desire for decentralization. Despite regulatory challenges and pressure from the international financial environment, it is still a market full of potential and vitality in the global crypto industry. At present, HTX DAO and Huobi HTX have risen strongly in the CIS region, especially in August, with the traffic share increasing to 21.2%. In the future, HTX DAO will continue to pay attention to and layout the CIS crypto market to accelerate its expansion and growth around the world.
