Mark Zuckerberg’s older sister, Randi Zuckerberg, is now a member of the Huobi Chain Expert Advisory Committee, alongside other experts such as Jihan Wu, the CEO of Bitmain. Mark is the co-founder of Facebook, probably the biggest social media site in the world, and he personally has a net worth of USD 67.1 billion. Randi is a successful entrepreneur as well, she is the CEO of Zuckerberg Media, a content creation service headquartered in New York.

Huobi is one of the biggest crypto exchanges in the world. It is in the top 3 in terms of trading volume, alongside Binance and OKEx. It often has trading volume of USD 0.5-1 billion per day. The exchange was formerly headquartered in China and was the top exchange there, at a time when CNY to Bitcoin trading represented 90% of all fiat to Bitcoin trading. China made CNY to crypto trading illegal in the latter half of 2017, and Huobi was forced to move out of China but has survived and now is launching exchanges across the world.

Huobi is creating a decentralized exchange that will be built off of its own native blockchain, Huobi Chain. This is perhaps to ensure that the firm will always survive regardless of government regulations. This will be the first time a centralized crypto exchange of its stature transforms into a decentralized autonomous organization (DAO).

Huobi is offering 30 million Huobi Tokens, worth more than USD 100 million, to fund the development of Huobi Chain. It is giving the opportunity for experts across the crypto world to compete to build the best infrastructure for Huobi Chain, and Randi Zuckerberg will be on the committee in charge of curation. The Huobi Chain Expert Advisory Committee will give professional advice to developers and experts working to build the new blockchain and will advise the election phase of the Huobi Chain Superhero Championship Program.

 

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