PRESS RELEASE. INTERNET CITY, DUBAI, Dec. 21, 2021 – LBank Exchange, a global digital asset trading platform, will list Hot Cross (HOTCROSS) token on December 21, 2021. For all users of LBank Exchange, the HOTCROSS/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on December 21, 2021.
As an extensive multi-chain and cross-chain tool suite, Hot Cross (HOTCROSS) enables blockchain teams and their communities to thrive. It aims to be the best toolbox for ETH and EVM network, and tries to stay up to date with what’s happening nonstop so that it’s always prepared for what’s next. The HOTCROSS token will be listed on LBank Exchange at 22:00 (UTC+8) on December 21, 2021, to further expand its global reach and help it achieve its vision.
Introducing Hot Cross
Hot Cross is an extensive multi-chain and cross-chain tool suite that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Its development philosophy is agile, and it has a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams will migrate in part to new networks that feel familiar when presented with good tooling and freedom. Hot Cross is a company and an ecosystem in and of itself, and its goals are towards allowing diverse communities to flourish using its technologies, whether or not they know Hot Cross is the one building them.
For users, Hot Cross is best understood as a lot of cool applications that they can use across multiple blockchains, the HOTCROSS token is the glue that brings a lot of those applications together and makes them better. For businesses, Hot Cross is best understood as a group of developers that builds tools for them and their communities, including staking programs, compliant crowd sales, liquidity programs, NFT minting, and much more. It is here to help other companies lift the space up with it. Hot Cross takes the load off of their shoulders so that they can focus on building what they understand best.
Some of Hot Crosses most widely used products include Cross Bridge, an ERC20 to BEP20 bridge; Cross Pool, a multi-chain StakeDrop/Launchpool product; Cross Mint, a multi-chain NFT minter; Cross Connect, a UI component; Cross API, a rich data delivery endpoint; Cross Swap, an exploration into AMM-style bridging; Cross Vest, a multipurpose application for token management; and many more products such as Cross Send, Know Your Customer, Initial Hot Cross Offerings, Cross Yield, Cross Claim, etc. The team of Hot Cross is highly agile in the way that it develops, it tries to stay up to date with what’s happening nonstop so that it’s always prepared for what’s next.
About HOTCROSS Token
HOTCROSS is the native digital cryptographically-secured ecosystem utility token of Hot Cross, which is designed to play a major role in the functioning of the ecosystem on Hot Cross and intended to be used solely as the primary utility token on the protocol/network which allows users to access a various number of products in the Hot Cross suite. This includes access into Cross Pool, discounts or rebates on cross-chain B2B tool creation and associated B2C analytics, and DAO-style power over the decision making and governance of select portions of the Hot Cross ecosystem.
The total supply of HOTCROSS token is 500 million (i.e. 500,000,000). 10% of the HOTCROSS supply is provided for incubators, 2.5% is for strategic placements, 10% is for PancakeSwap IFO, 4% is for liquidity provision, 0.4% is provided for Courmet Galaxy IDO, 1.5% is for Cross Pool Launch, 25% is provided for ecosystem growth, 26.6% is for protocol incentives, 10% is for reserves, and the rest 10% is allocated to the team.
The HOTCROSS token will be listed on LBank Exchange at 22:00 (UTC+8) on December 21, 2021, investors who are interested in Hot Cross investment can easily buy and sell its token on LBank Exchange by then. The listing of HOTCROSS on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about HOTCROSS Token:
Official Website: https://hotcross.com/
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4412294957081-HOTCROSS-will-be-listed-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
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LBK Blockchain Co. Limited
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