Huobi Token HT: FinanceChain Mainnet Launch
Crypto exchange Huobi is set to launch its own public blockchain network focused on decentralized financial services
Blockchain startup Nervos will help Huobi build the network called FinanceChain
FinanceChain mainnet is expected to launch in Q2 2020
A mainnet is the official final product of the blockchain project and the realization of the promise made in the whitepaper. In other words, a mainnet launch is the opening of the final product for all users.
Token swap also occur during a mainnet launch. To raise the necessary funds for development, the teams issue their own tokens on other blockchains, such as Ethereum (ERC-20). During a mainnet launch, these tokens will be exchanged for the project’s own cryptocurrency.