Prime Lite, Huobi Prime's ultra-fast version, names ThunderCore blockchain as first project
When we first posted about ThunderCore back in November 2018, they were raising an undisclosed amount in seed funding and through private ICO, but we were unsure as to how they would incentivize entrepreneurs to build on their platform. Now, they've weathered the bear market, raised $50mm, and have emerged as the first project listed on Huobi Prime Lite.
ThunderCore is its own blockchain with its own native cryptocurrency, Thunder tokens. Developed by industry-leading experts, it is EVM-compatible with throughput of 1,200+ TPS, sub-second confirmation times, and low gas costs—making it quick and easy for dApps to deploy and scale.
Huobi Global debuted the selective token listing channel Huobi Prime in March to offer users investment opportunities at low cost, and minimize risks trading digital assets for users. They're now debuting an ultra-fast version of Huobi Prime, called Prime Lite. Existing dApps on Ethereum, EOS or NEM can be converted on Thunder and utilize this agile way to generate smart contracts.
Learn more about the announcement in ThunderCore's press release below.
ThunderCore Founders Chris Wang and Elaine Shi to Showcase Blockchain Platform at Consensus 2019 in New York City
SUNNYVALE -- May 1, 2019 -- ThunderCore (www.thundercore.com), the Silicon Valley-based public blockchain platform, today announced digital currency exchange Huobi has launched Huobi Prime Lite, an ultra-fast version of Huobi Prime that delivers shorter listing cycles and more flexible trading allocations for users and has selected ThunderCore as the first project to coincide with the debut of its new service. Huobi promotes the development of high-quality projects like ThunderCore by providing an efficient listing process and innovative trading model. Projects on Huobi Prime Lite must adhere to the same rigorous standards as Huobi’s core services.
ThunderCore is a public blockchain platform that is fully Ethereum compatible and delivers platform-based developer services and integrated user acquisition capabilities that particularly benefit game developers to deploy and scale their decentralized applications (DApps). As a Proof-of-Stake project, ThunderCore offers full-node, open-source capabilities for transparency and security. Its staking pool service allows token holders to earn rewards and support cross-chain assets. While ThunderCore’s capabilities lend themselves to gaming, they are also key to enhancing the usability of applications in other verticals including financial payments, supply chain, and security.
ThunderCore is the brainchild of co-founders Chris Wang, who holds a doctorate in computer science, and Elaine Shi, who authored the first academic research paper on Bitcoin and smart contracts. Chris Wang launched the gaming company Playdom, which he scaled to 20 million active users, 500 million employees, and $100 million in annual revenue before selling to Disney for more than half a billion dollars in 2010. Elaine Shi is an associate professor of computer science at Cornell University and Chief Scientist at IC3.
Chris Wang and Elaine Shi will showcase ThunderCore at Consensus 2019 happening May 13-15 in New York City. Media and attendees are invited to visit booth #330 in the exhibits area to learn more about the project. Both founders are also speaking at Consensus. To learn more, please click here.
ThunderCore has raised $50 million from investors in the U.S. and Asia including Pantera, Huobi Capital, MetaStable, ZhenFund, Electric Capital, Arrington XRP Capital, FBG, Hashed, Kinetic, and SV Angel.
Developed by industry-leading experts, ThunderCore is its own blockchain platform with its own native cryptocurrency. It is Ethereum virtual machine compatible with throughputs of 1,200 plus transactions per second, sub-second confirmation times and low gas costs, making it quick and easy for decentralized apps to deploy and scale. To learn more about ThunderCore, please visit thundercore.com or follow the company on Medium, Telegram, and Twitter.