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Huobi, DMC Labs, Tron Jointly Launch National Token with Dominica Govt

Published 2022-11-29, 11:50 a/m
© Reuters.  Huobi, DMC Labs, Tron Jointly Launch National Token with Dominica Govt

  • Crypto exchange Huobi has issued the first national token Dominica Coin (DMC).
  • The launch is in partnership with Tron Network and the government of the Commonwealth of Dominica.
  • Presently, Huobi will airdrop DMC tokens to registered users.

Cryptocurrency exchange Huobi has announced news of issuing the world’s first-ever national token DMC, Dominica Coin (DMC), in partnership with Tron Network, under the authorization of the government of the Commonwealth of Dominica.

The announcement also mentioned that involved parties will also launch another first to a nation, Dominica DID. Both tokens were initially rolled out on the Tron Network, however, they will support cross-chain interaction with Ethereum, BSC, and other public chains through the BitTorrent Chain protocol.

The publication shared that the Commonwealth of Dominica has assigned the Tron Network as its designated national blockchain infrastructure. In collaboration with third-party technology providers including Tron, BitTorrent, and DMC Labs, Huobi anticipates DMC and Dominica DID to serve ...

The post Huobi, DMC Labs, Tron Jointly Launch National Token with Dominica Govt appeared first on Coin Edition.

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