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On January 13, Huobi announced that it had reached deep cooperation with EVT protocol and launched the world’s first Web 3.0 cinema, which was named Web3 Cinema on Huobi APP. EVT’s movie “The Uncle Victory” was released simultaneously, and Huobi users could watch it online after paying with HT/NEW/USDT at 12:00 (UTC) on January 17. Huobi also became the first platform in the industry to launch Web3 Cinema, its metaverse ecosystem was richer and more diversified, and the construction of the global Web 3.0 portal made significant progress.

Huobi launched the first Web3 cinema to reshape the film industry

EVT (Encrypted Variable Token) is a new token standard proposed by the Newton Core Team and implemented for the first time on the (NEW) Newton mainnet. The main features are the ability to support encryption and data evolution, support multiple media formats, which can be used to distribute movies, TV series, music, documents, etc., and establish a new token-based economic model. . Soon, EVT will be combined with decentralized storage, media streaming, network acceleration and other technologies to form a new project that will enable data to become assets and user to make data a reality, which can facilitate the transaction.

Huobi Web3 Cinema supports the Newton Network EVT protocol, supports streaming movies and TV series, and displays information related to movies and TV series. Users can get movie tickets by paying HT/NEW/USDT. Just like watching movies in theaters offline, users need to verify tickets to watch movies. After finding the corresponding movie ticket through the Huobi APP input, users can check the viewing expiration date through the ticket. Users can also view information such as contract address, token id, contract standard, owners, and copyright protection of movies through the EVT protocol.

At the same time, Huobi Web3 Cinema will officially release EVT’s movie “The Uncle Victory” at 20:00 on December 29, which is reportedly directed by Zhang Meng and stars famous actors such as Huang Haibo and Zhang Xinyi, and was nominated for the Jury Prize and Best Film at the 17th SIFF Golden Goblet Awards. In Huobi Web3 Cinema, newly registered users can watch the movie for free, while old users can watch it after paying via HT/NEW/USDT. When a user’s HT/NEW position reaches a certain standard, they can also get a free movie ticket.

Huobi’s metaverse system is getting more sophisticated and HT is continuously being powered up

With the rise of Web 3.0 and the concept of the metaverse, many metaverse-related film and television classics have been born in recent years. The film and television industry not only added the metaverse to the content of the matter, but also began to integrate the concept of the metaverse into the operation of the market. EVT has become a new platform for many companies to get TV and film IP content. This emerging model is becoming a major entry point for the film and television industry to design metaverse digital content.

EVT is at the beginning of the golden age of digital cinema. Film EVT demonstrates that this innovative technology infrastructure can support widespread global distribution while delivering value to its producers and users through ticket resale and rights management. Film EVT holders will own the rights to distribution, commercial design creativity, and resale.

The launch of Web 3.0 Cinema is also one of Huobi’s initiatives to empower HT. His Excellency Justin Sun, a member of Huobi’s global advisory board, had proposed to continue to vigorously empower HT and return more property to the community. HT will also play an important role in providing the best quality EVT technology services to Huobi users. In the future, as long as you have a certain amount of HT, you will be able to watch videos on the chain for free on the Huobi app. Recently, Huobi strengthened the role of HT in the Huobi ecosystem through various initiatives, including the adoption of HT voting on PrimeVote, HT as the only token to subscribe to DMC, etc.

About Huobi Group

As the world’s leading company in the blockchain industry, Huobi Group was founded in 2013 with the mission of advancing core blockchain technology and integrating blockchain technology with other industries. Huobi Group has expanded into public blockchains, digital asset trading, wallets, mining pools, proprietary investments, incubation, digital asset research, and more. Huobi Group has established a global digital economy industrial ecosystem by investing in more than 60 upstream and downstream companies in the blockchain industry.

Contact details

Huobi PR Team

+86 139 2280 3249

intlpr@huobi.com

Company website

https://www.huobi.com/

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