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According to a statement from Medium blog, Huobi Group launches Huobi NEXT, “the group’s innovative, community-based exchange.”

“Huobi NEXT is designed expressly to connect new, cutting-edge, high potential, early-stage coin projects with investors seeking to gain early exposure to them,” the statement states.

Huobi executive Mai Lu said that the company is trying to create an open platform for anyone “who wants to contribute and share the value.”

In the statement describes that after startup submit its coin for listing and Huobi verifies each for authenticity and legitimacy, the process of listing starts with Huobi NEXT endorsers, “who are made up of reputable and well-respected investment institutions.”

Huobi has been trying to do its best to keep up with other crypto companies.

For example, in the beginning of October, Huobi launched a beta version of its new social platform, Huobi Chat.

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