EMOGI Network IEO Sale Rule

Changes to Listing Rules:

1. Trading Pairs: Users can buy/sell on directly on Huobi Global HT zone.

2. Participation Eligibility Criteria: Minimum Daily Holding of 1,000HT starting from the 4th Prime Listing to the upcoming Prime round (i.e. HT Holding Period?00:00:00, July 16, 2019 - 23:59, August 14, 2019 GMT+8)

Participation eligibility criteria for subsequent Prime rounds: The HT Holding Period is measured from the last Prime round till the upcoming Prime round. Users must hold a minimum of 1,000HT during the HT Holding Period to be eligible to participate in the upcoming Prime Round.

3. Trading Quota:

HT Holders shall receive trading limits, as follows:

A user�s trading quota (cap) will depend on their minimum HT held during the applicable HT holding period, subject to a minimum HT holding floor of 1,000HT and cap of 5,000HT. For example: A user with a minimum HT holding of 6,500HT during the holding period will receive a maximum of 5000 HT equivalent in trading quota across both price limit rounds.

Minimum HT Holding Tickets Trading Quota (HT) 1000?x<2000 1 equivalent to the minimum HT held during the applicable HT holding period 2000?x<3000 2 3000?x<4000 3 4000?x<5000 4 x?5000 5 5000

4. Trading Mechanism:

There will be two (2) �Price Limit� rounds with a total of 30 minutes: with two (2) 10-minute trading rounds, and one (1) 10 minute settlement/clearance break in between. A price limit cap will be set for each round. Users can trade within this limit price trading range.

The 1st �Price Limit� round will adopt a jackpot mechanism. In the first round, eligible users will receive a quantity of tickets corresponding to their HT Holding during the HT Holding period as specified above. Users with more than 5000HT during the HT Holding period will at most receive 5 tickets. The system will randomly select 800 tickets based on the 8-character ticket number, with equal probability of selection as follows:



Every ticket should make 1000 HT order. Orders will be partly matched up to the trading cap of all tickets matched per user.

All HT assets will be returned for unmatched orders.

The 2nd �Price Limit� round will see all orders matched by the system.

Users can place orders up to their remaining trading quota (cap) in HT as stated above.

The 2nd round trading quota = all trading quota � cost in the 1st round;

Once the trading window has ended, the system will match all price limit orders as follows:

(i) All orders at the highest buy price will be filled partially;

(ii) Amount filled is positively correlated to the size of the order;

(iii) Order amount expected to be filled:

Schedule and Allocation:

Price Limit Rounds: 20:00:00 August 15,2019 to 20:29:59 August 15, 2019 (GMT+8), divided into two rounds, each round will last 10 minutes, with a 10 minute clearance period in between.