There have been coin friends asking about HECO. I have asked my friends and students from Huobi in the United States about this. They are all former staff members of Huobi. My students were responsible for the operation of Heco. The assets on this chain cannot be withdrawn, so we can only assume that they are gone.
Let me talk about the history at the beginning.
The earliest exchanges did not have their own public chains. The first to come out was Huobi's Heco. At that time, it was very well operated. Various dapps such as mdx were good, and the gas fee was very low, better than Ethereum. At that time, it was OK to rush the local dog, which is what many people now call the first level (in our investment community, this is not considered the first level, as long as it is listed on dex and cex, it is the second level). At that time, I rushed a dog's local dog and got 778 times. There are also many snake coins, pig coins, ham moon landing, safemoon, etc. Too many, all of which are ten times the bottom and a hundred times the start. Later, Huobi launched an algorithmic stablecoin, directly cutting leeks, and also cut leeks with mdx (heco's dex). Everyone thinks Huobi is too rubbish, and coupled with operational problems, heco has declined! Later, another public chain cute was developed in the United States. I was going to get private placement, but after careful consideration, I was glad that I didn't invest, otherwise I would have lost money! Now Huobi has no decent public chain.
While Heco was developing vigorously, OKX was also developing a public chain. It invested in several private placements and lost all the money. The project was dead. In 2023, OKX had its own public chain, but it was out of date. It was good to make ten times the profit, and it was easy to be cut!
BSC, that is, Binance's public chain, came out relatively late, later than the other two exchanges, but the operation was the best. Cake vxs and other local dogs on the chain at that time also had many high multiples. The current BEP20 is the original BSC, so if you tell me BSC, I know you entered the market in the last bull market, and if you say BEP, I know you are a novice.
After so much, Binance is the most stable exchange, and it is also the reason why I switched from Huobi to OK after experiencing so many ups and downs, and finally only stayed in Binance.
Many great people and great things are just a flash in the pan! Only by lasting for a long time can we live forever, and the same is true for our transactions.