区块链赋能的信任机器,可实现的方面包括,区块链赋能是什么意思

⑴ Do I need to register a foundation to issue blockchain currency? What are the requirements?

Blockchain is a large-scale, decentralized economy realized by a set of technologies. Organizational model. Blockchain has attracted widespread attention because it has changed the original economic organization model in many fields. People are now exploring the application of blockchain in various economic fields. Essentially, they are also looking for ways to use blockchain to adjust or innovate the original economic organization methods of enterprises, industries, and regions, and to find new ways to reduce costs and increase profits. Regarding blockchain as an economic organization model, it can be extended downward to its implementation technology, and upward to its impact on social organization and social consciousness. It is easier to understand the complex social impact brought by blockchain.
Currently, currency issuance has been banned in China, but overseas policies are loose. However, companies engaged in blockchain technology will require the currency issuer to have a main company as a backing before they can cooperate. Therefore, most people working in the blockchain industry have registered a foundation.
Foundations can be registered in the United Kingdom, the United States, Cayman, Singapore, and even Malta. So what are the differences between these regions? The United Kingdom and the United States are now mainly non-profit foundations, similar to domestic social groups. There is no problem in simply raising money to avoid taxes, but it cannot do legal compliance by issuing coins; the Cayman Foundation is also called a limited partnership (ELP) , is composed of a general partner (GP) and one or more limited partners (LP). The cost of such a combination is bound to increase. It is currently chosen by some large groups such as Alibaba, JD.com, and Internet for listing; as for Malta , the policy is extremely unstable, and even payment collection is subject to Chinese sanctions, so most people are "daunted".
So now Singapore is still the central area where blockchain has settled. This is mainly due to Singapore’s relaxed economic environment and good policies. Registering a foundation in Singapore is first of all close to China. Any news can be promptly controlled. ; Secondly, non-profit foundations in Singapore are tax-free; thirdly, it is a popular choice, and many well-known token issuances choose to register a Singapore foundation first; fourthly, issuing tokens requires legal compliance, and Singapore has a very complete service system.
Information required to register a Singapore foundation:
1. Identity cards (scanned copies) of 2 registrants, no criminal record in Singapore, and over 18 years old.
2. Company name: ending with LTD., you can add FUND/FOUNDATION.
3. Registered capital: 1 Singapore Dollar, as stipulated by the government.
4. Company nature: public guarantee (non-profit).
5. Registration time: 10-25 working days.

⑵ What is NFT?

Simply put, non-fungible tokens, also known as NFTs, are proprietary digital assets. Therefore, no irreplaceable token is identical. Let us explain it this way, when we send 1 BTC to a user and receive 1 BTC, nothing changes for us. That's because every coinThey are all the same, making them fungible digital assets. NFT is like Leonardo da Vinci’s Mona Lisa. It's unique and that's what makes it valuable. There is no other painting in the world.

Each badge is basically an ERC-721 token that can be stored in the Enjin wallet and traded like any digital asset. Each badge is unique as it holds ownership and defines its future value.

To receive the Badge (ERC721) token, one needs to submit their candidacy and make valuable contributions to the Azure platform. After Microsoft Teams reviews "good work," members will receive a digital badge. The declaration can then be made by scanning the QR code.

This is just one way to obtain NFTs. Other NFT platforms such as CryptoKitties, WAX, and Qtum use different methods.

Conclusion

Fungible cryptocurrencies have proven their importance in the digital asset ecosystem. Non-fungible tokens, on the other hand, represent a potential opportunity to tokenize a tangible asset with a unique pedigree. All in all, NFTs will expand the scope of blockchain in the real world.

⑶ Singapore Blockchain Foundation MAS Filing

Singapore Blockchain Foundation MAS Filing
Singapore, as the largest financial center in Asia, has a strong commitment to blockchain and The highly liberal policy of virtual currency has become the most popular blockchain ICO project in the world.
What unique advantages does the Singapore Foundation have in doing blockchain?
Why do so many people like to register companies in Singapore? So what kind of companies do they sometimes register to do blockchain? The first company registered in Singapore is a public company, and the nature of the company is: Public Company Limited By Guarantee, CLG. It is different from ordinary companies in that it is non-profit and has no equity division. It is a public guarantee type. We generally refer to it verbally as a non-profit foundation. Most people's names will end with FUND or FOUNDATION, which means fund and foundation. The ending will look like this: FOUNDATION LTD./FUND LTD.
At this point, we basically understand why we do not register a domestic company but an overseas company. So why did we choose Singapore to register elsewhere? Like Malta, the United States, etc. In fact, Singapore has its own unique advantages:
First, it is close to my country, so it is easy to do anything.
Second, the government supports the development of blockchain, and many well-known blockchain companies are registered here, including Litecoin. Quantum chain and so on.
Third, marketMature, perfect post-service. Fourth, the price is reasonable and cost-effective.
Singapore Blockchain Foundation Registration and ICO Compliance
Singapore companies or non-profit organizations are registered and managed by the Singapore Accounting and Corporate Development Authority (ACRA), and the non-profit foundation category is Public

company limited by guarantee (Chinese literal translation: Public Company Limited by Guarantee).

The process is as follows:
1: The name of the blockchain foundation. Note that this is not an ordinary company. An ordinary company is named (PTE LTD Private Limited) as a public non-profit foundation

(FOUNDATION LTD)
2: Provide at least 3 members, one of whom is Singaporean (our company can provide)
3: Non-profit organization has a registered capital of 1 Singapore dollar and no share ratio ( Whoever is authorized to be the legal representative in the future can be authorized later)
4: Registered address
5: Guarantee by Xinfang’s lawyer and auditor
6: Xinfang’s secretary
7: Nominal member of Xinfang
Registration time
15-20 working days (if the name is too sensitive, the time will be slightly longer)
Registering the blockchain foundation is only the first step, the most important thing that needs to be followed is compliance. .
Legal opinions are required for listing on exchanges. Legal opinions are actually a general term, which includes more emphasis on white papers and token filings, private placement compliance, etc.


The white paper is equivalent to our ordinary business plan. After it is written, it needs to be revised by a professional Singapore lawyer to make it comply with Singapore's laws and regulations.
We write white papers for three main purposes.

First: Report to Singapore MAS, so you don’t have to worry about being investigated in the future.

Second: Convince investors that this company is legal and compliant, giving investors peace of mind.

Third: Needed to be listed on the exchange.

There is also TOKEN filing (non-securitization certificate filing), which is produced by Singapore lawyers to prevent MAS verification from the Monetary Authority of Singapore

⑷ Ten major advantages of SBLOCK Star Wallet compared to the market! sblock development The future of blockchain digital finance!

Mainstream currencies enter the market~BTC, ETH, LTC, The insured TOKEN is expected to be more than 50 times this year

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Top Ten Advantages of S BLOCK

The first is currently the lowest cost of opening an account. It only costs 10 US dollars to open an account. You can enjoy the bonus release by clicking on quantitative trading. There are no burns and the benefits are the same. It allows many grassroots people to quickly enter S-block, with a transaction rate of over 90% and strong community interaction capabilities.

The 2nd principal can be withdrawn and withdrawn at will, with no closing period and no coercive means. Fully open mode. A digital currency bank that is safer and more efficient than traditional banks.

Many platforms in the third market are also promoting high-frequency quantitative trading, but they rarely reveal their teams! Because not everyone can afford some high-quality quantitative trading teams! The platform is too small, has insufficient traffic, and does not have many fans. They will not choose it because the quantitative team only earns transaction volume, resulting in low income! Second- and third-rate teams invited by other platforms simply don’t promote them! Therefore, a high-quality quantitative trading team is a scarce resource in the blockchain! Our high-frequency quantification team is the best in the world. The first is the Wang Zhengkun team, which is the top team in China, and the second is the FU DN team from Wall Street. Operated by them, their past performance is very outstanding. The reputation in the industry is very good, and the team’s comprehensive capabilities rank among the top three in the world.

The fourth bonus is hematopoiesis, transparent and traceable. Many platforms are also promoting arbitrage and releasing bonuses, but they completely hide their tracking functions! Everyone has no idea how they moved the bricks? Where did you move the bricks? On which exchange do you trade? How to make profit? It is very likely that the platform itself releases the dividends. However, by clicking on quantitative transactions in the S-Block wallet, you can get an average monthly dividend of 8.5%. The difference is that quantitative trading is completely transparent, can be queried, tracked, and is clear at a glance! Why is there such a big difference? Because these two awesome quantitative trading teams are making arbitrage in the digital world with real swords and guns! This is our powerful hematopoietic function. Many friends who are not confident about the platform and worried about bubbles, you can now sleep peacefully and wait for the benefits that wake you up every day!

The 5th SBO platform currency has huge room for appreciation! It is expected to be more than 50 times this year! Moreover, the only channels for obtaining platform currency are the released bonuses and promotion commissions. It is just a different place to save money, but the results are beyond imagination!

The sixth implementation of application, this has always been a pain point of the blockchain, because many people do not think that digital currency is money and do not believe that it can be consumed immediately in real life, but this is S-Block The biggest highlight is that we have joined forces with Visa and MasterCard to issue the first digital credit card in the blockchain field. Our credit card limit comes from first, the platform currency of the account, and second, if you achieve a certain level in S-Block, even if Even if the platform coins are sold out, you will still have a credit limit. The most popular credit cards in the world are Visa and MasterCard. We can jointly issue a credit card with the logos of our three institutions. How awesome is our platform? ! At that time, we can consume wherever we want. If we don’t believe it, just show it to someone. We can make an appointment with anyone, drink coffee or have a meal, which will highlight the advantages of our platform! This alone will kill all wallets instantly!

The 7th offline ATM machine! S-block will send the first batch of ATM machines to the world in July. This machine is very powerful! You can exchange digital currency for digital currency, you can exchange digital currency for legal currency, you can also recharge digital currency, remit money, and transfer digital currency. As the number of fans in the community grows, there will be more and more withdrawal opportunities. By then, digital currency will just be common sense. That’s it, it’s no longer a new concept, but not all wallets can reach that point. Only S-block is laying out offline ATMs. When all wallets are circulating in the exchange, S-Block has quietly Occupy offline terminals!

Chapter 8: There are many traditional businessmen around us. They have entities and strength but are not interested in digital currencies. It doesn’t matter. This time our S-block has launched a Poss machine. Whoever has a business will have a store. You can install one and let him directly receive the income, and the business is booming. How can you tell whether he is still interested? In the field of digital currency, who currently has offline Poss machines? So for this alone, our S-block has been preparing for a long time. It takes several months for other platforms to add a function, but S-block is so powerful as soon as it goes online that it makes others unable to live!

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⑸ Blockchain issuance token Where is the best place to register a wallet for an overseas foundation?

Now that the blockchain industry is in full swing, a good platform can provide the market value of tokens. What preparations are needed to issue tokens? I won’t talk about technical support. This article focuses on the registration of the project’s main company. According to industry experience, Singapore’s public non-profit foundations can normally conduct ICOs and ICO platforms. According to local laws in Singapore, public non-profit foundations can Overseas projects do not need to pay taxes to the Singapore Inland Revenue Authority, and the Singapore Inland Revenue Authority will not tax local capital injections and investments.

1. Information required to register a Singapore public non-profit foundation:

Provide the name of the Singapore foundation: ending with LTD., you can add FUND/FOUNDATION;

Provide the ID cards (scanned copies) of 2 directors, and the other Singaporean director will be provided by our company;
Registration time: 10-15 working days;

Registered address: Singapore Fund The registered address of the meeting is provided by our company;

Registered capital: 1 Singapore dollar, no capital verification, no additional addition;

2. Legal opinion on legal compliance of Singapore foundation issuing token:< /p>

The main ones are white paper compliance and token non-securities compliance. First: the legal opinion is issued by a lawyer who has registered with the Monetary Authority of Singapore, so is it recognized by the Monetary Authority to prevent future supervision? . Second: Convince investors that this project is legal and compliant, so that investors can rest assured. (Proof of legal compliance of the project). Third: It is needed when accessing the exchange platform.

Issue project white papers and company documents required for issuing legal opinions.

⑹ Which exchange can nft be purchased on?

1.NET coins can currently be purchased through the OpenSea exchange.
2. OpenSea is currently the largest NFT trading platform, covering various segments such as digital artwork, encrypted collectibles, game items, virtual land, and domain names. In May 2018, OpenSea completed a $2 million seed round of financing from investors including Blockchain Capital, 1confirmation, Founders Fund, Foundation CapitalChernin Group, Coinbase Ventures, Blockstack and Stable Fund; in March 2021, OpenSea received a seed round led by a16z US$23 million in Series A financing, with participation from Cultural Leadership Fund. Additionally, Ron ConWay, Mark Cuban, Tim Ferriss, Belinda Johnson, Naval Ravikant and Ben Silberman and many other angel investors also participated in this round of investment.
Extended information
What is nft
1.NFT is a non-fungible token, which refers to a unique blockchain project with blockchain management rights. For example, collections, game items, digital art, event tickets, domain names, and even ownership records for physical assets. It belongs to the category of blockchain. The digital cryptocurrency of blockchain is divided into two categories: native currency and token. Native coins are the familiar Bitcoin, Ethereum, etc. Tokens are attached to the existing blockchain and are divided into two types: homogeneous and non-homogeneous tokens. NFT is the latter. . Non-fungible tokens are indivisible, irreplaceable, and unique. For example, skins, unique domain names, QQ accounts, etc. purchased for playing games have a certain value and are unique and indivisible. These assets can be regarded as non-homogeneous digital assets.
2. Theoretically, NFT can be anything digital: a sound, an image, a piece of text, a prop in a game, etc. Its application range depends on people's imagination. At present, it is most widely used in the field of art. For example, the most famous American digital artist Mike Winkelman sold a JPG picture with a transaction volume of US$69.34 million, which is equivalent to approximately 449 million yuan in RMB. This is to use the uniqueness, scarcity and indivisible characteristics of NFT to make it a unique thing for copyright registration and help it identify patents. In the United States, more and more mainstream artists have tied their works to NFT.

⑺ "Blockchain's Road to Asset Digitization" epub download and online reading, please ask for Baidu network disk cloud resources

"Blockchain" (Andrea Andreas M. Antonopoulos) e-book network disk download for free online reading

Link:

Book Name: Blockchain

Author: Andreas M. Antonopoulos

Translator: Lin Hua

Douban score: 8.5

Publisher: CITIC Press

Publishing year: 2018-4-1

Number of pages: 376

Introduction:

Want to join this technological revolution sweeping the world’s financial industry like a storm? "Blockchain: The Road to Asset Digitization" is your guide to the seemingly complicated world of Bitcoin. It provides you with the necessary knowledge to enter this monetary Internet world. Whether you're building the next killer app or investing in a startupBusiness, or simply curious about technology, this practical book is a must-have.

Bitcoin, the first successful digital currency, although still in its infancy, has already brought economic effects of billions of dollars worldwide. This economic activity is open to anyone with relevant knowledge and enthusiasm. "Blockchain: The Road to Digital Assets" will provide you with the necessary knowledge (not including enthusiasm).

This book includes the following:

●A broad introduction to Bitcoin—ideal for non-technical users, investors, and business executives.

●Technical Foundations of Bitcoin and Cryptocurrencies - Tailored for developers, engineers, and software and system architects.

●Detailed introduction to relevant details such as Bitcoin decentralized network, peer-to-peer architecture, transaction life cycle and security principles.

●The development of forks based on Bitcoin and blockchain, including alternative chains, alternative coins and alternative applications, etc.

●Illustrate key technical concepts through user stories, elegant analogies, examples, code snippets, and more.

About the author:

Andreas M. Antonopoulos

A well-known technical expert and serial entrepreneur, Now he is one of the most famous and respected figures in the Bitcoin circle. He is also an accomplished public speaker. He began giving Bitcoin-related speeches in public in 2013 and quickly became the most famous speaker in the industry. So far, he has conducted 75 TED-style conversations in the United States, Brazil, New Zealand, the Czech Republic and other countries, and the response has been overwhelming. He is also a best-selling author, and his books, such as "Monetary Internet 1&2", have long been at the top of the best-selling list.

Translator Introduction

Lin Hua

Chartered Financial Analyst, American Certified Public Accountant, and Certified Risk Manager.

Currently the president of China Asset Securitization Research Institute, chairman of Shanghai Heyi Financial (cn-abs.com, fundadmin.com.cn), PPP targeted invitation treasury expert of National Development and Reform Commission and Ministry of Finance, China Expert consultant of the Asset Securitization Business Professional Committee of the Securities Investment Fund Industry Association, independent director of Industrial Bank, and independent director of Zhongyi Asset.

Guohe-Yale Global Leadership Program Mentor, part-time professor at Nankai University and Southwestern University of Finance and Economics, visiting professor at Xiamen National Accounting Institute, editorial board member of the Central Bank's "Financial Accounting", and rotating chairman of the Blockchain Joint Development Organization .

Author of "New Financial Pattern: Breakthroughs and Innovations in Asset Securitization", "China Asset Securitization Operation Manual", "PPP and Asset Securitization", "FinTech and Asset Securitization" and "China REITs Operation Manual" , translated into "Global REITs Investment Manual", "REITs Investment Guide", "Blockchain: Technology-Driven Finance" and "Business Blockchain: Turning on Encryption""New Economic Era", "FOF Investment Manual", "Fund Affairs Management Guide", "Hedge Fund Management Guide", "Financial Industry Controlled by Artificial Intelligence".

⑻ What are the methods of blockchain investment?

The underlying logic of blockchain (Blockchain) is to store information in a joint competition accounting method. It can be understood as a ledger that records digital asset transactions and cannot be tampered with by anyone without permission.
Blockchain is the basic technology of digital currencies such as Bitcoin, and it is currently the only technology that has been applied for monetization.
Now that digital currency transactions have been closed in China, the vitality of established companies that were doing well in the country has been severely damaged. Some units with overseas backing have started to rise, such as Binance, which is now the most popular.

⑼ Hearsay, what is Token Fund?

I was "beaten" in the community yesterday. Someone in the activity group asked who is DIPC's token fund? Then the little DIPCs in the group were confused and asked what the hell is a token fund?

I am also undercover in the group, and my identity cannot be revealed. When I saw these messages, I was a little confused, and then I hurriedly looked for information so as not to cause a group to start. Attack it.

In fact, there is no particularly accurate definition of Token Fund. Generally speaking, Token Fund is not special and is simply regarded as a fund for token investment. The investment targets have changed, from traditional capital markets such as equity and securities to digital assets (equity, commodities or foreign exchange); and the transaction process also moves through various trading venues, ICO platforms, over-the-counter channels, personal channels, etc. Therefore, this question can be understood as who is the investor of DIPC, which also generally refers to "digital asset investment fund".

Hearsay about Token Fund

Compared with traditional VC funds, Token Fund, as a new thing, has attracted the attention of the industry since its debut. The early ICO in the industry prompted the blockchain industry to grow wildly. A large number of blockchain projects emerged, and it also drove a large number of "agent investors" to develop in the direction of Token Fund.

Counting from the first half of 2017 when Token Fund emerged, there have been many entry attitudes. Some investors first use their own money to test the waters, set up small Token Funds, and invest in some projects to gain knowledge and resources. On this basis, we will make equity investments in parallel.

So, the Token Fund 1.0 era happened in 2017. With the popularity of digital assets, Token Fund was once known as "an institution that can make money while lying down". Even the development trend of many traditional VCs has turned to the establishment of Token Fund to conduct Token investment.

The incentive mechanism of Token Fund is different from that of VC. The operation of a project involves both investment managers in the primary market and traders in the secondary market, as well as some middle and back-end personnel such as risk control, Asset managers, etc. In the early stages of development, there is a big difference between Token Fund investment and VC due diligence. At that time, the industry was growing wildly. When you hear about a project, you may only have a few days to decide whether to invest, otherwise there will be no quota. Therefore, when investing, you must control investment risks as much as possible, including asset liquidity risk, security management risk, time risk, etc.

However, the market has now entered a bear market, and the first-line Token Funds that emerged during the reckless period began to close their investments and enter the resumption period. With the skyrocketing price of cryptocurrency, Token Fund, which focuses on cryptocurrency investment, has gradually emerged in the public eye.

So, compared with traditional VC funds, what is the development history of Token funds as a new thing? What opportunities and challenges are you facing? How will its future develop?

In 2017, in the Token fund 1.0 era, it can be said that you can make money just by lying down, whether it is a blind investment or a follow-up investment, you can pick up the money casually.

This round of bear market is a test for project parties and Token funds. Not everyone can survive, which has caused the current investment dilemma. "Investment means loss, investment means being trapped." .

But this is not a bad thing for the industry as a whole. The bear market is the best touchstone, which can purify the market, squeeze out bubbles, and allow the blockchain industry to develop more healthily. People who have not experienced the bull and bear market do not have a deep enough understanding of the blockchain. The industry's cold winter is not only a test of survival, but also the beginning of evolution, from blind all-in to rational shrinking of the camp.

Token Fund, which was born in the super bull market of the past, is going from "making money while lying down" at the beginning to "digging for gold in the sand", and the bubble under the myth of wealth creation is being squeezed out bit by bit.

The cold winter of Token Fund is still fresh in my memory

Talking about blockchain is always exciting, and it is already only 3 o’clock in blockchain. 3 o'clock blockchain, this term originated from the WeChat group founded by Yu Hong, the former head of 360 Games in February this year. Since the group was first established at three o'clock in the morning, it was namedIt is the "3 o'clock sleepless blockchain community". In this WeChat group, known as the No. 1 blockchain information group, there are Sequoia Capital Shen Nanpeng, 360 Chairman Zhou Hongyi, angel investors Cai Wensheng, Xue Manzi, Fenbushi Capital partner Shen Bo, and even Gao Xiaosong, Stars such as Tong Liya, Lin Yoona, and Han Geng. It was this group that was established by chance and has been often mentioned by people in the blockchain circle since then. And 3 o'clock in the morning seems to have become a label for the tense rhythm of this circle.

In addition to high tension, the rapid accumulation of wealth is another hallmark of this circle. Almost at the same time as LD Capital, Fenbushi Capital officially incubated the digital asset investment fund BKFUND, which currently invests in more than 30 projects around the world; NEO Global Capital ("NGC") was also established in 2017, including NGCFund and NEOEcoFund. The overall size of the fund is approximately US$500 million. In addition to BKFUND and NGC, from the end of 2007 to 2018, a number of Token Funds were established successively, and the industry entered a stage of large-scale explosion.

Token Fund invests in Ethereum or Bitcoin to the project party, and then obtains various Tokens issued by the project. After these Tokens are logged on the exchange to realize secondary market trading, the Token Fund will be sold on the exchange. The tokens originally obtained are exchanged for general tokens such as Bitcoin and Ethereum, thereby realizing the withdrawal of investment funds and obtaining profits. However, since some overseas projects require U.S. dollars for investment, some Token Fund fundraising ends will also reserve U.S. dollars. However, these projects will still be carried out in the form of Token when they are settled and exited.

According to senior executives of DIPChain, DIPC’s Token Fund comes from a well-known investor, but the highest stake is from capital consortiums such as Iran, Japan, and Persia. DIPChian has a large amount of USD reserves as initial capital.

The choice of investing in U.S. dollars or Tokens depends on the project team. At present, most project investments are mainly in US dollars (mainly equity investments), or mainstream tokens such as Bitcoin and Ethereum, but there are also some projects that accept small currency investments from partners.

Some project parties accept all currencies and then convert them into US dollars immediately; there are also teams that hold ‘Token’ for a long time, mainly because they are optimistic about the future appreciation space.

Why is Token Fund a mixed bag?

For profit-seeking purposes, coupled with the low threshold and short fundraising cycle of Token Fund itself, more and more people are entering. ToTokenIn the Fund army, the era of mixed good and bad has also begun.

When it comes to Token Fund, many people like to compare it with traditional venture capital (i.e. "VC"). However, many Token Fund practitioners admit that TokenFund is still a long way from traditional VC. Not a short distance.

In addition, Token Fund also faces considerable compliance challenges in terms of Token management.

Traditional VC has a compliance framework, but Token Fund is now more like crossing the river by feeling the stones. Token Fund investment needs to be transferred from the wallet to the exchange and to each account to complete some operations. Because all addresses involved in the exchange are anonymous, LP cannot monitor the actual investment situation of Token Fund, which involves fraud. There is a possibility that the transaction information provided by the fund management team is inconsistent with the actual transaction information, but it is difficult for the LP to find out.

In fact, in recent years, many traditional VCs have transformed into Token Funds, even though the asset supervision and liquidation of Token Funds are difficult; as well as the valuation logic of blockchain projects and the valuation of projects by traditional VCs There is a huge deviation in logic. At present, most Token Funds are difficult to value mainly from the aspects of project type, market conditions, and project development stage.

Most Token Funds were born on a large scale with the bull market from the end of 2017 to the beginning of 2018. But the good times did not last long. Since the beginning of the year, the bear market has lasted for nearly 8 months and has continued to decline. Prices in the primary and secondary markets have seriously inverted, and a large number of Token Funds have fallen into a loss situation.

At the same time, some tool products and blockchain service providers have also been affected. The platform Hotnode, which was born based on the development needs of Token Fund, was deeply touched. The industry is in a bear market, and investment institutions have slowed down their investment pace and put forward higher requirements for finding high-quality project sources and management. According to Wang Mingyuan, Hotnode mainly helps Token Fund solve pain points in its development, such as confusion in the investment process, inefficient management, lack of professionalism in process supervision, vague exit strategies, lack of high-quality project sources, etc.

However, in the view of some Token Fund leaders, the bear market may mean new opportunities.

Just like the "thousand-team war" in the Internet field, the blockchain industry is also experiencing such a melee: many project parties are using blockchain to transform unsuitable industries.

There are indeed some companies that use blockchain to package themselves. They received investment during the bubble stage of the industry and their valuations were artificially high. But when the bubble bursts, such projects will be eliminated by the market.

What should a mature Token Fund look like?

First, the technology itself must be mature. Everyone is using blockchain, but they don’t feel it, so there is no need to mention it deliberately. When it matures, we should no longer mention the technology itself, but focus on the convenience and value that technology brings to us. Looking back at the development of Internet technology, this is exactly the case.

At the same time, Token Fund should become a more complex investment institution in the future. In addition to having the investment capabilities in the primary market, it must also link up with the secondary market and be able to provide ecological services and so on. In addition, its own compliance must also be completed.

The current overall situation of Token Funds is: capable teams strive to maintain investment in the bear market and strive to gain profits; most Token Funds will undergo transformation, decline or death.

Equity investment and Token Fund have coexisted for a long time. Token Fund is a new investment species based on digital currency. With the birth and development of the last wave of 1C0 hot market, there are currently thousands of companies in the country.

In theory, cryptocurrency investment is a subversion of equity investment, but currently it looks more like a supplement. Blockchain financing is affirmative finance supported by technology. There are no ABCDE rounds and no middlemen making the difference. The super liquidity brought by this new financing method has brought considerable impact to traditional VC in the past year. Currently, the biggest pain for equity VCs is liquidity obstacles. Lack of liquidity is a mechanism problem. 1PO approval is uncertain, primary and secondary market valuations are upside down, and there are illiquid assets everywhere. The exit problem makes investment and fund-raising difficult. Equity investment institutions will face difficulties in the next year. Facing widespread elimination and painful transformation.

In the future, with issuance compliance and transaction compliance, more and more equity investment institutions will test the waters of blockchain and crypto assets, and excellent Token Funds like DIPC will also learn from more The experience and logic of multi-equity investing. In the future, equity investment and Token Fund will coexist for a long time, influencing and complementing each other. It will be a state where you have me and I have you.

Some people say that 1P0 is like a grand wedding, and 1C0 is like an elopement. Although many people walk into weddings every day, and there are also many elopements, you can't stop people from yearning for beautiful things.