Conflux Token (CFX) is a coin of a public blockchain without permission, which, without sacrificing decentralization and security, reaches high TPS. It is universal, secure, scalable, smart contracts built in Ethereum can easily be transferred to Conflux, parallel chain building and governance taking place according to the principles of DAO are possible in it.

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Web3 in China – 4 – Hello Wat:

In this episode, our guest is Shi Han, the founder, and CEO of Hello Wat; an original metaverse IP ecosystem. With experience in global Web3 operation, Shi Han and his team returned to China mainland and created an IP based on Web3 technology. From permissioned blockchain to open networks, this episode covers various facades of Web3 in China.

Web3 in China Description: 

Throughout the years, the FUD in China regarding blockchain technology has been all over the place! ICOs are banned, crypto trading is banned, and mining is banned, so you might think that everything is banned and ask whether Web3 still exists in China. While it seems like the case to many, Web3 is alive in China, but slightly different from what you might think! China has always been pushing for the adoption of blockchain technology, just not fungible tokens like BTC or ETH. China wants to avoid yet another Bitconnect to take place. But Web3 doesn’t only consist of fungible ERC20 tokens but also non-fungible tokens like ERC721 or ERC1151, aka NFTs or digital collectibles. Digital collectibles are legal, regulated, and no different from any other NFT on any blockchain network in terms of decentralization or technology.

Web3 in China – 4 – Hello Wat:

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📹 Explore Web3 in China with our episode featuring Shi Han, founder, and CEO of Hello Wat, an original metaverse IP ecosystem. 

Discover how his team created an IP based on Web3 #tech and the various facades of Web3 in China

https://youtu.be/4lr4868vpSY