Lately, I've been looking into Chinese cryptocurrencies, and I found some interesting things. NEO is often called the Chinese Ethereum—a platform for smart contracts with support from the authorities. There are two tokens operating there: one for governance and another for transaction fees. Honestly, a Chinese cryptocurrency with government backing is not a common phenomenon.

VeChain is a whole different level. It's a blockchain for real-world business, working with Walmart, BMW, and PwC. They track supply chains and fight counterfeiting. Plus, they have an eco-friendly approach (ESG). Now that's impressive—real use cases, not just promises.

Conflux is the fastest among Chinese blockchains, with 3,000 transactions per second. It’s also the only regulated public blockchain in China, which is quite rare. It integrates with traditional businesses.

Ontology focuses on data protection and decentralized identification. It’s used in healthcare and finance. It’s compatible with Ethereum and Polkadot, which is convenient.

Why even look at Chinese cryptocurrencies? After all the regulatory changes, real projects are starting to emerge there. Not empty promises, but concrete applications. And government support is no small matter. Of course, risks are always present, but these kinds of projects are worth monitoring. It’s better not to put all your eggs in one basket—diversification never hurts.