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Someone in the community recently asked about Chinese cryptocurrencies, and I decided to share what I’m looking at in this sector. Honestly, after all the regulatory changes in China, projects with real use cases have started to appear there—not just empty promises.
NEO is often considered the Chinese Ethereum, and that’s not just talk. It’s a decentralized smart-contract platform that receives support from the government. An interesting feature is that it has two tokens: NEO for governance and GAS for transaction fees. That’s how the scheme works.
VeChain also deserves attention if you believe in blockchain for business. Their partners include Walmart, BMW, and PwC—no joke. They work on supply chain tracking, combating counterfeits, and green technologies. Real cases, not marketing.
Conflux is what I see as the fastest Chinese blockchain—3,000 transactions per second. Plus, it’s the only regulated public blockchain in China, which gives it extra weight. Integration with traditional business there is moving forward actively.
Ontology focuses on protecting data through decentralized identification. It’s used in healthcare and finance, and it’s compatible with Ethereum and Polkadot.
So why should you even look toward the Chinese crypto scene? After all the changes, a new cycle has started there: projects have real applications, and the government supports them. Of course, diversify your portfolio—invest in projects that solve something, not just promise the moon.