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#Chinese #CryptoStrategy
#IfYouAreNewToBinance
Here are some of the most prominent Chinese or China-affiliated cryptocurrencies, based on their origin, developer base, business partnerships, or adoption in China/Hong Kong:
🇨🇳 1. Neo (NEO)
Nickname: "The Ethereum of China"
Use Case: Smart contracts, digital identity, asset tokenization
Backed by: Chinese blockchain firms, government-friendly early on
Real-World Use: Used for digitizing assets and building dApps in China
🇨🇳 2. VeChain (VET)
Focus: Supply chain management and product verification
Partnerships: Walmart China, BMW, H&M, Chinese customs
Use Case: Tracking real goods (food, wine, pharmaceuticals)
Base: Originally founded in China, now HQ'd in Singapore but China-centric
🇨🇳 3. Conflux (CFX)
Claim: Only public blockchain compliant with China’s regulations
Partnerships: Shanghai government, China Telecom
Use Case: NFTs, Web3 ID, decentralized apps under regulatory framework
Real-World Use: Backbone for Chinese NFT and Web3 pilot programs
🇨🇳 4. Filecoin (FIL) (heavily mined in China)
Use Case: Decentralized storage
Chinese Role: Majority of early miners and hardware providers were from China
Real-World Use: Web3 hosting, archival data systems
🇨🇳 5. Phoenix (PHB) (Red Pulse Phoenix)
Focus: Market intelligence and financial data for China
Built on: NEO blockchain originally
Use Case: Delivering China-focused financial news and analytics
🔶 Other Notables
Coin Description
Ontology (ONT)Identity-focused blockchain built by NEO founders
BSV (Bitcoin Satoshi Vision)Popular in Chinese mining circles, though controversial
DODOChinese-built decentralized exchange aggregator
Fusion (FSN)Created by ex-CEO of Chinese payments giant Qtum, focused on cross-chain DeFi
💡 China’s Influence in Crypto
Even though direct crypto trading is banned for citizens, China remains a major force in:
Mining (especially BTC and FIL)
Hardware manufacturing
R&D and protocol development
Hong Kong's role as a regulated Web3 hub since 2023–2024
