Many newcomers or seasoned investors forget the significance and harvesting projects of these major players in the dinner table discussions. Let me introduce them to you in a clockwise manner starting from the bottom left corner.
Chuhua Tiger, real name: Shuai Chuyuan, founder and CEO of the Metaverse project. Metaverse has emphasized itself as the 'Chinese version of Ethereum,' focusing on digital identity, asset mapping, notarization, and other ETPs, which are the native tokens of Metaverse. In 2017, following the ICO boom, its price soared. It once reached around $6 to $8, but later plummeted to below $0.05, a drop of over 99%. Shuai Chuhua has also supported other projects (like Bodhi BOT), most of which later declined, leading many to question him as one of the 'recurring promoters' in the industry.
Bao Er Ye, real name: Guo Hongcai, an early Bitcoin miner, involved in several high-profile promotions that ended in crashes or controversies, and has been accused by many of profiting at the expense of others. He initially promoted $GRC Gridcoin, but the coin's popularity and price quickly cooled. GEC (Global Environmental Coin) was classified by officials as a pyramid scheme, heavily reported by Chinese media at the time. Fcoin / Coin Reform Movement (2018) ultimately saw Fcoin collapse, with huge amounts of funds unable to be withdrawn. His notable rhetoric: Blockchain is the future; if you don't get in now, you can only buy the leftovers we leave behind.
Han Feng has a quantum background from Tsinghua University and was a visiting scholar at Columbia University, previously worked at Huawei, and is well-educated. He co-launched Yilai Cloud with Chen Rong (from Microsoft), focusing on the vision of a 'decentralized internet,' with a complex architecture that includes a main chain, side chains, computation layers, and DID. The project attracted significant attention in its early days and received support from industry leaders such as Jihan Wu, co-founder of Bitmain, and Da Hongfei, founder of NEO. Yilai Cloud (Elastos, ELA) was a major project that saw its price plummet: ELA reached a historical high of over $90 after its launch but later fell below $1 for a long time, dropping over 98%. Investors suffered massive losses and criticized it as a 'castle in the air' technological illusion.