Web3 Tycoon Dinner: Who do you recognize?
Shen Bo: A blockchain celebrity in China, co-founder of Distributed Capital, investing in several well-known projects.
VeChain: Reached a high of $0.27 in 2018, fell to $0.02 in April 2025, a decline of over 90%.
Quantum Chain: Once reached $100, only $2 in April 2025, a decline of 98%.
Nebulas: Nearly went to zero from a high of $13 in 2018.
Li Lin: Founder of Huobi Group (HTX), recently embroiled in controversy: Sun Yuchen accused Li Lin's brother Li Wei of receiving a large amount of HT for free in the early days and cashing out millions of dollars at a high price, Li Lin rebutted and is responding through Hong Kong legal channels.
- Someone on platform X accused Huobi of “screwing over investors” in 2021's contract trading, comparing Li Lin to a “scythe in the crypto circle”.
🌐Xiao Feng: Vice Chairman and Executive Director of Wanxiang Holdings, founder of Wanxiang Blockchain Lab and Distributed Capital. His incubated PlatON has attracted attention since its white paper release in 2018, but its price has fluctuated greatly, dropping from a high of $1.4 in 2021 to about $0.01 in April 2025, a decline of over 99%, causing dissatisfaction among investors.
Kong Jianping: Early core member of Canaan Creative, focused on Bitcoin mining machine manufacturing, profiting from hardware, not involved in tokens or ICOs. However, the company's business model is constrained by Bitcoin prices and mining demand, with stock price dropping from $9 on the first day of listing to about $1 now, a decline of over 85%.
Sun Ming: Partner and General Counsel of Distributed Capital, professionally recognized. Although institutional investments are influenced by market fluctuations and project successes and failures leading to “screwing” controversies, Sun Ming personally has no negative “screw” rumors, winning investors' trust through his steady professionalism.
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