In February of this year, Li Guoqing bid farewell to Dangdang and announced that he had invested in the blockchain project “Crystal CRYSTO”. Today, the project’s token CSO has dropped from a high of 0.54 yuan to 0.15 yuan. It was found that the crystal blockchain of the main body of the CRYSTO project applied for a simple write-off in May this year. CRYSTO CMO Bai Jingjing responded that “the cancellation is to seek government support for a better city.”