Under the epidemic | The attacking digital age——Blockchain events

Right now, the newest coronavirus epidemic is undoubtedly affecting the people across the country.

As of 2020-01-31 00:00 Source: Lilac Garden

Real-time outbreak query: Dr. Lilac

Since the outbreak of the new coronavirus-infected pneumonia outbreak, people from all walks of life have come forward and actively participated in aid operations. Among them, we have also seen many blockchain companies .

Business in action

According to incomplete statistics, 10+ blockchain companies have joined this love relay to help Wuhan, and love continues (the list of donations for some companies below).


Binance promises to provide RMB 10 million (US $ 1.5 million) to help people infected with the new coronavirus in Wuhan.

-Eurotech Group-

The Eurotech Group announced the establishment of a ten-million-level special fund to support the epidemic prevention work of the new coronavirus pneumonia. Purchasing materials worldwide


Huobi Charity, a subsidiary of Huobi Group, will donate RMB 10 million for the global procurement of medical supplies to support the epidemic prevention in Hubei. Early medical supplies have been delivered to Huanggang City, Hubei Province.


At present, nearly RMB 1 million has been raised, and related channels are being purchased to purchase masks, goggles, protective clothing, medical gloves and other medical supplies.

-Digital Asset Research Institute CIDA-

The Digital Asset Research Institute and Zero One Finance and Zero One Think Tank have formed a volunteer working group of more than 40 people, and have raised a total of 92,198 yuan in internal donations, and externally pledged 210,000 sets of masks and hundreds of medical devices.

-Golden Capital-

Jinyu Capital has launched a charity donation of “medical materials donation in Wuhan and surrounding cities”. As of January 24, the event has successfully raised about 20,000 USDT and has completed the first batch of medical materials procurement.

-Interest chain-

Hangzhou FunChain Technology Co., Ltd. decided to donate 100,000 N95 medical masks to Wuhan and complete the purchase to assist Wuhan in a short time.


MXC volunteers issued a total of 17,640 N90 / KN95 protective masks to the Red Cross Society of Hong'an County, Huanggang City, Hubei Province, the Red Cross Society of Shahekou District, Dalian, local public welfare personnel, and 1062 friends in need.

-Quantum chain-

Qtum Quantum Chain Foundation announced that it has donated RMB 200,000 to the Hubei Charity Federation for virus epidemic prevention and control.


The platform will donate 15 million yuan to purchase medical supplies to support areas with severe epidemics. The first batch of emergency procurement materials has been delivered, and follow-up medical protective materials are continuing.

-Tiger Run-

The Hufu Group has successfully donated RMB 250,000 to the Hubei Charity Federation for the purchase of medical supplies such as masks and protective clothing.


Cocos-BCX, the game digital economy platform, announced that it has donated 1,000 full-shield goggles to seven county-level hospitals in Hubei.

Overcoming difficulties and keeping watch. As a nascent force , blockchain companies have become an important force on one side and are practicing social responsibility with their own actions.

The development of blockchain companies is the result of the rapid development of the blockchain industry. In 2019, the blockchain industry has also gone through a course of ups and downs. The development of the industry is inseparable from the hard work of blockchain practitioners and the support and encouragement of the state. More and more people hold the vision of "technology to change lives", and look forward to more "blockchain +" applications landing, and apply emerging technologies to solve practical problems.

Industry is developing

1. Xi Da & Set off a wave of learning

On October 24, 2019, the Political Bureau of the Central Committee of the Communist Party of China conducted the eighteenth collective study on the development status and trends of blockchain technology. Xi Jinping, the General Secretary of the CPC Central Committee, emphasized during the study that the integrated application of blockchain technology played an important role in new technological innovation and industrial transformation. We must regard blockchain as an important breakthrough in independent innovation of core technologies , clarify the main attack direction, increase investment, focus on overcoming a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation.

Since then, a number of provincial and municipal leaders have spoken for the blockchain, and a wave of blockchain learning has been launched across the country.

2 National Policy & Accelerated Application Landing

In September 2019, the Yunnan Provincial Department of Finance jointly issued Alipay's first domestic blockchain electronic bill ; in December 2019, Bank of China launched the first domestic blockchain-based bond issuance system; combined with government affairs and people's livelihood on the blockchain On the one hand, there are smart cities built by Fuzhou City and Bitmain —— “City Brain”, and Suzhou ’s “Charity Guardian Blockchain Project”.

According to incomplete statistics, as of November 2019, a total of 12 provinces and municipalities including Guangdong, Zhejiang, Jiangsu, Shanghai, Fujian, Guizhou, Shandong, Jiangxi, and other municipalities across the country have issued guidance on blockchain . Shanghai, Hangzhou, Suzhou, Guangzhou, In order to attract more blockchain companies to settle in local industrial parks , cities such as Changsha, Chongqing, and Chengdu have even issued corresponding measures for the establishment of blockchain startups, business operations, high-level professionals, housing subsidies, and living subsidies. Supportive policies.

3 Standardize the market & increase control

On March 30, 2019, the State Cyberspace Office officially announced the first batch of 197 blockchain information service names and filing numbers. Since the "Regulations on the Management of Blockchain Information Services" was formally implemented on February 15, 2019, the State Cyberspace Office has organized the filing for the first time since the filing review was conducted. The network information department will follow up with the relevant departments to supervise and inspect the filing subject in accordance with the "Administrative Regulations", and urge the unregistered subject to fulfill the filing obligation as soon as possible.

In July, the CBRC issued the Guiding Opinions of the General Office of the China Banking and Insurance Regulatory Commission on Promoting the Real Economy of Supply Chain Financial Services to major commercial banks and insurance companies to standardize and innovate the supply chain financial business model, improve the supply chain business management system, and strengthen More detailed regulations have been made on financial risk management and control in the supply chain.

On November 22, the website of the central bank's Shanghai headquarters stated that it would increase supervision and control and crack down on virtual token transactions. In various places, including Beijing and Shanghai, special rectification of virtual token related activities was carried out, and non-compliant transactions were cleared. As a result, Binance's Shanghai office was also seized by police.

In 2019, China closed 6 newly discovered virtual currency trading platforms in China; blocked and processed more than 200 platforms whose servers operate overseas and are essentially domestically operated; frozen more than 10,000 electronic payment accounts; closed more than 300 Related WeChat Mini Programs and Public Accounts. Financial regulators in Beijing, Shanghai, and Shenzhen have also launched illegal investigations into virtual digital currencies.

4. Rapid Development & Industry Prosperous

1) Jia Nan Yunzhi listed on NASDAQ

On the evening of November 21, 2019, Jianan Yunzhi officially listed on the NASDAQ. The initial issue price of this listing was US $ 9, the initial supply was 10 million, and the fundraising amount was US $ 90 million. After Nanan Zhizhi went to the United States for an IPO, it also became the "first share of the global blockchain" and was the first domestic mining machine company to go public in the United States.

2) Blockchain 50 Index Release

On December 24, 2019, the Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. issued an announcement on the Shenzhen Stock Exchange 50 Index (the index is abbreviated as: Blockchain 50, index code 399286). The performance of related companies in the chain industry provides investors with a wealth of indexed investment tools. The base date of the index is December 31, 2012 with a base point of 1,000 points. As of the close of the index, the index point was 3155.03, an increase of 1.15%.

3) "2019 China Logistics and Supply Chain Industry Blockchain Application White Paper"

On December 3, 2019, the "2019 China Logistics and Supply Chain Industry Blockchain Application White Paper" was officially released at the "First Global Supply Chain Digital Economy Summit and 2019 China Logistics and Supply Chain Industry Blockchain Application Annual Conference".

5 Digital Currency & Pilot and Transformation

1) Bitcoin topped $ 13,000

On June 27, 2019, according to foreign media reports, on Wednesday local time, the price of bitcoin broke through 13,000 US dollars, close to 14,000 US dollars, hitting a new high in 18 months.

2) Central Bank Digital Currency

The history of China's central bank digital currency can be traced back to the Central Bank's Digital Currency Research Institute, which was established in 2014. The institute comprehensively elaborated the prototype and target of central bank digital currency in 2016, which did not attract much attention at that time. Until 2019, Libra triggered discussions on stablecoins around the world, central banks of various countries also accelerated the research plan of the central bank's digital currency CBDC, and the Chinese central bank is a well-deserved global leader. It can be seen from the central bank's many public mentions of the central bank's digital currency plan that the forthcoming central bank digital currency is a digital currency and electronic payment system (DC / EP). It is an alternative to M0, which is the digitization of paper money. The two-tier operation system maintains relative anonymity and technology neutrality. The goal is to build another currency and payment system parallel to the existing system. It is reported that in the near future, the four major state-owned banks and the three major telecommunications companies will pilot DC / EP in Shenzhen and Suzhou.

3) Digital currency replaces USD reserve currency status

On August 23, 2019, at the Fed's annual Jackson Hole Symposium, Mark Carney, the governor of the Bank of England, published a report entitled "The Growing Monetary Policy in the Current International Monetary and Financial System Grim Challenge. " In this speech, Carney presented a radical proposal to completely reform the global financial system, which will eventually replace the US dollar as a reserve currency with a Libra-like virtual currency.

6. Financial inclusion & decentralized future

1) Libra releases white paper

On June 18, 2019, Facebook announced the Libra plan to the world. Libra plans to rely on Facebook's social network covering billions of people around the world to create a convenient inclusive financial system for those who still cannot enjoy banking services. Libra is issued by anchoring the currencies of multiple sovereign countries, including the US dollar and the euro. The reserve will be managed by the specially formed Libra Association. Once the Libra plan was launched, it attracted the attention of governments around the world.

2) Bakkt contract started

On September 23, 2019, Bakkt, known as the bull market engine of the currency circle, went online. Unlike CME and CBOE, which only provide cash settlement, Bakkt provides physical settlement. After the contract expires, customers can actually get physical Bitcoin. Through physical delivery, theoretically, it can alleviate the volatility and credibility of Bitcoin. Improve the legitimacy of Bitcoin. The establishment of Bakkt represents to a certain extent that the entire US financial community has fully accepted the cryptocurrency market, and not only allows a few people to access the cryptocurrency, but also allows the entire United States to legally and compliantly invest in crypto.

3) DeFi dominates the future digital economy

2019 is called the first year of DeFi. The full name of DeFi is Decentralized Finance, that is, decentralized finance, which refers to the use of blockchain and other technologies to transform the current closed financial system into an paradigm of open financial infrastructure based on interoperable, programmable, and decentralized trust. DeFi can make the processes in the financial business more fair and transparent, and has certain advantages in preventing the subjective malicious behavior of the centralized subject.

4) Staking Economy

Staking refers to the incentive mode of the blockchain based on the PoS consensus mechanism. Users can exercise related rights and interests according to the tokens they hold, including holding currency for interest, collecting transaction fees, and dividends. The derived Staking Economy refers to the behavior of token holders to exercise their rights through pledge, voting, and entrusting tokens. The equity economy encourages token holders to actively participate in the blockchain network and ecological construction. , To create a win-win token economy for holders, project owners, and node operators. In 2019, PoS blockchain projects have sprung up. As of June 2019, among the top 20 tokens with a market capitalization, the number of PoS projects has reached 40%. ETH's consensus mechanism is also transitioning from PoW to PoS.

5) Cosmos mainnet officially launched

From the release of the Tendermint consensus algorithm paper in 2014, the completion of fundraising using Tendermint's cross-chain project Cosmos in 2017, and the official launch of the Cosmos mainnet on March 15, 2019. The realization of the dream of "connecting the chain to the chain" has waited for the entire blockchain industry for five years. The concept of cross-chain is once again popular among investors and the capital circle.

7 Risk Challenges & Constant Falls

1) Binance has been hacked

In 2019, according to incomplete statistics, the global assets lost due to hacking of hackers amounted to 500 billion yuan. In the 11 years since the birth of Bitcoin, this huge hacking migration has continued. The digital currency exchange is the largest capital pool in the currency circle, attracting hackers to come and steal coins. Binance and Coinbase exchanges have not been spared, and millions of people have lost trillions of dollars.

2) USDT plunges

On October 25, 2018, Bloomberg reported that USDT's main reserve bank, Noble Bank, was on the verge of bankruptcy due to the digital currency bear market. Subsequently, USDT suffered a panic sell-off, with a drop of 13%. In April 2019, USDT suffered another plunge. The New York Attorney General sued Bitfinex and Tether, claiming that Bitfinex and Tether were fraudulent. At the same time, it was also reported that at least $ 700 million of Tether was withdrawn from the reserve to make up for Bitfinex's trading losses. As soon as the news came out, USDT plummeted, and the over-the-counter price once fell from 6.94 to 6.77, a drop of nearly 2.5%. USDT, which has suffered several times of crisis of trust, also learned a bloody lesson: its market share has fallen from more than 90% to about 80% today, and there is still a downward trend.

3) Sun Yuchen refreshed about Buffett lunch

Tron ’s Sun Yuchen successfully bid for Buffett ’s lunch with the highest price in history— $ 4.66 million, but at the last minute claimed that he had been treated at the hospital due to sudden kidney stones, and canceled his meeting with Buffett ’s lunch, which aroused attention from all walks of life and widespread media coverage. Then Sun Yuchen tweeted that he was over-marketing and eager for hype, expressing his sincere apologies to the public, the media and regulators.

8Blockchain Games & Player Demand Empowerment

Games have always been regarded as one of the best landing scenes of the blockchain. Enabling games with blockchain and processing game art with technology. Chain tourism has become one of the important applications of blockchain +. The new development of the chain tourism industry is also an important manifestation of the rapid development of the blockchain industry. (Understanding Blockchain Games: Why Blockchain Games Are Needed )

Unique advantages of blockchain games

At the end of 17 years, Crypto Kitties was born. For the first time, the two elements of blockchain and games were combined to create a new gameplay.

The world's first blockchain pet breeding game [Cryptokitties]

In 2019, with the entry of new developers and game teams, the chain game industry has achieved new development-

1) The record number of the blockchain game

On March 30, 2019, the Cyberspace Office formally announced the first batch of registered blockchain product services. A total of 197 blockchain products were registered, including two game-related blockchain products.

2) The overall quality of chain games has improved significantly, and the types of games are diverse.

  • On April 11, 2019, Tencent's first domestic AR + blockchain mobile game "Let's catch a monster" was launched;
  • The placement chain tour is blooming: On May 17th, the EOS Three Kingdoms will be launched, and the domestic placement chain tour will be unveiled on the whole chain. On June 28, Crypto Sword and Magic will officially launch TokenPocket. In November, the Crypto Knights will officially launch EOS. Gameplay

Part of the game screen

  • On May 18, 2019, the new game Cheeze Wizards, made by the CryptoKitties team, will be available for pre-sale. Launched on the Ethereum mainnet on October 14. On December 3rd, the user with Twttier ID @ b1ackkett1e received Super Cheese (final prize) worth more than 700ETH.


  • In September 2019, the simulated city blockchain game "NeoWorld" was upgraded to 2.0. NeoWorld is a sandbox "life simulator": players consume raw materials, use electricity, and produce semi-processed materials to build various buildings. The core gameplay of NeoWorld 2.0 is about managing land and buildings.

3) The application scenario value of blockchain + games is recognized, and multiple game teams are favored by capital to obtain financing.

Some chain game companies get financing

4) The "2019 Chain Game Player Demand Report" was released, and player demand promoted the development of the industry.

On December 25, 2019, DegameLabs Chain Game Lab, together with Zhejiang University Blockchain Association, TokenPocket, and MEET.ONE, jointly released a questionnaire on "Game Player Demand Survey", based on the needs of chain game players and empowering the industry. (For details, please refer to the "2019 Chain Game Player Demand Report")

5) NFT (non-homogeneous token) began to take the stage

NFT fills the gap in crypto assets, bringing assets with independent value into the category of the crypto economy, and obtaining the protection of the blockchain (for a detailed introduction to NFT, see "NFF-the cornerstone of encrypted digital assets" ). Game props use NFT to represent the data form, which not only circumvents the centralized link of "value on the chain", but also enables free circulation, allowing game props to achieve the right and reuse of cross-scenario, cross-service, and even cross-game .

  • On June 7, 2019, the ERC-1155 agreement was officially released. ERC1155 is an NFT asset agreement proposed by Enjin for game scenarios;
  • On December 5, 2019, Microsoft and Enjin created the "Azure Heros" NFT. The blockchain gaming project Enjin has partnered with Microsoft Azure to leverage Enjin's technology to create a system Azure Heros that rewards active community participants.
  • On December 23, 2019, Binance launched a limited edition NFT based on ERC1155, which is also the industry's first batch of NFT assets to carry brand value.