Learn about the four major promoters of Filecoin/IPFS in China in one article

IPFS/Filecoin, which fascinates Chinese people, is inseparable from the support of capital and big Vs. Wu said that Blockchain believes that Distributed Capital, Bao Erye, Du Jun and Wang Feng are the four major promoters of IPFS/Filecoin in the Chinese world.

Such a high-level group of promoters includes the high-end and technology-oriented Distributed Capital, the down-to-earth Bao Erye, and Du Jun and Wang Feng who control the media. With their joint promotion, they have created the Chinese public opinion enthusiasm for IPFS/Filecoin, and the opposition voices seem relatively small.

But we must also be wary of the one-way support voice becoming too strong, so that the risk warning is relatively rare. Investing is risky, especially for this early project, the risk is doubled. In the next article, we will focus on some negative comments from well-known people.

1. Distributed Capital

Distributed Capital is undoubtedly one of the most powerful top investors in China's cryptocurrency industry. Its relatively elite professional background provides strong support for IPFS/Filecoin.

Distributed Capital was founded in 2015 and is the first VC in China to focus on blockchain technology investment. Distributed Capital founder Shen Bo, Wanxiang Blockchain Chairman and General Manager Dr. Xiao Feng, and Ethereum founder Vitalik are all early co-founders.

Distributed Capital is an early investor in Filecoin and has invested in the domestic IPFS mining pool 1475. Distributed Capital also invested in siacoin, the originator of POC storage coins. In addition, Distributed Capital has also produced some high-quality content for IPFS. Distributed Capital said that Polkadot and IPFS are the most concerned ecosystems this year.

2: Master Bao

Unlike Distributed Capital, Bao Erye is the most down-to-earth KOL in the cryptocurrency circle. Bao Erye has been promoting IPFS and Filecoin for several years, and claims to have participated in the private placement of Filecoin, "I am also at the forefront of Filecoin." Currently, almost every post on Bao Erye's Weibo promotes Filecoin.

Unlike the high-end approach of distributed capital, Bao Erye has undoubtedly attracted a large number of retail investors and leeks in the cryptocurrency circle and even the market circle. Some outrageous remarks that cannot withstand scrutiny have also attracted much attention, such as "Filecoin has sold 11 billion US dollars in mining machines alone", most of which are probably scam mining machines like Star Snail.

Three: Du Jun

Du Jun and Node Capital are undoubtedly the top investors in the cryptocurrency circle. In addition, Du Jun also owns Golden Finance, a first-tier traffic media in the cryptocurrency circle. Obviously, Golden Finance under Du Jun and Mars Finance under Wang Feng are working hard to promote IPFS/Filecoin through the media.

However, Du Jun also expressed some concerns: "We have invested nearly $5 million in IPFS, and the team is under great pressure every day." But not long after, ChainUP controlled by Du Jun and Node Capital jointly announced the establishment of a $20 million IPFS special fund, with the main investment targets including media platforms, computing clouds, mining machines, etc.

On the 29th, ChainUP, controlled by Du Jun, announced that more than 300 exchanges under its umbrella already support the FIL/USDT trading pair (should be futures), and will receive 1:1 token redemption after the mainnet is launched.

Four: Mars Wang Feng

Unlike Distributed and Bao Erye, Du Jun and Wang Feng are relatively late advocates of IPFS and Filecoin. Wang Feng's investment institution Consensus Lab said in 2018 that if there are any major currencies to emerge in the future, IPFS/Filecoin will definitely be one of them. Consensus Lab has invested in IPFS mining companies such as StarBit.

On June 11, Wang Feng's Mars Cloud Mining launched a pre-sale of 1,000T of Filecoin computing power, which was sold out in 12 hours. Mars Cloud Mining officials said that the 1,475 Filecoin computing power products on sale will be available starting from the launch of the main network. The early output per T is expected to be 0.15-0.45 Fil (conservative estimate), with a price of 1,999 yuan/T/year, and an annual income of about 10,000 yuan.

500% return, why don't you come and grab it? Mars official's aggressive return guarantee actually has a big problem. According to the current number one computing power, Spacetime Cloud, as the total computing power increases, the output per T may only be 0.08 Fil in 3-6 months. In addition, no one can estimate the price of Fil, and regular cloud computing power should not guarantee the return.

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