CFun embraces Hangzhou Blockchain Industrial Park and settles in Dream Town

On June 12, Hangzhou Future Science and Technology City in Zhejiang Province announced the first batch of blockchain projects that passed the review in Hangzhou Blockchain Industrial Park in 2018. A total of 19 outstanding projects stood out in this selection. After that, these enterprises can settle in the Blockchain Industrial Park and enjoy policy benefits. Qualified talents within the enterprises can also receive corresponding subsidies. It is understood that the participating projects cover various fields, from infrastructure to underlying technology development, platform construction, to security protection, industry applications, and blockchain industry service agencies such as media communities. CFun, as the world's first two-dimensional blockchain landing project, is among them. It is reported that the project parties are currently in the site confirmation stage. After the site is confirmed, the relevant procedures will be handled and it is expected to be officially settled in July.

(The information comes from the official WeChat account tweet of "Zhejiang Hangzhou Future Science and Technology City")

Hangzhou Future Science and Technology City is one of the four major future science and technology cities in China (Beijing, Tianjin, Hangzhou, and Wuhan). More than ten years ago, there was a piece of farmland here, but now it is full of high-rise buildings, carrying the dreams of tens of thousands of young people to start a business. For a long time, this science and technology city, which aspires to build the "Silicon Valley of China", has attracted high-level overseas talents and the industry has developed rapidly. This year, it has frequently released "big moves" and attracted the attention of countless blockchain entrepreneurs across the country.

The establishment of the "China Hangzhou Blockchain Industrial Park" is a big surprise. On April 9, 2018, the heads of relevant departments such as the Zhejiang Provincial Political Consultative Conference, the Standing Committee of the Hangzhou Municipal Party Committee, the Hangzhou Association for Science and Technology, the Yuhang District Party Committee, the Yuhang District Political Consultative Conference, and the Future Science and Technology City Management Committee, Yao Yongjie, Chairman of Tunlan Investment, Li Xiaolai, founder of INBlockchain, Yu Wenzhuo (Laomao), co-founder of INBlockchain, Kong Jianping, co-chairman of Canaan Creative, and other blockchain industry experts and other corporate representatives attended the Hangzhou Blockchain Industrial Park press conference. At the launch ceremony, Yao Yongjie, Chairman of Hangzhou Tunlan Investment, announced the establishment of the Xiong'an Global Blockchain Innovation Fund, with a total scale of 10 billion yuan, and Xu Xiaoping as the fund consultant. At the same time, the Xiong'an Fund Management Company, with Li Xiaolai and Lao Mao as managers, was established to participate in fund management. As the first city to write blockchain into the government work report, Hangzhou intends to build a first-tier blockchain city. In this environment, the development of the Xiong'an Global Blockchain Innovation Fund has a solid foundation.

On May 25, the “China Hangzhou Blockchain Industrial Park Policy” document was leaked online, showing that in order to attract high-level talents and high-quality companies in the blockchain field, the Hangzhou Blockchain Industrial Park has provided a variety of preferential policies such as housing subsidies, equipment subsidies, innovation voucher subsidies, cloud services, and fund support.

This time, CFun participated in the review and applied according to the funding standards for start-up enterprise projects, which means that it can receive a maximum of 6 million yuan in research and development funding subsidies. So what kind of project is CFun?
(Product renderings, subject to actual conditions)
As the world's first ACG blockchain project, CFun uses the immutability of blockchain to confirm the ownership of works, relies on smart contracts and platform ecology to bring considerable income to creators, records every user's reading, commenting, liking and other behaviors on the blockchain, and uses tokens to reward user behaviors, creating the healthiest content ecology, and is committed to building an ecological community for global ACG content creation and trading. Mr. Jia Peijun, founder of CFun, said that the reason for participating in the selection is that Hangzhou has "four more" policies, capital, enterprises and talents related to the development of blockchain, and is very optimistic about the Science and Technology City, a hotbed of innovation and entrepreneurship.

The government's promotion will lead to the influx of various resources such as funds and talents into the blockchain industry. It must be said that this is definitely a big boon to the development of the industry. CFun believes that after the Hangzhou Blockchain Industrial Park is officially settled, it will soon give everyone a satisfactory answer.

(Product renderings, subject to actual conditions)

As the world's first ACG blockchain project, CFun uses the immutability of blockchain to confirm the ownership of works, relies on smart contracts and platform ecology to bring considerable income to creators, records every user's reading, commenting, liking and other behaviors on the blockchain, and uses tokens to reward user behaviors, creating the healthiest content ecology, and is committed to building an ecological community for global ACG content creation and trading. Mr. Jia Peijun, founder of CFun, said that the reason for participating in the selection is that Hangzhou has "four more" policies, capital, enterprises and talents related to the development of blockchain, and is very optimistic about the Science and Technology City, a hotbed of innovation and entrepreneurship.

The government's promotion will lead to the influx of various resources such as funds and talents into the blockchain industry. It must be said that this is definitely a big boon to the development of the industry. CFun believes that after the Hangzhou Blockchain Industrial Park is officially settled, it will soon give everyone a satisfactory answer.

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