Du Jun, Executive Director and CEO of Xinhuo & Founder of ABCDE: Xinhuo Technology and ABCDE will invest 100 million US dollars to support blockchain

On April 5th, it was announced that the Bitcoin Day summit, co-hosted by ABCDE, SINOHOPE (stock code: 1611.HK), and OKX Wallet, officially opened at the Regal Hotel in Hong Kong. Du Jun, Executive Director and CEO of SINOHOPE and founder of ABCDE, gave the opening speech.

Du Jun shared in his speech that although bitcoin and blockchain technology have been around for 15 years, many people still don't understand what they are. He believes this is because the blockchain industry has yet to produce a product as user-friendly as TikTok in the Web2 world, which is the original intention and reason for the founding of ABCDE. The original intention of ABCDE is to discover and support blockchain enterprises that can reduce the user threshold, promote the industry and the actual development of society, and enable everyone to enjoy fair and efficient finance.

Finally, Du Jun announced on the spot that SINOHOPE and ABCDE will provide 100 million US dollars to support blockchain startups, including 50 million US dollars for strategic projects in cooperation with SINOHOPE and 50 million US dollars for BTC L2 startups. The two wallet addresses will be announced on Du Jun's official Twitter account (@DujunX) on April 25th.