NEO, often known as the “Ethereum of China”, is an open network for decentralized applications. Mr. Da said, among all DApps in NEO community, the most popular ones are decentralized exchange applications, and gaming applications will be “huge” on blockchain.

Some highlighted quotes from Da Hongfei

👉“We have 1 million user now.” “We have many applications, I think the most popular one is decentralized exchange. There is a working one called Switcheo and two upcoming decentralized exchange DApps. ”

👉“I think every public chain is competing with each other, but this industry is very interesting, because everything is open-sourced, so even the competitors have some new design or technology that we can learn from. Competition is welcomed.”

👉“The US market is more heavily regulated, all the exchanges here are licensed. In China, it’s different, centralized exchange or exchange venue is prohibited in mainland China, but in other asian countries, for example in Japan it’s also licensed. In South Korea, people are crazy about trading tokens, and they are not regulated right now. It’s complicated.”

👉“The best way (for educating the massive population about blockchain) is to find out the killer app that can help everyone, to make your life better, so that’s the best way to educate the general public.” “I trade once a year.”

👉“Give people tokens and find the killer app to educate the general public.”

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