The blockchain industry witnessed an explosive rise in late 2017 and well into 2018. But with all the hype around it, the industry is still in its infancy where underlying infrastructure is in development and more use cases are being explored.

Ella Zhang, CEO of Binance Labs, spoke about the current state of blockchain industry, the ecosystem, and how to identify promising blockchain projects in the midst of hype on the Main Stage at TechCrunch Hangzhou 2018.

Binance Labs is the world’s largest cryptocurrency exchange Binance’s venture incubator. Binance Labs recently launched a new $1 billion “Social Impact Fund” to support top blockchain and cryptocurrency entrepreneurs, projects, and communities.

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