A Talk with Mr. Xianfeng Yang, Founder of 500.com Ltd, Advisor of DreamPlay

DreamPlayer
2 min readMar 25, 2018

Mr. Xianfeng Yang, one of the founders of 500.com Ltd, has been very positive regarding DreamPlay project and decided to invest this project personally. 500.com Ltd is the largest online sports lottery services provider in the People’s Republic of China, a pioneer in China’s online lottery industry, a complete online lottery sale business model. On November 22ed, 2013, 500.com Ltd went initial public offering at New York Exchange. Mr. Yang has years of professional experience and unique vision in the field of online gambling. Mr. Yang is currently board director of Kairui Real Estate LLC.

At the very beginning of booming internet, Mr. Yang saw the new development direction that online gambling could bring to the business, from land-based casinos to internet-based gambling websites. In the year of 2005, Mr. Yang, who was the CEO at 500.com Ltd at that time, brought the company flag to the South Pole. He was trying to tell the world they will change the lottery industry and he surely did. After years of hard work, 500.com Ltd finally went public in the United States in 2013. Now, the blockchain technology attracted Mr. Yang’s attention again. “It is another opportunity for the gambling industry to reform since the appearance of Internet. DreamPlay team will put online gambling and blockchain technology together. I’m sure this will bring a big shock to this industry.” Mr. Yang said.

Using blockchain technology, the issues of traditional online gambling can finally be eradicated, as the decentralized ledger provides a way to solve the trust issues between players and the online gaming websites. Also, if players can withdraw and deposit via cryptocurrencies, it will shorten the payment processing time and save around 80% of payment channel costs.

“This is the perfect investment opportunity, I trust the huge profit resides in gambling industry, I also believe that blockchain technology will change the world again.”

DreamPlay, the first licensed gaming platform on block chain, aims to build a world-class blockchain based gambling platform, which will include but not limit to DreamPlay official gambling apps and a Play-to-Player customized betting in an open Eco-System, which provides developers to run their own applications on DreamPlay platform.

For more information, please visit

Official Webiste: https://www.dreamplay.io/

Official Telegram group: https://t.me/dreamplay

Facebook: https://www.facebook.com/dreamplay.official/

Twitter: https://twitter.com/dreamplay_io/

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