Blockchain Pioneers Initiate “Bitsclub Vision Program” to Create Seamless Connection of Classical Industry and Blockchain

Blockchain pioneers has announced the launch of the“Bitsclub Vision Program”(“BVP”), representing the new journey for Bitsclub, the first angel club focusing on cryptocurrency, digital asset and blockchains in China. BVP aims to create a seamless connection between classical industry and blockchain and introduce new quality users to the blockchain industry thereby building a healthy industry ecosystem. The founders of BVP are formed by world renowned entrepreneurs and leading organizations of the blockchain industry who span the entire industrial chain.

On August 5, 2018, Hitters XU, founder of Bitsclub and Nebulas has announced the launch of the“Bitsclub Vision Program”(BVP) together with SB China Venture Capital (SBCVC) partner Dr. Ye ZHOU, Danhua Capital (DHVC) Dr. Yang YAN, Oneboat Capital Co-founder Chang LI and Odaily CEO Mandy Wang in Shanghai. BVP aims to create a seamless connection between classical industry and blockchain, by focusing on projects with stable users and mature business model, BVP hopes to explore for sound application fields of blockchain technology and introduce 100 million quality incremental users to the blockchain world.

In the past two years, the rapid growth of the blockchain industry has received extensive attention from classical industries which hope to upgrade their technology, transform business models, reward current users and revitalize existing traffic with the support of blockchain technology. However, the information asymmetry in the Blockchain industry pose a challenge and in turn leads to the issues of high cost for qualified projects to make the transformation, technical difficulties, low successful transformation rate, and more. Moreover, the majority of community members of blockchain are still token investors, while the long-term sustainable development of blockchain industry require quality users that apply for blockchain technology. In order to solve these problems, Bitsclub, the first angel club focusing on cryptocurrency, digital asset and blockchains in China, together with senior blockchain experts, investment institutions as well as industry media initiated the Bitsclub Vision Program.

The founders of BVP are formed by world renowned entrepreneurs and leading organizations of the blockchain industry who span the entire industrial chain.

Hitters XU, founder of Bitsclub, NEO and Nebulas, is a leading pioneer of China’s blockchain industry since its early stage. Dr. Ye ZHOU, a partner at SBCVC, leads investment in TMT sector, covering Internet, Enterprise Services, Fintech and Blockchain, etc. DHVC, founded by the renowned scientist Shoucheng ZHANG, aims to serve as a high speed bridge to connect China with the world in entrepreneurship and innovation. DHVC’s current assets exceed $500 million with focus on the areas of AI, AR/VR, Big Data, Blockchain, Enterprise Software and other disruptive technologies. Oneboat Capital, the leading cryptocurrency investment institution which focuses on early stage investments of blockchain, with phase I AUM of 200,000 ETH, has incubated and invested in over 50 blockchain projects. Odaily, a blockchain-focused media platform incubated by 36Kr, whose operations include news coverage, data provision, technology interpretation and in-depth analysis. Their vision is to build a comprehensive, technology-focused service provider for blockchain companies worldwide on top of the resources 36Kr offers.

In addition, guests present at the press release also included the co-founder of Atlas Protocol (ATP), Duran LIU; the founder of the renowned blockchain game engine Egretia, Peter HUANG; the Partner of Contentos, a decentralized global content ecosystem, Wenwei WU; as well as other honored guests.

Founding President of DHVC Professor Shoucheng ZHANG indicated,BVP will focus on high-quality projects with stable users and mature business models to promote to the development of blockchain technology, explore more application fields, and break through the barrier between classical industries and blockchain industry to promote healthy and sustainable growth of blockchain.

For more information about BVP, please visit bitsclubvp.io


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