Baidu Launches First Native Blockchain-Based Knowledge Quiz App Duyuzhou

China’s largest search engine Baidu Inc. has launched its first native blockchain-based knowledge quiz application called Duyuzhou, which means Du Universe, yesterday. Duyuzhou will create a digital universe consisted of elements, gravitation, and planets, where users can obtain these elements by participating in the knowledge quiz. Users will be incentivized to create and expand their own planets, said Baidu. In the process of creating quality content and expanding its user base, Baidu plans to add many new features to the …

500 Startups’ Bonnie Cheung: More Blockchain Projects Should Focus On Solving Inter-Chain Operability And Privacy Issues

Bonnie Cheung, a venture partner at 500 Startups, has read hundreds of blockchain whitepapers to screen for a select few that the early-stage investment firm and seed accelerator chooses to back. As things tend to progress with hyper speed in blockchain compared to other industries, 500 Startups has invested in enough projects to solve "the scalability" issue in a matter of four to five months. For now, she wants to see more projects focused on solving the two other key …

SoundAI’s Chang Le: Voice-Controlled Devices Next Battlefield For Digital Traffic

China’s tech giants are waging a price war over smart speakers. But that’s ok with Chang Le, co-founder of Beijing-based start-up SoundAI, who sees it as a sign of market strength. Baidu just released its lower-end smart speaker Xiaodu at a special discount price of RMB89 (US$13.9), the same as Alibaba’s smart speaker Tianmao Jingling (Tmall Genie), and little more than JD.com’s Dingdong, which is selling at a discounted RMB79 (US$12). Chang says the price war is completely understandable because every …

Chinese Blockchain News Portal Mars Finance Secures Series A+ Round

At a blockchain industry conference held in Singapore today, Wang Feng, founder of Mars Finance, announced that his Chinese blockchain media start-up has raised a series A+ round financing. The round of financing was led by Ceyuan Ventures and Huobi Global Ecosystem Fund with a post-money valuation of RMB330 million (US$51.5 million).

Huobi To Fund Public Blockchain Project With 20 Million Huobi Tokens

In order to create its new public blockchain, the Huboi Chain Project (HCP), Huobi will fund a Huobi Chain Superhero Championship Program (HCSCP) with an initial investment of 20 million Huobi Tokens (HT), worth about US$100 million dollars. Huobi will also contribute a portion of its yearly revenue to the program, according to comments by a Huobi official to media outlet Cointelegraph.