TRON 4.0 Online Conference: Kevin Hsu — Founding Partner of Block VC: The Era of Great Voyage and the New World of crypto investment

Hello, everyone! I’m Kevin, the founder of block VC. This is a leading Blockchain investment and crypto asset management firm and our slogan is to bring Blockchain into the mainstream. We have a portfolio of more than 160 projects and over 200 million assets under management and now, we have offices in Beijing, Toronto, Tokyo, and San Francisco. So now, when we’re talking about the asset, there are three trends we cannot even know.

Trend one, this is a new also set for the grande portfolio. So this is recognizing that this institution demand — as a new asset. And many offices hedge funds and some other stake investors are thinking seriously about investing in the crypto asset. On the one hand, so the currency is less than 300 billion U.S. dollars.

When compared to gold stocks, bonds, this is very small. On the other hand, actually, crypto-asset plays a very important role in global micro-economy. Take bitcoin as an example. Bitcoin is a very good risk hedge instrument.

So from the data source of the scale, hedging U.S. China, we can see that bitcoin in the market in the last year and the data has better performance than code bond— Japanese Yen and SwissFrank. So it means there are different ways to use it to hedge risk in the whole global bank.

Trend two, actually, there is a transition from A analog to value world to A digital value world with minimal reliance on the existing financial service infrastructure.

And because actually, this is from the core long-standing conversion about how banking works. Well, fundamentally change due to the public. Like bitcoin — and (inaudible) actually, they are challenging the previous stories starting availability of open-source, public, autonomous and global accessibility to the financial sediment infrastructure.

So the centralized finance is most popular topics in the most recent months. Decentralized finance application is good on public trends like — TRON network. You have to realize that the organization, as management lending and bitcoins. This way actually,s this way from open finance exists in the digital world has the challenge to the analog value.

Trend three, we know actually Blockchain reshapes financial infrastructure in developing countries. It’s very backward and inefficient. Over 1.7 billion people, the total percent of the global population have no bank account by the end of 2020, almost 71 percent of the people have mobile bank devices.

It means that the race of mobile banking, lending and payment services based on Blockchain technologies. To deliver as a another example. So the vision of Libra, that imposes billions of people and the impact OFL Libra increases the expectation of Blockchain to the history goal, high point in the last year.

So when we are talking about the investment in Blockchain era, we are always focusing on the massive adoption. So without sustainable and scalable applications, it is very hard to capture the value from utility and expansion.

So from the latest cycle of bitcoin and Blockchain, we found that DeFi, web 3.0 and Stablecoins are sent out.

So first, let’s talk about DeFi. The so this is a very good way to accelerate the massive adoption of open finance. Decentralized finance as grown to become one of the main applications of Blockchain such as this and TRON network. This open finance issue is by nature — DeFi applications are almost exclusively used and TRON network. So the whole crypto world is on tokens and points is naturally featured the mechanism of decentralized finance. So from the data we can see the total value in DeFi is almost around 2 billion dollars and under one-third of the dominance is from Hong Kong.

The next web 3. So the vision of web 3 is to empower the consumers to contribute their own data. We believe that web 3 will become the next largest platform and many apps will enter the

market and replace the web two monopolies. Not only about that but we also hope to see the first part of that app that can achieve the market adaptation in the upcoming years. So when we compare web 2 apps and web 3 DApps. There are many ways that we can find the benchmark and competitive like broader storage, video and audio costs operating system, social network, messaging and remote job.

Elastic, actually, the reason why we want to discuss bitcoin independently because it makes this. The money is the biggest application in Blockchain. This is for the different kinds of simple coins and they have different kinds of qualities. The supply in the market has increased from 4 billion U.S. dollars at the beginning of this year to the current more than 9.2 billion U.S. dollars in which TRON based USDT contribute. In the last six months, the total trading volume of the Stablecoins enlarged by more than 300 percent, while the value of the per transaction is down from 60 percent from 24 thousand US dollars. So we have a higher frequency of transaction and the synergy between money and Blockchain use indeed this way decrease the expectation of the massive adoption of Blockchain and the global money based on the global Blockchain may be in the long run and dominated market.

So tonight, we can discuss a lot about chain 4.0 and we summarize the key points of TRON. So TRON is actually the first smart contract supported by a virtual machine and it has the TICP cross-chain protocol bridging the other two public chains for developers all other the world. This is the protocol bridging the other two public chains for the operators all over the world and it is also, for the initial institution and enterprise Blockchain empowering the institution to deploy and customize the application Blockchain.

So when we combine TRON 4.0 and our investment thesis, we can see that in these three investments, we can fund, the investment or incubation.

We have identified JUST and in the direction of web stream, we have BitTorrent, BTT and Dlive and in the Stablecoins, we have USDT.

In conclusion in the area of the era of Great Voyage. Think big, think long, three — e investment is moving to the next stage, DeFi, and 3 and STANL coins are the main investments and TRON, 4.0 out MIEZs the scalability, to accelerate the adoption of the TRON Blockchain pushing the boundary of the Blockchain technologies.

So this is the new world of crypto investment on the next page. This is my presentation, thank you so much

>> Moderator: Okay, thank you Kevin for his insights on the future. I hope Kevin can make more live streaming conferences and offer more advice and suggestions on investments to TRON supporters. So let’s go to the closing remarks, this has come to mind. TRON great VOE YAJ is exploration. From today on, the past is behind us and the future projects and lastly, the possibilities. TRON will move us forward like we always do.

Heartfelt thanks to each one of you who witnessed this historical moment with us. Now, I want to invite a few to type out TRON to the moon, TRON to the future, on the public screen to conclude today’s conference. Thank you to everyone who was joining TRON 4.0 and thanks to all of the guests for sharing today. Meet you in a new era, goodbye! Thank you.