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Honestly, I haven't looked at Chinese cryptocurrencies in a while, and they are performing quite well. I started to dig into them and found the following.
NEO is often called the Chinese Ethereum — a smart contract platform supported by the government. Interestingly, it has two tokens: NEO for governance and GAS for transaction fees. Sounds logical.
VeChain is in a different league — it's not just a cryptocurrency but a supply chain tracking solution. They have real partners like Walmart, BMW, PwC. They work with green technologies and fight counterfeiting. These are real cases, not just hype.
Conflux is the fastest blockchain among Chinese projects, with 3,000 transactions per second. Plus, it's the only public blockchain regulated in China. It integrates with traditional businesses, which is rare.
Ontology focuses on data protection through decentralized identification. It’s used in healthcare and finance. Compatible with Ethereum and Polkadot, so the ecosystem is open.
Why should you pay attention to Chinese cryptocurrencies at all? After all the regulatory changes, a new cycle has begun there. The key is not promises but real business cases with well-known partners and government support. I wouldn’t want to put my entire portfolio into them, but diversification into projects with real utility makes sense.