Dr. Chen Liu on CoinChain Capital’s approach to blockchain acceleration

0:01I'm ashon Addison from event chain for investment pitch media and fintech News Network and today on blockchain interviews we have chenl co-founder and CFO of coin chain Capital Chen it's a pleasure to see you again happy New Year and welcome to the show happy new year thanks for having me Ashton you're very welcome uh let's talk a little bit about you know what's going on in 2019 for

0:23coin chain Capital uh if you could start by giving us a little bit of an overview of the company and what you're doing that'd be a pleasure to hear okay so coin chain you can tell from the name so we're doing the crypto and blockchain and then we're working um doing it in the capital world so coin chain basically do three things number one we provide uh business level uh blockchain

0:44Solutions so by blockchain solution I mean the full scale solution for companies so we work with companies in consumers in supply chain supply chain Finance um Asset Management tokenized asset uh gaming and lottery so that's number one number two provide uh the full Cy security token offering and Ico uh initial coin offering Services um number three because of what we do in number

1:08one and number two we've collected experience on industry level um so we're able to provide the blockchain middleware where we connect the dabs with different uh public chains for our consumers that's awesome that's great y sounds like you guys have a lot of different things going on on on your plate wonderful and what would you say different iates you guys from other

1:32blockchain advisory and Consulting companies um in terms of the actual business um we're doing the same thing um I talked with a lot of other blockchain advisory companies and we provide um same level of high quality service to our clients um I see two things we do different number one uh because both me and my partners background we have very solid business

1:55background um I I'm also a finance Professor I do a lot of uh strategic business Consulting uh my own experience working in the Capital Market so we understand the business part so other than uh just being a tax development company we help our business clients really understand how blockchain will help in their business straty in their daily operation so we make sure

2:19blockchains really helping them we will never sell uh just a technology we the full package solution so that's I see how we different um ourselves from other compan um and number two is our strong Asian tie so we have very strong we have over the years we've developed a very strong relationship with the Asian um investment Community uh recently the developer Community um so we have a full

2:45ecosystem we have a lot of friends over there um so that's how we're able to help um some of our clients locally here in North America or even South America um to get into the Asian Community that's great Chen and you know you're you're right uh it's actually very important to have ties to the Asian community and I I've spoken there a few times throughout 2018 and I noticed that

3:08they seem to be really far ahead there was a lot of companies being incubated and integrating with blockchain technology especially around southeast Asia and that's something that the North American people that are just focused just on North America they're really missing out if they're not getting into that Global audience right yeah yeah because the economies develop growing

3:26very fast over there and then they're very uh adapted to changes for sure embrace the new technology you got it and that's great and and I love that and that's allowing the crypto economies to grow even faster as well exactly yes that's great so when did you guys uh found coin chain capital and how many different companies are you guys working with or can you give us an example of a

3:51company that you guys are helping accelerate right now in the space okay um so we founded coin chain in early 2018 um it's actually 2018 and since then we worked with companies in different Industries so one of the exciting product we're currently working on is called ever botle forever and ever ever ball um so it's a crypto so we put um so we put the uh Brazil National

4:15Lottery onto the blockchain so think about it's just the traditional very traditional paper Lottery we put it on the blockchain by putting it on the blockchain we use Smart contract to automate everything um to ensure the full transparency the the total trust um in the in the sort of corrupted World in this Lottery um so that is the so that's the the the platform and then um

4:43currently um that the company that's renting the lottery is called Glasgow Global Group we call it GD or goog go I called it goog go because G um so they operate uh the Brazil National Soccer um lottery so by National Soccer lottery I mean um they signed exclusive contract with the soccer Federation the fusil uh Federation so that they can use the intellectual property of each soccer

5:08teams um on their lottery so when you look at different lotteries so different each one ticket can represent for team so fans of particular team can buy the the lottery of their their their their team the team that they support um in doing that uh 10% of the propit will go to the F so how this whole thing works it's we help them build this full uh platform the blockchain by itself so of

5:33course we we say it's first applied in the Brazil National socc Lottery but it will then be expended to other countries other type of lotteries but it's a basically a lottery platform um what so excited about this uh platform it's we're doing uh U one of the first ever uh stto plus IC a hybrid uh F ring system wow so um yeah so um we're very excited because this is the the first

6:00online Lottery um Ico in Brazil and we consider it one of the few or one of the first few uh sdo and Ico hybrid so basically what the company doing is Raising 30 million um Dollar in for its marketing development um Business Development um expansion and then um out of that 30 million 20 will com in from security token where they will give out some ownership and then what's so cool

6:26about the security token is security token holders um they can share 15% of the company's net profit from the lottery um and then um so that's the security part and then um along with that they also have the uh util token part so what the util token is for is actually for the overall uh the whole platform so if you want to buy a lotry ticket instead of buying it using the

6:49Fiat money um the only way you can do it is to buy their token we call it arall token so by uh purchasing arall token you able to participate the whole system um the crypto system um so right now with the token you can buy Lottery you can buy the team souvenir um Team related product and then we're hoping to have thirdparty um game developers or or lot developers on the platform later um

7:16so to make the aball token the the token for the lottery interesting yeah that's that's very cool to see uh dual token model I've seen it a few times now with some other projects um and and it seems very experimental as well as you know security token offerings they there's been a big shift you know from 2018 to 2019 now moving towards more traditional

7:40offerings and including Securities uh and tokenizing them so are you guys familiar with the landscape on you know what's going to be happening with security token offerings through 2019 what are you going to have to go through with ever ball U maybe the differences in accelerating a project a a traditional utility token versus a security token because I'm sure there

8:03are a couple different uh Hoops that you have to jump through um having a security offering right right so um secur token offering um a Ste is very exciting um so I see it as the future of token offering because it is real because traditionally when you buy a token from Ico um some people buy it just for free sale of the service Goods H but most buy it for investment

8:27purpose so you're actually investing in the um type of security um so the security token actually make it more compliant so it's easier to go through the regulatory different regulatory Pro framework um and with security token I do see a few differences but generally speaking uh when I work with businesses when to consider oh should I go through Ico or I see you have to look at your

8:50business model right you whether you're doing an Ico Oro you have to have a very good business model you have to be profitable you have to be able to sell your product and service right right it's just that you give your investor different things if use the Ico you have to provide them with Ser goods and service and make sure you have a limited Supply and then increasing demand you

9:10have to find ways to in boost your demand whereas with security token offering whether you're doing it with a bond um securitized Bond or securitized stock uh you're actually giving out your profit um so it's very critical um so security token offering I see it's more um similar or closer to the traditional acad offering it's just SEC version so um the same way when you're rais found

9:33when you're um telling the story to to the investor you really have to show comp has potential to make future profit so I see that's the critical uh thing and then now with security security token offering investors are um a credit investor which means they're more sophisticated not necessar more sophisticated but they are supposed to be more sophisticated so you have to be

9:52able to tell them the story because they are not just chasing um the hype right they invest in the real um real company and then expecting to ACC it with a high multi so that's the thing um and in terms of legal of course if you're doing a secret token offering you have to involved spend more money on legal U make sure you complied U go to different jurisdictions um and in terms

10:17of marketing I see a different Trend in this Mark in doing marketing Community Management n PR um the reason being with Ico you want to engage a a very wide uh community of small players or small investors you want to be able to have a like huge fan base you want to have a uh you want to be able to attract a lot of followers on on telegram on different

10:41social media where with security because you're only dealing with a credit investor you don't necessarily have to do that so you're you're doing a different um legal marketing strategic planning um token design um system where you're playing different game but by the company itself the project s have to be attractive yeah those are all great points and I think what the thing you

11:05touched on in the beginning which I like the most is that it goes back to the business model right um and there's been a lot of tech startups that are Developer focused and they have great development skills but really it comes down to having a business proposition that adds value where the company can derive profits from that and integrating blockchain at the same time right I've

11:25seen numerous amount of projects that their business model is that some appreciation of a token but that's not a business model right um so that's really important to stress and I'm glad that you guys are are stressing that uh to your clients yes yes thank you so 2019 is a big year we we just started and there's lots of goals what are some of the goals uh that coin chain capital is

11:50looking to achieve and what are you guys planning on doing uh in the first six months in and year of 2019 I say keep up with the good work so um I see a uh because because we talk I talk about the three things we do right so number one for our uh blockchain solution so we see it is a bare Market we don't we don't have uh right now we don't see a lot of clients coming to us as before uh

12:13but I know when it's bare Market you just gotta come down and do more research um this is a good this is a good good time for us to really uh lay down dig deeper uh do more serious research development um in terms of technology we're going to keep um keep keep doing our uh blockchain M aware uh focusing with focusing on blockchain security uh smart contract audit uh

12:41exchange security wallet security doing more of the development work and then more on the business side token design side um we're we're going to work more on really understand sdo really understand the token uh what's driving the token what really understand model so this all goes back to understand the business understand industry is uh you say oh we're doing a token offering uh

13:04we're in this industry we're in the Hightech IND but each Hightech industry is different you have to understand really understand industry really understand economy understand the markets understand investors perspective so that's that's that's our goal uh we wna of course we want to do more of Business Development um pay more uh business clients good quality business

13:24clients because we are providing advisory Services we do uh our reputation really depends on what type of plans we help right um so that's our overall plan and then plus uh maintain our type relationship with this crypto Community I love this crypto community so if you look at this I see people helping each other we work as a team so we were close with different exchanges

13:48uh market makers uh different crypto founds developer communities and uh people like you guys I love you event and your your program so we're going to work more together thank you so much Chen I appreciate the kind words and I'm looking forward to seeing what you guys are doing in 2019 and that you I you did mention you guys are looking for more potential clients for development

14:10acceleration if there are some potential uh clients or people that are looking to incubate their projects uh that are watching this what's the best way for them to contact coin chain so um best way is to go to our website coin c.ca um they can leave a message there or they can just Google myself or link myself Dr CH on LinkedIn and then I'm happy to connect wonderful uh well it's

14:36been great speaking to you Chen I really appreciate you taking the time uh and speaking to us about coin chain Capital today and let's do another followup in the next month or two and uh we'll see where the crypto market's at and how the space is accelerating so I'm really excited to for that uh but for until next time thank you so much for your time thank you very much thank you for

14:59having me all right bye bye