Conflux Founder Long Fan: Technology and Capital Synergy, Reshaping China's Web3 Competitiveness

Recently, at a conference focused on the development of Web3, Conflux founder Long Fan engaged in an in-depth dialogue with MetaEra CEO Jessica. Long Fan reviewed the development history of Conflux and discussed the future direction of the blockchain industry, paying particular attention to how to balance innovation and compliance against the backdrop of increasingly stringent global regulations, and promote the healthy development of the industry.

It is worth noting that Conflux recently announced the launch of its public chain version 3.0 in August and will participate in the offshore RMB stablecoin pilot project. This news has sparked a heated market reaction, with Conflux's native token CFX increasing by over 100% within 24 hours, reaching a peak of over $0.25.

As the only public blockchain currently recognized as compliant in China, Conflux is actively leveraging this advantage to expand its ecosystem. Long Fan stated that they hope to attract more ecological projects and assets to settle on the Conflux public blockchain by utilizing the current market trends. In terms of cooperation strategy, Conflux demonstrates a high degree of openness, with particular focus on the two core areas of stablecoins and the tokenization of real-world assets (RWA).

Long Fan revealed that Conflux is in communication with almost all teams applying for stablecoin licenses in Hong Kong, and is also connecting with partners willing and capable of implementing RWA projects. This comprehensive cooperative attitude reflects Conflux's positioning as an infrastructure provider. Long Fan emphasized that in addition to providing underlying technical support, Conflux is also willing to offer assistance to partners in compliance and business matters to the best of its ability.

When talking about Conflux's development strategy, Long Fan used a vivid metaphor: if the Conflux public chain is likened to a highway, then Shanghai is responsible for "road construction", that is, responsible for technological research and development; while Hong Kong is the "car factory", nurturing various application projects. This "technology deep cultivation + capital empowerment" dual-city collaborative model is becoming an important competitive advantage for Conflux.

Long Fan believes that this model is not only applicable to Conflux but can also be referenced by the entire Web3 industry in the "Mainland + Hong Kong" cooperation model. Through this approach, Hong Kong is expected to become an important pole in the Web3 world, providing a common platform for Chinese Web3 entrepreneurs to strive together.

From the academic program of the Yao Class at Tsinghua University to becoming an important industry participant today, Conflux's seven-year journey reflects the complete evolution of China's blockchain industry from technological exploration to commercial implementation. In this new development cycle, how to transform compliance advantages into ecological advantages, how to build global competitiveness through collaboration between the mainland and Hong Kong, and how to maintain technological leadership in pragmatic development are key issues faced by Chinese Web3 companies, including Conflux.

From this conversation, we see a development approach that combines technical depth with business acumen: compliance as the cornerstone, openness to promote development, collaboration to seek win-win outcomes, and a global perspective to plan for the future. This may be the key for Chinese Web3 companies to break through in the new era.