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Prior to this agreement, HPB and The Fupin Community had carried out their first ecological cooperation in August 2018. At that time, they organized several activities, including gathering members to learn the HPB’s public chain traits and mobilizing members to promote HPB to the Chinese market. Every member was a node during this promotion, and had actively participated in the promotion. Fupin has brought in millions of audience reach, a huge brand effect for HPB. Therefore, HPB had decided to work with the Fupin Community again in October 2018 when launching the main net and the public chain wallet. In this two week exercise, tens of thousands of users were brought to the HPB wallet. It has laid a solid foundation for the cooperation this time.
Blockchain is not just about technology development. Community building is also a key part of blockchain development. Within China, there isn’t a real decentralized community due to the over-centralized management mode. It is in this environment that Fupin community has emerged. The Community has attracted more than 200,000 Chinese users in just five months, and there are over 10,000 daily active users. The Fupin Community sticks to the philosophy of consensus, co-governance and sharing, and positions itself as an influencer, a token ecosystem and a platform showcase for international projects.
It creates a community that runs by itself. Fupin not only has a strong human traffic flow, but also a community who truly believe in Fupin’s philosophy. More than 10,000 members have joined it’s Community Nodes Plan since the launch date. According to the WeChat’s statistics in 2017, every user has an average of about 200 friends in their Wechat contact list. The community, as mentioned before, has over 200,000 users, which means that it covers over 4 million people. In addition, Fupin community also offers courses on online, sharing basic knowledge, technology research, investment tactics and more.
Soon, the community will launch a ‘Bifu’ application, which independently developed by the community, aims to develop actual use cases with the community economy as the core. As one of the well-known public chains in China, HPB uses the dual election mechanism to run the community, which is the first in the industry, creating an innovative node mechanism that combines the election mode and the invitation mode. Every node in the blockchain network is equipped with BOE (HPB’s blockchain offload engine) to accelerate their speed. Through a series of editable logic arrays and hardware microprocessors, the main chain can reach to 10,000-level TPS performance, forming an information highway that connects the HPB community. The HPB main net has officially launched in October last year, it was a meaningful step for the Chinese blockchain industry development.
Vincent Cheung, the founder of Fupin Community, said: “It took us five months for us to grow the Fupin Community. It has grown from a concept to the most active community in China. The key lies in the community consensus and community mechanism. HPB is the world’s first high-performance blockchain network combining hardware and software. With the HPB main net and a series of DApp on it, the Fupin Community will work hand in hand with HPB to utilize both technology and community building to create a new ecological model of blockchain 3.0 that is interconnected and mutually beneficial”.
HPB will also be backing up Fupin Community with their technology inputs. “HPB will play a vital role in supporting our ‘Bifu’ application. As a community task app, Bifu provides users with a free, decentralized network. Users can contribute their wisdom, knowledge, abilities, and experience to the community, transforming their intellectual assets into actual benefits.” Vincent explained.
Fupin’s new ecosystem will aid circulation of tokens across multiple wallets, OTC, educational information, community plugins and offline community promotion and operations. It will be an application that maximize the community power with blockchain technology and it will be a true use case study for blockchain 3.0.
Company Name: Fupin Community
Contact Person: VC
Address: 7 Floor, 292 Yanan Road, Shangcheng District Hangzhou, Zhejiang, China