Key Takeaways
- Hongfei pioneered blockchain adoption in China, co-founding NEO and Onchain.
- He’s actively on the lookout for progressive techniques and applied sciences for adoption for the NEO and Onchain.
- He’s exploring the potential of ZK and AI applied sciences within the NEO ecosystem and alternatives for cross-chain fee options.
Earlier than Ethereum had a Chinese language rival, Da Hongfei was already laying the groundwork for Asia’s sensible financial system, because the co-founder of NEO, a blockchain expertise for creating dApps (Decentralized Purposes) with sensible contracts.
He’s additionally the founder and CEO of Onchain. This firm presents blockchain options, highlighting its presence within the crypto house whereas fostering the expansion of blockchain applied sciences in Asia.
His effort to affect the historical past of China’s blockchain story gained him prominence as one among China’s pioneers of blockchain applied sciences.
Who’s Da Hongfei? Historical past and Crypto Acceptance
From 1997 to 2001, he earned a Bachelor’s diploma in Arts in Know-how and English on the South China College of Know-how, which outfitted him to bridge the hole between communication and expertise.
In 2005, he joined IntPass Consulting Shanghai as a board member and CEO for eight years, gaining invaluable insights into rising applied sciences and consultancy, which later helped his profession within the blockchain house.
In 2011, he found Bitcoin and instantly acknowledged the potential of this digital asset to evolve the normal finance system within the years to come back.
He performed a key position in selling Bitcoin in China and educating native Bitcoin communities at an early age. His effort grew to become often called it helped construct the blockchain basis in China.
Antshares Rebrands to NEO and Onchain Success
Following a powerful want to interact within the blockchain house, Hongfei attended the Bitcoin Convention in Shanghai in 2014, the place he met Erik Zhang, who co-founded Antshares, a blockchain expertise designed for constructing dApps.
In 2017, Antshares was rebranded to NEO to keep away from confusion with different model names on the time, whereas highlighting its broader imaginative and prescient for a wise financial system rivaling Ethereum as the subsequent Chinese language Ethereum.
NEO’s design structure was constructed on:
- Delegated Byzantine Fault Tolerance (dBFT) consensus mechanism, which helps sensible contracts, digital property, and digital id whereas enabling
- Sooner and cheaper transactions at 1,000 TPS in contrast with Ethereum’s 15 TPS.
- NEO’s design helped blockchain builders to construct and ship tasks with ease, making it extra accessible.
Additionally, in 2014, Hongfei and Zhang based Onchain, a blockchain firm centered on delivering enterprise options to companies and establishments that wish to leverage the blockchain for fee and cross-chain interoperability.
Onchain’s success led to:
- Partnerships with Microsoft China and Alibaba developed enterprise options
- Joined Hyperledger as the primary Chinese language firm
His success with NEO and Onchain opened up alternatives for him to advocate for blockchain regulation in China whereas working with authorities officers to struggle fraudulent ICO actions within the 2017 ICO growth.
His effort has remained noticeable regardless of the ban on ICOs and crypto exchanges in China.
Da Hongfei’s Web Price in 2025
Whereas there aren’t any particular figures or data of Hongfei’s community in 2025, he’s estimated to be value over $100 million based mostly on the next:
- NEO ecosystem progress and market share of $450M marketcap
- Onchain success, partnerships, and enterprise blockchain companies
Hongfei’s Lively Blockchain Participation
Supply – Hongfei on X
He’s actively centered on integrating AI and zero-knowledge (ZK) blockchain infrastructures into the NEO and Onchain. His latest X submit highlighted the next on the SpoonOS framework:
- SpoonOS is a brand new developer framework for constructing AI-powered brokers on the NEO blockchain
- The SpoonOS platform would enable constructing an AI agent that performs arbitrage between DEXs on NEO and CEXs
- $2M funds was introduced to help the event of SpoonOS
- Exploring different alternatives to develop the NEO ecosystem and adoption in areas akin to Africa
He has participated in public talking occasions, together with NEO DevCon 2018 and Consensus 2019.
Conclusion
In conclusion, Da Hongfei’s long-term imaginative and prescient is to bridge private and non-private blockchains via NEOX. He’s additionally centered on serving to the Chinese language crypto communities whereas exploring new blockchain infrastructures, akin to AI and ZK blockchain within the NEO and Onchain ecosystem.
His method in direction of offering options and adapting to rising blockchain applied sciences distinguishes him from different blockchain leaders.
FAQs
Da Hongfei Web Price
He’s estimated to be value $100M based mostly on NEO and Onchain market share.
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