After the roundtable, Mr. Liu Honglin, founder of Mankun Law Firm focusing on blockchain business, elaborated on the compliance path of blockchain with the theme "Ice and Fire - Opportunities and Legal Regulation in the Web3.0 Era". Lawyer Liu Honglin has over 10 years of legal internet entrepreneurship experience, was previously the vice president of legal technology at Tencent Investment, has served over 100 Web3 projects, published the "Legal Industry Blockchain 2020 Annual Report", and authored "The Twilight of Corporate System: Blockchain Thinking and Digital Incentives".

Lawyer Liu Honglin first analyzed the crypto market overview, with crypto asset market value at $3.7 trillion, and currently 74 listed companies holding over $55 billion in BTC. He then interpreted the regulatory routes of Mainland China and Hong Kong, pointing out: "Project parties are often not suspected of illegal activities because they issued coins." The legal risks of blockchain projects mainly stem from business risks, so prevention should focus on business aspects. From this perspective, blockchain project risks include operational qualification risks, financial risks, market promotion risks, criminal risks, business partner risks, and data compliance risks. Finally, Liu Honglin highlighted Mankun Law Firm's business philosophy: "Ensure Web3 occurs legally in China!"
At the event's conclusion, the DFinity ecosystem roundtable was hosted by Herbert Yang, DFinity Foundation's Asia-Pacific Regional Manager, who conducted an excellent interview with project representatives from azen, enreach, piggycell, multiple network, and datagram.

The conference lasted five hours, with over 400 audience members. The summit focused on the integration and innovation of artificial intelligence, Web3 technology, and real-world asset tokenization (RWA), showcasing the combination of blockchain cognitive architecture with neural symbolic AI and the autonomous evolution capability of smart contracts. The summit actively promotes digital transformation of a trillion-dollar market and emphasizes Hong Kong's crucial hub position in connecting the Guangdong-Hong Kong-Macao Greater Bay Area with the global Web3 compliant corridor. Additionally, the summit deeply explored cutting-edge technologies and applications such as smart contracts, cross-chain collaboration, governance mechanisms, RWA reconstruction, and trusted machine economy, promoting deep integration of AI and blockchain and industry ecosystem development.
The summit was hosted by Ms. Cheryl Yang, a partner at Eternal Capital Venture and vice president of the Hong Kong Blockchain Association.
About Draper Dragon Innovation Fund
Draper Dragon originated from the DFJ Fund, co-founded in 2005 by globally influential venture capitalists and pioneering domestic venture capital leaders. It is a core fund and board member of the global early-stage venture investment network "Draper Venture Network". Focusing on innovative opportunities with high technological barriers and massive development potential, and adhering to value investment, Draper Dragon fund partners have invested in and nurtured several global tech unicorns, including Coinbase (Nasdaq:COIN), HKbitEX, VirgoCX, CoinDCX, Ledger, Otter.ai, VeChain ($VET), IoTeX ($IOTX), YEEPAY, and Splashtop. Simultaneously, Draper Dragon actively responds to government industrial policy guidelines by introducing qualified social capital and obtaining startup investment guidance fund support from Shanghai and Qingdao municipal governments, effectively mobilizing social capital to invest in high-tech industries and making due contributions to nurturing innovative industries.




