Mr. Li Xiaolai, the 45 years old blockchain investor, has many other "identities", which are the legendary richest bitcoin owner, one of most popular columnist whose special column named "The road to Wealth" in Magazine "DeDao" has more than 170 thousands subscribers,  and an English teacher in the School of New East. In the recent regulation storm of China, EOS, an decentralized blockchain program Mr. Li Xiaolai invested, PressOne, his ICO project, a content distribution public blockchain based on the EOS and yunbi.com, one of the most famous CryptoCurrency exchange in China of which he is one of the major shareholder, has undergo a great change.  

1. About EOS

reporter: Many people in China call EOS as "LiXiaoLai Coin", so what's your exact relationship with EOS?

Mr. Li Xiaolai: the Program EOS is not directly related to me. I'm just an investor of EOS, a small shareholder of 5%. The company developing and managing Project EOS is BlockOne, and their CTO is the famous blockchain developer Dan Larimer.  I have invested in several of his projects including BTS and Steem. We are friends. And now he become the CTO of BlockOne Corporation, and I invested it too. That's why I became a shareholder of EOS project. This is just a right and simple partnership. So it's just unreasonable if you call EOS as "LiXiaoLai Coin". The fact is very simple, which is that, I am one of BlockOne angel investors, and a small shareholder of EOS Project. The amount of EOS currency I hold, also as the EOS team holding this amount of currency, will lock for a long period, ranging from 2 to 10 years. So EOS is not "LiXiaoLai Coin".

2. About PressOne

reporter: The PressOne project had financed more than 500 million in six days. Is this project the largest ICO financing in China? What is the future of PressOne?

Mr. Li Xiaolai: The amount of Bitcoin, eth, and EOS investors put into PressOne, can be found online. At that time it's about 520 million CNY. Before that, there was an ICO project Tenx, and quite a lot of coins were made from China. Financing 20 million CNY in domestic ICO project, is just a common amount. The PressOne token release percentage is 50%, which is not too high. But it's not important any more. It's a project that has to be closed now. Maybe next step, I will use my own money to continue PressOne development if it is possible.

3. About yunbi.com

reporter: yunbi.com is the largest platform for ICO token exchange in China. You are one of the major shareholder of yunbi.com, holding 25% of the shares. The token of ICO project you started up or invested, is also trading on yunbi.com. So is there any irrational interest between you and yunbi.com?

Mr. Li Xiaolai: There is a historical reason. I am a shareholder of yunbi.com, because I first funded the project. I have thought about quit, but no one wants to take over at that time. For such a long time, yunbi.com is not worth much money. Only these months, it looks much more valuable because of the rapid development of many blockchain projects. We are actually worried, because it just like a fast train that will never stop. The only profit model of yunbi.com is charging the exchange fee. yunbi.com insist on 100% margin, and never touch a penny of customer's money. Suppose that one day yunbi.com to liquidate currency, we would be able to complete the liquidation of the fastest.

4. regulation storm in China

The regulation storm in China  these days has led to a huge decrease in market value of the entire cryptocurrency. Many investors suffered a huge loss. The Chinese government seems to like making blood on the crypto streets on a regular basis, but why not take advantage of it?

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