DeFi or Decentralized Finance has become the hottest commodity in the blockchain space today. The DeFi movement follows a suite of strong hypes in the industry after ICOs, STOs, and IEOs. Today, over $2 billion dollars worth of tokens are locked in DeFi projects.

Some of you might be wondering what is DeFi? But once you understand the concept the real questions are: what makes DeFi so different? Is it just another hype in the crypto space? Who are the winners and losers?

Chinese investors are among the most active investors in the space, Does this bring additional value or opportunities for Chinese DeFi startups? And how does the Chinese government come into the equation?

To help us answer these questions and more, we have invited to the show, Cao Yin, Founding Partner of Digital Renaissance Foundation, a Shanghai-based company that is helping to accelerate future of digital governance by consulting, incubating and financing projects in the blockchain ecosystem and investor in the first DeFi project launched in China.