Senior Vice President of Futura Securities: Ether adds more than just “money” to the Crypto ecosystem

Zhu Zhen, Senior Vice President of Futura Securities, wrote an article titled “From Virtual Currency to Digital Assets”, in which he pointed out that with the release of the Hong Kong government's policy on the development of virtual assets and its implementation, the concept of Crypto is gradually gaining popularity among retail investors, and the number of participants in the industry is also increasing. In addition to payment, Crypto's application in “financing, investment and stored value” has also attracted the attention and entry of institutional investors. The release of Ether (ETH) has brought more possibilities for the innovation of Blockchain technology. Ether not only promotes the development of smart contracts, but also facilitates the birth and popularization of decentralized applications (DApps), decentralized finance (DeFi), non-homogenized tokens (NFTs), and initial token offerings (ICOs). These innovative technologies and applications have not only energized the Crypto ecosystem beyond “cryptocurrency”, but have also provided more investment and usage scenarios.