Sohu Cai Mingjun left his job to devote himself to blockchain entrepreneurship, focusing on knowledge and community economic scenarios

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卢晓明
7 years ago
This article is approximately 970 words,and reading the entire article takes about 2 minutes
Another traditional Internet person joins the blockchain.

Sohu Cai Mingjun left his job to devote himself to blockchain entrepreneurship, focusing on knowledge and community economic scenarios

The two major shareholders other than the founding team areMicro media interaction (WeMedia)And Beijing Lianlianxing Technology Service Center (Limited Partnership).

The blockchain boom is on the rise, and many Internet people want to seize the opportunity.

Recently, Cai Mingjun, general manager of Sohu News, also left Sohu to devote himself to blockchain entrepreneurship. Regarding this entrepreneurship, Cai Mingjun accepted an interview with Odaily to share some thoughts on this blockchain entrepreneurship.

Cai Mingjun revealed that the new company (Beijing Token Technology Co., Ltd.) has completed the registration, and the angel round has introduced three strategic shareholders with backgrounds in currency exchanges and content media, including Sohu.

Cai Mingjun told Odaily that this venture hopes to rely on the technical experience of Internet products and combine the characteristics of the blockchain to mine scene applications. At present, it mainly explores familiar content and community economy, develops practical tools to provide support for scenarios, and builds a social-friendly user digital asset platform.

He believes that the blockchain is not just a purely technological change. It is a high-dimensional variable in which technology, economy and society are superimposed. The biggest feature of the information revolution led by the Internet is that the marginal cost of information dissemination is zero, while the blockchain turns information dissemination into a value flow; the Internet is to copy and disseminate information, and the blockchain is to transfer value. With the birth of this underlying atomic rights confirmation mechanism, many scenarios will be reconstructed, bringing opportunities to new entrepreneurs.

Cai Mingjun believes that IP is the most important element of the community economy. IP-based content services are a powerful tool for gathering similar groups of people to form a community economy. The most typical case is Baidu Tieba based on keywords. Blockchain and Bitcoin were born in the open source community and have strong community attributes. Every digital token is an IP and a community. Cai Mingjun showed us Token.TM, a small program product under internal testing, which is a digital token community information flow with a market reminder service.

Cai Mingjun is one of the early domestic linux researchers, and participated in the formation of the early domestic linux community --- Beijing linux club. Joined Sohu in 2003, and successively took charge of the research and development of Sogou vertical search, Sohu unified payment system, stock financial products and other company products. In 2011, he left Sohu to start Internet education. In 2013, Cai Mingjun returned to Sohu to establish Sohu Mobile RD Department, leading the research and development of personalized content recommendation engine and video P2P network. Since August 2014, he has been the general manager of Sohu News Client.

Looking back at Cai Mingjuns resume, we will find that technology will be one of the characteristics of this entrepreneurial project. Blockchain media are constantly emerging in the market, and Token.TM does not produce original content, but structured content through user collection, technology aggregation and mining, and fan contribution to meet the needs of users who care about digital tokens.

In Cai Mingjuns vision, Token.TM is a community platform, and each IP is a community and an information flow. The content integrated in the stream is not limited to media content, but also includes important content related to IP in social scenes such as Weibo, Twitter and Facebook. These contents come from the collection and recommendation of fan users in the community, and then are identified and classified by the content AI engine, and presented to users in a structured way.

Although there is a lot of information about the blockchain on the market, the quality is uneven, the sources are scattered, and the information is seriously asymmetric. MLM coins, air coins and altcoins are prevalent. Therefore, Cai Mingjun believes that as market participants become more rational, a more comprehensive and objective content-based social tool is needed to meet everyones needs. Moreover, especially in a decentralized field such as the blockchain, it is very necessary to form objective and quantitative indicators to reflect market conditions through data aggregation and mining. Recently, they are working with national institutions to prepare to release the TokenTM public opinion index to help investors judge the market situation. The indicators of TokenTM, first, will change in real time according to the actual situation; second, the model is transparent, and at the same time, it minimizes the threshold for ordinary investors to understand.

In addition to RD tools and operating its own community, future projects will use more power to export the capabilities of these product tools and do scene transformation, that is, to provide support for the community. Cai Mingjun repeatedly emphasized that the community economy based on blockchain will develop rapidly. At present, all community products will face transformation or reconstruction, and many products will gradually add community attributes. The new form of community will have its own trust mechanism, and the organization will be more loose and decentralized.

The cryptocurrency market is experiencing a cold, is this a good time to enter the market? Cai Mingjun believes that the blockchain is originally born in the open source community, has a very strong force, and its vitality is strong enough. Although many places are not compatible with the real world, with the support of the Force, it will continue to change the world, and the future will be a diversified and multilateral market. Although the current market is mixed with good and bad, good and bad are mixed, but as time goes by, the scenario application of blockchain will gradually penetrate into daily life.

I am Lu Xiaoming, editor of Odaily. I am exploring the real blockchain. Please add WeChat lohiuming for breaking news and communication. Please note your name, unit, position and reason.

I am Lu Xiaoming, editor of Odaily. I am exploring the real blockchain. Please add WeChat lohiuming for breaking news and communication. Please note your name, unit, position and reason.

Original article, author:卢晓明。Reprint/Content Collaboration/For Reporting, Please Contact report@odaily.email;Illegal reprinting must be punished by law.

ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

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