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Dangdang’s Cofounder Dismisses Token Option: My DApp will Use Points as Motivation

Abstract : Li Guoqing said his DApp currently doesn’t issue any token, because we register and manage in China and we are an enterprise membership platform of knowledge payment.

ChainDD
ChainDD

Feb 25

February 23 (ChainDD) In his Q&A in CRYSTO Public Blockchain Ecosystem community on February 22, Li Guoqing, cofounder and former CEO of Chinese e-commerce company Dangdang Inc, said: “Issuing tokens is what the vertical public blockchain concerns, our Book Club currently doesn’t issue any token, because we register and manage in China and we are an enterprise membership platform of knowledge payment. As to how the members of our community join in our mining mechanism, after our repeated discussion, we decide Book Club will use points to motivate engagement.”

ChainDD noted that Li Guoqing recently left Dangdang and joined in CRYSTO as CEO of CRYSTO’s DAPP. Though the DApp hasn’t had an official name yet, Li called it Book Club. On February 22, Li revealed the DApp is scheduled to recruit members and formally go live two months later.

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