Recently, I've been looking into some undervalued Chinese crypto projects and found that many of them are actually working on real-world applications, not just empty promises.

First, let's talk about NEO, often called "China's Ethereum." What's interesting about this project is that it has two tokens—NEO for governance and GAS for transaction fees. More importantly, it has official support, which is quite rare in the crypto space.

Next is VeChain, which I think shows the most tangible real-world implementation. Companies like Walmart, BMW, and PwC are not small players, and VeChain has real applications in supply chain tracking and anti-counterfeiting. Recent years' focus on ESG and green technology have also created opportunities for such projects.

Then there's Conflux, touted as China's fastest public blockchain, capable of processing 3,000 transactions per second. The key point is that it is the only Chinese public chain approved by regulators, which could make integration with traditional businesses smoother.

Ontology focuses on data protection, mainly decentralized identity verification (DID). The demand for such solutions is real in healthcare and finance, and it also supports compatibility with Ethereum and Polkadot.

I believe the reason why the Chinese crypto track is worth paying more attention to is that these projects are not just imaginary but backed by actual business scenarios. Changes in the regulatory environment also open new development opportunities for these projects. Instead of blindly chasing trends, it’s better to look at the real application value behind these Chinese crypto projects. If you're interested, you can check out the latest updates on these projects on Gate.