Syscoin lures Polygon’s head of China Charlie Hu
Charlie Hu, former head of Polygon China, is joining the blockchain development platform Syscoin as an ecosystem advisor.
Syscoin said this appointment gives them the opportunity to work closely with Charlie to fast-track their efforts to allow users utilize the best features of top cryptocurrencies.
As one of the most renowned names in the crypto industry, Charlie Hu brings to Syscoin a long expertise in blockchain, web 3.0, and decentralized applications. He also led the business development and investments for over 15 blockchain and technology projects.
Most recently, Hu was leading the ecosystem growth in China for the Polygon network as an expert in marketing and community building. He left the Ethereum scaling project a few days after it raised $450 million in a round led by Sequoia Capital India. The mega funding was raised through a private sale of Polygon’s native Matic token.
Charlie is also an advisor and strategic partner at TryHards and a managing partner for venture capital firm Lucid Blue Ventures. These roles have allowed him to be closely involved with fastest-growing dApp sectors such as gameFi and web3 gaming.
Considering his extensive knowledge in the blockchain space and his expertise in managing popular crypto projects, Syscoin expects to immensely benefit from having Charlie Hu on board.
Syscoin combines Bitcoin security with Ethereum programmability
“Syscoin is not some fly-by-night organization. They’ve been around since what is now basically ancient times in this space by continuously adapting and evolving along the way. The fact that they’ve not only managed to survive, but are also thriving is reason enough alone to be attached to this project,” Charlie explains why he has chosen to work with the Syscoin Platform.
SysCoin network aims to combine the strengths of Bitcoin and Ethereum to create a secure network enabled with the power of smart contracts. Using their DeFi protocol, SysCoin users are able to move around their assets across Ethereum. Once the Ethereum bridge is crossed, SysCoin’s roadmap includes expanding to the Binance Smart Chain, Polkadot, Luna, and other chains.
Their native token, SYShas, has seen a continuous rally throughout the past six months despite the crashes of the broader crypto market.
“Aside from longevity, Syscoin offers a suite of technical advantages you simply cannot find elsewhere all in one place. Their combination of Bitcoin’s core security and Ethereum’s EVM alongside their imminent implementation of ZK-Rollups make them a force to be reckoned with. The implications of these advancements may not be understood by the wider market as of yet, but to me, they are clear as day,” Hu concludes.