Race Capital: Tech Giants Grapple With Web3

The video discusses the fluctuating regulatory environment for Chinese tech companies, highlighting challenges faced by giants like Alibaba and Tencent, as well as smaller firms. It explores the competitive nature of Chinese tech, their global ambitions, and the differences in AI and machine learning between China and the US. The video also covers the impact of regulations on Web3 and crypto in China, noting the migration of crypto activities to places like Singapore and the UAE. Finally, it analyzes global crypto market trends, emphasizing the significant trading volume outside the US.

What is the current state of the web3 landscape in China, particularly regarding NFTs and cryptocurrency?

How has the global trading volume of cryptocurrency exchanges changed in relation to Chinese companies?