Zhang Shoucheng, Founder of Blockchain VC Firm Danhua Capital Died at 55


Reports reveal that in fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Besides, an award-winning professor of physics at Standford University, Zhang was also a founding chairman of Danhua Capital.

As per the Chinese report, Zhang had attended the meeting a day before incident which has happened on December 01, 2018. However, the cause of death is not released yet but the family has reported that he was suffering from depression for a long time but the local police closed the case by declaring it ‘a suicide’.

Danhua Capital and Blockchain Projects

It is a venture capital firm which is based in California and assisting tech startups through funding in their early stages. Danhua Capital was established in the year 2013 with an array of ideas including big data, AI, robotics, virtual reality and more. Within a less span of time, the firm appeared to be among the names of major blockchain projects such as Zilliqua, NEO, Aelf, and Ontology.

Moreover, in Mid 2018, DHVC has also tied up with OPEN Platform which claimed to be the first decentralized payment gateway for applications and online transactions powered by blockchain technology. Moreover, in the latest report TRON joined the hands of blockchain portfolio app, Blockfolio which has received the funding from major VCs including Zhang’s Danhua Capital.

TRON (TRX) founder, Justin Sun expressed a sense of grief posting that “Professor’s death – a great loss to the blockchain industry”.

Summary

Zhang Shoucheng, Founder of Blockchain Vc Firm Danhua Capital Died at 55

Article Name

Zhang Shoucheng, Founder of Blockchain Vc Firm Danhua Capital Died at 55

Description

Reports reveal that in fight of depression, professor Zhang Shoucheng who was the founder of blockchain VC firm Danhua Capital died at 55. Besides, an award-winning professor of physics at Standford University, Zhang was also a founding chairman of Danhua Capital.

Author

Tabassum

Publisher Name

Coingape

Publisher Logo

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.








Source link

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *