Conflux (CFX)

Conflux co‑founder: The treasury of doomed projects becomes an internal arbitrage tool

Conflux co‑founder @forgivenever tweeted that a "reverse" phenomenon has emerged in the current crypto market: some doomed‑level projects’ FDV has shrunk dramatically, yet the project's treasury is larger than the token’s total circulating market cap, with treasury assets covering USD, stablecoins, Bitcoin, Ethereum, etc.

He believes that these treasury funds mostly come from early high‑valuation financing or cash‑out during the TGE, and now they have become chips for internal bargaining and profit‑shifting among core members, causing the project to suffer chronic death.

He also points out that token holders face difficulty defending their rights due to a lack of evidence, and the governance structure of the project's board and management is generally ineffective.

Spotlighting our expert reviews on: @Conflux_Network

Our OG expert reviewers note that Conflux $CFX has strong technical foundations including its Tree-Graph consensus architecture, EVM compatibility and growing focus on payments and stablecoin infrastructure but inflationary token dynamics and incentive driven selling continue to dilute market enthusiasm while real world adoption has yet to fully match the scale of its technical ambitions.

Can Conflux convert its regulatory positioning and payment infrastructure into meaningful user adoption or will strong technology continue to outpace actual demand for CFX?

More on the OG audit review and the project info here: ogaudit(.)com/crypto/conflux-cfx
https://t.co/vFatnyalbD

The race for Web3's capital is on, and Hong Kong intends to win it. 🇭🇰

Hosted #IOSG × HK LegCo · Founder Tea #1 this week. Our founding partner @jocyiosg brought together 16 top Web3 founders at Cyberport with the Hon. Duncan Chiu, HK Legislator.

Across four tracks:
→ RWA @AssetoFinance,@DigiFTTech, Anchored, @StableStock
→ Public Markets @RedotPay, @MicrobitCapital, Boyaa Interactive, @SoSoValueCrypto
→ Infrastructure @alt_layer, @brevis_zk, @Conflux_Network, @Sign
→ DeFi @SynFuturesDefi, @dForcenet, Unified Labs

6 hours of unfiltered truth, centered on one question: "Why HK over Singapore?" The discussion covered HK's strengths (financial depth, legal system, location), where it still falls short (compliance costs, licensing, banking access), and concrete asks to government: tiered regulation, an innovation sandbox, lighter licensing, and a clear path for digital asset trusts (DAT).

Duncan set this as the first consultation for Hong Kong's first-ever 5-Year Web3 Plan (2027–2032), reaching the Chief Executive's Office by end of June.
In his words:
"I hope to submit these recommendations and have them included in Hong Kong's first-ever 5-Year Plan — shaping the city's Web3 direction for the next five years."