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Li Xiaolai

Li Xiaolai

Li Xiaolai is a Chinese innovator and blockchain enthusiast based in Beijing. An early proponent of Bitcoin and blockchain, Li has started several funds, launched a Cryptocurrency exchange, and invested in blockchain projects.

Biography

Early Life and Career

A picture of Li Xiaolai

A picture of Li Xiaolai

Li was born in the 1970s and grew up in Beijing.

He attended Changchun University where he earned a degree in accounting in 1995.

Li began his career as a salesman and became one of the most well-known English teachers in China.

An author, Li published two bestselling books about time management and methods in mastering vocabularies for English tests.

Blockchain and Rise in Prominence

Li started mining Bitcoin and investing in the space in 2011.

By 2014, he reportedly owned over 100,000 bitcoins.

After founding the Bitfund venture capital firm in 2013, Li also established Yunbi, a cryptocurrency exchange based in China.

Upon starting the Yunbi, Li's bank account was frozen for various reasons.

He was forced to sell bitcoins in a bear market in order to ensure adequate monetary reserves for the exchange.

In 2016, Li founded, INBlockchain, a venture capital firm focused on blockchain assets.

In the summer of 2017, Li was an early investor in EOS and Block.one. This is not the first Dan Larimer project Li has supported, he also was an early investor in Bitshares and Steemit.

Other cryptos that Li has invested in include Siacoin, Qtum and Bodhi. [1] In April 2018, Li joined Tunlan Investment and is the manager of their fund.

References

[1]
Citation Linkcrunchbase.comLi Xiaolai on CrunchBase
Apr 10, 2018, 6:11 PM
[2]
Citation Linksteemit.comMr. Li Xiaolai talks about PressOne, EOS and yunbi.com
Apr 10, 2018, 8:20 PM
[3]
Citation Linknews.8btc.comChinese Legendary Crypto Investor Li Xiaolai : ‘ I Once Owned Over 100,000 Bitcoins, But Is Not The Founder of EOS’
Apr 10, 2018, 8:21 PM
[4]
Citation Linkcoindesk.comA Chinese Bitcoin Tycoon and His Record-Breaking ICO
Apr 10, 2018, 8:36 PM
[5]
Citation Linkcoindesk.comMeet China's Biggest Bitcoin Multi-Millionaire
Apr 10, 2018, 8:37 PM
[6]
Citation Linkfacebook.comLi Xiaolai on Facebook
Apr 10, 2018, 8:41 PM
[7]
Citation Linklinkedin.comLi Xiaolai on LinkedIn
Apr 10, 2018, 8:41 PM
[8]
Citation Linktwitter.comLi Xiaolai on Twitter
Apr 10, 2018, 8:52 PM
[9]
Citation Linkeveripedia-storage.s3.amazonaws.comPictured June 2013
Apr 10, 2018, 11:41 PM
[10]
Citation Linkeveripedia-storage.s3.amazonaws.comA picture of Li Xiaolai
Apr 10, 2018, 11:42 PM
[11]
Citation Linkcoindesk.comArticle about Li becoming the manager of the Tunlan Investment Fund
Apr 11, 2018, 12:07 AM