Q: What is the relationship between BenFen and BenPay?
A: BenFen is the underlying infrastructure — a high-performance Layer-1 blockchain purpose-built for stablecoin payments. BenPay is a super app built on the BenFen blockchain, serving as the primary gateway and user wallet for interacting with the BenFen ecosystem (e.g., trading, payments, lending, etc.). In simple terms, BenFen is the "highway," and BenPay is the "car" driving on it.
Q: What is the funding background of the BenFen project?
A: BenFen was initiated and incubated by Bixin Group, a leading blockchain organization. In its early stage, it received strategic investment from Bixin Ventures, the venture capital arm of Bixin Group, raising a total of 10 million US dollars. The funding is used for the research and development of the underlying architecture and the construction of the ecological infrastructure of the BenFen public chain, reflecting Bixin's strong commitment and long-term belief in the future of on-chain stablecoin payments. By extension, Bixin Group, founded in 2014, is a globally recognized blockchain company and an early player in Bitcoin mining and crypto wallet infrastructure. It has invested in numerous notable projects, including Aptos and Sui, bringing deep industry insight and strategic resources. For more details about Bixin Ventures, please visit its official website: https://bixinvc.com