I stand corrected.
The "Straits Cup" Industrial Design (Jinjiang) Competition of Fujian Province does exist.
http://www.52jingsai.com/article-3894-1.htmlBut they have never heard of Walton Chain.
Competition Organizing Committee Office Address: Room 505, Building 1, International Industrial Design Park, Hongshan Cultural and Creative Industrial Park, Qingyang, Jinjiang City, Fujian Province
Contact: Chen Li bottle Huang Wenbin Tel: 0595-82682939
E-mail:
hxbfjjj@126.comCompetition Award Supervision Committee Office Address: Jinjiang City, Fujian Province, Qingyang Quan Zhong Road 525, Foreign Trade Building, 507
Contact: Zhang Nini Tel: 0595-85617805
E-mail:
yeb112@sina.comAnd the highest prize is $50,000 & WTC claims to have won $1,000,000
Also, Chinese search engines and social media cannot find any evidence that the project co-founder 许芳呈 exists.
I have a friend from Fuzhou, Fujian Province, who has helped me with this research.
WaltonChain themselves were never in the competition. The amount won was initially reported as 1.3B WON for first and 800K WON for second. 800M WON equates to $702,154.74 as reported here:
.....their partner Silicon Group who has members Mo Bing and Chen Zhangrong (CEO and COO of WaltonChain) won the competition. WaltonChain has been firm that Silicon Group is a large portion of the R&D of the RFID hardware custom built for WaltonChain.
and please don´t spam every topic about wtc with FUD.