Author: Wang Yanhua
In 2000, Jeff Chen, then a 25-years-old budding software engineer from China, came to Singapore to seek greener pastures.
When he was in Beijing, he was supposed to study automation in college. But he did not do well as he dropped out of several classes and spent all his time learning programming instead.
He cut his teeth working as an engineer in a spin-off company from the National University of Singapore.
Back then, Internet was the next big thing. Chen rode on its wave and developed the Maxthon browser in 2003 while he was working in Singapore.
His creation grew quickly, and exceeded a billion downloads in 2017.
Two decades later, Chen has now become a fervent blockchain believer, and is now working to leave his mark in the industry by creating a mining browser.
Chen told Block Asia, “Twenty years ago I believed that the Internet will change the world, so I wanted to develop a browser. Now I think that blockchain will change the world, so I’m going to join blockchain.”
The new mining browser, called LivesOne, can be downloaded at lives.one.
He said, “The purpose of LivesOne is to create an application platform that’s not too hard to use. Most products are too complicated for the mass market. LivesOne is a gateway for users to understand blockchain by using the browser.
“When you use it, you are rewarded with LivesTokens. If you perform more activities using the browser, like games or shopping, you get more tokens. You can then use the tokens you get for other things.
“This is also how we build a market for the LivesToken.”
Having already had access to Maxthon’s large user base, Chen aims to bring some users of Maxthon to his new browser.
“I’d like to get some Maxthon people to use the new mining browser and reward them,” he said.
While the Maxthon browser, like other conventional browsers, was built to be profitable, the LivesOne browser will not be for profit, according to Chen.
He told Block Asia, “If more users use the browser, they get the cryptocurrency, and they get rewarded as the value of the LivesToken increases.”
Chen also started the Symbiosism Economy Foundation (SEF) early this year in Singapore to support his LivesOne browser project.
SEF officially became a member with voting rights of the Singapore FinTech Association three months ago.
Chen said, “In China I’ve always wanted to go out of China. Singapore is a beautiful place that unites the East and the West. Coming here really paid off. I don’t think I would be able to do all these stuff in China as the culture is different.”