35-year-old American moved to Chengdu and lives on $30,000 a year: "[It's] poverty in America, but in China I'm living large'
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币界网报道：American entrepreneur David Johnson relocated his blockchain startup from Silicon Valley to Shanghai, citing China's growing Web3 ecosystem and favorable regulatory environment. The 38-year-old founder moved his 12-person team last month after securing $5 million in funding from Asian investors. "China's clear crypto policies and advanced digital infrastructure provide stability we lacked in the U.S.," Johnson told CNBC. His company, ChainNova, develops enterprise blockchain solutions and plans to expand its Shanghai office to 50 employees by year-end. The move highlights China's increasing appeal to Web3 businesses despite ongoing U.S.-China tech tensions.
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