<s>
BlogCN	B-Protocol
was	O
the	O
first	O
free	O
blog	O
hosting	O
service	O
provider	O
in	O
China	O
.	O
</s>
<s>
Based	O
in	O
the	O
eastern	O
city	O
of	O
Hangzhou	O
,	O
BlogCN	B-Protocol
has	O
built	O
the	O
world	O
's	O
largest	O
Chinese	O
blog	O
community	O
,	O
blog	O
hosting	O
service	O
,	O
and	O
blog	O
search	B-Application
engine	I-Application
.	O
</s>
<s>
BlogCN	B-Protocol
simultaneously	O
introduced	O
a	O
virtual	O
coin	O
system	O
to	O
purchase	O
such	O
services	O
.	O
</s>
<s>
The	O
total	O
value	O
of	O
BlogCN	B-Protocol
was	O
estimated	O
at	O
US$	O
10,000,000	O
.	O
</s>
<s>
Zhiguang	O
Hu	O
,	O
the	O
founder	O
and	O
now	O
director	O
of	O
BlogCN	B-Protocol
,	O
was	O
featured	O
in	O
an	O
article	O
in	O
the	O
August	O
24	O
,	O
2005	O
issue	O
of	O
BusinessWeek	O
entitled	O
A	O
Watchful	O
Eye	O
on	O
China	O
's	O
Blogosphere	O
.	O
</s>
