Tag Archives: build

Trump family may build ‘giant businesses’ on Ethereum — Lubin

Trump family may build ‘giant businesses’ on Ethereum — Lubin

The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.

This speculation follows the release of several Trump-branded memecoins and Donald Trump’s inauguration as the 47th president of the United States on Jan. 20.

Joseph Lubin, co-founder of Ethereum and founder of Consensys, hinted at the development in a Jan. 21 post on X.

“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum,” Lubin wrote. “The Trump administration will do what is good for the USA, and that will involve ETH.”

Lubin suggested that the Trump administration might eventually integrate Ethereum technology into government activities, similar to its current use of internet protocols.

While no official announcement has been made, Lubin pointed to some tell-tale signs, including recent Ether purchases by Trump’s World Liberty Financial (WLFI) decentralized finance platform.

The WLFI-labelled wallet has amassed 55,341 ETH, worth over $183 million, making Ether the wallet’s largest holding after the Circle’s USD Coin stablecoin, Arkham Intelligence data shows.

Trump to bring crypto, TradFi convergence

The Trump administration may also bring more regulatory clarity, enabling greater integration between traditional finance and the cryptocurrency industry, according to Franklin Templeton CEO Jenny Johnson.

More regulatory clarity could act as a catalyst for market growth, especially developments around crypto-based exchange-traded funds (ETFs), according to Ryan Lee, chief analyst at Bitget Research.

Lee told Cointelegraph:

“This convergence may enhance the legitimacy of cryptocurrencies, paving the way for the development of financial products such as ETFs and tokenized assets. However, it also introduces challenges, including higher compliance costs, heightened security concerns, and the persistent issue of managing market volatility.”

However, regulatory clarity is needed first to offer a “stable framework for crypto businesses,” which will ultimately attract more market participants, Lee added.

Trump family memecoins may present new challenges for crypto legislation

Meanwhile, the Trump family’s memecoins may present a new legal gray area for the US securities regulator.

The memecoin launches could bring more regulatory enforcement from the Securities and Exchange Commission, as they set a “precedent that could blur the lines between celebrity, politics and finance,” according to Anndy Lian, an author and intergovernmental blockchain adviser.

Lian told Cointelegraph:

“The question now is whether the SEC will tighten regulations to curb potential market manipulations or if they will adapt to this new reality by establishing clearer guidelines for such tokens.”

“The risk here is that without stringent oversight, the market could be flooded with similar tokens, potentially leading to volatility, scams or even undermining the credibility of cryptocurrencies,” Lian said.

The Official Trump (TRUMP) token has staged a 24-hour recovery of over 10.5% at the time of writing, but remains 44% down from its all-time high of $75.35 recorded on Jan. 19, CoinMarketCap data shows.

 

Source: https://cointelegraph.com/news/trump-family-ethereum-giant-businesses-lubin

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Community is the Best Marketing Tool: How Memecoins and Gaming Unite to Build Thriving Web3 Communities

Community is the Best Marketing Tool: How Memecoins and Gaming Unite to Build Thriving Web3 Communities

Taipei Blockchain Week 2024 played host to a fascinating discussion on the power of community in the Web3 space. The “Nice to Meme You” side event, co-hosted by Memecore, The Shib Magazine, Neiro, and BlockTempo, brought together a panel of experts to explore the theme: “Community is the Best Marketing Tool: How, When, and What?” Moderated by Anndy Lian, Managing Director of LIFT Ecofund and best-selling author, the panel featured Kyle, Community Admin of OG Peanut, and Russell Bennett, Founder of Metacade. The discussion offered valuable insights into how meme coins and gaming are leveraging community engagement to drive growth and create lasting value.

Building From the Ground Up: Two Different Approaches

Russell Bennett shared Metacade’s journey, highlighting the importance of community from its inception as an ICO two years prior. “Community is the single biggest reason why your project will succeed,” he emphasized. Metacade’s strategy focuses on transparency, building in public, and fostering trust within its community. By offering gaming utility and creating positive experiences, Metacade aims to attract and retain users, demonstrating that community building is not something that can be faked. “It’s clear within the meme culture,” Bennett noted, “the community identity, somewhere to turn up every day, is absolutely key.”

In contrast, Kyle from OG Peanut, a newer project, described a community built on shared experiences and personal connections. He highlighted the 24/7 voice chat where members connect on a deeper level, sharing both the highs and lows of life. “Even on the biggest red days,” Kyle shared, “I join VC and people are celebrating…a big win in life is much more important than the market cap at that moment.” This focus on genuine human connection has created a strong bond within the OG Peanut community, driving organic growth and engagement.

Bridging the Gap: Gaming and Meme Coins

Anndy Lian then explored the intersection of gaming and meme coin communities. Bennett explained how Metacade bridges this gap by allowing meme projects to utilize their tokens within the gaming ecosystem. This provides utility for meme coins while offering engaging experiences for gaming communities. “If you are a gamer, if you love the meme project that you’re in,” Bennett stated, “then you’re likely to be involved in both.” This symbiotic relationship benefits both sides, creating a win-win scenario for projects and their communities. Metacade’s commitment to supporting smaller projects, even offering grants and funding, further strengthens this collaborative approach.

Kyle echoed the sentiment of community-driven growth, emphasizing the importance of organic marketing efforts. He described how OG Peanut community members actively promote the project through word-of-mouth, sticker campaigns, and social media engagement. This grassroots approach, combined with a focus on creating viral content on platforms like TikTok, has proven effective in expanding their reach.

The Secret Recipe: Authenticity and Unity

The panelists agreed that the key to successful community building lies in authenticity and unity. For Metacade, this translates to transparency and a commitment to delivering valuable experiences. For OG Peanut, it’s about fostering genuine connections and celebrating shared moments, both big and small. Both projects emphasize the importance of putting people first, prioritizing community well-being over short-term market fluctuations.

Kyle’s closing remarks highlighted the power of unity within the meme coin space. “I think we can unite rather than divide,” he stated, advocating for collaboration and mutual support among projects. Bennett reinforced this message, encouraging projects to reach out for support and collaboration. “If you’ve got something that you need a second opinion on, get exposure on, get a leg up,” he offered, “please do contact us.”

Key Takeaways and Future Outlook

The “Nice to Meme You” panel provided valuable insights into the evolving landscape of Web3 communities. The key takeaways include:

  • Community is King: A strong, engaged community is essential for project success in the Web3 space.
  • Authenticity Matters: Building genuine connections and fostering trust are crucial for long-term community growth.
  • Utility Drives Engagement: Providing real-world utility for tokens enhances community participation and value.
  • Collaboration is Key: Working together and supporting each other benefits all projects within the ecosystem.

The panel’s emphasis on community-driven growth and collaboration offers a promising glimpse into the future of Web3. By prioritizing genuine connection and shared experiences, projects like Metacade and OG Peanut are building thriving ecosystems that extend beyond the volatile world of cryptocurrency prices. As Anndy Lian concluded, “Community is the best marketing tool,” and the projects that embrace this principle are poised for long-term success.

https://youtu.be/_CFQ9Mq33tg

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

MemeCore Continues to Build its Footprint at the OKX MemeCoin Summit

MemeCore Continues to Build its Footprint at the OKX MemeCoin Summit

MemeCore, an innovative Layer-1 blockchain purpose-built for the meme coin space, is proud to announce its continued partnership with OKX at the recent MemeCoin Summit held on September 18, 2024. This event, an official side event of the renowned Token2049 conference in Singapore, saw MemeCore return as a sponsor, further solidifying its commitment to the burgeoning meme coin ecosystem.

MemeCore’s presence at the summit follows its successful collaboration with OKX at Korea Blockchain Week (KBW) 2024. The jointly hosted event at KBW drew an impressive 1,200 attendees and garnered significant social media exposure, reaching over 200,000 individuals. This continued partnership with OKX, a global leader in cryptocurrency exchange and Web3 technology, underscores MemeCore’s dedication to collaborating with industry leaders to drive innovation and growth within the meme coin sector.

The event was buzzing with activity, featuring a variety of engaging activities. Attendees tested their skills at game booths, with frisbee, shooting, and basketball challenges adding an element of fun competition to the event. The summit also provided a platform for thought leadership, with panel discussions delving into the future of meme coins, decentralized finance (DeFi), and the evolving landscape of the blockchain industry.

The event was further strengthened by the participation of major industry players. Gold sponsors included Polygon, a leading platform for building Ethereum-compatible blockchains; Aptos, a Layer-1 blockchain focused on scalability and security; and Ankaa, a Web3 accelerator supporting innovative projects. Other notable sponsors included 1Inch, Deeplink, Fractal, DappOS, Scallop, ME Foundation, Google, and JE Labs. Media partners such as Slow Mist, a blockchain security firm, and CoinTelegraph, a leading cryptocurrency news outlet, further amplified the summit’s reach and impact.

“The Memecoin Summit was an important event for MemeCore to showcase its vision to unite the meme coin community into one chain, as well as its commitment to shaping the future of meme coin through partnerships. MemeCore will provide the infrastructure and platform to ensure that Memecoin is not just a trend, but a cultural movement.,” said Anndy Lian, Managing Director for LIFT Ecofund at MemeCore. ” We will continue to grow with the community through creative collaboration.”

About OKX:

OKX is a leading global cryptocurrency exchange and Web3 technology company. Trusted by more than 50 million users worldwide, OKX offers a comprehensive suite of products and services, including spot and derivatives trading, NFTs, DeFi, and more. OKX Ventures, the investment arm of OKX, is committed to supporting entrepreneurs and projects that are building the future of the blockchain industry.

About MemeCore:

The MemeCore Foundation is a Meme-Chain designed to support the MemeCoin community through seamless interaction with Memes in other blockchain ecosystems. MemeCore’s priority is becoming a “memeable” space, building a community for memes, and fostering innovation to support the Meme coin community. MemeCore believes that memecoin is not just a trend but a cultural movement. Our mission is to let memecoin communities participate in a decentralized future with creativity and inclusiveness.

 

Source: https://apnews.com/press-release/marketersmedia/memecore-continues-to-build-its-footprint-at-the-okx-memecoin-summit-9a4d82d07cd123c80e49e6ae57c547d9

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j