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Exploring The Meme Coin Craze: Risk, Hype, And Online Communities

Exploring The Meme Coin Craze: Risk, Hype, And Online Communities

Over the past weeks, social media platforms have been buzzing with tales of traders who seemingly hit the jackpot by investing in the PEPE meme coin. These stories of overnight success raise an important question: Can meme coins truly be relied upon as a means to accumulate wealth, or are they akin to playing the lottery and relying on luck?

To find the answer, we must explore the diverse strategies employed by various socio-economic classes when engaging with the lottery. The comparison between meme coins and lotteries sheds light on the different perspectives towards wealth accumulation.

Meme coins, for those unfamiliar, are digital currencies inspired by internet memes. Unlike traditional cryptocurrencies, meme coins typically lack practical applications beyond being traded and shared among users. Their value is heavily influenced by social media sentiment and other factors, leading to substantial price swings and the potential for market manipulation. While meme coins carry significant risks, they have amassed a substantial following of individuals who see them as a means of challenging established financial systems and connecting with like-minded communities online.

The PEPE meme coin, in particular, experienced a staggering 9,071% surge in value prior to its listing on Binance, reaching an astounding market capitalization of $1.8 billion. However, cautionary advice is now being shared among traders due to the coin’s recent breach of crucial trend and support levels. Meme coins, especially those developed by anonymous teams, are susceptible to “rug pulls,” where developers abandon the project, leading to a collapse in value. Additionally, price volatility tends to be most pronounced during Asian trading hours.

On the other hand, we have the allure of the lottery, where the promise of instant wealth with minimal effort and investment proves irresistible to many. Despite the astronomical odds of winning a jackpot (1 in 300 million for Powerball), the average player spends close to $200 per year, which accumulates to a significant sum over time. Surprisingly, research suggests that those who fall into the lower socio-economic class tend to play the lottery regardless of the odds, while wealthier individuals only participate when the jackpot offers substantial returns. For the wealthy, a $10 million win may not make a significant impact, but a jackpot exceeding $100 million piques their interest.

In essence, the PEPE meme coin and the lottery represent two sides of the same coin. Both offer the allure of swift wealth with minimal investment, but both carry substantial risks. While Buffet’s investment strategy prioritizes safety and is grounded in long-term schemes, playing the lottery or investing in meme coins resembles a game of chance, hoping for the best outcome.

What Other Meme Coins Are Making Waves?

The surge in popularity of meme coins can be attributed to various factors, including the growing fascination with cryptocurrencies and the relative ease of creating new digital currencies. Several meme coins have garnered attention for their clever branding and incorporation of popular culture references, which have fueled interest and speculation. The social media-driven aspect of meme culture has also played a significant role, with influencers and online communities endorsing their preferred coins and spreading the word to their followers.

This has created a frenzied environment of buying and selling, as investors aim to capitalize on the hype and take advantage of the unpredictability of these highly speculative assets.

Here are several meme coins that have gained popularity and attention:

  • AiDoge: AiDoge positions itself as a new web3 platform for meme creation and sharing using AI technology. The project has gained significant attention, with its presale reportedly raising over $5.5 million.
  • Ordi: Ordi is a meme coin paying homage to the Ordinals protocol, which is currently the largest with a value of $400 million.
  • BOB: BOB is an AI bot that provides tweet summaries to Twitter users who reply with “@ExplainThisBob”. Its programming includes automatic responses to tweets made by Elon Musk, which have earned BOB praise from Musk himself and garnered a large following of several thousand users.
  • MONG: MONG is a recently launched meme cryptocurrency project in 2023. What sets MONG Coin apart from other meme cryptocurrencies is its association with an established NFT collection called MONGS NFT, which was created in January 2022. The collection features 6,943 NFTs, with each NFT portraying a distinct mungo (mongoose).
  • TURBO: TURBO is an innovative cryptocurrency with a unique token economy that aims to become the meme coin of the future. Unless many other meme coins, TURBO is developed almost exclusively using ChatGPT.
  • LADYS: Milady Meme Coin has its native token called LADYS, which can be utilized to pay for online goods and services. The token’s value received a lot of attention after Elon Musk tweeted about the Milady NFT meme. Currently, the market capitalization of this meme token has exceeded $100 million.
  • WOJAK: WOJAK is a new ERC-20 token, inspired by the famous Wojak meme. Since its inception, the token has gained massive momentum and at its peak, it has surged over 1000%.
  • Floki: Floki is a cryptocurrency that initially started as a meme coin inspired by the dog of Elon Musk. However, it has now transformed into a complete Web3 ecosystem that comprises NFTs, DeFi, a metaverse, and prepaid gift cards for Visa and Mastercard. The project has gained a lot of attention as it was recently added to the list of cryptocurrencies on Binance.
  • XRdoge: XRdoge  is a meme coin on the XRP ledger. Similar to Floki, they are not a new meme coin. The reason why they are mentioned is that I felt that XRP needs to have their own doge and have some fun. The fun elements could bring more hype to the Ripple ecosystem.

The newer memes that are trying to ride on the PEPE waves, like BIBI, BOBO, PEPO, and PIPI would need to find their own niche very soon. Other Chinese-themed coins like Pogai and LowB got to gather more mandarin speaking communities to join in the fun. If you are a Cate, SquidGrow, TSUKA or Renewable coin and not part of the frog or dog craze, you just got to wait for your turn to shine.

It is worth mentioning that while newer meme coins have recently gained significant popularity, older meme coins such as Doge, Shiba Inu, Pitbull, RichQuack, Saitama, Baby Doge, Safemoon continue to thrive by actively maintaining their community and working on their projects. This demonstrates their commitment to longevity and a sustained presence in the ever-changing world of cryptocurrency. The level of dedication and perseverance displayed by these coins is a positive indication for the meme coin industry, as it suggests that some of these coins may have staying power beyond just a momentary hype cycle. The continued relevance and demand for these older meme coins highlight their ability to maintain a loyal following and leave a lasting impact, even in the midst of emerging trends and shifting market conditions.

In conclusion

It should be noted, however, that meme coins are known for their strong online communities, driven by hype and speculation, and may not necessarily have serious real-world use cases or underlying technology.

Like what I have mentioned on Twitter: “Dear #memecoins, if you are popular you can talk about utility, payment, games etc. If you are not popular and nearing being forgotten, you need to be fun…”

The underlying for its success would still be community and having fun together. If a meme coin survives the initial stages and gains support from its community, its games, NFTs, or even metaverse would have a much higher chance of success. Their new revenue streams would be vital for them to survive in the bear market and beyond.

It’s essential to consider the risks and rewards of any investment opportunity carefully. While the promise of quick wealth might be tempting, long-term, low-risk investments are the safest and most reliable way to accumulate wealth.

 

Source: https://www.benzinga.com/23/05/32628423/exploring-the-meme-coin-craze-risk-hype-and-online-communities

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

Meme Coin and Lottery: Two Sides of the Same Coin?

Meme Coin and Lottery: Two Sides of the Same Coin?

Last week, social media was abuzz with success stories of traders who struck gold overnight by investing in the PEPE meme coin. But is this really a reliable way to accumulate wealth, or is it more like playing the lottery and hoping for the best? The answer lies in the different approaches taken by different socio-economic classes when it comes to playing the lottery.

What is a meme coin?

Meme coins are digital currencies that use internet memes as their inspiration. Unlike traditional cryptocurrencies, meme coins do not typically have real-world applications or use cases beyond being shared among users. Meme coins function similarly to standard cryptocurrencies and can be bought and sold on cryptocurrency exchanges such as Binance, OKX, Coinbase, Bybit and Gemini.

They are known for their high volatility, and their prices are heavily influenced by social media sentiment and other factors, making them prone to sudden price swings and market manipulation, which has resulted in some investors losing substantial amounts of money. However, despite their risky nature, meme coins still have a significant following of supporters who view them as a means of challenging conventional financial systems and interacting with a broader online community of like-minded individuals.

PEPE meme coin a lottery?

The PEPE meme coin experienced an astronomical 9,071% surge in the run-up to its Binance listing, reaching a jaw-dropping market capitalization of $1.8 billion. However, given the coin’s recent breaking of crucial trend and support levels, traders are now urged to be cautious and focus on risk management. Meme coins, especially those with anonymous developer teams, are vulnerable to rug pulls, and price fluctuations tend to be the most pronounced during Asia trading hours.

So, what can we learn from this? On one hand, we have the billionaire investor Warren Buffet, who invests in blue-chip stocks that closely follow the growth of the US economy. Using funding that consistently remains 2-3% below his peers’ funding rates, Buffet has managed to amass a personal fortune of $112.8 billion. The US economy has shown steady growth over his lifetime, and investing in well-known blue-chip names was sufficient to benefit from this growth. Buffet’s success holds two crucial lessons: investing in blue-chip names without taking unnecessary risks is adequate, and staying in the game for an extended period allows for the accumulation of substantial wealth. Thus, safety and longevity are critical factors in becoming wealthy.

On the other hand, we have the lottery, where the promise of achieving wealth quickly with minimal investment and effort is too hard for people to resist. Despite the astronomical odds of winning the Powerball jackpot – 1 in 300 million – the average player spends nearly $200 per year, which accumulates to a considerable amount over time. Although everyone contributes a meager sum, only a handful of lucky people get to enjoy the perks, effectively making everyone else pay for the winner’s winnings.

Interestingly, research indicates that the “poor” tend to play the lottery regardless of the odds, while the “rich” only do so when the jackpot offers significant returns. For the wealthy, winning a $10 million jackpot might not make much of a difference, but a $100 million or higher jackpot would pique their interest.

The PEPE meme coin and the lottery are two sides of the same coin. Both offer the possibility of quick wealth with minimal investment, but both come with significant risks. While Buffet’s investment strategy emphasizes safety and is usually a long-term scheme, playing the lottery or investing in meme coins is more like playing the odds and hoping for the best.

What othermeme coins are making waves?

The surge in popularity of meme coins can be attributed to various factors, including the growing fascination with cryptocurrencies and the relative ease of creating new digital currencies. Several meme coins have garnered attention for their clever branding and incorporation of popular culture references, which have fueled interest and speculation. The social media-driven aspect of meme culture has also played a significant role, with influencers and online communities endorsing their preferred coins and spreading the word to their followers.

This has created a frenzied environment of buying and selling, as investors aim to capitalize on the hype and take advantage of the unpredictability of these highly speculative assets.

Here are several meme coinsthat have gained popularity and attention:

  • AiDoge

AiDoge positions itself as a new web3 platform for meme creation and sharing using AI technology. The project has gained significant attention, with its presale reportedly raising over $6.5 million.

  • Ordi

Ordi is a meme coin paying homage to the Ordinals protocol, which is currently the largest with a value of $400 million.

  •  BOB

BOB is an AI bot that provides tweet summaries to Twitter users who reply with “@ExplainThisBob”. Its programming includes automatic responses to tweets made by Elon Musk, which have earned BOB praise from Musk himself and garnered a large following of several thousand users.

  • MONG

MONG is a recently launched meme cryptocurrency project in 2023. What sets MONG Coin apart from other meme cryptocurrencies is its association with an established NFT collection called MONGS NFT, which was created in January 2022. The collection features 6,943 NFTs, with each NFT portraying a distinct mungo (mongoose).

  • TURBO

TURBO is an innovative cryptocurrency with a unique token economy that aims to become the meme coin of the future. Unless many other meme coins, TURBO is developed almost exclusively using ChatGPT.

  • LADYS

Milady Meme Coin has its native token called LADYS, which can be utilized to pay for online goods and services. The token’s value received a lot of attention after Elon Musk tweeted about the Milady NFT meme. Currently, the market capitalization of this meme token has exceeded $52 million (As of 20th May 2023).

  •  WOJAK

WOJAK is a new ERC-20 token, inspired by the famous Wojak meme. Since its inception, the token has gained massive momentum and at its peak, it has surged over 1000%.

  • Floki

Floki is a cryptocurrency that initially started as a meme coin inspired by the dog of Elon Musk. However, it has now transformed into a complete Web3 ecosystem that comprises NFTs, DeFi, a metaverse, and prepaid gift cards for Visa and Mastercard. The project has gained a lot of attention as it was recently added to the list of cryptocurrencies on Binance.

  • XRdoge

XRdoge is a meme coin on the XRP ledger. Similar to Floki, they are not a new memecoin. The reason why they are mentioned is that I felt that XRP needs to have their own doge and have some fun. The fun elements could bring more hype to the Ripple ecosystem.

The newer memes that are trying to ride on the PEPE waves, like BIBI, BOBO, PEPO, and PIPI would need to find their own niche very soon. Other Chinese-themed coins like Pogai and LowB got to gather more mandarin speaking communities to join in the fun. If you are a Cate, SquidGrow, TSUKA or Renewable coin and not part of the frog or dog craze, you just got to wait for your turn to shine.

It is worth mentioning that while newer meme coins have recently gained significant popularity, older meme coins such as Doge, ShibaInu, Pitbull, RichQuack, Saitama, Baby Doge, Safemoon continue to thrive by actively maintaining their community and working on their projects. This demonstrates their commitment to longevity and a sustained presence in the ever-changing world of cryptocurrency. The level of dedication and perseverance displayed by these coins is a positive indication for the meme coin industry, as it suggests that some of these coins may have staying power beyond just a momentary hype cycle. The continued relevance and demand for these older meme coins highlight their ability to maintain a loyal following and leave a lasting impact, even in the midst of emerging trends and shifting market conditions.

In conclusion

It should be noted, however, that meme coins are known for their strong online communities, driven by hype and speculation, and may not necessarily have serious real-world use cases or underlying technology.

Like what I have mentioned on Twitter: “Dear #memecoins, if you are popular you can talk about utility, payment, games etc. If you are not popular and nearing being forgotten, you need to be fun…”

The underlying for its success would still be community and having fun together. If a meme coin survives the initial stages and gains support from its community, its games, NFTs, or even metaverse would have a much higher chance of success. Their new revenue streams would be vital for them to survive in the bear market and beyond.

It’s essential to consider the risks and rewards of any investment opportunity carefully. While the promise of quick wealth might be tempting, long-term, low-risk investments are the safest and most reliable way to accumulate wealth.

 

Source: https://themoneymongers.com/meme-coin-vs-lottery/

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

Sandbox (SAND) coin price prediction: What’s next for the token?

Sandbox (SAND) coin price prediction: What’s next for the token?

SAND, the coin of blockchain-based play-to-earn metaverse Sandbox, has a had a good week rising 15% to reach $2.93 today (21 April).

However this comes after a disappointing first half to the month when it was at $3.79 but slid down as low as $2.6.

The latest boost comes after reports that majority owner, the blockchain gaming developer Animoca Brands, was trying to raise $400m from new and existing investors. Last November it raised $93 million in a round led by SoftBank Vision Fund 2.

What is the outlook for the coin? What is a realistic future price target? What factors could shape any Sandbox coin price prediction for 2022, 2025 and 2030?

In this article we look at the latest analyst Sandbox price predictions, news and analysis to help you decide if you shoud make SAND part of your portfolio.

What is a Sandbox coin?

Sandbox is a play-to-earn game that combines blockchain technology and non-fungible tokens (NFTs) in a three-dimensional (3D) metaverse. It focuses on user-generated content which helps further develop the platform.

The game was initially known as two separate mobile hits: The Sandbox, which was launched in 2011, and The Sandbox Evolution, which was launched in 2016. Together, the two games generated around 40 million downloads across the Android and iOS platforms.

In 2018, the games’ developer, Pixowl, was acquired by Hong Kong-based game software company Animoca Brands which integrated the popular games into the blockchain ecosystem.

Sandbox is hosted on the Ethereum network and is powered by SAND, an ERC-20-based token.

Inspired by major game-creation systems such as Minecraft and Roblox, Sandbox allows players not just to create their own worlds and games, but also to have true ownership of their creations as NFTs. In exchange for participating and playing, players earn SAND tokens.

According to the metaverse’s whitepaper, the current game market limits creator rights and ownership, an issue which Sandbox aims to overcome “while accelerating blockchain adoption to grow the blockchain gaming market”.

The game itself is split into three parts:

  • VoxEdit, where players can create and animate 3D objects such as people, animals, tools and foliage. These are then exported into The Sandbox marketplace, where they become game ASSETS and are sold as NFTs.
  • The Sandbox marketplace where users can upload, publish and sell their ASSETS as ERC-721 and ERC-1155 tokens. The Marketplace launched on 30 March 2021.
  • GAMEMAKER, where players who own ASSETS can use them to play the game itself. Players can place their ASSETS within a piece of LAND (an ERC-721 token) that they own within the Sandbox metaverse. This LAND can be decorated with a number of ASSETS which can be given predefined behaviours through visual scripting nodes. Thus, players are able to turn their LAND into a potential full game experience. Several LANDS can be combined by players to form an ESTATE.

The SAND token fuels the platform and can be earned by selling ASSETS, by owning LAND which can be rented or populated with content to increase its value, and/or by building and monetising games through the GAME MAKER function on the LANDS that are owned by players.

The token also:

  • Gives players access to the platform. Players use SAND tokens to play games, make in-game purchases and customise their avatars. SAND is also charged to upload ASSETS on the marketplace and purchase Gems that define an ASSET’s rarity and scarcity.
  • SAND holders are granted governance and can exercise voting rights on key features within the project’s roadmap.
  • Players can stake their SAND tokens in order to earn more. This is also the only way that players can earn the Gems and Catalysts that are needed for ASSET creation.

Players get to keep 95% of their SAND revenue.

The total supply of SAND coins stands at three billion, with 1.16 billion in circulation. The token reached over $3.39bn in market capitalisation and is ranked the 41st largest cryptocurrency by CoinMarketCap as of 21 April 2022.

SAND price driven by partnership & investor news

The Sandbox token’s outlook started to look much more positive at the start of February 2021, following Sandbox’s partnership with cryptocurrency price-tracking website CoinMarketCap for the latter to release an NFT collection on the metaverse.

In the following months, the token’s price kept moving sideways before it reached $3.22 on 3 November 2021, after the metaverse announced on 2 November that it had gained $93m from Softbank Vision Fund 2 investors, which would help the platform scale up its growth strategy, operations and player acquisition.

By then, Sandbox already had over 165 partners, including popular US rapper Snoop Dogg, and famous TV series The Walking Dead and the Smurfs. The project had also partnered up with Liberty City Ventures, Galaxy Interactive and Adidas Originals.

On 25 November 2021, the token had reached its all-time high of $8.4 – a 16,387% surge since its launch at $0.051 on 15 August 2020.

On 1 December 2021 Sandbox announced that players could purchase plots next to the one where Snoop Dogg was building his mansion, Snoopverse. This led the SAND token to grow by just 2.% from $6.58 on 1 December to $6.71 the following day.

Following an overall drop in bitcoin and ether prices at the start of December, SAND also fell by 29% to $4.78 by mid-month, despite having secured partnerships with 10 exchanges, as well as a MAUER NFT collection memorialising the Berlin wall.

On 21 December 2021, the metaverse’s partner, Canadian electronic music producer deadmau5, announced the launch of his NFT collection on the Sandbox marketplace which pushed the SAND token’s price up to $6.73 on 26 December, an increase of by 41% from its 14 December low.

Bank of America strategist Haim Israel said on 1 December that the metaverse will make cryptocurrencies even more popular than they already were, thus boosting price targets for many metaverse-based crypto tokens including SAND. On 18 January 2022, investment firm JP Morgan Chase agreed with BoA’s bullish predicament by publishing a report saying that the metaverse industry could possibly reach over $1t in yearly revenues. The firm’s report mentioned Sandbox as one of the “main metaverse platforms”.

However, the token’s value line on the chart started to decline once again, amid a general dip in the crypto market at the start of 2022 due to the possibility of tightening monetary policy and geopolitical tensions.

What’s next for the metaverse?

One silver lining for the SAND token price was Snoop Dogg’s announcement on 27 January 2022 that he would be launching a series of Snoop Dogg metaverse avatars on the platform. The news pushed the token’s price by 61.28% from $2.99 on 22 January to $4.81 on 8 February 2022. The NFTs were minted on 22 February and have the potential to hike the token’s price once again.

In more recent SAND coin news, partnerships with Gucci and Ubisoft  were unable to offset the overall bearish forecast in the markets, with the token reaching $3.11 on 22 February – a 35.4% drop since 8 February.

The platform also partnered with Warner Music Group which will create a music-themed world in the metaverse as the platform plans to launch its first virtual concerts in the third quarter of 2022.

A mobile version of the metaverse is anticipated for some time in the fourth quarter of 2022.

BigOne Exchange chair Anndy Lian told Capita.com that Sandbox heavily relies on Ethereum’s performance, making the token quite volatile.

“Personally, I do like the developments of the project. But I do want to point out some angles for improvement. Firstly, the project relies heavily on Ethereum’s performance. I do think that, given the right situation, they should look at building on another blockchain or even their own chain.

“Secondly, their game needs to be attractive enough to draw in more users while retaining the old ones. I hope to see more game enhancement and token utility that comes along with it.”

Sandbox coin price prediction 2022-2030

Algorithm-based forecasting service WalletInvestor gave a bullish SAND price prediction at the time of writing (21 April), calling it an “awesome long-term investment”.

Based on its analysis of the cryptocurrency’s past performance, the forecasting service’s SAND crypto price prediction was it could trade at $6.4 by April 2023 and reach $21.2 in five years.

DigitalCoinPrice supported the bullish Sandbox crypto price prediction but at a much slower pace, seeing the coin reach $3.77 in 2022 and $5.57 by 2025.

The site’s SAND prediction was that the token was expected to hit $6.53 in 2027 and by 2030, the token’s price could reach $13.34

Please note that Sandbox predictions can be wrong. SAND coin price predictions shouldn’t be used as a substitute for your own research. Always conduct your own due diligence before investing. And never invest or trade money you cannot afford to lose.

Analyst views on SAND

Bitbank crypto market analyst Yuya Hasegawa told Capital.com that upbeat comments on the Sandbox metaverse from financial institutions like Bank of America and JP Morgan, as well as sales of collaborative items with celebrities and popular brands, are attracting investors to the platform.

Hasegawa was interviewed before Russia invaded Ukraine on 24 February 2022.

“However, although SAND and some other metaverse-related tokens have outperformed bitcoin in the last quarter, the current market environment – not limiting to the crypto market – is heavily affected by the situation at the Russia-Ukraine border and investors are being quite defensive,” he noted.

“So, even though SAND has a lot of growth potential in the long run, as the industry itself is still in a sort of ‘experimental’ or ‘developmental’ phase, the financial market as a whole has to wait and see how the situation at the Russia-Ukraine border rolls out.”

Invezz data analyst Dan Ashmore added that the token managed to piggyback off the wider boom in the metaverse caused by Facebook rebranding to Meta in October.

“Further fuel was provided via high-profile partnerships, including Gucci, Warner Music Group and Snoop Dogg (offering shopping experiences, virtual concerts and playable avatars respectively). Particularly exciting going forward is the focus on user-generated content.

“Objects and interactive games can be created and sold on the marketplace. With the internet increasingly focused on content creation (YouTube, TikTok etc), ATH above $8 could be achievable in the next year or two, although that will depend on the wider crypto market,” he concluded.

 

Original Source: https://capital.com/sandbox-sand-coin-price-prediction

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