Tag Archives: finance

Anndy Lian tells Yahoo Finance “It is good to see another mainstream listed company [GAMESTOP] heading into the crypto space”

Anndy Lian tells Yahoo Finance “It is good to see another mainstream listed company [GAMESTOP] heading into the crypto space”

GameStop NFT Marketplace Rumors Swirl — What It Means for the Future of the Meme Stock

GameStop is going meta. The company, which reached a somewhat cult status among the Reddit army with its meme stock, has posted a slew of NFT-platform and Web3 gaming jobs on its career page this week, and rumors are flying as to what and when the company will launch.

The company also has a barebone website dedicated to an NFT platform, which says “We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders. If you want to join our team, send your profile or something you’ve built to: nfteam@gamestop.com.”

“Just like we saw with Amazon hiring for crypto and blockchain specialists earlier this year, we’re seeing more and more companies looking to integrate crypto and blockchain into their roadmaps,” Stephen Stonberg, CEO of Bittrex Global, told GOBankingRates. “The future includes crypto as well as its underlying technology blockchain — which has proven to be a catalyst of innovation in so many sectors outside of its well-known home base. Blockchain is really the key to a metaverse-esque future for gaming, retail, the medical sector, and other industries. It’s exciting to see frontrunners in each market category push for the integration of blockchain within their respective sector.”

The job postings include three director of marketing- NFT platform positions; three senior software engineers- NFT platform positions; and two product owner- Head of Web3 gaming positions.

Tobias Batton, Founder and CEO at Ex Populus, an entertainment brand and publishing platform built entirely on Ethereum, told GOBankingRates that “GameStop holds a very special place in the heart of the game and investment community and it’s encouraging to see the company leverage its resources to create an innovative new platform that drives the industry forward.”

Batton added that it is inevitable that smart contracts will become ubiquitous and commonplace in the commerce of games and even within the games themselves. NFTs in video games are the likely species of blockchain technology to lead the way in the mass adoption of crypto and its various appendages.

“We are cheering for GameStop and are eager to meet them in the arena as a competitor,” Batton said.

Anndy Lian, Chairman, BigONE Exchange and founding member of NFT studio and marketplace INFLUXO, echoes the sentiment, telling GOBankingRates that “it is good to see another mainstream listed company heading into the crypto space.”

“Many of my friends think that this is a bullish sign for investors. I also see Redditors are claiming that they will buy more GME Shares when the marketplace happens. There will be an overflow to the crypto markets, too. From our exchange’s perspective, we have received more inquiries about listing of NFT Marketplaces in the last 24 hours, Lian added. “With the added publicity, I believe more companies will ride on the waves and take this as a chance. This would also mean that we will see more blockchain and crypto adoption through storefront locations, for example. Web 3.0 marketplace will be greater when more people are talking and using it.”

GameStop started getting in the news last January, when retail traders on the subreddit group WallStreetBets, who were intent on taking down hedge-fund short sellers by buying shares of stocks that didn’t seem to have much of a chance of success, sent stocks, including GameStop, soaring (and then crashing). This led to a slew of events, including a record 400% weekly gain for the week ending Jan. 29, which triggered intense regulatory scrutiny. Last week, the Securities and Exchange Commission (SEC) released its much-anticipated report on the GameStop frenzy, “the most famous meme stock, which raised questions about market structure and investor protections at the beginning of the year.”

 

Original Source: https://finance.yahoo.com/news/gamestop-nft-marketplace-rumors-swirl-201145555.html

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
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Anndy Lian Speaks at American Digital Week: ‘Decentralized Finance – What are the Opportunities?’

Anndy Lian Speaks at American Digital Week: ‘Decentralized Finance – What are the Opportunities?’

Anndy Lian, Chairman of BigONE Exchange gave a speech at the American Digital Week event on 19 October 2021, 13:00 – GMT. His topic is about ‘Decentralized Finance – What are the Opportunities?’

The following is the summary of his speech.

This is a fantastic time to be in DeFi, driven by short and long term drivers from the explosive growth of the NFT market overtaking DeFi, the new breed of play-to-earn games or GameFi, to rise of the ‘metaverse’ as the next big thing, there’s also a lot to unpick which is exciting an a little daunting if you are new to it.

But let’s start with some basics for those of you new to DeFi. A decentralized finance (DeFi) system allows people to create financial products or “smart contracts” that execute actions automatically on the blockchain – without any bank, brokerage, exchange, or corporation acting as an intermediary.

At the end of July 2021, the market capital for DeFi products was hovering near $80 billion. While that was down from its May peak of more than $89 billion, pundits believe growth will continue in the coming year as DeFi projects mature. Key to that maturity process is innovation DeFi – creating opportunities to profitably shape a decentralized future you’ll be sure to want to be a part of.

Let’s start with non-fungible tokens or more commonly known as NFTs. The NFT industry has exploded in popularity this year. There was more than $2.5 billion in sales volume during the first half of 2021 and it has only accelerated since then. OpenSea, the most popular NFT marketplace, saw more than $3 billion in NFT sales volume just during the month of August.

So what’s driving this demand in NFTs? The fact is that digital natives would rather own digital goods than physical goods, which means that we are watching the digitization of the collectibles industry. These digital natives want to use the NFTs as a way to play games, transact with each other, and generally recreate the collectibles industry. Another perspective, as outlined recently by popular crypto podcaster Pomp, is that we are watching the birth of a new type of status:

“Each individual that would normally drop $50,000 to $1,000,000 to purchase a car, watch, house, boat, etc is now realizing that you can spend the same money on a digital good and flex in front of more people on the internet. Only so many friends can check out your house and be impressed. But millions of people a month will see your Twitter avatar. These NFTs are a great example of where I would expect billions, if not trillions, of dollars to be made in the coming years.”

As Pomp says, just as every business had to figure out an internet strategy in the 1990s, every business is going to have to figure out their bitcoin strategy and every business is going to have to figure out their NFT strategy as well.

Speaking at the recent Paris ETH event EthCC Ben Lakoff, co-founder of NFT-protocol Charged Particles highlighted NFTs as in-game items and in the metaverse as examples: “There’s actually a new publicly traded exchange-traded fund, META. In your brokerage account, you can now get exposure to the metaverse plays that are publicly traded.”

Talking of the metaverse just a few weeks ago Facebook CEO Mark Zuckerberg said within five years Facebook would be a “metaverse company” while Satya Nadella, Microsoft’s CEO, said they were investing in the “enterprise metaverse.” Simply put, whoever can integrate NFTs and payment with the metaverse may well lead the biggest change in online culture and economy since the birth of the web in the 1990s. A view supported by David Raszucki, head of the $50 billion Roblox Corporation, who sees the emergence of the metaverse as profound a shift as the invention of the internet and the world wide web.

In a close fit with the vision of an open metaverse, play to earn crypto games are built on the fundamental need for a place that is available to everyone and owned by no one in particular. An amalgam of gaming and decentralized finance (DeFi), ‘GameFi’ refers to the intersection between blockchain-based gaming and decentralized financial instruments in all their guises: yield farming, lending/borrowing, algorithmic stablecoins, token minting instruments, etc.

“Crypto has been looking for a mass market use case,” Andrew Tu, an executive at quantitative trading firm Efficient Frontier, told CoinDesk. “Gaming is a sector that people have been hyping up for a long time. It’s the first area of crypto where the average Joe without a huge understanding of crypto or blockchain can participate.”
This rise in popularity of GameFi and associated tokens has captured the attention of the wider crypto market, especially in the longer-term trend of NFTs and the metaverse. The fund’s goal is to support developers and create GameFi projects by building decentralized finance (DeFi) content, the foundation said in a press release.

“GameFi is going to be the next big thing that makes the DeFi, NFT and the larger crypto space easy to understand and be involved in,” said Sun.

A striking example of how the rise of GameFi is driving the value of tokens came in early August with Axie Infinity, the popular crypto gaming platform on Ethereum, which raked in more than $220 million in revenue in 30 days to early August, making it the top revenue generator among all DeFi protocols and blockchains, Ethereum included, according to data from Token Terminal.

Not surprisingly this phenomenal price growth has caught traders and crypto market watchers’ attention. News BTC said, “Axie Infinity has been on an absolute tear lately. The play-to-earn platform has become the face of a new integration of crypto and gaming that holds unbelievable potential. Axie Infinity has surpassed 1M daily active users and is generating more revenue than any protocol or platform with the lone exception of Ethereum. Yes, Axie Infinity is yielding more fee revenue than major platforms such as OpenSea, Uniswap, Bitcoin, or the Binance Smart Chain.”

One of the key problems associated with such rapid growth in the DeFi ecosystem is the increasing transaction costs, particularly the rapidly increasing Ethereum gas fees. To address this issue, many projects in the crypto space are starting to offer cross-chain functionality. One of the most successful innovators in this space has been Polkadot. The price of the Polkadot governance coin (DOT) has risen to over $30 from under $10 in August. This puts DOT’s market cap at over $30 billion, about the same size as Ethereum a year ago. Also worth noting is the rise of Solana, recently listed on BigOne exchange, another ‘Ethereum-killer’ with lightning fast transactions at a fraction of the price. The rapid increase in value is largely a result of crypto gaming and successful NFT launches. Amid a huge NFTs sales, resulted in a bull rally of the Solana and the price of its token SOL which, trading at $1.60 during the start of January, smashed its all-time high (ATH) $194.82 on September 7th, 2021.

The full video can be obtained at:

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
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Anndy Lian Spoke at Crypto Art NFT/ DeFi Event “NFT has to move beyond art, into finance”

Anndy Lian Spoke at Crypto Art NFT/ DeFi Event “NFT has to move beyond art, into finance”

Anndy Lian and TokyoCrypto catch up at the Crypto Art NFT Event on Twitch, 10 April 2021. This event is produced by NFT.Black and partnering with Beyond Finance.

NFT stands for non-fungible token, are pieces of digital content linked to the blockchain, the digital database underpinning cryptocurrencies such as bitcoin and ethereum. Unlike NFTs, those assets are fungible, meaning they can be replaced or exchanged with another identical one of the same value, much like a dollar bill.NFTs aren’t exactly new. CryptoKitties, a digital trading game on the cryptocurrency platform Ethereum, was one of the original NFTs, allowing people to purchase and sell virtual cats that were both unique and stored on the blockchain.

NFT catches the trend this quarter and is the most talked-about topic currently in the crypto-verse. It’s popularity is in part driven by the fact that anybody can tokenise their work to sell as an NFT but interest has been fuelled by recent headlines of multi-million-dollar sales. On 19 February, an animated Gif of Nyan Cat – a 2011 meme of a flying pop-tart cat – sold for more than $500,000. A few weeks later, musician Grimes sold some of her digital art for more than $6m.

It is not just art that is tokenised and sold. Twitter’s founder Jack Dorsey has promoted an NFT of the first-ever tweet, with bids hitting $2.5m. Christie’s sale of an NFT by digital artist Beeple for $69m (£50m) set a new record for digital art.

Anndy Lian was also interviewed by Channel News Asia (CNA) Insider last week. (https://anndy.com/interview/is-digital-art-the-next-thing-to-invest-in-money-mind-cna-insider-nft-boom/)

In the event, Anndy shares his views on crypto in general. TokyoCrypto also asked Anndy about NFT, DeFi, on-chain custodian and more.

At the end of the event, Anndy brought up an interesting point. “Combine cross-chain capabilities from tech companies like CZZ (Classzz.com) with NFT multi-chain marketplace like Hodooi.com would be interesting. Companies should come together to create a better-decentralised environment for this industry and not work alone.”

Lian has also told a reporter from Blockpaths.com that NFT has to move beyond art, into finance. “NFT is not just about art. It is also way beyond the current hype. The real capability for NFT is not fully tapped on. Its ecosystem and infrastructure are still in the building stage, we will definitely see its true self in the near future.”

You can view the full interview at:

About Anndy Lian

Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. He plays a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce.

An avid supporter of incubating start-ups, Anndy has investments in several traditional companies. He 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”.

You can read more about Anndy’s work at www.anndy.com

About Blockpaths.com

Blockpaths.com is a social media marketing company that paves the path for the future by sharing knowledge on blockchain technology and cryptocurrencies. We want to tell the world what blockchain and cryptocurrency can do for us now and in the future. On our platform, we bring you the most credible news and information that is happening in the industry. We also want to showcase the best companies and personalities that will give you the true definition of what this industry is all about.

On top of this, we are also a social media marketing company.

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