NFT: From Zero to Hero > Interview with Anndy Lian

NFT: From Zero to Hero > Interview with Anndy Lian

Question: Anndy, many people know you, but for those who don’t, can you tell us a little about yourself?  Who are you?  What did you do in the past and what are you doing now?

Answer: Thanks for reaching out to me. My name is Anndy Lian. My first Bitcoin was in 2013 and then diving deep into the blockchain technology side of things in 2017. I invested in some of the earliest blockchain projects all the way back to the Initial Coin Offering (ICO) era. Also, as a partner of an investment company granted Capital Market Services (CMS) license from Singapore regulator MAS, I have been approached by many early NFT projects. All these have given me an early start in the NFT space. I was the Blockchain Advisor for the Asian Productivity Organization (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Concurrently, I was appointed by the Governor of Gyeongsangbuk-do, South Korea, to help the province to grow using blockchain technologies. I was also an Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. At one point, I was the Chairman (Singapore) of the Korea eSports Industry Association too. 

Throughout my blockchain journey, I worked alongside policymakers, private sector decision-makers, and experts to create business value propositions for different industries. I continue to advise governments and companies as I speak now. 

Currently, I serve as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. I was recently awarded an honorary doctoral degree by the Academic Council of Ulaanbaatar Erdem University in recognition of my contribution to the development of productivity science in Mongolia.

I was the immediate past Chairman of a ranked top 30 crypto exchange. My curriculum activities give me a 360-degree perspective on what NFTs will be like in the future. After all these years, I have decided to compile what I see in the NFT market into a book. This is how my new book “NFT: From Zero to Hero” is born.

Question: NFT: From Zero to Hero!  An interesting title!  Reviews of your book are really good.  Why did you publish such a book?  What is your purpose?

Answer: The book was supposed to be published one year ago, but I did not do it due to my other commitments. I also want to take my time to review and use the different tools and platforms that I have mentioned in my book. Frankly, that took me some time. I do not want to write anything about it if I have not tired it myself.

Back in 2018 where I published my first book, titled “Blockchain Revolution 2030” and published by Kyobo, the largest bookstore chain in South Korea, NFTs were one of the core topics I talked about. Back then, NFTs were not something everyone was sharing. Most thought that it was purely a fad. I think otherwise. Most people are looking at the money-making side of things, and they forget the true meaning behind NFTs. That is why I drafted my book, and I want to share the knowledge behind NFT with everyone.

Another purpose of my book is to share it with the traditional guys, not in the crypto space. There is a lack of good information in the market; scammers are trying to be consultants and want to render their expertise to traditional business owners. Most times, they waste money and precious time. They were also giving a bad name to crypto. My book is simple to read and would be a good guide for them to start from zero and become a hero in the NFT space.

As for the crypto natives who think they know it all, they should read and look at some of the recommendations that I have put forth. I am very sure most of them have not tried the NFT tools and are still buying NFTs based on rumors and news, most times buying NFT with a gambling mindset. This doesn’t seem right, and if there are statistics to back thing up, they should use it as a reference. This gives them a higher chance to become an NFT Hero.  

Question: In fact, you are looking for answers to many curious questions in your book.  Frankly, I was not very interested in the NFT field and therefore I am interested in his book, I want to learn something in depth.  One of the fundamental questions is, really, why would people pay millions of dollars just for a profile picture?

Answer: Your question is good; why would people pay millions of dollars for just a profile picture. Most people would think that holding on to a Bored Ape is about social status, and you can show off to the crypto community to show you have the money and power. This is wrong. People holding on to the NFT are looking at business networking and giving them access to by-invitation events only where they can meet influential people.

Question: We see NFT investments of big brands, what do you think awaits us in the future?  

Answer: NFT is the bridge to Web3, it has big potential. If you have read my book, chapter 8 on NFT Trends Shaping the Future of NFTs, you will get the answers. The potential applications of NFTs are nearly endless. Some claim ten years from now, and all purchases will be accompanied by NFTs. Others think smart contracts will replace legal documents. And while many think NFTs are a fad or too niche to become widely used, big players from Meta (formerly Facebook) to Twitter to Reddit and Visa are taking notice and are working to ensure they don’t miss out on the NFT boom.

Gaming industry will change. Healthcare will take NFT to a more personal level. Art will be better tracked and authenticated. The list goes on.

Question: How can we measure the value of an NFT?  Sometimes I just see a photo sell for thousands of dollars, and sometimes we see an NFT bought for millions of dollars turned into a worthless piece.  What advice would you give people at this point?

Answer: You got to understand what is value. It seems that value = millions of dollars. This is a wrong way to look at NFT. If you like the NFT, you can buy it. If you expect what you like to go from $1 to $1,000,000, then this becomes speculation. Then the question is when to sell it? Most experts will ask you to “HODL”, but how long can you hold it for? Therefore, my advice to new users is to look at NFT in a more fun manner. Like that NFT and the price is low, grab it. If the price went up, and you want to part with it, then sell it.

The actual value in NFT is the utility and community. Without these elemensts, NFT is value-less.

 

Question: What would you like to say to people who plan to read your book?  What will you gain them?

Answer: They will gain insights to my thoughts on NFTs and which vertical would excel better in the future. This will allow them to watch out for the right things.

The future these NFT trends depict is an interesting one. While many people are concerned about the implications of the metaverse and the rise of AI, it’s a future full of possibilities. 

It’s a future that bridges the gap between consumers and creators, gives value and security to digital assets, and one which, for better or for worse, will shake up the world.

The future is bright, but the road is tortuous. The NFT market will eventually mature and deliver on its promise. 

Your new asset is in the digital world. 

Question: I want to talk a little bit about the markets.  The world is going through a bad time.  War, inflation, food crisis, etc.  Crypto markets are affected like other markets.  What days do you think await us?

Answer: The market will be stagnant because of global uncertainties. We are going through a cycle, and this cycle would last a few years. But does this mean we stop building and working? No. 

We got to work harder and be ready when the bull market awaits us.

Question: What advice would you give to investors?  What path should they follow in this process?

Answer: Always be patient and do your research well before committing to any investment in general.

As for NFTs, you should read Chapter 4 on How to spot a good NFT project. Let’s grow together- from zero to hero.

Twitter | Anndy.com | Amazon

 

 

Source: https://cryptoprofessorr.com/nft-from-zero-to-hero-interview-anndy-lian/

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 “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”.

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Interview with Anndy Lian, Book Author, NFT From Zero to Hero x Bybit NFT Marketplace x Blockcast.cc

Interview with Anndy Lian, Book Author, NFT From Zero to Hero x Bybit NFT Marketplace x Blockcast.cc

8,000 NFT books were being sold on Bybit NFT Marketplace. Anndy Lian, book author of NFT: From Zero to Hero catches up with his community together with Yao from Bybit and Scott Tripp from Blockcast.cc.

Zero to Hero marks the very first NFT book collection offered by Bybit. This new NFT collection is created by Anndy Lian, a celebrated thought leader in the crypto and NFT community. With its initial launch to the market on GrabPic, Zero to Hero is a call to anyone and everyone excited about the prospect of the world of NFT. Bound by imagination only, the NFT space is still in its early days and early adopters can be a “hero” in their search for new possibilities.

“We are happy to have Anndy as our first launch on GrabPic. We love quality NFTs, and Anndy fits the bill and set a good example for all of us. Bybit NFT Marketplace encourages all of you with good NFT to approach us.” Yao, Marketing Lead of Bybit NFT Marketplace commented.

The low price; high-quality strategy helps to bring more interest and brings life to the NFT marketplace on Bybit. Additionally, the marketplace will have a merge card function to be announced later in the month. Holders of previous GrabPic collections can get a chance to merge their NFT to receive more surprises.

“I am an author. I want more people to get the knowledge that I am sharing. I want like-minded people to use the book as a talking point. Scott for instance is based in Canada, I would be happy for him if he can be speaking to his local community about the book. Be the spokesperson and subject matter expert. Be an NFT hero!” Anndy Lian added.

In this interview, Anndy Lian revealed his plans for the book, his music that will also be launched alongside the book, and a lot more.

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 “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”.

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Interview with JETGALA- NFT (Art): A Primer

Interview with JETGALA- NFT (Art): A Primer

Crypto entrepreneur Anndy Lian weighs in on the phenomenal growth of NFTs, and its implications on art creators, vendors and buyers, and the creation of art itself

By Victor Chen, Photos courtesy of Anndy Lian/BigONE Exchange

 

Posted on 19 May 2022.

In 2020, Christie’s sale of the digital artwork, Everydays – The First 5000 Days by Beeple, for US$69.3 million captured the attention of the public, artists and creators, remarks Anndy Lian, Chairman of BigONE Exchange, provider of a trading platform for various cryptocurrencies.

The NFT trend further intensified with the sale of Larva Labs’s Cryptopunks for US$17 million – and has not waned since, he continues. “Those sales are well known and talked about, but what remains somewhat obscure is how the blockchain-based NFT technology provides a transparent record of price, ownership and authenticity, all of which are well suited to the needs of creators, sellers and buyers in the art market,” Lian remarks.

An NFT is a digital representation of an artwork that is registered or ‘minted’ in a digital database called a blockchain. Among the biggest changes that it is anticipated to bring are the transparency in the ownership and exchange, and the importance of digital art.

“Certainly, for the needs of any growing two-sided marketplace to continue thriving NFTs offer distinctly powerful advantages: for creators, it provides an open network with the opportunity to express one’s creativity and prove ownership, and for collectors, it’s a readily accessible way to own and express their taste in a digitally native world.”

As with investing in cryptocurrency, it’s important, especially when buying an NFT artwork, to ensure it is safe and profitable. This requires doing proper research into the artwork, and setting up an account in a well-known marketplace safely and securely, advises Lian. “It’s important for people to realise that in the NFT world security is one’s own responsibility,” he cautions. “There’s no call center to sort it out for you when things go pear-shaped.”

Safety includes simple but important steps such as using a password manager to create and store one’s passwords for registering with NFT sites like OpenSea or LooksRare, Lian advises. Both marketplaces offer helpful guides to installing and connecting a wallet to the platform, buying an NFT artwork at a fixed price or in an NFT auction, and selling them when the time comes, which includes creating a sale listing to accepting an offer, Lian says. They also provide information on how artists can go about creating their first NFT artwork. “Remember that NFTs do not provide ownership of the underlying digital asset. So, make sure you also have a contract to prove your ownership of the asset itself, in case it is required.

“Ultimately, however, it’s down to participants and collectors to find artists with enduring creative value, not just to make a quick buck on. These will be the most profitable as long-term investments, like investing long-term in cryptocurrency you know will only grow in value such as Bitcoin.”

Lian asserts that understanding what the numbers mean is crucial in assessing the NFT marketplace. “For example, in August last year, OpenSea exceeded $1 billion in gross market volume year-to-date for the first time. By late 2021, it had grown so much that it processed $3.2 billion in volume in the month of December alone. Meanwhile, data shows that OpenSea currently has around 1.75 million users.

“But what’s special about growing this marketplace, supported by the decentralised blockchain technology, is the way it also allows participants to learn about the space from a modest purchase, and the qualitative benefit of being able to connect directly with artists and creators.”

This educates buyers and collectors from these conversations, which builds sustainable value in artist’s work at a human and a market level, Lian reasons. “And with global brands like Nike buying NFT startup RTFKT Studios last year, positioning it as a brand leveraging cutting-edge innovation to create a ’next generation’ collectibles culture, the wider market for creative NFTs is only going to grow further. Indeed, Nike’s virtual sneakers will help deliver an immersive experience in the metaverse—another huge growth area for artist’s NFTs as well as forward thinking brands.”

Tracking Lian

Founded in 2017 and registered in the Netherlands, BigONE operates in Russia, Brazil, Vietnam, Seychelles, Singapore, Japan, and Indonesia, providing marketing, investment, and blockchain technology R&D.

As Chairman, Lian runs the group’s crypto online channels, from Twitter to Reddit, providing insights on such topics as the metaverse, NFTs, and the latest crypto regulation in Singapore as an incentive to get their users involved. For example, BigONE empowers and encourages women to participate in the blockchain space.

Lian also heads the communication for BigONE products, including liquidity mining, and spearheads partnership with select new projects that seek the listing of their token on the BigONE exchange.

Bringing over 15 years of experience in Asia working in various industries for local, international, and publicly traded companies, Lian is concurrently the chief digital advisor at the Mongolian Productivity Organisation and a blockchain investment partner at Passion Venture Capital.

Previously, he served as the blockchain advisor for Asian Productivity Organisation (APO), an intergovernmental organisation and advisory board member to Hyundai DAC, the blockchain arm of South Korea’s Hyundai Motor Group.

 

SET UP YOUR NFT by Anndy Lian

NFTs are used to acquire an artwork. To do this, a buyer (or a seller) must purchase a well-recognised cryptocurrency, say, Ethereum (ETH for short). An Ethereum is similar to a Bitcoin; however, unlike a Bitcoin, it is designed to support several applications making it the cryptocurrency of choice for acquiring NFTs.

To buy an Ethereum, two things must be set up: a crypto exchange account and a Metamask browser wallet where the Ethereum bought from a crypto exchange will be eventually transferred. The Metamask wallet is what is used in transacting in the NFT marketplace, such as OpenSea, to buy or sell an NFT artwork. Currently, the most popular Metamask browser extension is in the Chrome browser.

Once the Metamask extension has been set up, its address is released to the buyer and the Ethereum is transferred to that wallet address. With the complicated part of the setting up an account out of the way, transactions are fairly easy.

Explore Before Acquiring

A good way to start acquiring NFT artwork is by exploring the market. This is similar to visiting galleries to ascertain what are available for acquisition. Popular marketplaces, such as Opensea, offer many different NFT artworks for sale. Using the access provided in the Metamask wallet, a sale transaction can then proceed. When buying an NFT artwork, both the cost of the NFT as well as the transaction, also known as the ‘gas fee’, are to be paid.

In some cases, especially for NFT artwork that are priced lower, the gas fee can be greater higher, so it’s good to be aware of that from the outset. Once an NFT artwork is bought, it can be sold for a higher price, less 2.5 per cent that goes to OpenSea and a creator royalty that goes to the original creator.

This where NFT artworks contain what’s known as a smart contract, an automated blockchain-based process that gives the artist a percentage of any future sale of the token.

Do Your Homework

To assess whether an NFT artwork is worth buying, a few checks must be made. Firstly, for any given NFT artwork, the selling history must be reviewed. Are people are buying or selling the NFT? If not, and you buy an NFT then you could be stuck with an item that’s hard to sell.

Another good indicator in OpenSea is to look at the overall collection and see how much is being sold, in other words what the volume is.  In other words, you want a NFT that has had many buys and sells, that’s what is termed ‘Liquid’ so you can easily sell it if you wish to cash in your investment.

Connected to that you want to see if the NFT over its history has been rising in price. Plus, its worth checking the ‘floor price’ to see the lowest cost of NFTs in a collection, so if you need to sell you can more easily sell if you have a NFT nearer the floor price. Finally, it’s worth Googling the collection’s community, to see how well supported they are in channels such as Discord and Twitter to judge the demand for the NFTs from a creator/artist.

 

 

Original Source: https://www.jetgala.com/nft-art-a-primer/

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 “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”.

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