Tag Archives: sees

Anndy Lian sees humor in token likeness urges Web3 growth

Anndy Lian sees humor in token likeness urges Web3 growth

Anndy Lian, a well-known figure in the cryptocurrency space, expressed amusement at seeing his likeness associated with a token. Despite not being directly involved in its creation or holding significant shares, Lian found the situation humorous.

He emphasized maintaining a positive attitude and continuing to provide insights into Web3 technologies. His tweet underscores his commitment to furthering the development and understanding of blockchain innovations.

 

 

Lian’s continued optimism in the face of novelty within the blockchain sector is consistent with his view that crypto’s lighter side can drive significant economic potential, a theme he previously explored in his analysis of community dynamics fuelling growth. At the same time, his measured stance reflects an understanding of the risks of market manipulation and influencer impact, underscoring the complexities that accompany advancements in the industry.

 

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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EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?

EigenLayer sees over 12,000 queued withdrawals — How far will TVL fall?

EigenLayer — the largest Ethereum restaking protocol — has received over 12,412 withdrawal requests following widespread disappointment surrounding its planned EIGEN airdrop.

Mass withdrawal requests started on April 29, when EigenLayer saw over 4,336 daily withdrawals, rising to 6,496 on April 30, according to Dune data.

Daily EigenLayer withdrawal queue count. Source: Dune

The restaking protocol amassed over 12,412 withdrawals in the past three days, which started on April 29 after EigenLayer released a white paper on its EIGEN token. However, several jurisdictions were excluded from the airdrop, including the United States, Canada and several African and Asian countries.

EigenLayer has over 107,000 unique depositors, according to Dune. In the past three days, the 12,412 withdrawals suggest that 11.6% of unique depositors have withdrawn from the protocol.

While the size of the individual withdrawals can’t yet be traced, the 11.6% of queued withdrawals would reduce EigenLayer’s current $14.8 billion total value locked (TVL) to just above $13 billion.

Since EigenLayer has a seven-day withdrawal processing period, the effects of the mass withdrawals will only become visible in the following weeks.

The ban of key economic jurisdictions from the EigenLayer airdrop has caused widespread disappointment that will affect the protocol’s TVL, according to Anndy Lian, intergovernmental blockchain expert and author of NFT: From Zero to Hero. He told Cointelegraph:

“Participants from these regions might have contributed significantly to EigenLayer’s TVL. Their exclusion could lead to a decrease in the overall TVL, especially if they were actively restaking their assets.”

Eigenlayer TVL. Source: Dune

Airdrop farmers are searching for new restaking protocols

EigenLayer’s TVL fell over 4% during the past week, while Karak’s TVL rose 20.5% to $439 million, making it the second-biggest restaking protocol on Ethereum, according to DefiLlama.

The new restaking protocol’s rapid growth led to speculation that Karak has a “good chance” of becoming the next EigenLayer, following the EIGEN airdrop debacle.

Beyond the disappointing airdrop, Karak also introduces technical benefits to users while offering more flexible restaking tokens, according to Lian:

“Karak introduces unique technical features such as multi-asset restaking and a plug-and-play development environment. These could provide Karak with an edge in attracting developers and users seeking a more versatile restaking platform.”

 

Source: https://cointelegraph.com/news/eigenlayer-12-000-queued-withdrawals-how-far-tvl-fall

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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Here’s How Shibetoshi Sees Dogecoin Succeeding as a Digital Currency

Here’s How Shibetoshi Sees Dogecoin Succeeding as a Digital Currency
IN BRIEF
  • Billy Markus, the co-creator of Dogecoin, believes that the meme coin needs to market itself as a digital currency.
  • In the past, Markus had agreed that DOGE is “fast, scalable, and inexpensive.”
  • Dogecoin’s creator argues against it being a “shit token.”
Billy Markus, the co-creator of Dogecoin, took to Twitter today to suggest that Dogecoin needs to promote itself as a digital currency.

The American programmer argued that “if you want dogecoin to succeed, continue to be relevant, and have a reason and need to exist, utility comes from using it, accepting it, and showing others the benefits to do so.”

With that, Markus urged the community to contribute to the core development of the project instead of creating unnecessary hype. He commented, “speculation has brought attention. work brings utility.”

In the past as well, Markus had stated that “hype doesn’t last,” but only “attracts get rich quick people.” Instead, projects need to focus on “lasting value,” the creator had reiterated.

Dogecoin, which was a bitcoin spin-off and arguably the first real ‘meme coin,’ had garnered attention after DogeFather Elon Musk fuelled its social media following. But along with that, Musk and Markus have often agreed over Twitter exchanges that DOGE is “people’s crypto.” However, the original meme coin continues to attract critics, especially as it stands as the twelfth-largest crypto.

Arguing against DOGE being just another useless meme token, Markus also commented that “it’s a satirical cryptocurrency made for sillies that randomly caught on.” And, in his opinion, the meme tokens of today “[have] no use case.”

As we recall, Markus considers that DOGE is “fast, scalable, and inexpensive,” in contrast to his definition of ‘shit tokens.’

DOGE recovers

When it comes to Dogecoin’s price action, it has recently enjoyed some recovery along with the broader crypto market. The coin’s major hike also came this week when Elon Musk asked his followers if a new social media platform is needed.

In response, Musk seemed to like the idea of Boardroom Capital chairman, who suggested buying Twitter and replacing the blue bird with DOGE. With that, Anndy Lian, Chairman, BigONE Exchange highlighted the impact of the Twitter exchange on Dogecoin’s value:

In the past week, DOGE prices have gone up by over 17% and were trading at $0.1447 at the time of press. Despite that, it remains around 80% below its all-time-high valuation of $0.731578 reached last year in May.

 

Original Source: https://beincrypto.com/shibetoshi-dogecoin-succeeding-digital-currency/

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