Crypto Investing secrets with Anndy Lian- By Full Value Dan

Crypto Investing secrets with Anndy Lian- By Full Value Dan

In a recent interview, Anndy Lian, a prominent figure in the cryptocurrency world, shared his journey, insights, and vision for the future of blockchain and decentralized technologies. Anndy, an early advocate for crypto, is a fund manager and best-selling author who has been deeply involved in the crypto space since 2013. His work spans advising governments, managing investments, and fostering community-driven projects. The conversation, hosted by Dan, a crypto content creator, explored Anndy’s current projects, his thoughts on the future of crypto, and his advice for those entering the space.


A Multi-Faceted Role in the Crypto Ecosystem

Anndy Lian is a man of many roles in the crypto world. As a fund manager, he actively invests in promising blockchain projects, while as an author, he educates the public on the potential of decentralized technologies. He is currently working on his third book, which focuses on Web4—a concept that emphasizes decentralization and artificial intelligence. “Web4 is about taking decentralization to the next level, integrating AI to create a more efficient and autonomous ecosystem,” he explained.

In addition to his writing, Anndy plays a significant role in advising governments on how to adopt and regulate blockchain technology. He works closely with the government of Mongolia, helping them digitize processes and draft crypto regulations. “Different governments have different needs,” he said, emphasizing the importance of tailoring solutions to specific contexts. Beyond Mongolia, Anndy is currently advising four other countries, three of which are in Europe. “They’re trying to catch up,” he noted, highlighting the growing interest in crypto-friendly legislation.


The Role of Community in Crypto

A recurring theme in Anndy’s insights is the importance of community in the crypto space. Reflecting on the rise of meme coins like Dogecoin and Shiba Inu, he remarked, “Crypto is really about community. Meme coins can be one of the best drivers.” He praised the developers and advocates behind these projects for building strong, vocal communities that onboard new users and make the space exciting.

Anndy’s personal investment strategy also revolves around community. “I look at community engagement levels and volume as key metrics,” he said. For him, the technology behind a project is often secondary to the strength of its community. “Whether it’s on Solana or Tron, the tech is similar. Community makes the biggest difference.”


Philanthropy and the “Redecentralise” Movement

Anndy is also passionate about using crypto for good. Over the past five years, he has been actively involved in donations, focusing on causes like elderly care and children’s welfare. He is now spearheading a movement called “Redecentralise”, which aims to promote decentralization while channeling donations to shelters, disaster relief efforts, and other charitable causes. “Crypto can be very fast, and donation is one of its core utilities,” he said, citing a recent campaign that raised over $200,000 for hurricane relief in the U.S.

The “Redecentralise” movement is designed to encourage people to use blockchain technology for social good. “If people want to donate tokens, they can do so directly to the movement. We then use those funds to support causes like animal shelters, disaster relief, and more,” he explained. Anndy believes this approach not only highlights the utility of crypto but also helps build trust and credibility in the space. “It’s not about showing off donations with banners or photos. It’s about making a real impact.”


Advice for New Investors

As an experienced investor, Anndy shared valuable advice for newcomers to the crypto space. One of his key messages was to avoid greed. “The biggest problem with retail investors is that they are greedy,” he said. He urged investors to sell when they see profits rather than holding out for unrealistic gains. “If you’re a novice and just want to make some coffee money, sell. Don’t wait for the price to double or triple.”

He also emphasized the importance of research and community engagement. “Before putting your money in, spend time in the project’s community. Are they real or bots? Is the volume substantial and sustainable?” These interactions, he explained, can provide critical insights into a project’s potential.

For those just starting out, Anndy recommended avoiding brand-new projects. “Never be early. Look for projects that have been around for at least six months,” he advised. While newer projects can offer high returns, they also come with significant risks. “If you don’t know your risk appetite, stick to more established projects.”


Navigating Challenges: Spam Coins and Scams

Anndy also touched on some of the challenges he faces as a public figure in crypto. One issue is spam coins—tokens sent to his wallet without his consent. While some of these tokens have value, selling them can be problematic. To address this, he channels unwanted tokens into donations. “If you give me tokens for donations, that’s cool. It makes everyone look good,” he said.

He also warned against joining trading groups that promise quick profits. “If they’re such good traders, they don’t need your $100 subscription,” he quipped. Instead, he encouraged investors to learn trading on their own and focus on long-term growth.


The Future of Crypto: Regulation and Innovation

Looking ahead, Anndy believes that governments and institutions will play a crucial role in shaping the crypto landscape. He pointed to the U.S. as an example, where stablecoins and AI have already gained significant traction. “I strongly believe they will have their own stablecoin-like product that could rival USDT,” he predicted.

At the same time, he stressed the need for balanced regulations that foster innovation without stifling growth. “Countries that are left behind are now rushing to create crypto-friendly legislation,” he said, adding that this trend will likely accelerate as blockchain technology becomes more mainstream.


Final Thoughts

Anndy Lian’s journey from crypto advocate to thought leader is a testament to the transformative power of blockchain technology. His emphasis on community, philanthropy, and responsible investing offers a refreshing perspective in a space often dominated by hype and speculation. For those looking to navigate the complex world of crypto, his advice is clear: focus on community, do your research, and never let greed cloud your judgment.

As the interview wrapped up, Anndy left viewers with a simple yet powerful message: “Crypto is about doing good, building communities, and embracing decentralization. Let’s make it count.”

 

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”.

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Why Are BRC-20 NFTs Suddenly Soaring in Value?

Why Are BRC-20 NFTs Suddenly Soaring in Value?

Non-fungible tokens (NFTs) are unique digital assets that represent various forms of art, collectibles, games, music, and more, and have been one of the hottest trends in the crypto space in 2023, attracting millions of dollars in sales and generating a lot of buzz and excitement among creators and collectors.

However, not all NFTs are created equal. There are different standards and platforms that enable the creation and trading of NFTs, each with its own advantages and disadvantages. One of the most popular and widely used standards is ERC-20, based on the Ethereum blockchain. ERC-20 NFTs have been dominating the market for a long time, thanks to the network effectsliquidity, and diversity of the Ethereum ecosystem.

But there is a new challenger in town: BRC-20. BRC-20 is an experimental token standard that enables the minting and transferring of fungible tokens via the Ordinals protocol on the Bitcoin (BTC) blockchain. Taking a cue from Ethereum’s ERC-20 tokens, BRC-20 tokens feature different mechanisms and functions, such as proof-of-history, proof-of-stake, and optional royalty. BRC-20 tokens are also compatible with the Bitcoin network, which means they can leverage the security, decentralization, and immutability of the most established and valuable cryptocurrency.

BRC-20 NFTs have been gaining a lot of traction and popularity in 2023, especially among Bitcoin enthusiasts and supporters. According to Coingecko, the TRAC (Ordinals) market cap has soared by around 230% over the last seven days to a $67 million market cap.

BRC-20s Beginning to Outpace Ethereum NFTs

BRC-20 NFTs have also surpassed Ethereum NFTs in terms of sales volume, with $35,563,933 worth of transactions in the past 24 hours, compared to $12,142,132 for Ethereum NFTs. Solanaanother contender in the NFT space, is lagging with only $1,990,810 in sales volume.

Compared to when I first talked about it last year, and again this year, the difference is huge. So, what is driving this surge in BRC-20 NFTs? Several factors contribute to this phenomenon, such as:

  • Innovation and experimentation: BRC-20 NFTs are pushing the boundaries of what is possible with NFTs, introducing new features and functionalities that appeal to both creators and collectors. For example, they can have optional royalty, which means that the original creator can receive a percentage of the future sales of their NFTs, creating a passive income stream and incentivizing quality and originality. They can also have stake-weighted transaction processing, which means that the more stake a user has in the network, the faster and cheaper their transactions will be, creating a more efficient and fair system.BRC-20 NFTs can also have fee-based execution priority, meaning users can pay higher fees to confirm their transactions faster, creating a more flexible and dynamic market.
  • Scalability and performance: BRC-20 NFTs are designed to overcome the scalability and performance issues that plague Ethereum NFTs, such as high gas fees, slow transaction speed, and network congestion. Their NFTs use the proof-of-history mechanism, which allows the network to achieve a high throughput of transactions without compromising security or decentralization. Proof-of-history encodes time as data on the blockchain, creating a verifiable and chronological record of events. This eliminates the need for complex and costly consensus algorithms, such as proof-of-work or proof-of-stake, and enables the network to process thousands of transactions per second with low latency and low cost.
  • Diversity and creativity: BRC-20 NFTs are attracting a diverse and creative community of artists, developers, and collectors who are exploring new possibilities and opportunities with NFTs. They are not limited to digital art but can also represent various forms of media, such as music, videos, podcasts, games, and more. They can also be integrated with other platforms and applications, such as social media, e-commerce, gaming, and more, creating new use cases and experiences for NFTs. BRC-20 NFTs can also be combined with other NFTs, creating complex and rich digital assets with multiple layers and dimensions.
  • Strong community and builders: The Bitcoin community and builders are very strong and dedicated to improving the network and creating more user value. BRC-20 NFTs are one of the results of their hard work and vision. They have been working on the Ordinals protocol and the BRC-20 token standard for years before they launched them in early 2023. Since then, they have been attracting more and more creators and collectors to join the BRC-20 NFT space, creating a vibrant and diverse ecosystem.BRC-20 NFTs are not only a way of expressing and owning digital art but also a way of supporting and participating in the Bitcoin network and are a testament to the innovation and creativity of the Bitcoin community and builders.

Some of the most popular and successful BRC-20 NFT projects in 2023 include:

  • ORDI: ORDI is a collection of 20,000 unique and generative NFTs representing the ordinal numbers from 1 to 20,000. ORDI is a minimalist and elegant project that celebrates the beauty and simplicity of numbers. ORDI also has a social and charitable aspect, where each NFT holder can choose a social media handle to display on their NFT, and a portion of the sales proceeds are donated to various charities. ORDI is currently the largest BRC-20 NFT project by total sales, with over $208 million and over 2,440 transactions.
  • $RATS: RATS is a collection of 461,194 unique and generative NFTs representing different types of rats. They are one of the most popular and successful BRC-20 NFT projects in 2023. $RATS BRC-20 NFTs are not only collectibles but also playable characters in a metaverse game that is being developed by the team. The NFTs have different attributes, such as color, size, fur, eyes, ears, tail, and accessories, affecting their game performance and value. They also have a royalty system, creating a passive income stream and incentivizing quality and originality.

 

The Bottom Line

BRC-20 NFTs are soaring because they offer a new and exciting way of creating and collecting digital assets on the Bitcoin blockchain. They are innovative, scalable, diverse, and creative, with a loyal and passionate community behind them.

BRC-20 NFTs are not a fad but a force to be reckoned with in the NFT space — and they are only just getting started.

 

 

 

Source: https://www.techopedia.com/why-are-brc-20-nfts-suddenly-soaring-in-value

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”.

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What are the financial implications of bitcoin’s value dropping below $20,000

What are the financial implications of bitcoin’s value dropping below $20,000

Addition comments:

Bitcoin has been closely correlated to the movements of U.S. stock markets. If you noted the timing, U.S. stocks markets fell and futures are still struggling on Tuesday. This is accompanied by high inflation and lots of talks on the ground of a recession in U.S. very soon.

With the above narrative and statistics, it means that bitcoin will continue to dip. The market is also experiencing a domino effect with the bigger players going into a liquidation mode and with high possibilities of more big boys going down that same route as bitcoin continues to dip.

No one can predict the price of bitcoin. When the price of bitcoin goes below $20,000, this also means that if you buy now, you will be buying at a lower price than most institutions such as Microstrategy.

What are the financial implications of bitcoin’s value dropping below $20,000

On June 13, bitcoin’s value fell below $25,000 while on June 29, bitcoin ranged just below the $20,000 mark

On June 29, the value of bitcoin briefly dropped below the $20,000 mark. For a second time in the same month, investors witnessed a decline in bitcoin’s value when on June 13, bitcoin’s value fell below $25,000. As a result, investors were again left exposed to volatile market conditions. “The sudden dip in bitcoin should be held responsible for inflation around the globe. While the cryptocurrency market is based off of the global market, there haven’t been any notable events apart from general market variables which have pushed the prices down,” Sathvik Vishwanath, co-founder and CEO, Unocoin, a cryptocurrency exchange.

Industry experts opined that the Russia-Ukraine war and inflation hitting a fresh 40-year high are some of the reasons why bitcoin’s price is slumping in cryptocurrency markets. “The value of bitcoin is struggling to maintain the $20,000 level. While bitcoin was considered immune to fluctuations with regard to risk oriented assets, it is no longer the case. The overall cryptocurrency market is influenced by factors such as inflation, changes in stock market prices, and the Federal monetary policy,” Raj Kapoor, chief advisor, Acryptoverse, a cryptocurrency advisory firm, told FE Digital Currency.

As stated by Sharat Chandra, vice president of research and strategy, EarthID, a decentralised identity management platform, the quantitative tightening, which refers to the monetary policy applied by central banks to decrease money supply in economies, is having an effect on bitcoin’s value.

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”.

j j j