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The rise of crypto influencers in Singapore – Wired PR Lifestyle Story

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In the past, we’ve all come across some of YouTube’s most passionate ads from the so-called financial gurus. Usually, “Do it you Want to get a lot of interest in your savings? I made $ 10,000 last month with this simple trick. ”

To this day, these people have also expanded their horizons into a decentralized world. The new sales offer goes in the direction of finding the next big NFT project with “10x potential”. or finding a secret meme coin that goes to the moon.

This, however, is a kind of cryptographic agent that gives a bad reputation to others.

When you go to the brightest end of the spectrum, you’ll find everyday enthusiasts who like to share research and developers who are working on their projects.

What are the most notable cryptocurrencies in Singapore?

Most cryptocurrencies in Singapore have earned this title through their contributions to blockchain technology.

Many of the major projects in this space were created in Singapore, and their creators have gained huge followers on social media. Here’s what you need to know and some valuable information.

1. Zhu Su

Zhu Su is the co-founder of the Three Arrows Capital (3ac) Singapore hedge fund. He started his venture in 2012 with Kyle Davies, and has since put together a billion-dollar cryptocurrency portfolio.

3ac is interested in various blockchain companies and applications. Notable investments in its portfolio include AAVE, a decentralized liquidity protocol; AXIE Infinity, the most prized NFT game; and DeFiance Capital, a Singapore-based crypto-asset fund.

Zhuk has garnered nearly half a million followers on his Twitter account. He often uses the platform to share his thoughts on the trends and evolution of cryptography.

In the wake of the recent market crash, Zhu responded to CNBC hosts’ speculation by Jim Cramer that a wave of money would move from cryptocurrency to the stock market. Zhu believes that cryptocurrency performance will continue to be much more attractive to millennials than utility stocks.

2. Irene Zhao

After gaining over 300,000 followers as a traditional influence on Instagram, Irene Zhao made the leap to crypto in January. Zhaok released a collection called IreneDAO, which included NFT photos of himself.

IreneDAO NFT price ~ $ 2,400 at the time of writing / OpenSea screenshot

Zhao’s NFT owners manage to become part of a decentralized autonomous organization (DAO) that was created to break up the founders ’economy.

Zhao believes that decentralization is key to helping creators like him be fairly compensated for their work.

Click on the thread to read the full explanation.

On platforms like Instagram, agents pay for their reach and commitment, not for the actual content they produce. Through NFT, Zhaok is able to make money directly from his work. He doesn’t have to rely on advertisers and sponsors to pay.

3. Bobby Ong

In 2014, Bobby Ong founded the Singapore startup CoinGec. Today, the company is one of the world’s leading followers of cryptographic data. It provides free access to market data for more than 7,000 different cryptocurrencies.

Ong has more than 30,000 followers on Twitter. CoinGecko also organizes monthly roundtables where key figures in the field are invited to share their thoughts on cryptographic events.

As a result of the meteoric rise in NFTs over the past two years, skeptics have quickly written off as a market bubble. Ong, on the other hand, believes that their growth has just begun.

NFT opposes what they say has no intrinsic value by saying that the same applies to a bunch of physical goods that people collect.

4. Arthur Cheong

An investor since he was 19, Arthur Cheong switched from trading oil and gas to cryptocurrency about five years ago.

Since then, Zilliqa has been vice president of the Singapore blockchain company and founded its own investment fund, DeFiance Capital.

The fund believes that decentralized finance (DeFi) will outperform traditional finance over the next decade.

In the aftermath of the market crash, Cheong called for speculation that the NFT was apparently unaffected.

The price of blue-chip collections has not changed much in the last month – measured in ETH. The value of Fiat’s money has fallen proportionally, with the ETH falling by about 40 percent.

This means that collectors do not value their NFTs at the value of fiat. Instead, the underlying cryptocurrencies are being used as anchor points.

5. Justin Sun.

In 2017 Justin Sun chose Singapore as the basis for launching its own blockchain, TRON. He is also an avid collector of traditional art and has paintings by Picasso and Giacometti.

justin sun encounters warren buffett bitcoin
Justin Sun’s meeting with Warren Buffett / Image credits: Coin Gecko

In 2019, she spent $ 4.6 million on a charity auction to win a dinner with Warren Buffet. Buffetti gave him his first Bitcoin as a gift to a famous stock investor trying to become a believer in cryptography.

By speculating about the future of cryptocurrency, Sun hopes that multiple lock chains will live together and stay connected. Sun bought BitTorrent in 2020 and has built the platform on a chain that can facilitate that interoperability.


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Featured Image Credit: Irene Zhao / CNBC / LetKnow News



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