Gracy Chen, managing director of world cryptocurrency change Bitget, suggested her followers and mates to not scan their eyeballs in change for just a few Worldcoin tokens.
“There’s an enormous privateness concern,” she tells Journal, including that she isn’t optimistic about its value prospects given the anticipated inflow of WLD tokens within the close to future.
“There will likely be rather more launched within the upcoming 12 months or two,” she explains.
Chen admits that her gig with Bitget is fairly cool, nevertheless it additionally means her American buddies continuously bug her for favors.
“Since we stopped onboarding U.S. clients, I’ve had plenty of mates who maintain a U.S. passport ask if they will get somewhat again solution to open an account.”
“I refuse loads of requests like that. It’s a purple line that we simply don’t cross,” Chen says.
Earlier than she began steering technique at Bitget, Chen labored as an anchor and producer at Phoenix TV’s tech and finance channel, a significant participant in China’s media scene.
Nonetheless, a billion-dollar thought got here knocking and shortly led Chen away from journalism.
In 2015, she co-founded a tax startup designed for freelancers, and it skyrocketed to unicorn standing in simply three years.
“It’s a monetary tech firm. So, what they do is they supply providers for freelancers. They serve the freelancers and supply taxation and wage automation providers,” she says.
Nonetheless, certainly one of her proudest achievements was having soccer legend Lionel Messi be part of the Bitget crew as a accomplice.
Chen says Messi confronted stiff competitors from many candidates, however Bitget in the end chosen him on account of his paternal qualities and similarities with the change.
“He had a very good fame as a father, husband and crew chief, and in addition we type of see some similarity between Bitget and Messi,” she states.
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Chen says that Bitget began in a bear market, and equally, Messi suffered from progress hormone deficiency when he was younger and first beginning out within the sport.
“He’s not tall. He’s at a drawback, so he had a really laborious start line as effectively.”
What led to Twitter fame?
Chen explains that she found her love for Twitter, now X, solely after snagging her high-ranking crypto place.
“My Twitter following started in crypto. I suppose I wasn’t actually energetic on Twitter after I was a journalist as a result of I used to be primarily overlaying the Asian market and reporting in Mandarin,” says.
Chen has a really friendly-natured method to X, explaining breaking occasions in broken-down, easy-to-understand threads for her followers.
Nonetheless, she observes that her Twitter following surges throughout the identical intervals Bitget’s enterprise exercise spikes.
“My followers grew throughout a sure time period, from the tip of final 12 months to earlier this 12 months. That’s a time period after I see a singularity level the place you see exponential progress, and that’s additionally once we had progress in our firm.”
“So, I’d contribute my success or any form of achievement or following quantity primarily to Bitget’s progress,” she provides.
What sort of Twitter content material are you able to count on?
Chen’s Twitter account provides critical selection. You’ll get a glimpse into her jet-setting escapades, and who is aware of, you may even bump into some wild journey inspiration.
However when the crypto world goes haywire — whether or not it’s lawsuits, exchanges taking place or all the pieces in between — Chen serves up trustworthy breakdowns in bite-sized parts.
What sort of content material do you want?
Chen has blended emotions about Twitter, considering it might typically change into a raucous battleground.
“Twitter is mainly a really noisy place. Everyone seems to be altering their opinions and making an attempt to be consideration grabbers,” Chen declares.
“I’d extremely suggest anybody who’s a heavy person of crypto info on Twitter to spend no less than one hour or two away from social media and do elementary analysis and discuss to a bunch of reliable mates.”
Chen firmly believes that Bitcoin exchange-traded funds are on the trail to approval, although 2023 may not be the 12 months it occurs.
“Not this 12 months — we solely have three months left this 12 months. Possibly early 2024,” she predicts.
She hints that it might be a “excellent driving drive” for the following bull market.
With regards to Coinbase and Binance’s showdown towards the SEC, Chen suggests Coinbase is likely to be in protected waters — however Binance might be in for a rollercoaster.
“I personally assume that Coinbase is a reasonably well-regulated, U.S.-driven crypto change, so the lawsuits is likely to be settled by some fines. As for the SEC vs. Binance, it’s a lot trickier.”
Nonetheless, she is assured that Binance’s authorized warriors will put up a very good struggle:
“I believe they’ve a really, very massive and robust authorized crew to battle this struggle.”
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