Gracy Chen, managing director of worldwide cryptocurrency trade Bitget, suggested her followers and pals to not scan their eyeballs in trade for a number of Worldcoin tokens.“There’s an enormous privateness concern,” she tells Journal, including that she isn’t optimistic about its worth prospects given the anticipated inflow of WLD tokens within the close to future.
“There shall be far more launched within the upcoming 12 months or two,” she explains.
Chen admits that her gig with Bitget is fairly cool, but it surely additionally means her American friends continuously bug her for favors.
“Since we stopped onboarding U.S. prospects, I’ve had plenty of pals who maintain a U.S. passport ask if they’ll get a bit of again strategy to open an account.”
“I refuse a variety 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 serious participant in China’s media scene.
Nonetheless, a billion-dollar concept 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 a part of the Bitget staff as a associate.
Chen says Messi confronted stiff competitors from many candidates, however Bitget finally chosen him resulting from his paternal qualities and similarities with the trade.
“He had popularity as a father, husband and staff chief, and in addition we sort 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 an obstacle, so he had a really laborious start line as properly.”
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 assume I wasn’t actually lively on Twitter after I was a journalist as a result of I used to be primarily masking 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 after we had progress in our firm.”
“So, I might contribute my success or any kind of achievement or following quantity primarily to Bitget’s progress,” she provides.
What kind of Twitter content material are you able to count on?
Chen’s Twitter account gives 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 every thing in between — Chen serves up sincere breakdowns in bite-sized parts.
What kind of content material do you want?
Chen has combined emotions about Twitter, considering it may well generally develop 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.
She reveals that she enjoys seeing updates from Altcoin Day by day and Coin Bureau, however she advises hardcore Crypto Twitter addicts to tear their eyes away from the display once in a while.
“I might extremely advocate anybody who’s a heavy consumer of crypto data on Twitter to spend at the least one hour or two away from social media and do elementary analysis and discuss to a gaggle of reliable pals.”
Predictions
Chen firmly believes that Bitcoin exchange-traded funds are on the trail to approval, although 2023 won’t 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 could possibly be a “superb driving drive” for the subsequent bull market.
With regards to Coinbase and Binance’s showdown in opposition to the SEC, Chen suggests Coinbase could be in secure waters — however Binance could possibly be in for a rollercoaster.
“I personally assume that Coinbase is a reasonably well-regulated, U.S.-driven crypto trade, so the lawsuits could 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 struggle:
“I feel they’ve a really, very massive and powerful authorized staff to battle this struggle.”
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