Gracy Chen, managing director of worldwide cryptocurrency alternate Bitget, suggested her followers and associates to not scan their eyeballs in alternate 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 yr or two,” she explains.
Chen admits that her gig with Bitget is fairly cool, however it additionally means her American buddies always bug her for favors.
“Since we stopped onboarding U.S. clients, I’ve had a lot of associates who maintain a U.S. passport ask if they’ll get a bit again option to open an account.”
“I refuse a number of requests like that. It’s a crimson 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.
Nevertheless, a billion-dollar thought got here knocking and rapidly 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 companies for freelancers. They serve the freelancers and supply taxation and wage automation companies,” she says.
Nevertheless, one in every of her proudest achievements was having soccer legend Lionel Messi be part of the Bitget workforce as a companion.
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 alternate.
“He had a very good repute as a father, husband and workforce chief, and in addition we form 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 exhausting 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 energetic on Twitter once 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 strategy to X, explaining breaking occasions in broken-down, easy-to-understand threads for her followers.
Nevertheless, she observes that her Twitter following surges throughout the identical durations Bitget’s enterprise exercise spikes.
“My followers grew throughout a sure time period, from the top of final yr to earlier this yr. That’s a time period once I see a singularity level the place you see exponential progress, and that’s additionally after 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 come across some wild journey inspiration.
However when the crypto world goes haywire — whether or not it’s lawsuits, exchanges happening or every thing in between — Chen serves up sincere breakdowns in bite-sized parts.
What sort of content material do you want?
Chen has combined emotions about Twitter, pondering it may possibly typically turn out to be a raucous battleground.
“Twitter is principally a really noisy place. Everyone seems to be altering their opinions and attempting to be consideration grabbers,” Chen declares.
She reveals that she enjoys seeing updates from Altcoin Every day and Coin Bureau, however she advises hardcore Crypto Twitter addicts to tear their eyes away from the display from time to time.
“I’d extremely advocate anybody who’s a heavy person of crypto data on Twitter to spend no less than one hour or two away from social media and do elementary analysis and speak to a bunch of reliable associates.”
Predictions
Chen firmly believes that Bitcoin exchange-traded funds are on the trail to approval, although 2023 won’t be the yr it occurs.
“Not this yr — we solely have three months left this yr. Perhaps early 2024,” she predicts.
She hints that it may very well be a “superb driving power” for the following bull market.
In terms of Coinbase and Binance’s showdown in opposition to the SEC, Chen suggests Coinbase is likely to be in secure waters — however Binance may very well be in for a rollercoaster.
“I personally suppose that Coinbase is a fairly well-regulated, U.S.-driven crypto alternate, so the lawsuits is likely to be settled by some fines. As for the SEC vs. Binance, it’s a lot trickier.”
Nevertheless, she is assured that Binance’s authorized warriors will put up a very good battle:
“I feel they’ve a really, very massive and robust authorized workforce to battle this battle.”
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