Gracy Chen, managing director of world cryptocurrency trade Bitget, suggested her followers and mates to not scan their eyeballs in trade for just a few 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 can be rather 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 buddies consistently bug her for favors.
“Since we stopped onboarding U.S. prospects, I’ve had a number of mates who maintain a U.S. passport ask if they will get somewhat again solution to open an account.”
“I refuse numerous requests like that. It’s a pink 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.
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 providers for freelancers. They serve the freelancers and supply taxation and wage automation providers,” she says.
Nevertheless, considered one of her proudest achievements was having soccer legend Lionel Messi be a part of the Bitget staff as a companion.
Chen says Messi confronted stiff competitors from many candidates, however Bitget in the end 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 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 place to begin 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 assume 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.
Nevertheless, she observes that her Twitter following surges throughout the identical durations Bitget’s enterprise exercise spikes.
“My followers grew throughout a sure time frame, from the tip of final 12 months to earlier this 12 months. That’s a time frame 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 form of achievement or following quantity primarily to Bitget’s progress,” she provides.
What sort of Twitter content material are you able to anticipate?
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 come upon 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 sort of content material do you want?
Chen has combined emotions about Twitter, considering it may typically grow 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.
“I might extremely advocate anybody who’s a heavy person of crypto data on Twitter to spend at the least one hour or two away from social media and do elementary analysis and speak to a gaggle 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. Perhaps early 2024,” she predicts.
She hints that it could possibly be a “excellent driving pressure” for the subsequent bull market.
In terms of Coinbase and Binance’s showdown towards the SEC, Chen suggests Coinbase is likely to be in protected waters — however Binance could possibly be in for a rollercoaster.
“I personally suppose that Coinbase is a reasonably well-regulated, U.S.-driven crypto trade, 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 combat:
“I feel they’ve a really, very huge and powerful authorized staff to battle this combat.”
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