Chandler Guo, $1M BTC believer, talks to Superbloom about ICO hype and what’s next for crypto in China
Chandler Guo, $1M BTC believer, talks to Superbloom about ICO hype and what’s next for crypto in China<br />
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Chandler Guo, $1M BTC believer, talks to Superbloom about ICO hype and what’s next for crypto in China<br />
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“Titans of Crypto” are those whose experience and expertise as well as their presence makes them leaders in the cryptosphere. This series is to highlight and understand a global perspective of crypto from those who are working every day to grow and innovate it.<br />
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For our inaugural installment of Titans of Crypto, the Superbloom founding team spoke with crypto pioneer Chandler Guo. China is an influential market in crypto, and Chandler connects Silicon Valley with Chinese knowledge from the ground. Chandler is one of the most prolific Bitcoin miners today and has more than 35 ICO’s under his belt. He was recently invited to speak at the World Economic Forum in Tianjin, is a regular expert guest on Bloomberg, and has long been an early advocate for $1M BTC.<br />
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We were lucky to sit down with Chandler and hear his predictions for the future of crypto in China, and why he believe now is the right time for global involvement in ICO’s. Watch the full interview below!<br />
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ICO State of the Union<br />
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“Right now, [ICO’s] are small, like an egg. In three months time, [they’re] going to be a dinosaur.” Chandler predicts a swift surge in ICO opportunities in the near future, with the ICO model revolutionizing centralized business.<br />
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“The middleman business model will be destroyed by ICOs. Not only in China and [the US], but everywhere. And there are tens of thousands of ICOs coming soon!”<br />
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What about public concerns around the ICO process? Superbloom co-founder Emmie Chang points out the pervasive worry of being scammed. Chandler explains, “[With an ICO, founders] have unlimited liability…there’s a community of accountability.” He further clarifies the benefits of a “community as a board”, with individual stakeholders keeping a close watch on their investment. “[As a founder], around the world you might have 10,000 coin holders watching you, holding you responsible.” He posits that every shareholder, regardless of number of coins, has equal opportunity to influence and keep founders accountable.<br />
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“That’s one of the most interesting things about crypto, we’re democratizing access. Now, VCs and people with a lot of money don’t necessarily have the most influence,” says Emmie. Fellow co-founder Kenzi Wang agrees. “Fiducial responsibility isn’t just for the board, it’s on all of your contributors.”<br />
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Why China’s ICO ban won’t stop the people<br />
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China banned ICO’s in September, but this doesn’t discourage Chandler one bit. He explains that Chinese citizens can still travel elsewhere to participate in investments. So how are Chinese investors getting involved? “When China banned ICO, [potential investors] weren’t sure where to go…that’s why we’re in the US. In San Francisco and Palo Alto.” Chandler is leading an initiative to keep Chinese investors informed on the best ICOs, and to organize conferences for them to meet with global founders.<br />
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What’s next for worldwide crypto investing?<br />
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According to Superbloom’s Emmie Chang, it’s bringing unlimited fiduciary power to the world. Chandler agrees that ICOs and token generation events are the way to make this vision a reality. When asked for his thoughts on the future of Superbloom, he became even more excited.<br />
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“Find the top 100 ICO’s and bring them onto your platform. Organize the best events, and get everyone to participate. In a few years, the Chinese government will reconsider. This is a great time for you, because there are lots of ICOs’ coming, and you’re bilingual founders! China has 1.3 billion people ready to participate in ICOs, they just need a way how.”<br />
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Chandler believes Superbloom’s platform will be the leader bridging the gap between global ICO communities. “In a few years, you’ll be superstars in China…Let’s get started!”<br />
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Superbloom is a simplified crypto investment platform. Subscribe to our weekly newsletter for the latest crypto news, to get ahead of top ICO’s, and stay informed on upcoming events.<br />
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https://medium.com/@superbloom/chandler-guo-1m-btc-believer-talks-to-superbloom-about-ico-hype-and-whats-next-for-crypto-in-1385901923ed