What the West Misunderstands about Crypto in Asia | Allen Ng, Everest Venture Group
Empire
Diverse Crypto Landscapes: Insights from Asia
This chapter explores the unique dynamics and trends within the crypto communities of Vietnam, Korea, Japan, and Singapore. It emphasizes the varying interactions with blockchain technology and the key players influencing the landscape in each country.
In this episode, Allen, of Everest Ventures Group (EVG), dives deep into the crypto landscape in Asia. He discusses the cultural nuances of doing business in Asia, the power dynamics between exchanges, developers, and "crypto gangs," and the unique characteristics of various Asian markets. Allen shares insights on enterprise adoption, the impact of major events like FTX and Terra, and offers valuable advice for Western companies looking to expand into Asia. Thanks for tuning in!
Resources
https://x.com/realallenng/status/1831271083926053013?s=46&t=jvYd6ynEZAVc6kvMtila9g
- -
Start your day with crypto news, analysis and data from Katherine Ross and David Canellis.
Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts
Follow Allen: https://x.com/realallenng
Follow Jason: https://twitter.com/JasonYanowitz
Follow Santiago: https://twitter.com/santiagoroel
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
- -
Anoma is the universal intent machine, introducing a new era of applications where you define the outcomes you want. Anoma’s intent-centric architecture provides a universal operating system for building intent-centric apps compatible with any blockchain. Anoma vastly improves blockchain UX, enables novel applications, and promotes a more human-centric future for decentralized technology.
Follow Anoma at x.com/anoma and signup for the newsletter at anoma.net
- -
re.al is the permissionless L2 for tokenized RWAs built on Arbitrum Orbit and the first L2 to return chain and protocol fees back to users, in reETH, ensuring they benefit from ecosystem growth. re.al has just launched a fully-transparent rewards (points) program returning 10% of $RWA supply to early users.
Not investment advice or product solicitation and not aimed at US persons. https://re.al/rewards/airdrop/O4UNU
- -
FBTC is now available on both Ethereum and Mantle Network, and its points-inspired campaign “Sparkle” has officially started, with lucrative and sustainable yields, plus points and token airdrop from Babylon, Mantle’s new token $COOK, and more.
Learn more: https://fbtc.com/ongoing-campaign
- -
Polygon Labs is developing the next generation of open source zero-knowledge tech to aggregate crypto liquidity and user bases with the AggLayer. To support the aggregated future, the Polygon Community Grants Program was launched with 1 billion tokens — all for Polygon builders.
Season One of the community grants program is live now, and features 35 million in MATIC to support the next generation of Polygon projects!
Join the aggregated future today by applying at https://polygon.technology/grants
--
Timestamp:
01:39 EVG Background
11:01 Regulatory Impact of FTX & Terra
20:24 Who has Power in Asia?
32:02 Anoma ad
33:04 Mantle Ad
34:03 Polygon ad
35:11 Re.al Ad
36:12 Crypto Community Differences
45:03 Exchange Wars
53:43 Conferences in Asia
01:02:07 App Scene in Asia
--
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
The AI-powered Podcast Player
