Introduction & Future.
The Blockchain industry
has been a force of nature in recent years. Reaching record highs & record lows, in every way possible. The industry has BOOMed in South East Asia and especially in Singapore, where the industry could face it's biggest success in its quest to the top.
In 2018, Singapore has welcomed thousands of blockchain experts & entrepreneurs to share their voice and quite to form a unique foundation for the future of the industry. The regulations in Singapore regarding the industry has remained in a grey area for quite some time which has led to a ridiculous growth in new blockchain related businesses sprouting in the country. Although there will always remain a risk that regulation might restrict the industry in the near future, there is also a train of thought that with the amount of money currently flowing around within the industry, there might be a lot for Singapore to lose if they happen to "over-regulate".
Regardless of what the future holds, I personally believe that the key to the future of the industry is quite simple. Adoption. Without business adoption, there will be no future. Period. Too often do we hear a about a business owner bragging about the potential monetary benefits of their coin without a proper solution and route to proper business adoption. Which is pathetic to me because it also showcases the stupidity and greed of the everyday individual and it's sad!
How often do we hear about a business owner talking about the technology of what they are building and proper real-world business adoption? Rare. How often do they actually put what they say into reality? Absolutely minimal and this needs to change. Aside from the obvious need for more education, responsibility and accountability in the industry needs to be taken seriously.
In 2019, I will be focused in sharing my personal opinions on the industry as well as helping companies bridge the gap to their audience. I will be looking into things within South East Asia, prioritizing Singapore (because I live here), and sharing my personal opinions and viewpoints while trying to get conversations going that will challenge the industry.
Why am I doing this?
Because I see many problems within the industry.
Companies in the industry have no time to plan and properly conduct Blockchain/Crypto related events. Hence, always executing sub-par events that aren't very convincing to the everyday individual.
I personally feel that it is through these events is where people can see a face to a business. Because Crypto is already something where people fear, there needs to be a face to the business and community. Without so, there will always be a level of skepticism that never fades.
Too many Scams. The scams are killing the industry. Just in Sept/Nov 2018, residents in Singapore have been targeted for Crypto scams amassing losses of up to 78k. <- Although get rich quick schemes have ALWAYS plagued this country/world, Crypto specific scams are growing & a big problem. I aim, and will educate the public against these companies and I will be calling them out where necessary.
Scams aside, too few companies have quite simply delivered on their promise. Billions have been poured into a industry where majority of companies don't even have a viable product (Imagine that happening in the non-Crypto world!). Like I said. I will be questioning these companies but will be looking at them to voice out, and give them a platform to showcase their product.
Most Crypto business are also blind to their product's lack of a unique selling point. Which is a stupid problem to be honest and one that should be tackled immediately.
Too much focus on price of coin. I went to a talk recently where the first question was "Looking at the price of Bitcoin today (6/12/2018) many people are talking and fearful of the price drop. What are your thoughts on this drop?"
That question alone made me puke. The face that today, after so much conversation has been going on about the industry, that somebody still needs to ask that question is appalling. It simply shows that the thinking has not progressed past monetary gains.
Hodl Events
will be the bridge between businesses and the everyday individual.
We will be focused on giving these businesses the right platform, voice, message and vision to help them connect with the right audiences for organic growth.
Not only that, we will be conducting events ourselves that will push the boundaries of the industry, we will be looking for businesses who are willing(daring), enough to showcase their product on the world stage, and be open to debating real-world businesses live. (If no company ever steps up, then at least we know how much more we need to push for these scam companies to disappear)
In Conclusion, my reasons are simple. I want the industry to get real. I want people to understand that technology & the future cannot be ignored. Change is something that needs to be accepted, but accept it without motive. Understand that if you're looking out for the future of the Crypto industry, you're not looking to cash out, you're looking for 100% adoption. Majority of people who have created Crypto businesses are programmers.
I don't blame the first bunch of them for making the wrong decision in focusing on pure sales (giving out free coins anybody?) but that is the worst way to build a organic following & no way to build a future. I personally feel that instead of approaching a businessman to take things forward, they approached a sales guru & like all sales gurus they led the way with money. Money talks. But there will always be a day when that stops & the sales gurus disappear with all the money in their pockets. Leaving the programmers (artists, designers, etc) with their stories looking like shams and their pockets empty. The industry needs to start having a proper vision for the future and the only way forward is through the right education & powerful engaging conversations!
Let's Hodl Epic Events!!