How To Fight The Bears? - TOKEN2049 Singapore 2022

so thank you everyone for staying until the last one and uh after this we can all go party right so how to fight the best first I'd like to introduce a little bit about myself so this basically is my uh logo wall um that's what makes me today right so it started from bringing World of Warcraft to China and then when I was in my 20 years old I took Daytona USA so games and technology has always been in my line of business today I managed uh 200 million U.S fund called Pluto's VC and we invest in a lot of blockchain companies uh more than about 209 companies due date mainly tokens this is what uh we have seen over the years from 2016 to 2021 these four years marks the best years of cryptocurrency um what do we mean by the best years those are the tokens that we were involved with that made my fun what it is today we hit an AUM of more than 601 million US during the good times right so we have seen everything but unfortunately today uh officially we are in the bear market and this bear Market is something that is very very very bad for everybody as you can see Bitcoin yesterday hit 18 000 luckily it rebounds back in the morning and this whole entire bear Market is something that is a repetition of 2018 as per what uh Venture fund she said so the crypto winter is here from what we can see is that over once this crypto winter is over 80 to 90 percent of all the projects that you are seeing today is probably gone okay so how do we all survive this crypto winter yeah there must be ways for us to fight kid and so on and it is actually very sad um 2021 last year we invested in about 39 companies and as of today 29 companies is calling for SOS emergency they need our help they need uh loans from the investors to survive so we can give them a bridge loan but how long does this bridge loan will last all crypto companies have to face reality okay of course over here is among the booth are all the big boys they will survive the bear but how about there are 4 000 over crypto companies outside there and there's a lot of retail users that are holding it okay so these are just a few of the thing that every crypto company must do you need to stay relevant maintain the active Community create activities and then every crypto company needs to do two things is that reduce the token Supply in the market so that people actively do that and then you can increase and also to increase your treasury now the key thing is that if a crypto Colony have left back one million dollar U.S or 1.5 million dollar U.S are you going to take that money to buy back your token from the market and burn it you are not going to do that and nobody would do that see you will just keep that one million that 1.

5 million that you have today to survive so that you can make a comeback right but then by the time you survive your entire Community is gone so what what do you want what can you do so we have been thinking until the day that about three months ago we saw candy Club and when we saw candy club we thought that this could be an potential project that could help the whole entire industry itself hey so let me introduce to you something that maybe you're already know or do not know but Social Casino Games is a 8.7 billion dollar market potential by 2026. so two things that you can look at is that Zynga poker was recently acquired not too long ago for 12.7 billion and another company called platica was the biggest IPO or NASDAQ uh last year for 11.1 billion so what does platika does basically these are the political kinds of games it's basically Social Casino games so what's the key differentiation of Social Casino Games Social Casino Games provides the whole entire industry for users and players to play actual casino games but without actually uh gambling in a way so it is 100 legal and is highly profitable um one example is that political last year's turnover was 2.

5 billion us so this is a highly lucrative Market that we are looking at okay this is what I was just saying that it has the potential to go up to 8.7 billion so I want to introduce to your candy Club so what is candy Club candy Club is a project that we are not selling any tokens today there's no tokens for sale there's no nft at all and the company is not raising any money at all so this whole entire project is basically created so that every tokens in this industry can tap on to Social Casino games and have uh have a channel to receive back your tokens from the market so you add utilities to it this is what we are going to do is that we bring all the world top real money casino games to allow people to play it socially which means that Kenny Club platform do not launch any tokens if player wants to come and play player will use our partners tokens to come and play the games so any players that comes in if they want to play they have to search for one of our hundreds players tokens and bring it into play this is how it works we use ethereum as example you bring in ethereum Buchanan Club candy Club will give you this equivalent amount of ethereum credit inside there and you can actually play with ethereum the same goes for any other tokens outside there currently the whole entire platform supports ethereum and the BNB chain but we will support more going forward the whole entire system is comes with all kinds of social features and functions including leaderboards you can add friends and the best part is that we have monthly tournaments that you all actually can join and participate and rise in ranks in in the whole entire community so you can be the champion of the poker club or the blackjack or the Rolex these are the all the activities that we'll be organizing and these activities can also be organized uh simultaneously together with any of our partners tokens which means that we can run a specific tournament just for cardano users we can also run any specific tournaments or mini tournaments for any of our partners tokens what does this do this helps to add activities to every single token which is very much needed today your community a lot of them is dead they only asking for one thing when moon when pumped okay but this is an alternative that tokens Can now add into their whole entire ecosystem and to create activities within it inside so basically it is designed for the crypto world as I said we guaranteed a reward uh bonus to all the partners and basically we do not give out back cash or profits but you get back your own tokens from the market and if your players plays with other tokens we will also give you back the other players uh the other partners tokens as well okay so the most important thing is that uh maybe why we use casino games as the test run we have taught about using games online games PVP games and all this kind of stuff but then we talk to ourselves that not everybody wants to play a shooting game or not everybody wants to play a Candy Crush game okay so we have to find a game that is generic acceptable by almost 80 90 of the market and casino games fall into that particular category and we also need to find games that can provide back the incentive and generates back the tokens back to our partners so and again casino games fall perfectly into that because it will help you increase your Treasury and you can decide whether you burn them or you just keep them for future resale back when the bull market comes right so all we ask for is very simple um all Partners do not need to do anything much you just have to open up your social Channel we can actually do everything for you we will Design the ads for you you approve the advertisement and your users will be onboarded right so uh currently we have legal opinions from us UK Hong Kong Singapore and we are continuing to get legal opinions and these legal opinions will be available to all Partners to show that the business is being run and the method of the whole entire business is legit and legal okay and as I mentioned this is probably the most important thing we are not in competition with any partners because we are not launching any token at all the key reason that we are doing this is that as I say I come from a venture back uh VC background more than two-thirds of my portfolio is probably gone by the end of the year they which is which is the fact which is the fact which is the fact you know yeah tokens are now down from two dollars to a few cents okay and had I not sold some will be in very deep trouble as well right so there is no token launched from the platform and no cost to participate basically we want to do this is also to help out the whole entire cryptocurrency industry and this is the biggest opportunity that's coming next uh November this coming November World Cup if any tokens were to do this properly you are talking about millions of your own token coming back to you just doing one November properly you're looking at millions of the partners token actually acquiring back to your own treasury itself okay that's about it thank you