Win & Profit In The Bear Market - TOKEN2049 London 2022

all right morning morning good morning token 2049 um okay so today what I'm going to introduce to y'all is uh candy Club a project that my fun actually invested so it's uh unfortunate that even this morning and yesterday night we saw the market continue to crash so how can actually projects continue to survive can we all still make money in this bear Market itself a little bit about myself this is uh my logo wall that I like to call it I started my career bringing Daytona USA to the arcade machines era and then lately I founded a 200 million U.S Venture fund called Pluto's BC we invested until today more than 209 projects from 2016 itself so this is what we saw the four golden years of crypto 2016 was when my fund first started I couldn't believe it myself how much money we made haven't been in the Venture Capital industry since 2012. I've never seen the ROI the return of investment that cryptocurrency can make for any fund so if you are started investing in crypto in those any of those four years you would easily make a lot of money so this is the reason why during those years that people ask me why I give up my Venture Capital path in China which we actually had three IPOs this was the key reason the key reason is that I tell many people that if you want to be rich within a year if you dream of even becoming a millionaire in the year to 24 months crypto is the only business that you can actually think of there's no other business you can't become a millionaire by opening a pizza store or anything else right but unfortunately 2022 today we are faced with the crypto winter and from my past experience from my fun past experience 80 to 90 percent of all projects that we know of that launch during the bull market will probably be gone that's exactly what happened in 2017 come 2018 2019 majority of the projects are gone so how can projects actually maintain now these are five uh areas that you all can all projects can do stay relevant to the market continue to be going to trade fast conferences you have to maintain a very active Community because without the community your whole entire crypto project is dead so you have to keep constant in touch with the community itself and you have to keep your community active your token has to be very very active if your token is dead even though the price is down you have to keep the activity moving if your activity is gone your token is gone the confidence level in the market is gone we all must remember that every month there's a few hundred new tokens launching in the market regardless of whether it's the bull market or is a bear Market there are people continuously raising funds using tokens and these tokens will be going out into the market existing tokens will be competing with new tokens and as a token company you need to reduce your token Supply out in the market and increase your own treasury but it's easy said than done right so I want to today I want to introduce you to your maybe some of you might have known maybe it's not an industry that is highly lucrative called social gaming it is a 8.7 billion Market by 2026. I want to highlight a few points Singapore poker was acquired for 12 billion dollars just last year and then play the car went on an IPO last year of 11 billion dollar U.

S so what does platika does these are the games on top of play the car okay this is a high entry barrier market and highly profitable but they are the good thing is in the web 2 space there is no such companies today that is in the web tree and this is what a few months ago when we saw candy Club came to plutance for an investment we saw the potential of moving this into a web tree space we did the whole entire investment and we helped lead the marketing and business development of Kennedy Club of moving into the web tree space now what they what we want to design candy club for the Social Casino Games Market is very very different this company do not launch any tokens at all there's no tokens no nft for sale is a whole entire open platform that uses our partners tokens so any of the out coins out in the market today you need utility you need third-party people to use your tokens and this is what Training Club is designed for we don't have our own tokens right so what we did was we took the world best casino games and we put it into a platform okay and for every other tokens to leverage on top that means we become your best use case scenario this is how it works let's say we take ethereum as an example ethereum goes up in the candy club we give you the same ethereum credits inside candy club and you can play so from all these transactions happening about 50 of the token goes back to the Token company be it your token or they play with other tokens such as Bitcoin or ethereum half of it go back to the Token company so with this formula in mind right you have a big use case scenario and you are able to absorb back at least half of the token while creating a very big use case of it so the whole entire platform of Kenny Club is designed with gifting Championship is one key I want to touch on is that we are able to help you run your own tournament using your tokens these are the things that candy Club is designed for so this is a whole entire ecosystems run by various and it's designed as I said to keep your token alive and to help use we do not compete because there is no tokens and all we ask for is that you allow us to publish or promote into your official social media and help you gain awareness and usage to your tokens itself right so this is the best part when we talk about casino games or social gaming regulation can come about we are fully fully regulated we have full legal opinions currently in these four jurisdiction we recently received our legal opinion for UAE Dubai and we'll be continue getting more and more legal opinions globally but as everybody knows that platika is legal everywhere in the world except a few countries right so as I say no token no cost and Candy Club will never launch its own token uh the next thing that I want to bring up is the internal affiliate program every token company or crypto company in our industry we have a promise our promise is that we need to help all our token holders either some would say becoming rich others will be to make some money from your tokens and so on so we had an affiliate program built in that you can actually use the same Mechanics for your own token folders itself now this is the probably the biggest promotions that everybody can do this month itself in two weeks World Cup if you do World Cup properly there's like millions of your own token will be coming back to you and the whole entire system is set up you can easily we have a booth here right thank you [Applause] right you're always perfect on timing at the candy Club does anyone have any questions we have a couple of minutes to ask Calvin I'm more than happy to open up you'll answer everything Calvin you're a smart experienced OG type guy anybody's got any questions well let's just talk about the events maybe in the last 24 hours and how that affects you and your club and your participants I think I think the last 24 hours are probably the most shocking thing binance acquiring FDX and then FDX token went down that drags down the whole entire Market but what we can say is that on my last uh podcast which is going to be released very soon they asked me what do I think about the market actually there's going to be one more bigger dip that's how we felt throughout the last five years that we have been in the market that's exactly what we see and that's exactly what we felt and so are you talking about one more dip and this is the dip are you talking about a further one more dip and so what do you think would be the Catalyst for something like that I think will be the property market bubble okay so we're talking about the traditional real estate market globally exactly okay and I suppose as as that has trouble with a high interest rate environment you think that the macro factors of that drives down all risk assets and crypto being a risk asset will also come under that type of yeah that's absolutely everything will go down until then the bottom up will happen and then we will get back uh a small bowl eventually within a year and so how do you position yourself and your club for something like that do you basically just have risk off and you don't put on a trade are you looking for uh parts of the crypto Market which will be a defensive type play or are you hedging what type of risk downside risk are you deploying in a market like that so for my fund we are still continuing to invest but it is now the Venture Capital time to press down the valuation we are dictating the terms to companies that we are investing in and then as far as County Club is concerned this is specifically funded by my fund to help the crypto Market itself you know we it's bad to say that there's a lot of bad coins or [ __ ] coins or altcoins outside there so at the end of the day every single out coins needs a big utility the best is your own utility but if you can't make it on your own use case you need more third party to come in to help you and what's better than Social Casino Games Social Casino Games everybody likes to gamble right I mean it's a game that if you approach 10 you at least get five to six that says okay I can play that game right a first person shooter you approach 10 you probably have one or two that okay FPS is my genre or game another guy will say RPG is mine but nobody will say no to slots or a game of blackjack and so on everybody understand this this Universal game I remember the early days of all the dice games that were out so on EOS guys and Bitcoin dice exactly but those are like uh they come they go what here we are offering is games that is based on existing in a market that is already there and everybody is playing and all these games has been proven to be fair this is what it's all about fair and transparency well I think that was a very excellent pitch we learned a lot a big hand warm welcome for Calvin thank you so much great job thank you so much sir