Anndy Lian, an intergovernmental blockchain advisor and entrepreneur based in Singapore spoke to BitcoinLive on 31 January 2021 on his views on NFT, Defi, Wall Street Bets, XRP and more.
Anndy started the session by sharing what he is doing right now. He has mentioned that he is taking a break and spending time to change some of his business from traditional to crypto like. He is looking at introducing NFT art to www.smexy.com, convert www.worldairfare.com from a referral business model to a crypto rebate scheme.
NFT is a hot topic and the host from BitcoinLive asked Anndy how he felt NFT is going for 2021. Anndy’s reply is bullish on the NFT market, he felt that there should be some price adjustments and protection for the consumer. The increase in price for Ethereum should not be the driving factor for NFT art for example to pump up the price. The price has to be pegged to the value of the artwork.
When asked on the latest development on the regulation space. Anndy highlighted on the newly released Defi research paper by South Korea’s government (Ministry of Science and NCT).
"This is the world’s first government-led Defi research paper. And I believe more governments will release their own in time to come. This shows governments’ interest and they are more ready to move into our space." Anndy Lian told Blockcast.cc reporter.
On his views on XRP, Lian remained bullish on the outcome for XRP. He stated that right now XRP does not function like a securities and for the past, they have to sort this out properly with SEC. He also emphasized that XRP will still function well with or without Ripple as their businesses channels are all established.
1. As of the current times and Howey Test applied, I do not think XRP is a security.
2. In the early days (2012-2014), it is subjective on whether they are a security or not.
3. I do not think SEC is just looking for a fine. This will be not dismissed quicky.
— Anndy Lian (@anndylian) December 23, 2020
Lastly, Anndy commented on the current movement, Wall Street Bets (WSB). He felt that the movement also served as a warning that financial markets are volatile and it is not for everyone.
"If a highly decentralised coin such as DOGE can be manipulated, any coins can be manipulated. So promoting WSB and changing your profile picture with the golden hair may have a negative backlash to this young crypto space."
At the end of the session, Anndy cautioned all to be careful when investing and stay safe.
About Anndy Lian
Anndy Lian is an early blockchain adopter and experienced serial blockchain entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030” and currently the Advisory Board Member of Hyundai DAC Technology. He plays a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region. Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce
Name: Melody Chan