What the West Misunderstands about Crypto in Asia | Allen Ng, Everest Venture Group
Description
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
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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
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