According to Odaily, Jocy, the founder of IOSG Ventures, has expressed concern over the Eastern crypto community's obsession with memes. He voiced his thoughts on platform X, stating that the community needs a significant change. Jocy believes that many entrepreneurs and community members are so engrossed in meme hype that it's affecting their entrepreneurial direction and original intentions. He urges entrepreneurs to resist the allure of memes and not to shift their business focus towards them.
Jocy stated, 'We need young people who are grounded yet ambitious, especially those who can shoulder the ideals of the Eastern crypto community. Such individuals should not only be involved in trading during this or the previous bull market but should focus on building infrastructure and protocols, fostering a better community atmosphere. Instead of immersing themselves in various stories of getting rich through memes, we should be more united and face future challenges together. The community needs higher ideals and foresight, and some people need to stand up for the future of the Eastern community.'
He further emphasized that crypto is not just about memes. There are many opportunities in infrastructure and applications waiting to be discovered and explored, which he believes are the real industry alpha. IOSG will support and invest in leading young people to promote the long-term development of the industry and community, helping Eastern entrepreneurs stand out in the global market.