The two co-founders of the Web3 venture accelerator AllianceDAO, Imron Khan and Qiao Wang, were recently interviewed and discussed the development trends of the cryptocurrency market, while also sharing their insights on AI applications, cryptocurrency media, and entrepreneurial directions. They also mentioned that Bitcoin might be entering a super cycle, potentially breaking the 100K barrier, and that the combination of AI and encryption technology is considered the next explosive point.
The AllianceDAO of the meme coin incubator platforms Moonshot and Pump.fun
The Web3 venture accelerator AllianceDAO, formerly known as DeFi Alliance, transformed into AllianceDAO in 2022 and raised $50 million to support Web3 development. AllianceDAO also offers a three-month accelerator program held twice a year to support global cryptocurrency entrepreneurs.
The accelerator program includes a two-week offline launch and ten weeks of online guidance and lectures, covering various fields from product development to marketing. Riding the wave of meme coins this year, AllianceDAO has also incubated the meme coin platforms Moonshot and Pump.fun based on the Solana chain.
(13-year-old crypto genius: made $30,000 from meme coin Rug Pull, angering the public and exposing the whole family for creating a meme coin)
The Bitcoin super cycle is here, Wang indicated there is a chance to break 100K.
In the interview, Wang mentioned that the U.S. government might include Bitcoin in its national reserves, which could trigger a global buying spree and further drive up Bitcoin prices. He also predicted, 'If this happens, it's not impossible for Bitcoin to reach 100K.' Additionally, Wang suggested that ordinary retail investors could buy 'Bitcoin' or other major cryptocurrencies and assets like 'Solana' and 'Coinbase' stocks on a regular basis, and gradually take profits when the market is extremely optimistic.
The combination of AI and encryption has become a new track, focusing on the application layer
Both Khan and Wang pointed out that since the advent of ChatGPT, the intersection of AI and encryption technology has been increasing, but the truly promising aspects are not infrastructure-related, but rather 'application layer products' that allow consumers to use directly.
The two founders cited an innovative interactive vault based on AI, controlled by AI, where users must convince the AI with certain reasons to unlock funds. They also pointed out that this new interactive method combining AI and cryptocurrency might be an innovative direction for future applications.
The future of encrypted media, the incentive mechanisms for creators and viewers will reshape the ecosystem
Regarding the future of encrypted media, Khan mentioned that mainstream live media platforms like Twitch are currently too conservative and may be replaced by new platforms adopting 'encrypted incentive mechanisms.'
Khan cited the recent popularity of Pump.fun and Chill Guy, which quickly accumulated a large user base using encryption technology, and this is just the beginning. He believes that the new media platforms that combine 'social' and 'token incentives' will undoubtedly create a trend.
(Pump.fun's perverse live streaming content has become a trend, and the U.S. government may enforce Section 230 to handle the platform heavily)
AllianceDAO's secret weapon supports entrepreneurs with trauma and resilience.
Regarding how to select investment in startup projects, the two founders stated that AllianceDAO places more emphasis on the 'personality traits' of startup teams rather than the initial business plan. Wang indicated that successful entrepreneurs often possess two key traits: 'trauma' and 'autistic characteristics,' which make them obsessed with success and demonstrate extraordinary focus.
They use Pump.fun as an example, which has undergone two major transformations in six months, also utilizing high-frequency trading, token airdrops, and other mechanisms to enhance user participation. In just six months, it grew from zero to an annual revenue of $300 million, breaking records in the startup circle and validating the idea that 'an excellent team is more important than a good idea.'
AllianceDAO shares the key to success in the cryptocurrency market.
The host finally raised the question of 'how entrepreneurs can succeed in the cryptocurrency market,' to which the two founders gave different answers. Wang emphasized 'focusing on learning' and adhering to 'long-term investment,' while Khan suggested searching for 'niche tracks' and 'innovative opportunities.'
Wang suggested that investors should pay attention to core assets like 'Bitcoin' and remain patient in the market rather than thinking about getting rich quickly. Khan encouraged entrepreneurs to focus on 'niche' but 'high potential' areas, such as 'high liquidity markets' or the combination of 'AI and encryption technology.' Khan also believes that identifying 'pain points' in everyday products often leads to the next business miracle.
This article features the founders of AllianceDAO discussing the future of Web3: incubating Pump.fun to break startup records and the AI encryption trend first appeared in Chain News ABMedia.
