Author: ORC Trade
ORC Trade held its latest AMA at 9:00 a.m. EST on November 10. CatcherVC’s investment manager Leo was invited to participate in the event to discuss Chain Catcher’s Southeast Asian market construction strategy.
background:
Recently, CatcherVC and Chain Catcher partner Hunter He announced at the "Age of Crypto" event in Bangkok that Chain Catcher is forming a team to focus on crypto application innovation, localization construction, developer training, etc. for the growth of the Southeast Asian crypto market. What is the purpose of doing this?
question:
Host: Could you please introduce Chain Catcher and CatcherVC in detail so that our European and American users can better understand the experience and current achievements of Chain Catcher and CatcherVC?
Leo：
Hello everyone, nice to meet you. I am Leo from CatcherVC. I am responsible for the primary market investment of application layer and NFT tech at CatcherVC. Currently I focus on NFT/DeFi/infrastructure.
CatcherVC is a blockchain venture capital firm based in China and Singapore. Our portfolio includes some very successful examples such as Alchemy Pay, ALEX, Blocto, Scroll Tech, Orbiter Finance, Metis, Thales, XY Finance, PawnFi, and Strips Finance. Our vision is to help Asian entrepreneurs connect Silicon Valley and the world.
At the same time, we also run the well-known Chinese blockchain media Chain Catcher. Chain Catcher is China's leading blockchain media, founded in 2018, with more than 200,000 readers and fans, including CEOs and Web2 developers of major technology giants.
Moderator: What characteristics of crypto projects do you prefer to invest in? When investing in projects, products or founders, which one do you think is more important?
Leo：
We invest in various sectors of web3, whether it is defi, NFT, infrastructure, etc. When investing, we pay more attention to: first of all, whether the team has a clear idea planning, whether the product is innovative enough, and whether the founder has enough confidence in what he does. I think this is the most important.
In a bear market, teams that survive are far more valuable than those that only have innovative ideas.
Host: In the opinion of Chain Catcher, when will the next bull market come? Which tracks are worth paying attention to in the next bull market?
Leo：
While investing, we pay more attention to the macro economy, because we believe that all investment activities cannot be separated from the economic cycle. We are also more willing to actively believe that the economy will gradually recover in the third quarter of next year. ZK zero-knowledge proof will become a future trend, and NFT Tech will play a more important role in web3.
Host: In the current bear market, can you give some advice to entrepreneurs and users from an investor's perspective?
Leo：
Be prepared that this may be a long and difficult battle:
1) Sustained cash flow,
2) Relatively conservative business strategy,
3) Pay more attention to product vulnerabilities than ever before.
4) Never ever give up, always have enough confidence in what you do
Moderator: Why does Chain Catcher focus on driving growth in Southeast Asia? In particular, why does it attach importance to supporting localized innovative products and developers in Southeast Asia?
Leo：
In our in-depth research and collaboration in Southeast Asia, we found that each region has different characteristics:
The Singapore and Hong Kong markets have a large number of investment institutions and are more suitable for finding financing opportunities.
In Thailand, the Thai royal family has invested in many web3 industries.
Vietnam and other Southeast Asian regions have a good foundation for web3 games.
Southeast Asia has the most enthusiastic developer team, relaxed political policies, and a friendly Asian cultural environment. In the past two years, we can see that Southeast Asia has great development potential.
Host: Chain Catcher believes that innovation on the application side is an important driving force for the explosion of the crypto industry. Can you explain why?
Leo：
From the history of traditional industry development, the return on investment in the infrastructure industry is far less than that in the application industry, so we firmly believe that the biggest opportunity for blockchain has not yet arrived. We believe that the real explosion of blockchain will appear at the application layer, and that will also be an era of large-scale application of web3.
Host: What are Chain Catcher’s future plans?
Leo：
The Southeast Asian market is the starting point of our global investment. In the future, we will promote the globalization of our products and investments. First, we will do a better job in the Southeast Asian market and use it as a base to radiate the entire Asia-Pacific region. During this period, we must do a good job in research and market operations. At the same time, we will also vigorously recruit local talents to achieve an increase in the employment rate of the local labor force and allow web3 to flourish locally.