Author: Isabelle Yeo
On 2 Aug 2018, the founder of Genesis Capital, Mr Zhu HuaiYang participated and spoke in the panel discussion of Huobi Carnival 2018. Mr Zhu shared his experiences in blockchain investment and the criteria that he looks out for before investing in blockchain projects. He addressed over 800 audiences in the ballroom of Intercontinental Parnas Hotel In Seoul, which hosted the Huobi Carnival 2018.
Founded in 2017, Genesis Capital is a professional investment bank and venture capital organization founded by Zhu Huaiyang and Sun Zeyu, focusing on the blockchain industry. The young founders are committed to discovering the best quality blockchain projects and providing long-term comprehensive assistance. Main investment projects: deep brain chain DBC, IOS, AELF, JEX, Game.com, ProChain, acute angle cloud, etc.
During the second panel discussion in HuoBi Carnival Korea, Mr Zhu Huaiyang, the founder of Genesis capital shared his opinions on the process of transacting and mining in blockchain:
“From the viewpoint of an exchange, transacting and mining is like taking a dangerous move on chess. However, a dangerous move is better than being out of moves.”
The risk-return tradeoff is a financial theory that associates potential return rises with an increase in risk, and this theory applies to various asset classes such as stocks, forex, and even cryptocurrency. Such an approach is only supported by investors with a high-risk appetite.
Mr Zhu Huaiyang, the founder of Genesis capitalist shared his views on his golden rule for a profitable business on a Chinese talk show:
“Many individuals out there chose to work hard in their comfort zone, but a comfort zone is like a linear model with fixed returns in life. When it comes to building a business model, I believe that anyone could receive high returns if they invest at least 20% of the time in thinking of ways to transform the linear model into an exponential model.”
Genesis Capital is build on this golden rule and he said that Genesis Capital is able to reap great benefits as they are risk-takers who are able to innovate and integrate new business model with Blockchain.
Photo Credit: Lie Yun Wang