tangent

ChainCatcher news, Tangent co-founder Jason Choi expressed the view that "in the absence of specific reasons (such as expectations for ETFs or Trump), the trends of mainstream cryptocurrencies (mainly Bitcoin) will generally be linked to the performance of the U.S. stock market. As a speculator primarily focused on cryptocurrencies, my fundamental view is that aggressive positions should not be taken based on macroeconomic factors, but an understanding of the macroeconomy should provide a reference for existing aggressive positions."

ChainCatcher news, well-known trader Eugene posted on X in response to the controversy regarding his identity. Eugene admitted that he is indeed Darryl Wang, co-founder of Tangent Ventures, but Eugene is just his personal account, which only records personal trades. Since he started creating, managing, and executing this account, no one else has been involved.In addition, Eugene also refuted the accusations one by one regarding selling undisclosed VC quotas, manipulating prices for profit, charging for promotions, and falsifying trading records.

ChainCatcher news, according to X platform user @MiyaHedge, trader Eugene Ng (@0xENAS) is actually Darryl Wang, co-founder of Tangent Ventures, who has repeatedly promoted the ENA token without disclosing his interests. It is reported that Eugene participated in the seed round investment of the ENA token.Miya has expressed a willingness to provide $1 million as a bond, requesting Eugene to prove that he has no connection with Tangent Ventures. Miya pointed out that this behavior may violate relevant regulations in Singapore, and this matter has become an open secret within the Singapore trading circle, but over 99% of the crypto community is unaware of it.

ChainCatcher news, the Web3 AI creator platform Oh has completed a $4.5 million seed round financing, with participation from Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital, and Bodhi Ventures. The company plans to use the funds to expand its product range and reshape the digital creator economy.The main product of this creator platform, OhChat, is capable of creating AI-driven "digital twins" for online creators. The platform plans to launch its utility token in the first quarter of 2025, which will be deployed on the Solana blockchain along with all on-chain assets of the protocol.According to RootData, Oh is an AI infrastructure and product aimed at digital creators, supporting ownership of personalized, interoperable AI characters, thereby unlocking significant monetization opportunities both within and outside the ecosystem. Anyone can build and own a supermodel, and creators can have their own digital twin, monetizing through their likeness without the restrictions of other creator platforms (earning 80% of the net revenue from the characters).

ChainCatcher news, Tangent co-founder and former Spartan partner Jason Choi stated on X that dogmatism is a fatal weakness of many originally excellent founders in the crypto space."The developer should want this" or "the user should need this" are dangerous thoughts. Just think about how many public chains have founders who emphatically emphasize their unique trade-offs, only to find that no one is interested. And look at those DeFi products, which, although targeting a large scale of traditional financial services, have no appeal in the crypto world.The line between being a pioneer and being out of touch with reality is often blurred. To avoid this, there are no shortcuts; one must engage deeply with frontline users.