Jeff Ren

OKX Ventures partner Jeff Ren: Will continue to support innovative projects as always

ChainCatcher news, OKX Ventures partner Jeff Ren was invited to attend WebX2024 held in Tokyo, Japan yesterday, and participated in a roundtable forum themed "VC Perspective." The forum was hosted by Alex Shin, founder of Shin Labs, with other guests including Nao Kitazawa, partner at Eight Roads Ventures, and Diana Biggs, partner at 1kx, among other well-known Web3 investors. Jeff engaged in an in-depth discussion with everyone about OKX Ventures' investment strategy and insights on investment trends, emerging technologies, and the overall landscape of blockchain and crypto venture capital.Jeff emphasized OKX Ventures' focus on "crypto-native" projects. He stated that the team pays great attention to the actual utility of tokens within the blockchain ecosystem when selecting investment targets, and hopes that the tokens they invest in can truly integrate into their respective Web3 ecosystems. Additionally, as an investor, OKX Ventures will maintain a moderate level of involvement and will not excessively intervene in projects. He also believes that the development of the Bitcoin ecosystem will bring about more complex financial operations and value creation. As the boundaries between Bitcoin and other cryptocurrencies become increasingly blurred, new opportunities and innovations will emerge. Finally, Jeff encouraged all practitioners to continue to maintain their faith in innovation, actively seek like-minded partners, and work together to promote the development of blockchain technology. He firmly believes that in this field full of possibilities, the ceiling has not yet appeared, and true innovation has only just begun. In the future, OKX Ventures will continue to support innovative projects as always.

OKX Ventures partner Jeff Ren: Strong infrastructure is a prerequisite for the widespread adoption of blockchain technology

ChainCatcher news, OKX Ventures partner Jeff Ren delivered a keynote speech at the "OKX Web3 Night" event held during the Hong Kong Web3 Carnival on April 6. Jeff Ren expressed his pleasure in discussing the latest innovations and trends with industry leaders such as Solana, Aptos Labs, and Polyhedra, noting that these advancements not only demonstrate their efforts towards industry innovation but are also crucial for Web3. The close collaboration between OKX and these leaders aims to promote broader connections and cooperation within the blockchain community and contribute to a more interconnected and efficient blockchain ecosystem strategy.Jeff Ren pointed out that as one of the most active contributors in the Web3 space, OKX Web3 focuses on accelerating the growth and adoption of the blockchain ecosystem, driving adoption by providing robust support for developers across various chains and protocols, which reflects OKX's commitment to supporting blockchain infrastructure. However, OKX is not only dedicated to developing cutting-edge products but also actively invests in infrastructure, ecological governance protocols, and more to bring additional use cases to the blockchain, which is vital for advancing blockchain technology. OKX recognizes that strong infrastructure is a prerequisite for the widespread adoption of blockchain technology and is committed to meaningfully supporting a more decentralized future. In the future, OKX will also establish close ties with the Hong Kong crypto technology community and contribute to the evolution of blockchain technology, co-building the future of the digital age.
2024-04-07

OKX Ventures Partner Jeff Ren: When investing, we focus more on the innovation, narrative, and market positioning of crypto projects

ChainCatcher news, OKX Ventures partner Jeff Ren shared many profound insights for entrepreneurial projects while attending the Ecosystem Growth Summit hosted by Gitcoin and Electric Capital. In Jeff Ren's view, compared to the emphasis on potential market size and technical background in traditional tech company financing, investment in crypto projects places greater importance on the innovation, narrative, and market positioning of the crypto projects. However, for early-stage projects focused on innovation, the process of going from 0 to 1 can be painful. Moreover, most current crypto projects revolve around tokens, so it is necessary to consider the utility of the tokens and their linkage to business growth in order to achieve better project development. It is not advisable for crypto projects to start fundraising only when market changes occur; instead, they need to plan ahead and clarify their needs to better cope with the rapidly changing market environment. When the industry is experiencing explosive growth, a project's valuation should not be as high as possible; rather, it should focus more on other aspects beyond valuation itself, such as project governance, etc.It is reported that OKX Ventures focuses on exploring the best blockchain projects globally, supporting cutting-edge blockchain technologies and innovations, promoting the sustainable development of the global blockchain industry, concentrating on long-term structural value investments, and helping entrepreneurs who contribute to the blockchain industry build great companies.

OKX Ventures partner Jeff Ren: Optimistic about the integration of DePIN and AI, focusing on investment in innovative technologies

ChainCatcher news, OKX Ventures partner Jeff Ren was invited to attend the "DePIN Denver Web3 Coffee House" event on March 1 and delivered a keynote speech, stating that he is honored to walk this journey with quality partners like Fog Works and DMC, who are becoming increasingly important participants in the DePIN field. The development of the DePIN ecosystem is about how to bring blockchain into the daily lives of the public, and there has been good progress in its integration with artificial intelligence, which will enhance the interaction between machine data and people. Currently, we are moving towards a decentralized digital era, and OKX Ventures is not only an investor but also a quality partner, an advocate for industry innovation, and a believer in digital autonomy and privacy protection. Our investment in innovative technologies is an investment in the future, where digital life will be secure, private, and powerful. OKX Ventures will work with industry partners and developers to explore this imaginative future together.It is reported that OKX Ventures focuses on exploring the best blockchain projects globally, supporting cutting-edge blockchain technologies and innovations, promoting the sustainable development of the global blockchain industry, concentrating on long-term structural value investments, and helping entrepreneurs who contribute to the blockchain industry build great companies.

OKX Ventures Partner Jeff Ren: DeFi is an important innovation in traditional finance, and the two have a complementary relationship

ChainCatcher news, OKX Ventures partner Jeff Ren was invited to attend the "Hong Kong FinTech Week 2023" event, where he participated in a roundtable discussion on DeFi innovation and transformation alongside Fabian Astic, Global Head of DeFi and Digital Assets at Moody's Investor Services, and Janine Grainger, CEO of Easy Crypto. The roundtable was hosted by CoinTelegraph journalist Tom Mitchelhill. During the discussion, Jeff Ren stated that based on fundamental principles, DeFi brings decentralized, programmable, automated, and transparent financial services through the smart contract technology of blockchain networks, representing a significant innovation and complementary integration with traditional finance. For example, RWA (Real World Assets) bringing real assets on-chain and securely transferring ownership is one of the best application cases.It is reported that OKX is the diamond sponsor of "Hong Kong FinTech Week 2023." The event is organized by the Hong Kong Financial Services and the Treasury Bureau and the Invest Hong Kong of the Hong Kong SAR Government, co-organized by the Hong Kong Monetary Authority, the Securities and Futures Commission of Hong Kong, and the Insurance Authority of Hong Kong. It is expected to attract over 30,000 participants from around the world and 5 million online views.
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