Channel Update: I'm BACK

After a three-month hiatus, the channel is back for its "Season 7" with a renewed focus on providing concise, actionable information and personal insights. The aim is to deliver high-quality content that helps the community navigate the rapidly evolving crypto and AI landscapes. Three major narratives will be explored in depth: the changing crypto sentiment in China and Hong Kong, the resurgence of airdrops, and the transformative impact of artificial intelligence.

Here’s a breakdown of the key topics and insights:

• China & Crypto in Hong Kong: A Major Narrative Shift

  • Hong Kong is emerging as a crucial "test bed" for China's approach to digital currencies and blockchain. This means experimental and interesting crypto initiatives are being tried out here first.
  • A significant rumor is that on June 1st, Hong Kong will permit crypto trading for retail investors, which would be a complete reversal of China's previously crypto-unfriendly stance, especially after the COVID-19 pandemic.
  • Hong Kong's SEC has already approved cryptocurrency trading for larger institutions, and there are clear signs of movement towards retail access, with Hong Kong officials attending crypto events and Beijing seemingly giving tacit approval for this "digital currency experiment."
  • If this experiment succeeds in Hong Kong, it could pave the way for greater China to adopt similar crypto-friendly policies, making it suddenly "kosher" and even fun to discuss crypto and conduct related business there.
  • Despite these exciting developments, it's still early, and the full extent of China's commitment to this direction remains to be seen. It's felt that we are still at the very beginning of this new curve.
  • A quirky personal observation is that masks are still mandatory in public in Hong Kong, which feels "bizarre and weird," but it's seen as a chance for Hong Kong to catch up with the West.

• Airdrops: Free Money (But Harder to Get)

  • Airdrops are making a massive comeback, offering "free money" to loyal community members, but the landscape has changed significantly since 2020-2021.
  • New projects, like Blur, are allocating a substantial portion of their token supply (e.g., 51% of Blur's treasury) to the community through airdrops, moving away from the past where venture capitalists (VCs) often took 50% or more of the tokens.
  • Projects have realized that the real power lies with their communities and the users of their platforms, not just with VC money. This shift is leading to incredibly lucrative airdrops, with some individuals receiving millions of dollars.
  • There's been a massive surge in interest in airdrops, with traffic to their website's airdrops section tripling since December.
  • To help the community, Ron has been assigned full-time to scout out the best airdrop opportunities and create step-by-step guides before they become mainstream, as the valuable "alpha" information dissipates once a project gains widespread attention.
  • A dedicated airdrops section on boxmining.com ranks upcoming airdrops by potential attention needed, highlighting opportunities that are ending soon, like RV Space.

• Artificial Intelligence (AI): Humans Are Obsolete?

  • AI is considered "insane" and a genuinely transformative technology, on par with the internet or the iPhone in its potential to change daily operations.
  • Personal experience highlights its immediate utility: using ChatGPT to generate detailed keto strategies and workout plans, replacing traditional Google searches and even potentially roles like personal trainers or nutritionists.
  • Tools like Midjourney for art creation are described as "wow, oh my God," showcasing AI's creative capabilities.
  • The crucial aspect of AI's impact will be how we use it. Unlike past fads, AI is already delivering tangible results, demonstrating "what good AI can do" (while also acknowledging the potential for "bad AI").
  • The current period is described as an "insane time" to be at the forefront of technology, witnessing these rapid advancements.

• Channel Update & Future Direction

  • The channel is committed to producing two to three pieces of content per week with a dedicated team.
  • Gratitude was expressed for the welcoming messages after the break, and continuous feedback is being sought to improve content quality, with an open feedback form to be provided.
  • Past videos, such as the Blur video, received feedback for being too "shilly" (overly promotional). The aim is to convert internal research reports into videos, providing high-quality, objective, and critical analysis, avoiding the previous hype-driven tone.
  • Paradoxically, attempting to be objective led to feedback that a video felt "very negative," seemingly "slapping people in the face" (e.g., NFT holders). This was a crucial insight, leading to the realization that viewers want to "feel good" and prefer optimism, especially in the crypto space.
  • The channel was built on an optimistic, exploratory spirit, and that excitement is definitely back. While acknowledging the negative aspects sometimes present in crypto, the future content will adopt a more positive approach, focusing on the amazing developments and opportunities.
  • Despite some pessimists viewing the current crypto market upturn as a "bull trap," it's emphasized that periods like the end of 2019/early 2020, which felt depressing, were actually "where all the good deals in crypto came from," serving as the "birthplaces" of significant movements like DeFi.
  • This current time is seen as the "best time" for similar opportunities, driven not just by trading action but by profound "developments" and "shifts in the way people think." The goal is to "max out and perform" by delivering compelling content on airdrops, China's crypto evolution, and the exciting world of AI.