Tran Hung is HackerNoon's Altcoin Champion of 2021

Written by tran-hung | Published 2022/02/18
Tech Story Tags: writing-prompts | 2021-winners | uquid | defi | nfts | noonies | noonies-2021 | noonies2021

TLDRTran Hung is the CEO of Uquid, the first crypto company to allow Buy now and pay later in crypto. He has been nominated by Hackernoon as the Altcoin Champion of 2021. Hung: "I hope people have the right view of this potential market and also find opportunities from it! I personally think that 2022 will continue to be an exciting year for the crypto market," he said. He said: "Markets can stay irrational longer than you can stay solvent. It can be anything else you’d like to know"via the TL;DR App

Hey Hackers! I’m Tran Hung and I’m the CEO @ UQUID.

First of all, I’d like to say a huge thank you to the HackerNoon community for recognizing me as:

HackerNoon's Altcoin Champion of 2021

HackerNoon Reporter: What does it mean for you to win this title?

This is a great honor for me. Thank you Hackernoon for nominating me and thank you to everyone who voted for me. I appreciate it!

How do you or your company intend to embrace the responsibility of this title in 2022?

In 2022 I will continue to contribute and share more articles about the altcoin market, as well as trading knowledge for those who want to participate in the crypto market. I hope people have the right view of this potential market and also find opportunities from it!

What are some of the goals you’re looking forward to accomplishing in 2022 (whether it be through company initiatives or your personal journey)?

This 2022, I and my Uquid project colleagues continue our mission of building a smart shopping system on Web 3.0. Through our Defi Shopping systems, We hope to usher in a new era of shopping, where participants can interact with each other in the metaverse world, they also can play games, buy products physical or property NFTs in a simple way.

As you look at the variety of concerning trends in the world around you, what solutions can you think of? Name three trends and three solutions. Be as brief or as detailed as you like.

Defi will continue to be the trend of 2022 but vulnerabilities from unaudited smart contracts can continue leading to great losses for investors. I think the solution to this problem is that investors should be more careful with unaudited projects. We can invest or use a combination of many different Defi services to minimize the risk.

Going forward, I think NFTs continue to trend, but there are always issues regarding the true value of many asset NFTs. There are some NFTs that have created value through marketing effects, with these NFTs if you buy at a high price you may never be able to resell for a profit. The solution to that problem is to do your due diligence and avoid buying NFTs that are being FOMO. You can find valuable NFTs that are guaranteed by the project, or the founder who is working every day in the development of that project.

The third trend I think is the desire of big companies to get involved in crypto. After the success of crypto in 2021, there are many big companies that are ready to invest or launch Crypto related services. However, the biggest barrier is the inconsistent and unclear regulations of many countries. The solution I think here is that developed countries should prioritize the completion of crypto-related regulations to protect crypto market participants.

After participating in this journey, is there anything that you would like the HackerNoon team to know?

I want you to know that the volatility of the crypto market in the short term can be huge. However, I always have a long-term belief in the success of the crypto market and continue with the Uquid team to contribute to the development of the Crypto market in the future.

What is something special about you or your company that you’ve rarely had the chance to properly share but really wanted to? (Give this one a proper think, I’ll know if you didn’t!)

Uquid is the first crypto company to allow Buy now and pay later in crypto. For the purpose of protecting the value of crypto assets in the future, we allow customers to start paying only 30 days after a successful purchase and can pay in 3 installments. https://uquid.com/uquid-payin3

What song or music album are you currently enjoying?

Song : I Wish ( Joel Corry ft. Mabel )

What are some concepts you wish people knew more about?

Markets can stay irrational longer than you can stay solvent

Is there anything else you’d like me to know? It can be anything.

Many people say that crypto is going into winter. On the contrary, I personally think that 2022 will continue to be an exciting year for the crypto market. We will probably see more surprises this year. Uquid and I always strive to devote ourselves to the success of crypto. Thanks again Hackernoon for giving me the honor to do this interview!

Thank you for everything that you do! – HackerNoon Team.

P.S. If you enjoy getting interviewed (AKA, the ol’ intellectual stimulation, check out some more interviews here!)


For more information:

Read about the Noonies here. To see all of the winners you may visit this site, pick any award, and view the name that appears at the top. Or follow this account for posts with the list of names released over the course of the week of February 14, 2022.


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Noonies:

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Written by tran-hung | CEO - UQUID
Published by HackerNoon on 2022/02/18