IOSG Ventures Founder: Entrepreneurs should resist Memes, focus on infrastructure and applications

Jocy, the founder of IOSG Ventures, posted on platform X stating that the Eastern crypto community cannot always be about Memes; it needs a prairie fire. He believes that many entrepreneurs and community members are currently obsessed with Meme hype, which affects their entrepreneurial direction and original intentions. Jocy thinks entrepreneurs should resist Memes and not shift their business focus towards them or mass-produce them for speculation. Jocy stated: "We need young people who can balance being down-to-earth with looking up at the stars, especially those capable of carrying forward the ideals of the Eastern crypto community. Such young people shouldn't just engage in trading-related activities during this bull market or previous ones but should concentrate on building infrastructures and protocols to create a better community atmosphere.

Instead of letting aspiring developers and youngsters immerse themselves daily in various stories about getting rich from Memes... we should unite more closely to face future challenges together. The community needs higher ideals and foresight; some people need to stand up for the future of our Eastern Community. Crypto is not only about Memes; there are also many opportunities in infrastructure development and application waiting to be discovered and explored - these are indeed industry alphas. IOSG will promote long-term industry growth by investing in leading young individuals, supporting them as they make their mark on global markets."