Guide to Real Crypto OGs You'd Meet at a Party (Part 2)
In Part 1, we detailed three of the different types of OG crypto you might encounter at an industry party.
They were: (1) obscure super coders and/or anonymous founders, (2) "reputable" and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the OGs of back, trying to get rid of the stench of a failed project.
This time around, we come across even more OG crypto categories, with insights from the insiders who know them best.
Here's your guide to the Crypto OGs you'll encounter…if you could land an invite to one of these parties.There are a few select crypto players who joined the game late, but they rose to prominence to become juggernauts in terms of net worth and impact. Usually, they are knowledgeable market makers and traders who are often confused with OGs.
Take, for example, Sam Bankman-Fried, the founder of the FTX trading exchange and quantitative trading firm Alameda Research. Amid recent crypto meltdowns, he gained even more notoriety for stepping in to provide bailouts and minimize contagion.
Sam Bankman Fried in a Youtube interview (Source: The Jax Jones and Martin Warner Show.)Noobs may confuse SBF with an OG, but he only joined the industry in 2017. Bankman-Fried made his fortune through crypto trading arbitrage, which he leveraged to build his empire.
The 30-year-old is a self-made billionaire who is a regular on mainstream financial media, a guest speaker at all major crypto conferences and one of the default industry representatives who speaks at US congressional hearings. His wardrobe seems to consist exclusively of FTX T-shirts.
SBF said he doesn't necessarily believe in the future of a cryptocurrency, but sees them as exciting opportunities. Ultimately, he's the type to participate "for the money" (but only for the purpose of altruistic donation at a later stage).
"I don't think anyone who joined in 2017 can be called OG," says Darius Sit, founder of QCP Capital, a Singapore-based crypto trading firm he also founded this year there.
"That's my definition anyway. I think OGs are die-hard believers who went all-in when no one else was paying attention to the space, so that's definitely way before 2017."
Like SBF, Sit was also in crypto primarily to make money, and since its inception, QCP Capital has grown to become one of the largest crypto options trading firms in the world with $1.5 billion dollars of assets deployed in 2021. Its
In Part 1, we detailed three of the different types of OG crypto you might encounter at an industry party.
They were: (1) obscure super coders and/or anonymous founders, (2) "reputable" and respected OG industry leaders like Vitalik Buterin and Brian Armstrong, and (3) the OGs of back, trying to get rid of the stench of a failed project.
This time around, we come across even more OG crypto categories, with insights from the insiders who know them best.
Here's your guide to the Crypto OGs you'll encounter…if you could land an invite to one of these parties.There are a few select crypto players who joined the game late, but they rose to prominence to become juggernauts in terms of net worth and impact. Usually, they are knowledgeable market makers and traders who are often confused with OGs.
Take, for example, Sam Bankman-Fried, the founder of the FTX trading exchange and quantitative trading firm Alameda Research. Amid recent crypto meltdowns, he gained even more notoriety for stepping in to provide bailouts and minimize contagion.
Sam Bankman Fried in a Youtube interview (Source: The Jax Jones and Martin Warner Show.)Noobs may confuse SBF with an OG, but he only joined the industry in 2017. Bankman-Fried made his fortune through crypto trading arbitrage, which he leveraged to build his empire.
The 30-year-old is a self-made billionaire who is a regular on mainstream financial media, a guest speaker at all major crypto conferences and one of the default industry representatives who speaks at US congressional hearings. His wardrobe seems to consist exclusively of FTX T-shirts.
SBF said he doesn't necessarily believe in the future of a cryptocurrency, but sees them as exciting opportunities. Ultimately, he's the type to participate "for the money" (but only for the purpose of altruistic donation at a later stage).
"I don't think anyone who joined in 2017 can be called OG," says Darius Sit, founder of QCP Capital, a Singapore-based crypto trading firm he also founded this year there.
"That's my definition anyway. I think OGs are die-hard believers who went all-in when no one else was paying attention to the space, so that's definitely way before 2017."
Like SBF, Sit was also in crypto primarily to make money, and since its inception, QCP Capital has grown to become one of the largest crypto options trading firms in the world with $1.5 billion dollars of assets deployed in 2021. Its
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