Entrepreneurs, speculators, players: the many faces of the “block chain”

“Among the people who are here, some have won, some have lost. But, in any case, everyone is convinced that the ‘chain of blocks’ is a technology of the future”, summarizes David Prinçay, the president of Binance France, which today has nearly 150 employees. (Photo: 123RF)

Paris — Entrepreneurs, speculators, video game fans, metaverse builders, “geeks” from all walks of life gathered in Paris on Wednesday and Thursday for a “blockchain” convention organized by Binance, the largest trading platform of cryptocurrencies in the world.

An increasingly widespread term, the “chain of blocks” is similar to a huge computer register deemed unfalsifiable, which serves as a support for multiple operations representing billions of dollars.

“I want to open a decentralized platform for cryptocurrency exchanges and I came to seek information,” Ray, a Chinese entrepreneur present at this convention, told AFP.

“In China, the regulations are very restrictive” concerning these virtual currencies, “while in France, they are strict, but friendly”, adds this 34-year-old man, who has already launched an influencer service company in his country. and other content producers for social networks.

“I came to look for partnerships, investors, inspiration,” says Nils Gregersen, a 35-year-old German who is the co-founder of Paycer, a start-up offering investments to ether holders. , a cryptocurrency competing with the famous bitcoin.

The sector has taken a hit with the fall in the value of bitcoin and other cryptoassets, but “there are always opportunities”, he assures, citing potential returns ranging “from 4% to 6%”, higher to those offered by traditional savings products.

Charles Hu and Fabien Hu, two Parisian economics students aged 18 and 19, are looking for good advice.

“We bought ether, we think it will go up again”, after the success Thursday of the “Merge”, anticipates Charles.

Under this name hides a technical mutation of the Ethereum “block chain”, which serves as the base for this cryptocurrency and which must therefore become less energy-consuming.

Fabien also tries to “identify the good NFT projects”, these digital certificates linked to virtual or real objects which have sometimes seen their value climb dizzily.

His goal: “to buy them as soon as they are issued, and I resell them immediately, as soon as they are listed on a market place”, he explains.

Community

Alexandre, a 35-year-old bearded man with a piercing under his lip, a railway maintenance specialist, is also an NFT enthusiast.

“I’m still gaining in my investments, but maybe I was lucky compared to the average,” he says, as the valuation of some of these certificates has fallen for a few months.

“I appreciate the community side, the fact of exchanging with a lot of people on Twitter, Discord, Telegram”, he underlines to explain his enthusiasm.

Alejandro Lillo Aranda, Alex Moneton, and Yassine Mezroui, three in their thirties, are looking to develop NFT projects associated with video games for the international incubator Seedify.

They each work full-time, self-employed, from their homes, in Madrid, Nice and in the suburbs of Paris.

If video games were to widely distribute rewards in the form of NFTs, players could build up a form of monetizable heritage and “in some way make the time spent playing profitable”, describes Alejandro Lillo Aranda.

“If I could have received this kind of thing when I was a teenager and I played ‘World of Warcraft’, I would not have stopped playing,” adds Alex Moneton.

“Among the people who are here, some have won, some have lost. But, in any case, everyone is convinced that the ‘chain of blocks’ is a technology of the future”, summarizes David Prinçay, the president of Binance France, which today has nearly 150 employees.

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Entrepreneurs, speculators, players: the many faces of the “block chain”


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