Simp DAO queen Irene Zhao on why good memes are harder than trading: X Hall of Flame

Who is this individual anyhow?

Rubbing virtual shoulders with big names like Paul is just a regular day in the life of a crypto influencer. Zhao boasts 194,300 Twitter followers, runs her own Web3 NFT platform business, SO-COL, and globe-trots to speak at crypto conferences.

I cant repair you pic.twitter.com/oyMLut3S2F.
— Irene Zhao (@Irenezhao_) November 4, 2023.

Zhaos very first Simp DAO and NFT collection, IreneDAO, began with a floor cost that was generally pocket modification in ETH.

” I think it had to do with zero-point-something ETH,” Zhao remembers.

” Logan followed me on Twitter and Instagram after he purchased my NFTs,” Zhao states, including, nevertheless, that theyve never ever managed to meet up.

Zhao reveals that Paul came across the task after billionaire crypto financier Mike Novogratz posted about it on Twitter. That started a relationship with Paul:.

The game changed for Zhao when questionable YouTube star Logan Paul threw in around a quarter of a million dollars in January 2022.

” I satisfy a great deal of effective and cool individuals, and they all have really fascinating characters. Otherwise, they would not choose crypto as a career since its a really vibrant and really busy profession industry.”.

” I was going to travel to Los Angeles, however at the time, he was someplace in Puerto Rico. We didnt get to fulfill in the end. We do have conversations about NFTs.”.

” The next day, I woke up, the flooring cost increased five times when Logan Paul purchased about 20 pieces or something. I was truly surprised,” she explains..

Irene Zhao, the Simp-Queen mastermind behind the SO-COL platform and a Crypto Twitter influencer, discusses that having a celebrity in your corner can turbocharge your NFT collection.

What resulted in Twitter popularity?

Zhao jokingly points out that shes a huge deal in Asia but can roam under the radar in the Western world:.

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” They acknowledge me, particularly in Asia, but in the Western world, the white individuals cant truly acknowledge Asian people. They think everybody looks the exact same,” she laughs.

Zhao set up one of the first Simp DAOs, where NFT purchasers could join her Irene DAO fan club and get closer to their Simp Queen. She later on spun this idea out for the SO-COL platform.

Zhao had actually already built a following as a social networks influencer in the Web2 space, and much like Bitcoiners orange-pilling their good friends, she has actually presented the majority of her followers to NFTs.

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In my health is wealth era.
Im so prepared for the trip with @truck_memecoin pic.twitter.com/2Wh1TqsIps.
— Irene Zhao (@Irenezhao_) November 1, 2023.

” I have actually been developing my own personal branding as a key opinion leader throughout various social networks platforms like Instagram and YouTube. So, today, I have about half a million fans throughout all platforms.”.

I got fortunate and People liked my photos. In six years I now have some 300k+ followers, amongst the leading 10 influencers in Singapore. You would believe I am reasonably well to do with such a big fan base.

She jumped into crypto since she wished to have control over her own content. She was fed up with just monetizing her material by promoting products, which is how Web2 influencers make a living.

” Ive developed a deep connection with a lot of huge brand names, however it type of draws, due to the fact that even though I have an extremely substantial following on all other social media platforms, I do not really get many of the advantages. I dont truly own my material or my community.”.

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What material can individuals anticipate?

The scenario took a sour twist when Lady of Crypto fired back with some nasty comments about Zhaos English skills, saying, “In your videos, you can barely string two words together.”.

Ciaran Lyons.
Ciaran Lyons is an Australian crypto reporter. Hes also a standup comic and has been a radio and TV presenter on Triple J, SBS and The Project.

If you had actually spent these 30 hours trading crypto.– Irene Zhao (@Irenezhao_) November 15, 2021.

Nasty Beef: Lady of Crypto.

” I think I like the shitposting. Its pretty amusing; its very amusing to take a look at all the memes.”.

Zhao isnt a fan of the serious tone of some in the crypto world. In her viewpoint, those who enjoy technical or trading conversations may not necessarily be the most appealing minds in the crypto community.

We do have discussions about NFTs.”.

” It is a very clever relocation since you need to comprehend the marketplace, and you have to comprehend the audience to come up with the specific meme that individuals desire. Its a very uncommon talent to have.”.

Ever the businesswoman, Zhao was more interested in the truth that the post accumulated around “4 million impressions.”.

” I believe NFTs for developers is going to be a genuine buzz really soon due to the fact that we havent really experienced it yet,” she describes.

You would believe I am fairly well to do with such a big fan base. If you had invested these 30 hours trading crypto.– Irene Zhao (@Irenezhao_) November 15, 2021.

Forecasts?

Zhaos forecasts are practically in line with common, received knowledge. Shes excitedly anticipating Bitcoin to reach the $100,000 mark.

I believe real world assets are most likely going to go huge in the next 12 months.”.

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Nevertheless, shes also betting huge on real-world possessions taking off in the next year:.

Since plenty of celebs havent hopped on the bandwagon yet, she also thinks that NFTs still have room for growth.

” Of course, Im still bullish on BTC, Ethereum and all the basics. Individuals are discussing RWA a lot. I think real life possessions are most likely going to go huge in the next 12 months.”.

Zhao didnt let it get to her personally and thought it was “very amusing.”.

Zhao holds the belief that making crypto memes needs a bigger brain than sharing trading pointers:.

” Im still bullish on social antiques due to the fact that we have not actually onboarded all the Web2 creators to NFTs. I think there is still much space for that.”.

He doesnt send me crypto memes any longer, its over I lost him.– Irene Zhao (@Irenezhao_) May 9, 2022.

” She was predicting the price of Bitcoin or something, however it was an incredibly apparent pattern. I was like, You are stating the apparent, and then she got upset.”.

Woman, youre doing such a fantastic job with $KONO. In your vids, you can barely string 2 words together.

The feud illuminated after Zhao lightly teased her on Twitter for dispensing a no-brainer tweet.

Zhao had a public beef with fellow crypto influencer Lady of Crypto in December 2021.

Other Questions People Ask

What insights does Simp DAO queen Irene Zhao provide on the challenges of creating good memes compared to trading?

Irene Zhao emphasizes that crafting effective memes requires a deep understanding of the market and audience, making it a rare talent. Unlike trading, which can be more straightforward with data analysis, meme creation involves creativity and cultural awareness. Zhao believes that the ability to resonate with people through humor and relatability is what sets successful memes apart from mere trading strategies.

How has Simp DAO queen Irene Zhao leveraged her social media presence to enhance her NFT projects?

Zhao has built a substantial following across various platforms, which she utilizes to promote her NFT projects like IreneDAO and SO-COL. Her previous experience as a social media influencer in the Web2 space has helped her transition into Web3, where she educates her followers about NFTs. By engaging with her audience and sharing her journey, she has successfully introduced many to the world of cryptocurrency and NFTs.

What role do celebrities play in the success of NFT collections according to Simp DAO queen Irene Zhao?

Irene Zhao notes that having a celebrity endorse or invest in an NFT collection can significantly boost its visibility and value. For instance, when Logan Paul invested in her NFTs, the floor price skyrocketed, demonstrating the impact of celebrity influence. Zhao believes that such endorsements can turbocharge an NFT project, attracting more attention and potential buyers.

Why does Simp DAO queen Irene Zhao believe that good memes are essential in the crypto community?

Zhao argues that good memes are crucial because they can simplify complex ideas and make them more accessible to a broader audience. In her view, the crypto community often takes itself too seriously, and humor can foster engagement and connection among enthusiasts. By creating relatable and entertaining content, Zhao believes that memes can help demystify cryptocurrency and attract newcomers to the space.

What predictions does Simp DAO queen Irene Zhao have for the future of NFTs and real-world assets?

Irene Zhao is optimistic about the future of NFTs, particularly for creators, as she anticipates a significant buzz around them soon. She also predicts that real-world assets will gain traction in the next year, as many celebrities have yet to fully embrace NFTs. Zhao remains bullish on major cryptocurrencies like Bitcoin and Ethereum while highlighting the potential for growth in the NFT market as it evolves.