By Nermeen Nabil Khear Hasan (Hatu) Sheikh is the founder of Coin Terminal, a platform that positions itself as Web3’s most liquid primary market. The platform offers opportunities to buy in pre-sales along with investors like Binance Labs, Samsung NEXT, Arthur Hayes, and many more. The platform has recorded over US$65 million in total value distributed and more than 1.85 billion in connected assets.
Hatu, a seasoned Web3 leader, has founded Coin Terminal, making billions of profits available to retail users within the most important launchpad of 2024. Prior to that, he was also the co-founder of DAO Maker, the leader in governance technology, data-supported startup funding, and institutional on-chain products. To date, DAO maker has registered over $90 million in total amount raised with more than $2bn in total FDV, catering to 315K KYCed users and serving 1.1 million wallets.
Under Hatu’s leadership, Coin Terminal has emerged as a platform with unparalleled features that empower its users’ portfolios and bring them to par with some of crypto’s biggest funds in terms of accessing opportunities.
Q1: How do you see Coin Terminal contributing to a more inclusive and rewarding Web3 space?
Coin Terminal was the first project to make billions in MEV profit available to retail users, offering opportunities to earn up to 100% APR through real yield on any asset on-chain. Users could join the pre-sales alongside crypto’s biggest funds via mobile and web apps, launchpads, and permissionless earning. Additionally, users could profit through sandwich vaults, sniping, and options+perps. The seamless exploration of opportunity—made possible through our platform—has attracted over 521K participants and registered nearly US$1.85 billion in connected assets, fostering a more rewarding Web3 ecosystem.
Q2: What Makes Coin Terminal Stand Out?
We have made our platform highly inclusive and ensured that the barriers to entry are minimal. For instance, users can join our refundable sales with zero collateral. Unlike other platforms, Coin Terminal does not require staking a launchpad token. Paying for services is entirely linked to performance. Once a user opts into a sale, Coin Terminal pays for the user’s ticket. If the user is satisfied with the performance, they pay for the ticket and claim the tokens. If the user is unsatisfied with the performance, they are free to claim a full refund.
Q3: How Easy or Difficult is it to Access Your Platform?
On Coin Terminal, you can create an account in the easiest way possible. Joining your first sale can take less than 30 seconds. All you need to do is sign up and connect your favorite crypto wallet. The next step involves completing a superfast KYC verification process to become eligible for IDO participation. However, what is really unique about our terminal is that users can opt into any sale without creating an account. Only if the user wins does it become a requirement to make an account.
Q4: How has the Impact of Coin Terminal’s Investment Portal been so far in terms of Projects Raising Successfully?
We have successfully facilitated several projects in their IDO raise. SuiRWA, a project accelerated by Sui DePIN ($SUIDEPIN and hosted on Coin Terminal earlier this month, hit 9.3x at its ATH. Sui DePIN, the first Modular Data AI Network, raised a total of $820K. SYNTHR, the first zero-slippage omnichain liquidity layer developed by core members from Axelar, GMX, Jumper, and Sui, achieved a total IDO of $100K. The list continues with projects like aiPump, Sentient AI, EARN’M, and many more.
Q5: For Greater Traction, How Important is It For Web3 to be Engaging and Entertaining?
Web3 must be entertainingly rewarding to achieve greater traction. In one of our offerings – App Arcade – users can discover original free games to play in their browser and earn rewards. We have the most exciting bouquet of games, including Roaring Kitty, Meme Fighter Match, Coin Escape, Inferno Wings, and more. Simultaneously, it is also crucial to foster a thriving and engaging social community. In less than two years, the Coin Terminal Twitter handle has garnered more than 309K followers, demonstrating the power of entertainment and engagement in building traction.
Q6: Moving Forward, What will be your Strategy to Encourage Wider Participation in Web3?
Continuous innovation and discovery of new paths for users of all sorts to seamlessly participate in the Web3 system is what we aim for. Our Launch Pools, for instance, are designed to empower Coin Users with indirect exposure to launches by staking different cryptocurrencies, such as stable tokens and large-cap assets like ETH and BTC. Users’ staked crypto assets would earn a share of a project’s token based on the size of their stake compared to other participants and the duration of their stay in the pool. We have kept it as flexible as possible, with no cap on the amount one can stake.
In more general terms, the kind of ROI our launchpad offers—currently around 13%—is another way to attract and motivate participants to join the Web3 ecosystem.
Q7: In the Coming Years, How Do You See the World of Web3 Shaping Up?
Web3 will become increasingly integrated into our daily lives in the coming years. The emergence of social tokens is a key reality. These are tools that will radically alter the way creators work. These tokens will revolutionize how creators monetize their content and connect with their fans, enabling admirers to invest directly in their favorite artists, influencers, and creators.
We also foresee greater participation in AI technology in Web3. DApps and DLT mechanisms will become more fine-tuned with the integration of Generative AI, making processes like handling smart contracts and verifying transactions smoother and faster. AI will personalize and streamline Web3 experiences, paving the way for more innovative digital assets.
By 2025, we expect there will be significant advancements in the efficient handling of digital identities. The demand for verifiable credentials and decentralized identities will grow, driving the need for enhanced privacy, robust data control regimes, fraud prevention, improved cybersecurity, and more streamlined information verification mechanisms.
The post Coin Terminal Q&A With Hassan (Hatu) Sheikh appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
All rights reserved to : USAGOLDMIES . www.usagoldmines.com
You can Enjoy surfing our website categories and read more content in many fields you may like .
Why USAGoldMines ?
USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.