Ludos Protocol Investor Profile: Ma Qiang, Founder of BA Capital
Ludos Protocol Investor Profile: Ma Qiang, Founder of BA Capital
Ma Qiang is the founding partner of BA Capital and one of the pioneer VCs to invest in blockchain projects in China. To date, Mr. Ma has more than 15 years of investment experience in venture capital and industry. As an experienced professional in the blockchain industry, he has made worthwhile and notable investments in highly visible blockchain projects. In 2017, he invested in Bitmain — now the world’s largest designer of ASIC chips for Bitcoin mining — as an equity investor.
With his successful investment into Bitmain, he established BA Capital and fully immersed himself into the blockchain world and as an extension, cryptocurrencies. As part of this immersion process, he collaborated with the competitive hacking series Dorahacks to augment and develop his and the industry’s knowledge into blockchain.
His interest and investments in blockchain projects aren’t without challenges. In fact, the challenges, in his opinion, have been somewhat overwhelming from both a business and financing perspective. But this, he says, is the best way to test the viability of a business, since cash-rich entities attract many negatives, such as scammers, fraudsters and general greed. This test is good for the cryptocurrency industry to weed out undesirable elements, he believes.
Investment into Ludos Protocol
In the early phases of Ludos Protocol, Mr. Ma expressed optimism about the Protocol’s potential. His decision to invest into Ludos Protocol was swayed by the idea of the project: to build a decentralized gaming ecosystem that would be fair to gamers and publishers alike, as well as improve TPS speeds by creating multi-sidechains that minimized interactions with the mainchain.
His confidence also stems from the founders’ credentials, who come from top universities such as Carnegie Mellon, Boston University and Peking University, and from the fields of financial mathematics and software engineering. They also have stellar professional backgrounds, having worked in private equity funds and in multinational firms such as Microsoft. He intends to lend his vast experience to complement and steer Ludos Protocol to success!
About Ludos Protocol
Ludos Protocol is a purpose-built blockchain infrastructure project for the gaming community. As only the third blockchain project to be backed by Japanese investment giant Softbank, Ludos addresses numerous shortcomings in the existing gaming landscape. Its main chain + multi-sidechain architecture allows games to run entirely on their own blockchain, preventing scalability issues that have plagued previous blockchain-based games. Additionally, the Protocol seeks to create a gamer-friendly ecosystem whereby game developers and gamers can come together to easily crowdfund and build on the platform. The use of non-fungible tokens (NFT’s) within the ecosystem will allow gamers to swap assets in one game for assets in another. Finally, through their partnership with FullPay Japan, Ludos will give gamers the chance to use LUD tokens that are earned in-game to shop and buy at a range of retail stores in Japan and later the world.
Ludos Protocol Links
Telegram Channel: https://t.me/LudosProtocol
Website: https://www.ludos.one/
Facebook: https://www.facebook.com/LudosProtocolOfficial/
Twitter: https://twitter.com/LudosProtocol
Reddit: https://www.reddit.com/r/LudosProtocol/
BitcoinTalk thread: https://bitcointalk.org/index.php?topic=5064140
