Host: Binance NFT webinar
Featuring: Norelle; Co-founder — CLV
Interviewee: Norelle CLV
Interviewer: Lucia Quaglia
Date: March 08, 2022
Time: 5 pm UTC
Location of interview: Binance NFT webinar
List Of Acronyms:
NCF = Norelle CLV
IN = interviewer
Full Recap
IN: Norelle would you want to introduce yourself?
NCF: Hi everyone, this is Norelle. I’m the co-founder of Clover Finance, we are a one-stop infrastructure platform for cross-chain and decentralized applications and we are also one of the best Polkadot parachains. So right now there are a few line-up products that we are focusing on …. from cross-chain to NFT.
I am a graduate of Cognitive Computation and Computer Science from the University of Toronto. Before Clover Finance, I have served as Chief Dex advisor at a listed company, Head of Client Relations at Amber Group, and Head Advisor at Bithumb Global.
IN: Why is decentralization important in this day and age, how does it affect people’s lives; how is web 3.0 going to revolutionize the next phase of the social media industry and how do people benefit from this? And from a users’ point of view, how do they use a transition from web 2.0 to web 3.0?
NCF: To add on to what Tegan and Athena mentioned earlier, I think decentralization is aligned with autonomy, you are reshaping the value of data and I guess …
In the web 2.0 world where every app is doing everything possible to try to write to users, improve …, make the application the hub of users, they are the one who is extracting the maximum value out of it. As a user, what you get is the experience of using the product, you don’t get anything else, and your data could be wiped out overnight like your data has value but doesn’t really belong to you, the value is not really shared with you. But web 3.0, I think, is a huge step forward. Blockchain is a public database, where people can write and read data on an application from many different websites, e.g., transaction cost. Only recommendable behavior is written on a chain and this behavior data contains a lot of monetary values. These values will eventually be rewarded, and the data along with the attached values is eventually going to be transferred back to the users. So I think the very cool example we have seen is people analyzing more addresses. If I am a marketplace with the new NFT marketplace coming up, I want to find target users (NFT collectors). What I can do is to analyze addresses, add up these people and eventually decide whether I’m going to give some incentives like airdrop of some basic token in my own platform or competitors’ platform. And being a web 3.0 user, you can benefit a lot from it. I think that’s a really cool thing about web 3.0.
IN: What do you think about this industry and how can it transform the livelihood of women for example?
NCF: I totally agree with everyone’s understanding. I love the idea of web 3.0 because, like what we’ve mentioned earlier, the protocols are very approachable. As long as you are open-minded, passionate, and willing to learn, you will understand the product. You know, we are always willing to give it a try, like if users try to be part of us. And I think there are a lot of available resources, a lot of universities are offering them now like MIT, Oxford, you know. Binance also has the educational platform Binance Academy, which is easy to learn about crypto. If you’re a complete beginner, this could be a good place to pick up knowledge. You know, it is just amazing you can be in different time zones, New York or Hong Kong, you can be in a cafe or metro, working hard with crypto blockchain, as long as you have a PC. I think it’s amazing how it can be benefitting everyone, specifically women, so we really hope that ladies could join us.
IN: Advice moment, so ladies let’s share some tips to the other girls that want to join the sector, also share your personal experience, and make some comparison between the traditional financial or other traditional sectors you coming from to blockchains, and then you could assure one of the biggest females you see in the industry which inspire you. Like, what their personal experience throughout their life was and how they overcame it, cause life is not that easy, the importance of learning from mistakes or experiences to improve. Norrelle, do you want to start first?
NFC: Sure. Ummm. I guess I started my crypto journey at the university. I was first told about Bitcoin, you know, around 2015 while I was in Russia in high school. Then my university professor told us about the whole thing, and I started buying Bitcoins from this local Peer-to-peer (P2P) kind of platform. Right after my graduation, I went back to Hong Kong to work in a company. I thought, thinking about crypto all the time, that it was still too early.
I guess I was lucky to mark one of my first crypto jobs as an Amber employee. At the time we had a pretty smart team, around 20 people, and many people told me: “Hey, don’t do it! You are taking a crazy pace! Why are you doing this thing?”. People got worried about it but, you know, no one knew what was gonna happen, and that was when I went really crazy about crypto. It took me great courage, but I made it pretty good back then. Then the team also turned into it.
I am just really excited about being in the space, you know. What I want to say is if you are very interested in the space, please, don’t hesitate whether it is early or late. People will always give you a chance for being passionate, you just need to pick it up by investing a lot of resources available worldwide. I also believe that all you need is here — protocols like bidding, good marketers, good crypto specialists. It is not easy because there are a lot of limitations, you have to look at everything from different perspectives and use intensive thinking all the time. We are actually creative people, you know, and I think if you are interested, you just need to approach us and we can tell you how to start. That’s my advice.
IN: Is there somebody who inspires you?
NCF: Ummm. Rest assured that it is the Co-founder & CMO of Binance. I believe in her. She has an eagle eye, recognizing Bitcoin’s potential at that early stage, and she was a host at that very early stage. She showed how useful it was to switch from industry to industry absorbing as much as possible. I guess it is very cool, you know, and obviously, she poped a few exchanges and grew into a very successful businesswoman and I like to think that she’s another version for me.
IN: We are approaching the end of the webinar, let's quickly talk about the future. With the blockchain we are already in the future ladies, what is your view about NFT, Metaverse, web3.0 for the future also take into consideration that delicate situation, So what is your thoughts on that?
NCF: So Clover's focus is more on crushing and teaching these days, hmm the clover wallet supports NFT from a lot of chains whether it us on BSC or Solana we hope if such NFT, and in the future, we hope to see a lot of sophisticated tools emerging, whether it is pricing metrology that data cross different market place whether it is free liquidity , I feel like in the future we will see a lot NFT. Right now is collectable probably and in the future we expect much funds to arise. Our NFT could be used as collateral for the loan. For ownership in perspective, NFT making really I guess finalization, there are much more possibilities and maybe down the road there are more traditional players entering the market space.
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About CLV
CLV (previously Clover Finance) is a one-stop infrastructure platform for cross-chain and decentralized applications.
The CLV chain is a Substrate-based specialized Layer 1 chain that is EVM compatible and cross-chain interoperable. The CLV wallet is a multi-chain all-in-one wallet, for Day-to-Day, Defi, Gaming purposes.
Featured by Coinlist as one of the most noteworthy projects in 2021 and backed by major industry institutions such as Polychain Capital, Alameda Research, Huobi and OKex’s Ventures Arm, with our multi-dimensional products lineup, CLV uniquely positioned itself as “Passport to the Omniverse”.
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