Bitman
Cryptocurrency Experience: 4 years
Personal Experience:
– Founder of BITMEN
– 2024 Open Campus & Forbes Global Top 100 Web3 Creators (OC 100)
– 2025 Taiwan Blockchain Industry’s Most Influential 30 People by Dongxu Dongqu
In 2021, Bitman founded the Alpha Group named “BITMEN,” which continues to track key on-chain trends and discover early investment opportunities. From NFTs, meme coins, to Ordinals (issuing NFTs on Bitcoin), and Runes (issuing tokens on Bitcoin), Bitman has repeatedly captured projects with hundredfold return opportunities.
The Alpha Group, simply put, is a professional community in the cryptocurrency space, possessing specialized skills, networks, and first-hand information. Most of these communities issue their own NFTs as badges for members, actively engaging with or inviting potential projects for collaboration, striving for various benefits for members, such as whitelist collaborations, making it arguably the strongest intelligence network in the crypto space.
You can also find him here:
BITMEN Discord｜Bitman’s Telegram channel｜Bitman’s X account
How did you enter the space?
The NFT market in 2021 resembled a spectacular fireworks show—brilliant yet fleeting. Expensive NFT projects like BAYC and Azuki emerged like mushrooms after rain, attracting countless individuals chasing dreams of overnight wealth. However, when the bubble burst and the market returned to tranquility, how many truly profited, and how many could persist?
Bitman is a well-known KOL in Taiwan’s NFT community and has personally experienced the ups and downs of the market.
Before entering the crypto space, Bitman was a senior professional with years of experience in the public relations industry. However, behind the glamorous facade were endless proposals, client engagements, and grueling work that kept him awake at night. The prolonged high-pressure environment left Bitman physically and mentally exhausted, leading him to contemplate resigning for a break. He yearned to slow down and rekindle his passion for life.
In the spring of 2021, Bitman decisively left the public relations industry. Initially, he planned to take a good rest before re-planning his life. However, no one expected that this resignation would become a crucial turning point in his life. It was during this break that he unexpectedly encountered cryptocurrency, embarking on his adventure in the crypto world.
After chatting with friends and learning about emerging digital assets like Cardano (ADA) and Ethereum (ETH), Bitman invested a small amount of money with a mindset of trying it out.
At first, Bitman did not have high expectations, but to his surprise, the amount in his account began to increase like magic. Just a week later, those initially unremarkable “small stones” had tripled, turning into a pile of glittering “gold.”
This entry experience left Bitman quite shocked. Following that, various new concepts like DeFi, CeFi, meme coins, and NFTs exploded in popularity, dazzling him with the array of new possibilities, while simultaneously deepening his fascination with this virtual world.
What was the most impressive experience in the crypto space?
In 2021, the NFT craze began to sweep across. Bitman discovered that NFTs were not merely images but unique assets with rarity and collectible value. This reminded him of the phenomenon he had observed in past fields like art, luxury cars, and watches: wealthy individuals always loved to showcase their wealth and status through these items.
NFTs perfectly satisfy the pursuit of rarity and uniqueness.
Thus, Bitman decided to take a gamble. He began researching various NFT projects, participating in community discussions, and delving into the value of NFTs.
In the world of NFTs, what Bitman enjoys most is the thrill akin to opening a blind box: “You never know what you will get next, and it always allows you to bet small to gain big.”
Among his most memorable experiences is the vampire NFTs he bought at a low price.
During the height of popularity for the Bored Ape Yacht Club artists, another NFT project named “Sneaky Vampire Syndicate” was launched. This project featured 8,888 unique vampire NFTs. Bitman participated in the minting with a mindset of trying his luck, and unexpectedly minted an extremely rare “golden vampire.”
This NFT was worth a fortune in the market at that time; the minting fee was only around 300 USD, but it ultimately sold for a staggering 55,000 USD, marking one of Bitman’s most memorable transactions.
Another interesting experience involved a zombie NFT released by the trendsetter, Shawn Yue. As a pioneer in fashion, his NFTs naturally drew considerable attention. At that time, Bitman purchased some NFTs, and similarly drew a rare mummy variant, of which there were only a few dozen. He listed this NFT for auction online, only to find it was bought by another crypto KOL, Li Hali.
Bitman laughed and said, “It just feels like this world is really small, yet very interesting.” He humorously referred to the NFT community as a mini-ecosystem where everyone gathers due to shared interests, exchanging ideas and growing together.
These two successful transactions deepened Bitman’s appreciation for the charm of NFTs and boosted his confidence in his investment insight. He began to believe that the NFT market is filled with infinite possibilities, and as long as one dares to try, there is a chance to create miracles.
What apps do you have on your phone?
Security Verification: Authenticator
Exchanges + Wallets: MetaMask, Phantom, Binance
First-hand Information Sources in the Crypto Space: X, Discord, Telegram
Asset Management: Debank, Zerion
What is your current investment strategy?
Having carved a path in the early days through NFTs, Bitman had to temporarily step away after the “NFT bubble” burst, only to return to the NFT market at the end of 2024.
Bitman stated that he has recently started to re-enter the market, keeping an eye on some promising projects, including blue-chip NFTs, NFTs launched on new chains, or NFT projects planning to issue tokens soon, while also actively participating in community discussions.
Blue-chip: Refers to NFT projects with large market capitalization, good reputation, and stable appreciation, typically developed by well-known artists or teams.
Bitman’s current investment allocation is primarily divided among three main areas: mainstream coins, meme coins, and NFTs. Since the NFT market is just beginning to show signs of recovery, 50% of his investment allocation is still focused on mainstream coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), with these funds primarily used for spot holdings, aiming for long-term stable returns.
In addition to stable investments, Bitman also holds a strong interest in meme coins. He believes that although meme coins are highly volatile, they can often create astonishing price surges in a short period, bringing unexpected wealth to investors.
Are NFTs dead?
Since the frenzy of 2021, the NFT market has gone through a prolonged winter. Countless projects have vanished, trading volumes have plummeted, leading many to feel pessimistic about the future of NFTs. The phrase “NFTs are dead” has become a running joke among many in the crypto community.
However, Bitman disagrees. He believes the NFT market is simply in an adjustment period, brewing for a new explosion.
“If you look at (the NFT platform) OpenSea, starting from the end of 2024, the trading volume on the platform began to surge,” Bitman continued, “the data clearly shows that users are coming back.”
However, users starting to inject some funds into the NFT market is just the first step towards an “NFT spring.” There are two more points worth observing.
Key Point One: Platform Management Strategy
The development of the NFT market largely depends on the management strategies of trading platforms. These platforms serve as the primary venues for NFT trading, and their policies and measures directly influence market activity and capital flow.
Whether platforms actively encourage user participation in transactions, launch effective incentive mechanisms, and how they create better trading experiences will directly impact the future trajectory of the NFT market. Only when platforms genuinely think from the user’s perspective and implement more user-friendly policies can they attract more capital into the NFT market, thus promoting the robust development of the entire industry.
Key Point Two: Development of NFT Projects
The trends in the NFT market, especially the movements of blue-chip NFTs, significantly affect the entire market. These blue-chip NFTs act as market barometers; any action they take can draw the attention and imitation of investors.
Bitman cites the example of Fat Penguins launching tokens at the end of 2024. After the project team announced the token issuance, it not only revived interest in NFTs but also sparked market expectations for other NFT projects to issue tokens. This acts as a signal, stimulating other project teams to begin hinting or planning token releases.
Bitman believes these blue-chip NFTs play an important leading role in the development of the entire NFT market. Their successful models and innovative approaches will influence the direction of other projects and even drive the growth of the entire NFT market.
Considering these two points and the current state of the NFT market, Bitman is quite optimistic about the first quarter of 2025.
What is the future of the NFT market?
Despite feeling disappointed with the NFT market in the past and temporarily stepping away, Bitman has always maintained a very optimistic attitude toward the future development of the NFT market.
He believes that the application of NFTs is very broad, not only limited to the current common practice of art collection but also capable of integrating with various fields such as gaming, music, virtual worlds, identity verification, supply chain management, and even the currently hot AI.
Bitman expressed his excitement to see the future of AI integrated with NFTs. He thinks that the current connection between NFTs and AI is not yet tight enough, but there is definitely room for development in the future.
“Can you imagine? If in the future, the appearance of NFTs changes based on the on-chain behavior data of their holders, for instance, generated by AI based on the types of NFTs in your wallet and trading habits, wouldn’t that be super cool?”
This statement is not just an interesting imagination, but it also embodies the unlimited possibilities for the future development of NFTs. This dynamic change of NFTs represents not only a visual presentation but also the personal on-chain footprints and preferences of users. Each NFT will become a unique entity, recording its own on-chain story, transforming into a digital identity proof unique to each individual.
Of course, the NFT market also faces certain challenges, such as incomplete regulations and difficulties in practical applications. However, Bitman is confident that with technological advancements and market maturation, these issues will eventually be resolved.
“The future of NFTs is filled with infinite possibilities,” Bitman firmly stated. “I look forward to seeing more applications of NFTs in the future, injecting new vitality into the NFT market.”
In Bitman’s view, NFTs are not merely investment tools but also bridges connecting the virtual and real worlds. He believes that NFTs will play an increasingly important role in future life, bringing more convenience and enjoyment to people.