EXCLUSIVE: Current Market Insights with Eran Elhanani, Founder & CEO of BullPerks

Eran Elhanani is an entrepreneur and investor with a diverse background spanning real estate, technology, and blockchain and currently resides in Dubai. He holds a degree in Science with a triple major in Medicine, Math, and Computer Science from the Hebrew University of Jerusalem. After co-founding Nascendi-Tec, a telecommunications and IT company, he transitioned to real estate, founding The Elhanani Group, Inc. In 2021, he co-founded BullPerks, a decentralized venture capital and multichain launchpad, and later GamesPad, a comprehensive gaming, metaverse, and NFT ecosystem.

AI agents have taken the entire industry by storm. From frameworks to launchpads, it looks like a great market fit. How do you see these types of market innovations, and how will BullPerks respond to these challenges as one of the top-ranked launchpads?

Indeed it seems like AI agents are the new trend, which is why BullPerks is both launching multiple such projects as well as integrating them into our daily workflow to improve system efficiency. While obviously like in every cycle many of the initial projects are opportunistic ones and won’t survive long term then some will and I believe it will become an integral part of crypto. At the end of the day, AI agents can do things better and faster than humans whether it’s trading, influencing, analyzing, or researching data and so on.

The President of the United States of America just launched his own MEME coin, $TRUMP, which reached a $10B trading volume within 24 hours. Is this the new face of the industry, or do you see it as a temporary trend?

While I might be biased and not a big fan of such coins then they prove the upcoming US government is pro-crypto and regulatory framework might become more flexible and lenient toward crypto. And if the president is pro-crypto that will lead banks, asset managers, huge conglomerates, and companies to accept crypto as a reality and embrace it so they’re not left behind and the same for other countries. So this is a very bullish sign and will bring retail in as well. On the negative side, such things drain liquidity from more serious projects and not the image of crypto we would prefer. It also shows that crypto is a very emotional space and too easy to influence and manipulate.

Having been part of hundreds of crypto token launches, which narrative do you consider the most successful? Has it been Gaming, Metaverse, DeFi, or more recently, AI?

As someone who has been through a few cycles and, both, invested and launched many projects, then I can say that each time there are a few narratives that emerge strongest for that cycle. Previously we had Defi, then Gaming and Metaverse, L1/L2 protocols, DePin, and this cycle it’s memes and AI/AI agents with RWA, DeSci, and some more in the back waiting. Usually, trends pass or become weaker/more mature after a few months and something else becomes the new hot thing.

In your opinion, what is the best infrastructure ecosystem to build on?

It really depends on what you’re building. Memes seem to be flourishing on Solana and it’s doing well, however, I believe Base, Arbitrum, and AVAX are also growing and there are some new ones trending too while Binance Chain and some older ones are still in the race.

We know you’re a big fan of gaming. What’s your take on the industry right now? It seems like the momentum isn’t there yet, and we may still need to wait for that next big explosion.

Yes, while Gaming is one of the most natural use cases for crypto and blockchain then there hasn’t been a big game/gaming company yet that succeeded in penetrating the space and getting mass adoption. I’m still optimistic about it and believe will have its day in the sun once we finally get the high-quality games launched.

READ ANOTHER KEY OPINION: EXCLUSIVE: Current Market Status with Eowyn Chen, CEO of TrustWallet