Arthur Hayes, co-founder of the BitMEX cryptocurrency exchange, announced that he will present to investors of the Maelstrom fund, of which he is CIO, the degeneration of cryptocurrencies. This means the strategy will focus on decentralized science (DeSci) shit.
Arthur Hayes and the cryptocurrency degen for Maelstrom fund investors
in a blog post, Arturo Hayesco-founder of the well-known cryptocurrency exchange BitMEX, has published the new degen crypto strategy.
Specifically, Hayes is the investment director of the Maelstrom fundand stated that will present to investors to implement degen crypto modewith the aim of bet on shit coins. The chosen trend sector is decentralized science (DeSci).
Here are his words:
“In my role as Maelstrom’s chief investment officer, I will encourage the fund’s investors to turn the risk dial towards DEGEN. A first step in this direction is our decision to enter the burgeoning field of decentralized scientific bullshit. We love undervalued things and have bought $BIO; $VITA; $ATH; $GROW; $PSY; $CRYO; $NEURONE”.
The first Shitcoins purchased by Maelstrom in Degen crypto mode are BIO, VITA; ATH, GROW, PSY, CRYO, NEURON.
Maelstrom is an investment fund managed by the Arthur Hayes family office and aims to build a long-term portfolio of infrastructure companies, which will serve as the foundation for the next wave of trustless decentralization.
The fund generally invests in the venture-stage phase between $100,000 and $250,000 (equity + token) and brings differentiated value to the capital tables: experience, relationships and resources derived from having built one of the first profitable unicorns in the sector from scratch. .
Now, however, what Maelstrom wants to do is act as the so-called degen cryptoThat is, cryptocurrency participants who focus on finding new coins and tokens to invest in, hoping to make big profits.
Degen refers to impulsive behavior, born of play.
Degen Crypto from Maelstrom Fund: decentralized science – DeSci
Hayes has decided to convert Maelstrom Fund investors into cryptodegens but of DeSci projects (Decentralized Science).
In this regard, Hayes commented on DeSci in another publish in X. Here we talk about the Biological protocol token (BIO) that debuted on the Binance launchpad on January 3, 2025. BIO achieved enormous success, returning +2400% two minutes after going public.
Not only that, Hayes is commenting on what’s going on. in the DeSci ecosystemwith the inaugural BioDAO (VitaDAO for longevity, CryoDAO for preservation, etc.) which are unlocking rewards in BIO for having believed in the ecosystem from the beginning. These rewards for BioDAO are of astonishing size.
Hayes argues that while BioDAO is poised to make money from BIO rewards, the market has lost them.
More generally and Speaking of DeSci, Hayes defines the following:
“DeSci is one of the few new narratives in the space that many market participants haven’t heard of yet.. According to Kaito’s precise, highly scientific and infallible calculations, DeSci’s mental share increased by 2640% (laughs, I know) in 2024, but it is still small compared to other topics monitored by Kaito. The situation is about to change… we are ready for a rotation of the sector”
Next, Hayes mentions the names of well-known crypto figures who are entering the DeSci sector. Among the various are Vitalik Buterin of Ethereum, Changpeng CZ Zhao of binanceBrian Armstrong of Coinbase and many others.
Is Kucoin the preferred exchange for degen cryptocurrencies?
Last July 2024, it was learned that KuCoin had become the favorite crypto exchange for degen crypto.
Basically, the platform has very interesting investment tools, which are attractive to this category of traders or users.
And in fact, at KuCoin you can Trade a wide range of memecoins and low market cap coinsall with competitive rates and high security.
