Web3 Leader Spotlight of the day: Angel Abalos

BY
Clyde Marcel Melgar
/
Mar 18, 2024

Introducing Angel Abalos, the Co-Founder and COO of First Choice Coin DAO. FCC DAO aims to be at the forefront of community-driven innovation. Members of FCC DAO collaborate on projects, share ideas, and contribute their skills and resources to initiatives that align with the DAO’s goals and values. Here are a few insights from Angel’s on her experiences with FCC DAO and her journey in Web3.

Can you give us a background of what you do?

Currently, my focus lies in managing our DAO community startup project, known as First Choice Coin. Within this initiative, we are actively engaged in developing decentralized finance (DeFi) solutions and guiding the community to navigate the realm of Web3 through our platform.

What made you interested in Web3?

I am fascinated by the evolution of Web3 due to its significant implications. My interest stems from the opportunity it presents to share my insights and knowledge with those unfamiliar with cryptocurrency. Additionally, the emerging platforms within Web3 offer promising prospects for future generations, motivating me to engage with and contribute to its development.

How is working/building in Web3 different from other industries?

Working or building in Web3 differs significantly from other industries due to its unique characteristics. In Web3, individuals have the opportunity to truly own their time and space, fostering a sense of freedom unparalleled in traditional sectors. This innovative platform empowers users by providing them with ownership and control over their digital assets, creating new avenues for financial independence, particularly in the face of inflationary pressures.

What’s your proudest achievement in Web3?

My proudest achievement in Web3 would be transitioning into this space full-time, attaining financial and time freedom, and taking on the role of educator and inspirer to others. Not only have I focused on my personal growth, but I've also served as a catalyst for others' success in the realm of crypto wealth. Additionally, I take pride in having the courage to embark on the journey of building our own startup project here in the Philippines.

If there’s something you would like to change in your Web3 journey, what would it be?

If given the opportunity to alter any aspect of my Web3 journey, I would prioritize enhancing my skills continually. I recognize the perpetual evolution within the Web3 space and its technology, and I aspire to adapt and improve alongside it. As I envision both myself and the Web3 landscape flourishing over time, I place great significance on staying abreast of advancements. I firmly believe in the transformative potential of Web3, particularly its role in shaping the future of finance and catering to the evolving interests of individuals.

What’s the biggest problem that you think Web3 can solve?

One of the most significant issues that Web3 has the potential to address is inflation. As we observe the continuous rise in the prices of goods and services annually, coupled with the inflationary effects on fiat currencies stemming from their unlimited supply, the need for a transformative evolution in monetary systems becomes increasingly apparent. Cryptocurrency, through its inherent design, presents a promising solution to this challenge, offering the prospect of a paradigm shift in our approach to monetary transactions and governance.

What’s your BTC price prediction in 2030?

Honestly, it's tough to say for sure, but I'm pretty optimistic about Bitcoin's future. seeing it hit 4M was mind-blowing, right? I'm thinking by 2030, we could be looking at something like 10 times that, or even more. Bitcoin has totally changed the game for me financially and in terms of what I believe about money. It's like this beacon of hope and possibility. I mean, the way things are going, it's clear crypto is here to stay and only getting stronger. But hey, who knows, right? The only constant is change, and in the world of crypto, things are always evolving.

Clyde Marcel Melgar
Web3 Content Writer

Clyde, a Web3 Writer with an obsession to analyzing the cryptocurrency market. Growth and strategy builder for all things Web3 content creation.

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