Alibaba announced on Tuesday that Joseph Tsai, one of its founders, will become Chairman starting in September ๐
Mr. Tsai first expressed interest in Web3 in December 2021 with a short tweet: โI love crypto.โ
At that time, Mr. Tsai did not explain what he meant in the tweet, but a year later, he became an active investor in the Web3 industry.
Tsai was involved in investments such as: Polygonโs February 2022 round, Web3 fantasy sports platform Fast Break Labs fundraise, and NFT platform Artifact Labs May 2023 round.