Crypto mass adoption is just 1218 months away Yat Siu

Animoca Brands co-founder and chairman Yat Siu believes mass adoption is closer than one may think, and that blockchain gaming will be the catalyst.

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Crypto market to hit $200T within 10 years Animoca co-founder

Animoca's Yat Siu believes Asia is the fastest-growing Web3 market, while jurisdictions like the U.S. are lagging behind.

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Conviction over doubt: Yat Siu on building web3s most influential unicorn

Welcome to Slate Sundays, CryptoSlates new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Co-founder and executive chairman of web3 gaming unicorn Animoca Brands, few people in crypto havent heard of Yat Siuwith the exception of the […]

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NFT-styled debit cards the future of Web3 — Animoca founder on $30M hi investment

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million for the neobank platform hi. Siu’s investment firm plans to invest in the Web3 app that combines a cryptocurrency exchange, digital banking services and a customizable nonfungible token (NFT)-styled crypto debit card [...]

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[Panel Recap] Animoca Brands’ Yat Siu on Importance of Digital Property Rights

"Freedom and property rights are intertwined; you can’t have one without the other, and the same is true for digital property rights," says Yat Siu.

The post [Panel Recap] Animoca Brands’ Yat Siu on Importance of Digital Property Rights appeared first on BitPinas.

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Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on returns for potential investors wanting to get more Web3-related capital exposure, will focus its activities on companies in the mid-to-late investment stages. Animoca Brands Plans

The post Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects appeared first on BTC Ethereum Crypto Currency Blog.

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Animoca’s Yat Siu Defends Web3 Games, Says Low User Count Not a Measure

Animoca's Yat Siu has defended The Sandbox's 500 daily active users count, adding that the game is doing well despite the low number of players.

The post Animoca’s Yat Siu Defends Web3 Games, Says Low User Count Not a Measure appeared first on BitPinas.

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Yat Siu says blockchain gaming is more than is suggested by low user count

In blockchain news today, Animoca Brands co-founder Yat Siu says although on-chain transactions measure is an important metric to consider when addressing player engagement across blockchain gaming, the measure isn’t the best.

Bloomberg first reported on Siu’s comments on Sunday 23 October, citing remarks made during an interview ahead of the Hong Kong Fintech Week.

The observations also come days after a report that some of the best blockchain gaming platforms such as Decentraland (MANA/USD)and The Sandbox (SAND/USD) were recording very few numbers when it comes to daily active users.

According to Siu, the blockchain transactions metric, which includes such data as sales of NFT lands in the metaverse, does not reflect the broader outlook regarding user engagement.

He noted that in the case of The Sandbox for instance, the figure of 500 daily active users doesn’t reflect the fact that there are more NFTs holders looking to use their assets in-game than those looking to sell them.

In his view, there are other metrics to consider, including jobs created and revenue generated across platforms such as The Sandbox. He says these metrics offer a more accurate measure of player engagement than just the daily active user count.

He pointed out that The Sandbox has over 200,000 monthly active users, with individual landowner wallets pegged at $500,000 to $2 million.

So looking at daily on-chain transactions alone is like claiming that the number of people trading on Wall Street is equal to the population of the United States.

Earlier this month, The Sandbox CEO Arthur Madrid, commented that “on-chain transactions does not mean users,” with the gaming platform noting growth across various metrics.

Some comments about Web 3 metrics:
= Web 3 player worth more than Web 2 players engaged with a wallet, all payers VS low conversion in "Freemium" model;
= on chain transactions does not mean Users;
= NFT owners invest in an asset that will grow in value over time based Utilities; https://t.co/IIpsDjRUnm

Despite the cryptocurrency market swoon in 2022, the latest report by DappRadar shows blockchain gaming and metaverse projects netted more than $1.3 billion from investors in Q3, 2022.

Blockchain-powered gaming activity across 50 networks showed over 912,000 daily Unique Active Wallets in September.

Alien Worlds and Splinterlands had the most activity in terms of players, with more than 160,000 daily UAW registered. Among the top five Web3 games, BNB-based Gameta and Polygon-based Benji Bananas also saw decent gains in daily UAW.

The post Yat Siu says blockchain gaming is more than is suggested by low user count appeared first on Invezz.

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NFT games are ‘only scratching the surface' of what's possible — Animoca's Yat Siu

Yat Siu thinks it's only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility.

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Metaverse Will Bring About the "Construction of New Economies" - Animoca CEO

Animoca Brands CEO, Yat Siu sees the GameFi ecosystem as a major avenue to welcome people into the new economy the metaverse is creating (Read More)

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Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs

The Animoca Brands co-founder suggested that Asian gaming companies don’t have to deal with the same amount of pushback against NFTs that U.S companies have faced.

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Animoca Brands’ Co-Founder Believes Web 3.0 Will Soon See “Hundreds Of Millions Of New Users”

Animoca Brands’ Co-founder and Chairman, Yat Siu, recently gave an interview at the Urban Land Institute’s Asia Pacific Summit.

Continue reading Animoca Brands’ Co-Founder Believes Web 3.0 Will Soon See “Hundreds Of Millions Of New Users” at DailyCoin.com.

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Animoca Drives into Crypto Racing Games With Latest Acquisition

The NFT and Metaverse investment firm plans to continue building out its REVV Motorsport ecosystem with a Metaverse-first approach.

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Animoca Brands targets social media giants in latest Web3 expansion plans

“You will continue seeing us take that approach as we sort of, you know, try to shepherd companies into Web3,” said Animoca Brands chairman and co-founder Yat Siu.

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Metaverse Giant Animoca Brands Cuts Off Services to Users in Russia

Blockchain gaming company Animoca Brands halts its services to Russian users following Russia’s invasion of Ukraine.

Continue reading Metaverse Giant Animoca Brands Cuts Off Services to Users in Russia at DailyCoin.com.

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Fan Controlled Football raises $40M to expand league with Bored Apes and Gutter Cats

“One of the most powerful things that tokenization does is release the energy of fans into tangible forms of value and meaning, we see this effect in NFTs and also social tokens,” said Animoca Brands co-founder Yat Siu.

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Should Zuck lead us to the Metaverse? Crypto leaders weigh in

“In order for him to have a clean slate for Meta, he must step down and he must have a new CEO to run it,” said Jenny Ta.

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NFTs offer a new way for society to ‘store culture’ says Animoca Brands CEO

Animoca Brands co-founder Yat Siu has urged new NFT users to look past profiteering and examine how nonfungible tokens can redefine culture.

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Yat Siu X account breach likely part of a string of recent hacks: ZachXBT

The X account of Animoca Brands co-founder Yat Siu was hacked to promote a bogus token in what appears to be the latest in a string of similar hacks in the past month.

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NFTs will be even bigger than they were in 2021 Animocas Yat Siu

Animoca Brands Yat Siu told Cointelegraph that NFTs can be considered an investment in ones reputation, similar to a Picasso artwork.

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