Behind the Scenes of the Web3 Gaming Giant | Animoca Brands Co-Founder, Yat Siu
The Defiant - DeFi Podcast
Tokens and the Evolution of Web3
This chapter delves into the sustainability of tokens in decentralized networks, asserting that business models should focus on transaction fees from user activities rather than token sales. It compares the metaverse to nations in terms of value creation through participation, and discusses the shift from Web2 to Web3 regarding user data ownership and market transparency. The narrative also explores the cultural significance of NFTs, highlighting the evolving consumer motivations that prioritize cultural appreciation and social connections over mere financial gains.
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