The Defiant - DeFi Podcast
Behind the Scenes of the Web3 Gaming Giant | Animoca Brands Co-Founder, Yat Siu
Aug 19, 2024
Yat Siu, co-founder and chairman of Animoca Brands, discusses the rise of Web3 gaming and the importance of true digital ownership in this engaging conversation. He shares insights about the company's innovative work with NFTs and blockchain gaming, and the strategic investments driving the industry forward. Yat highlights the role of community in gaming, the evolution of user identity through Soulbound NFTs, and the transformative potential of the metaverse. His vision for a decentralized future emphasizes ownership, culture, and the new dynamics of digital assets.
01:06:51
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Quick takeaways
- Animoca Brands exemplifies leadership in Web3 gaming by emphasizing true digital ownership and innovative platforms like Mocaverse.
- The company's investment strategy focuses on community benefits and decentralization, highlighting their belief in blockchain gaming's transformative potential.
Deep dives
Overview of Animoca Brands
Animoca Brands is primarily recognized for its leadership in Web3 gaming but operates beyond that scope, engaging significantly in investment as well. The company has made over 450 investments in the Web3 space, with notable early investments in projects like Dapper Labs and Polygon. They are also known for the acquisition of Sandbox, which is a prominent subsidiary. The company's mission centers on providing true digital property rights, evolving from a gaming studio to a leader in the blockchain and NFT sector, inspired by their involvement with CryptoKitties.
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