DailyCoin
Published Sep 05, 2022 09:10AM ET
Updated Sep 05, 2022 10:02AM ET
Animoca Brands’ Co-Founder Believes Web 3.0 Will Soon See “Hundreds Of Millions Of New Users”
Animoca Brands’ Co-founder and Chairperson Yat Siu recently gave an interview at the Urban Land Institute’s ‘Asia Pacific Summit’. During the interview, Siu expressed his views on Web 3.0, blockchain games, and more.
Siu opened with an exciting statement for metaverse enthusiasts, claiming that the influx of new users into the metaverse was likely to increase even further over the months to come.
“Within the next 18 months or so, we expect hundreds of millions of new entrants into the open metaverse because the quality of open metaverse products, such as new and higher quality blockchain games, will have launched, and will attract a new wave of people joining the space,” Siu said.
Yat Siu Has His Say on the Future of Web 3.0
The Co-Founder of Animoca Brands is an active advocate of metaverse, and has voiced his support for both blockchain games and the metaverse, and further reiterated his stance during the conference. Below are some of the key points he made.
On the Flipside
Why You Should Care
In the ongoing crypto winter, Animoca Brands and its games have held strong and optimistic, as it did in previous bearish situations. The company was an early investor in projects like Axie Infinity, and even acquired Pixowl, the studio behind The Sandbox.
In July 2022, Animoca Brands was valued at $5.9 billion. The company is backed by notable figures such as Jack Ma, the Winklevoss Twins, and more. The company boasts having popular projects like The Sandbox, GAMEE, Crazy Defense Heroes, and many others under its belt.
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Written By: DailyCoin
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