Rachel Wolfson sat down with Yat Siu, Chairman of Animoca Brands, to discuss the importance of Web3, the definition of the Metaverse and why an open Metaverse is critical for a decentralized future.
Yat Siu is an entrepreneur, public speaker and investor specializing in Web3. In 2011, Siu founded Hong Kong-based Animoca Brands, a venture capital firm specializing in Web3 investments and ensuring digital property rights through non-fungible tokens (NFTs).
Special thanks to Wursta for sponsoring this episode. Wursta is a global technology consultancy on a mission to help businesses save time and money by making wise decisions on critical IT including email, cloud, cybersecurity, Web3, and more. WRST Collabs is Wursta’s innovation lab exploring web3 and curating the WRST NFT Gallery.
Learn more at https://wursta.com/
If you are interested in sponsoring upcoming episodes, please reach out [email protected]
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0:00 – Yat Siu explains why Web3 matters and why its the Web3 of ownership
0:50 – Introduction from Rachel and sponsor thank you
2:00 – Introduction from Yat
2:38 – Yat explains Animoca Brands
4:55 – What is the Metaverse? What is the open Metaverse?
5:30 – Yat explains his personal journey in the Metaverse
8:14 – Yat points out that the Bitcoin community is critical of Ordinals
9:25 – Why we should focus on culture via NFTs to drive a real economy in the Metaverse
10:17 – Why the Metaverse needs NFTs to thrive
13:00 – Why digital property rights in the Metaverse are important
16:17 – Yat explains the difference between our virtual lives and reality
21:00 – Yat comments on regulatory uncertainty and crypto adoption in the United States
23:39 – Yat explains what the open Metaverse is and how this should be defined
26:25 – Yat shares thoughts on interesting Web3 projects like Tiny Tap, a Web3 education platform
30:33 – Why gaming may drive mass adoption to the Web3 sector
32:17 – Final thoughts from Yat
33:26 – Thank you and closing credits
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Producer, Mark Gamo: https://instagram.com/markgamo?igshid=ZjE2NGZiNDQ=
Director, Alex Wilcox: https://instagram.com/alexanderwilcox?igshid=ZjE2NGZiNDQ=
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Rachel's Website: https://www.rachelwolfson.me/
Rachel's Cointelegraph Column: https://cointelegraph.com/authors/rachel-wolfson
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DISCLAIMER This show is for entertainment purposes only and does not provide financial advice. Before making any decisions consult a professional.