In this Q&A, Yat Siu, co-founder and executive chairman of Animoca Brands, tells us what his company looks for when investing in startups to drive the mass adoption of web3 and contribute to the development of the open metaverse.
Nicholas Kitonyi
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Nicholas is a reporter and editor at NFTgators, sifting through the metaverse to bring you the latest industry stories as they break. He is a futurist, crypto enthusiast and a modern-day investor eager to pounce on the next great product as it sprouts out of the web of innovation. When not, busy scouring the internet to find the next big story, he's probably out and about with family, or beefing up his list of vital contacts in the cryptocurrency space. If you want to pitch him a story regarding all things NFTs, the Metaverse etc, you can get in contact through nicholas [at] nftgators.com
Tim Sweeney Says If Apple Won’t Have Its Way, “It Will Try to Crush the Metaverse”
The Epic Games CEO said the iPhone maker could create obstacles for businesses “if it cannot extract money from [the metaverse].”
Wemade Teams Up With Near Protocol to Lead Korean Web3 Gaming Industry
The two companies have entered into a multi-faceted web3 business collaboration to drive mainstream adoption.
Seven Industry Experts Weigh In on NFT Taxation in the US
Their comments relate to the recent statement by the IRS about treating NFTs as collectibles for tax purposes.
Magic Eden Expands to Bitcoin Blockchain Amid Growing Ordinals Inscriptions
The Solana-based NFT marketplace is adding bitcoin to its multichain support system after expanding to Ethereum and Polygon blockchains last year.
Nexon Teams Up with Polygon to Launch New NFT Game, MapleStory Universe
New content and characters based on MapleStory IP and tracked with DApps will be introduced to the MapleStory Universe.
Seed Club Launches $25M Venture Fund for DAOs
The DAO features members like Multicoin Capital, Dragonfly Capital and Delphi Digital, as well as family offices, traditional VCs and corporations.
A16z Leads CCP Games’ $40M Round to Build New Eve Universe Web3 Game
The fundraising also attracted participation from Makers Fund, Bitkraft, Kingsway Capital, Nexon, and Hashed, among others.
Animoca Brands Leads OP3N’s $28M Round for Web3 Superapp
OP3N is blending features of social media with e-commerce to create what it calls the “Whatsapp and Amazon for web3”.
Immutable and Polygon Labs Form Alliance to Take Web3 Gaming to the Next Level
The two Ethereum scaling blockchains have teamed up to launch the Immutable zkEVM scaling solution.