Yat Siu Profile picture
Sep 22, 2020 8 tweets 9 min read Read on X
We embraced #NFT's in gaming over 2 years ago with our partnership with @dapperlabs @CryptoKitties and today we announced an even closer partnership with @REVV_Token and @flow_blockchain @rohamg @Mik_Naayem #motogp medium.com/dapperlabs/wel…
But beyond all the #NFT hype, art and land ownership there is one narrative that we think is critically important and has long-term revolutionary potential and why we went all-in on projects like @TheSandbox medium.com/@ysiu/the-cont…
Content is the platform means that we can now truly have digital asset interoperability and that creators can participate in digital economies (games) in a far more creative and independent manner see medium.com/@ysiu/the-cont…
it also means that discovery of these digital assets #NFT and other digital content would therefore not have to depend on the classic distribution chokeholds the current digital content industry suffers from today because they can be discovered everywhere and anywhere.
our #game industry is limited because games today are digital dictatorships and the players exist to support the game not the other way round. ARPU = one directional benefit and game studios offer no real value reward to players even though games without players are worth nil.
but our industry is also limited because each studio is basketball, the @NBA @espn and @Nike all in one, imagine what that industry would look like if that were true? Open up these walled garden games and the industry will flourish and grow to new heights.
#NFT growth today is tiny compared to the 100 billion virtual goods industry in games today. Allowing content to freely travel between virtual worlds/games will open up a digital content revolution where the creator comes first - exciting future! atelier.net/news/welcome-t…

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More from @ysiu

Mar 25, 2023
1/ Culture & its development in #web3 #openmetaverse #NFTs is the foundational building blocks of a true digital #metaverse economy powered by #blockchain a 🧵👇following talks at #OuterEdge2023 #ParisBlockchainWeek #nftparis decrypt.co/videos/live-ev… @decryptmedia @animocabrands
2/ Production of arts & cultural goods in the US is already a close to trillion dollar industry employing over 5 million people, direct participation in the industry of culture is already a critical component of any thriving economy today arts.gov/news/press-rel…
3/ However when you consider the impact #arts & #culture have in other industries it becomes clear that culture is the foundation of most of our economic activity from retail, gaming, entertainment and even outdoor recreation.
Read 7 tweets
Dec 18, 2022
1/ Given the current state of AIP-183, .@Apecoin may be entering 2023 without an administrator which will cause unnecessary complications to $APE #DAO operations. I am proposing a solution that could perhaps solve the situation to everyone’s satisfaction under #AIP-1 rules
2/ The community deserves to be better informed, I believe it is absolutely necessary that Apecoin should never be without an administrator at any time because they are critical to keeping operations going for the DAO as described here forum.apecoin.com/t/aip-183-cart…
3/ I propose approving @CartanGroup as outlined in AIP-183 so DAO operations are not paused. Though the proposal is for 1 year, a new proposal for DAO operations & admins can be submitted 3 months after the proposal passes per AIP-1, Guideline 6. forum.apecoin.com/t/aip-1-propos…
Read 11 tweets
Oct 24, 2022
1/ The correct headline should be how Asia the worlds largest market for gaming is taking the lead from the west in #blockchain #NFTs #gaming because Western Gamers won't let their companies enter #blockchaingames a 🧵👇 the #nft hate is predominantly a US/western gamer issue
2/ Studios like @SquareEnix a @sandbox @animocabrands investor and Krafton the creators of @PUBG (and +others) are making major moves into #NFT #blockchain games, asian gamers welcome the innovation as they appreciate the benefits
forbes.com/sites/eunicela…
theverge.com/2022/7/20/2327…
3/ Last year many of the largest game companies like @EA were presenting #blockchain #play&earn and #NFTs as the future of the game industry. The assessment is correct but unlike their asian counterparts are unable to venture into the space - for now
forbes.com/sites/paultass…
Read 9 tweets
Oct 5, 2022
1/ .@animocabrands is excited to announce our partnership with @coolcatsnft one of the earliest, important and cutest #NFT metaverse first collections out there, to celebrate I picked up a few #CoolCats including this rare beauty #CoolCatsNFT #7807 a little🧵👇 Cool Cats #7807 owned by ys...
2/ .@coolcatsnft has been a friend of the @animocabrands ecosystem for a long time from an early partnership with @TheSandboxGame geekmetaverse.com/cool-cats-anno…
3/ and another one with @ARC8App @GAMEEToken @GBotsbyGAMEE @PrizesApp as well as other members of the fam and we know that #CoolCatsNFT will continue to expand the relationship with @animocabrands & friends gamee.medium.com/cool-cats-in-a…
Read 4 tweets
Sep 29, 2022
1/ A thread on how we think of the state of the #NFT market (tldr; its growing and hardly "dead") infact from August to September volume of transactions has grown by over 30% - what's changed? 👇🧵
2/ Transaction volume of #NFT trading as compared to the peak is down in value due to price drops of @ethereum and average price but volume is back to March/April levels and recovering cryptoslam.io/nftglobal
3/ Floor prices of major NFT collections like @BoredApeYC are still hovering around 83 eth the difference is that $eth today is 3x lower in terms of USD value as compared to April opensea.io/collection/bor…
Read 9 tweets
Aug 26, 2022
1/ #blockchaingaming is here to stay .@AxieInfinity has trailblazed #playandearn #nftgames, but it’s also a natural target for anyone against #NFTs and #web3 #blockchain games. This hostility is unwarranted, unfair and often without the benefit of facts and context.
🧵👇
2/ .@AxieInfinity remains one of the most played #NFT games in the world with the following metrics:

771,000 monthly-active on-chain users
370,000 weekly-active on-chain users
2.3 million Axie holders
4 million Ronin wallet downloads $AXS $RON #blockchaingames
3/ The financial strength of @AxieInfinity is starkly evident, with current FDV close to $4B (it listed at $27M). It not only weathered a major hack but also repaid all losses to affected players, a testament to its durability and care for the community. roninblockchain.substack.com/p/the-ronin-br…
Read 13 tweets

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