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Yat Siu Profile picture
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22 Apr, 5 tweets, 5 min read
#NFTs is a store of culture why is that? 👇
#NFT captures the imagination, ideas and creativity that shape a digital collective born through human achievement which has recently been best expressed with #art #nfts time.com/5947720/nft-ar…
Investing in #NFTs makes you a participant in a creative collective and in so doing allows you to help shape and influence that community. It is #social and far more powerful than just value which is why we believe that #NFTs are going to bring mainstream #blockchain adoption
investing in #NFTs is an investment in the culture that the #NFTs of that ecosystem represent eg. art, gaming, fandom, celebs and owners of the #NFT play a major part of developing the culture in +/- ways like with @TheSandboxGame venturebeat.com/2021/04/09/the…
Inspired to share this further thinking after discussing this after a fun panel on @CollisionHQ with @_MinTeo @Mik_Naayem @delitzer @bruhagan @JordanLyall collisionconf.com/schedule/times…

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More from @ysiu

Yat Siu Profile picture
19 Feb
@quidd is the largest digital collectible marketplace with 7 million collectors holdings assets in over 325 world famous brands including #Marvel , #rickAndMorty and #Naruto and today has unlocked real monetary value and #playtoearn to all its users! market.onquidd.com
Quidd was visionary in that @mbram and the team believed that digital collectibles would be the future of collecting 6 years ago and is how it amassed this incredible collection of 325 brands. techcrunch.com/2017/03/09/qui…
.@nbatopshot took the market by storm and proved that digital collectibles has incredible potential once real value is delivered and we are proud to be early supporters and investors @rohamg @Mik_Naayem espn.com.au/nba/insider/st… #NFTs
Read 8 tweets
Yat Siu Profile picture
15 Feb
We are still early in explaining to the world what #NFTs really mean. @SatoshiLite is conflating original creation with copy-paste, in the art world you can also print many copies of an original eg. litographic prints with almost zero cost as well.
Picasso can only create so many originals in his lifetime but his works have been reprinted millions of times. Nobody will argue that a print is worth the same or more than the original art but to preserve value he can set limits to his own production. christies.com/features/Picas…
Feel free to create many millions of copies of your Chikun, it may not be very valuable but very likely your very first one will be more valuable than any other copy thereafter. @MetaKovan who bought the first @F1DeltaTime car is a prime example of this. cointelegraph.com/news/why-i-spe…
Read 6 tweets
Yat Siu Profile picture
17 Jan
We started investing in #NFT's in 2018 with the strong belief that gaming will drive blockchain mass adoption create a new digital economy some of our thinking in tweet style below $REVV $SAND #animoca @animocabrands @TheSandboxGame share/comment if you like this format for more
Quick reminder of the "traditional" gaming industry with 2.6 (some say 2.7) billion gamers in the world today that last year spent over over 150 billion dollars
that is more than film and music combined
Read 11 tweets
Yat Siu Profile picture
1 Oct 20
.@animocabrands has been strong believers in this "Content is the Platform" trend. Interoperability of digital items will allow for the creation of the true Nike or Adidas of the digital world and is the true revolution which is why maintaining open networks is so important!
games today is like the NBA, ESPN, Basketball and Nike all in one. Asset interoperability will create entirely new companies (and economies) and studios will integrate support for these assets because they want those customers own your car @F1DeltaTime use it anywhere.
virtual goods sole existence was to support the value of the game, which in turn meant it only benefitted the game studio. A new class of games are emerging that exist to support the asset itself (NFT) where every player becomes a stakeholder in the asset ecosystem itself.
Read 5 tweets
Yat Siu Profile picture
22 Sep 20
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…
Thanks to the activities of @opensea @rariblecom @WhaleShark_Pro @TheSandboxGame @F1DeltaTime @REVV_Token @LucidsightInc @dapperlabs @coin_artist @AxieInfinity @decentraland @DontBuyMeme @animocabrands and so many more #NFT's are now having their moment cryptonews.com/news/cryptover…
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…
Read 8 tweets

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