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Yat Siu Profile picture
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20 Sep, 3 tweets, 4 min read
1/3 The true threat for true digital property rights #NFTs #ownyourdata will not come from regulation or government but from big tech companies unwilling to surrender their data hegemony and wrestling for control of their definition of the #Metaverse
2/3 Part of the reason why .@animocabrands has such an aggressive investing strategy (inc. building our own stuff @TheSandboxGame @REVV_Token and others) is to support the growth of an open metaverse to a point that it becomes unassailable and true interoperability is a given
3/3 #NFTs have the potential to transform #digitalassets and #dataownership in the same way that #opensource has transformed our relationship with code #closedsource with new layers added on top of #opendigitalasset to give rise to entirely new experiences that may accrue value

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More from @ysiu

Yat Siu Profile picture
20 Sep
1/ .@punk6529 from the perspective of @animocabrands an investor in @decentraland and owner of @TheSandboxGame we'd like to to offer our perspective of the importance and relevance of Metaverse Land #NFTs
2/ Onboarding can only happen if it is desirable to do so, Greenland is the size of the entire U.S. east coast but has a population the size of a small town. Many reasons why but more, cheap or free land has not onboarded more people into their countries tatlerasia.com/culture/travel…
3/ indeed New York has the attention of 8m people but so does Bogota but its land is significantly less expensive. Why? The per capita influence of New York is higher which is what makes it more desirable and why you want to live there. Metaverse Land functions similarly.
Read 8 tweets
Yat Siu Profile picture
15 May
The level of support, hope and encouragement @animocabrands has been receiving after our Unicorn raise has been amazing, inspiring. We are deeply humbled and grateful of all the support from the #NFT community👇venturebeat.com/2021/05/13/ani…
We intentionally constructed @animocabrands as both builders like @F1DeltaTime @TheSandboxGame and ecosystem investors in the #NFT ecosystem because we firmly believe in the Web 3.0 network effect as mutually beneficial it is why we invested in over 50 #NFT projects (++future)
For digital property rights to truly function it must stay open and composable in much the same way #opensource has been to code. #NFTs represent in an immutable fashion our ideas, imagination, stories and our culture. I discuss some of that here:
Read 7 tweets
Yat Siu Profile picture
22 Apr
#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
Read 5 tweets
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

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