Yat Siu Profile picture
20 Sep, 8 tweets, 6 min read
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.
4/ Onboarding will happen faster if desirability is greater. Do my friends live there? Is @punk6529 estate nearby, could @MCHammer be my neighbor, will @TheWalkingDead visit my area? Land with no value will not help onboard the next 1b because it is undesirable
5/ When you buy Land irl it is more than just a roof over your head. You want to own a place in #NYC because social, community, culture, buzz, prominence and the idea of what it represents. Metaverse Land is perhaps the best way to explain the purpose of #digitalpropertyrights
6/ we think land and all its related powerful social constructs help cultivate the meme like hollywood does to movies or paris to fashion. Desirability = scarcity = value are related and powerful capitalist ideas cup.columbia.edu/book/hollywood…
7/ .@punk6529 we hope to see you sometime soon with your beautiful tulip in @TheSandboxGame together with @BoredApeYC @TheHashmasks @RTFKTstudios @zed_run @F1DeltaTime @REVV_Racing and all the other amazing collections
8/ and while we're talking about the power of memes and social I'll just leave that one here! decrypt.co/79729/why-ethe…

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More from @ysiu

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
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
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
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
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
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

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