Yat Siu Profile picture
Jan 18 8 tweets 11 min read
1/ Proud and humbled to announce @animocabrands raising US$358,888,888 in a round led by @LCVentures with investors kingsway @tyler @cameron @Gemini @georgesoros @sequoia @paraficapital @smilegroup_in and many more #openmetaverse frens for details a 🧵👇coindesk.com/business/2022/…
2/ Our vision is to help build and construct the #openmetaverse based on important concepts such as openness, equity, digital property rights, and a nonzero-sum approach where users become citizens with actual ownership and rights #NFTs #blockchain forbes.com/sites/justinbi…
3/ The threat to building a #metaverse that is owned by a majority interest comes from those that want to build a closed metaverse who already have control of all our data and are monetizing off the data that we gave up for free decrypt.co/84043/facebook…
4/ Case in point @Microsoft just announced their acquisition of @Activision one of the biggest game companies in the world and they too understand that #gaming will lead the way into the #metaverse but we have to make sure it is an #openmetaverse
5/ For more precise thoughts on why the #openmetaverse #NFTs and #digitalpropertyrights is so important read our link below we believe it will usher in an inclusive creative revolution larger than Web 1+2 combined ysiu.medium.com/cars-ownership…
6/ I discuss some of our thoughts also with @deantak @VentureBeat #gamers will ultimately benefit when they understand that #ownership will protect what they love about their favorite games venturebeat.com/2022/01/18/ani…
7/ We discuss our thoughts on our broad investment approach (over 150 frens of #NFTs) and building and why we believe that true #ownership is the paradigm that will protect your digital life and assets techcrunch.com/2022/01/12/a-p…
8/ We are very grateful for all the support we have received from everyone to help keep build the #openmetaverse thank you from @animocabrands @TheSandboxGame @REVV_Racing @GAMEEToken @BondlyFinance @Lympo_io @quidd @TowerToken @Prosperpredict @REVV_Token @the_phantom_g and more!

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More from @ysiu

Jan 5
1/ Congratulations .@cryptoslamio for this milestone @animocabrands is proud to lead the round with an incredible group of fellow investors including @mcuban @okex @BinanceChain @0xPolygon @FortePlatform @reidhoffman @markpinc and friends! For more colour why we invested see🧵👇
2/ More data and insights on our digital property i.e. #NFTs provides for more transparency and a healthier ecosystem in the #metaverse creating a more efficient market for everyone. This is true for almost anything in a free market. propmodo.com/transparency-i…
3/ @cryptoslamio literally slammed into the news starting with its tracking and coverage of @nbatopshot assisting in gaining attention and insights that assisted with the development of market activity with #NFTs especially on @flow_blockchain at the time si.com/nba/2021/03/17…
Read 6 tweets
Dec 18, 2021
1/ This has been the mission of @animocabrands to deliver true digital property rights which #NFTs make possible since 2018. To elaborate on just why property rights are so important to the construction of any society (including the #openmetaverse) a🧵👇
2/ Property rights means you have the ability to truly own your assets and are free to do as you please, a concept that was not truly possible in the digital world before something we discussed on @CNBCi earlier this year #NFTs
3/ Gamers already spend billions of dollars on virtual goods they do not own and the implications for delivery true digital property rights to gamers is one of the main reasons we focused on #gaming with #NFTs so early on ysiu.medium.com/on-delivering-…
Read 13 tweets
Dec 15, 2021
1/ In Q1 of this year we began the $TOWER experiment and its a good time to have a year-end assessment/reflection now with @CrazyDefenseEN enjoying 3x growth & sessions, massive increase in retention and significant growth in installs/revenue powered by #blockchain #nft
2/ It was dubbed the $TOWER experiment because its tower defense and we wanted to blend F2P gaming with #blockchain and ultimately #playtoearn read our original post on the matter medium.com/tower-token/th…
3/ $TOWER could only be earned by playing the game, had no investor raise and was a completely fair launch medium.com/tower-token/to… and was priced at $0.001 it was truly experimental for its time (currently at about $0.06)
Read 7 tweets
Dec 8, 2021
1/ .@animocabrands is proud to announce our financial results for the first 3 quarters of the year with income at approx. $530m and bookings of $140m with around $600m in liquid crypto (we have some fiat too) ysiu.medium.com/founders-lette…
2/ By November thanks to some incredible activity in many of our tokens including $SAND $REVV $TOWER $QUIDD $PROS $LMT $BONDLY $GMEE $DOSE $AXS $FLOW $SUPER $WILD $YGG $SPS $UMAD $WILD $BLOK and many others our crypto reserves stood at almost $16 billion animocabrands.com/animoca-brands…
3/ These results demonstrate the potential of what the #openmetaverse can truly represent considering where this industry was just one year ago and we consider this still just the beginning! forkast.news/atari-yat-siu-…
Read 7 tweets
Oct 30, 2021
1/ Meta formerly known as Facebook today is to the #Metaverse what the Democratic People’s Republic of Korea (North Korea) is to democracy. The real metaverse is open has true digital data ownership and is governed by a majority interest i.e. its users decrypt.co/84043/facebook…
2/ Facebook commands the attention of 2.89 billion users but because they own all our data it is today the complete opposite to what a truly interoperable and open metaverse should be. They are the new Digital Kings (and of our data) and which King willingly gives up his Kingdom?
3/ Interestingly Mark Zuckerberg briefly discusses #NFTs and digital ownership but in very vague terms, the way to ensure Meta embraces #NFT and #blockchain is to educate the world what #digitalpropertyrights truly means theverge.com/22749919/mark-…
Read 11 tweets
Oct 20, 2021
1/ .@animocabrands is excited to announce its new strategic fundraise from @Ubisoft @LCVentures @dragonfly_cap @Com2uS @DTAPCAP @sequoia china @justinsuntron @lucytokenbay and others at a $2.2 billion pre-money valuation! venturebeat.com/2021/10/20/ani…
2/ We had raised $138,888,888 just in the last quarter so this raise was about the strategic benefits that our new group of investors could bring to the #openmetaverse #NFTs which @animocabrands has been actively supporting with now over 100 companies in the fam.
3/ Portfolio companies like @opensea @dapperlabs @AxieInfinity @YieldGuild are leading the way in demonstrating the growth and potential of #NFTs #playtoearn and all the disruptive opportunities they represent ledgerinsights.com/play-to-earn-n…
Read 8 tweets

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