Yat Siu Profile picture
Jul 21 10 tweets 10 min read
1/ @Microsoft @Minecraft has just revealed that it will exclude anyone, without notice & due process, simply if they disagree with them and that they too operate as a digital dictatorship changing their terms of service on a whim washingtonpost.com/video-games/20…
2/ #minecraft has directly caused pain and suffering to an innocent & blameless minority who was purged and cleansed without regard to their circumstances and without advance notice causing at least >$100m in damages coindesk.com/business/2022/… (we have no stake in @nftworlds)
3/ @Minecraft has provided no evidence that operating #NFTs are harmful to their community given that a vast majority of all players are not engaged in any #blockchain version. Previous term did not disallow #NFT or #blockchain implementations of #minecraft have existed before
4/ Instead @minecraft made a hypocritical stance on how #NFTs are exclusionary when they just excluded a community violating their own principle of being inclusive and perpetuating players to the realm of have-nots in an Orwellian display of doublespeak polygon.com/23271975/minec…
5/ #blockchain & #NFTs are not a threat to #minecraft or the #gaming community, it is a threat to closed platforms/monopolies who control every aspect of our digital lives and wish to continue extracting every ounce of value from our time and attention decrypt.co/84043/facebook…
6/ About 20 years ago .@microsoft called #opensource a cancer calling it the worst thing possible for the software and IP industry, many other closed source developers cited safety, reliability and sustainability concerns as well cnet.com/tech/services-…
7/ Just as #opensource beat out #closedsource because it provided for a more equitable distribution of information and knowledge so too will an #openmetaverse like @TheSandboxGame win out against closed ones because of #trueidigitalownership wired.com/2016/08/open-s…
8/ The real #metaverse is open has #truedigitalpropertyrights and is governed by a majority interest i.e. its users that is inclusive of the whole community including those of the minority
9/ I reiterated this just a day ago that most gamers don't realize that all the items they play with and have earned/paid for actually don't belong to them unless you engage in #blockchain @TheSandboxGame @the_phantom_g @OthersideMeta @AxieInfinity etc.
10/ “Freedom and Property Rights are inseparable. You can’t have one without the other.” ~ George Washington

To enjoy true digital freedoms we must have #truedigitalpropertyrights and sovereignty over our data, we must choose open over closed. hellometaverse.fm/episodes/episo…

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More from @ysiu

Apr 26
1/ The Otherside is launching on 4/30 only those who KYCed can mint however @BoredApeYC #bayc #mayc holders will be able to claim their #NFT post-auction without the need for KYC. To mint you will need @apecoin $APE details available on @OthersideMeta
2/ All @apecoin earned from this auction will be locked up for one year which means no voting and other uses (eg. staking) for that period as well
3/ Auction will happen only on otherside.xyz news will only be from @othersidemeta @BoredApeYC @yugalabs @animocabrands as well as on Discord at discord.gg/bayc & discord.gg/the-otherside be vigilant/stay safe
Read 4 tweets
Apr 16
1/ .@apecoin frens we have received a proposal from a credible 3rd party blockchain developer who has given us an assessment on a development time table for AIP-4&5 with caps implemented. The proposal is shared at forum.apecoin.com/t/aip-4-stakin… for a summary see 🧵👇 with a poll #DAO
2/ We decided to explore proposals from reputable 3rd party blockchain firms to assess the time table for a discussion with the @apecoin community given the many concerns. This proposal suggests a time table of 14 weeks for the staking implementation itself
3/ and it also assumes 13 weeks of development for the UI which can be done simultaneously. The proposal was created by a very credible blockchain developer who for the time being wishes to remain anonymous given that AIP-4 (revised) was not (and may not be) approved.
Read 7 tweets
Apr 13
1/ Incredibly excited to announce that the incredibly talented team at @Darewise creators of the #AAA #MMORPG @LifeBeyond and expert builders of online worlds is joining the @animocabrands fam a quick🧵👇 as to the reasons #NFT #blockchaingames venturebeat.com/2022/04/13/ani…
2/ The team behind @Darewise has one of the most storied and experienced AAA development backgrounds having worked on @assassinscreed @fable @TheDivisionGame @Crytek Black & White which will help level-up our collective experiences in #gaming #mmo #nft
3/ Led by @Ben_Charbit @kahncode @Vincemarty the #mmo #openmetaverse they are building @LifeBeyond is both ambitious as it is beautiful built with @UnrealEngine you can learn more about it and join their community over at: playlifebeyond.com #NFTs Image
Read 5 tweets
Mar 24
1/ lots of discussion on @apecoin AIP-4 and 5 proposal snapshot.org/#/apecoin.ethI will aim to address what appears to be the immediate staking question and will aim to articulate these more formally on my medium and given urgency I thought I would share some initial clarification
2/ AIP-5 proposes 4 separate staking pools, each with a specific number of ApeCoin rewards. Though 3 of the pools are designed to only be available to #BAYC, #MAYC, and/or BAKC holders, reminder: only @apecoin tokens are ever technically staked, not the NFTs.
3/ If a BAYC ecosystem NFT holder wants to stake in pool 2, 3, or 4 they will need to pair the NFT with their ApeCoin to access the relevant staking pool. The NFT itself isn’t staked — it acts as the key to the “safety deposit box” holding the staked ApeCoin.
Read 7 tweets
Mar 11
1/ Lots of discussion and some misunderstanding on why KYC is important, especially as it relates to our latest awesome collab . Here is why #KYC is critical to the future of this industry #blockchain #NFTs
2/ KYC is required by law in financial transactions to establish the legitimacy of a customer in order to prevent identity theft, money laundering and other financial crimes.
katipult.com/insights/what-…
3/ Our digital existence co-exists with our physical. Whether we like it or not, there is always a thread connecting the virtual with the real, which means that all of us must abide by the laws and regulations of where we live and/or do business.
Read 7 tweets
Jan 18
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…
Read 8 tweets

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