Yat Siu Offers Predictions on Gaming AI and the Open Metaverse

During the Hack Seasons Conference held in Hong Kong on February 20, 2025, Yat Siu, co-founder and chairman of the company, shared valuable insights into how artificial intelligence and Web3 technology are merging and reshaping the concept of digital ownership. Animoca Brands This event, hosted at the Renaissance Hong Kong Harbour View Hotel, brought together industry leaders, developers, and investors, all eager to discuss the future of decentralized tech and its practical implications.

In his keynote address, Yat underscored the inherent relationship between AI and Web3, highlighting that AI agents are intrinsically linked to blockchain frameworks. He noted that these digital entities cannot interact with traditional banks, making cryptocurrencies their primary transactional medium. \"When considering what currency an AI agent would naturally use, it’s clear that it would be cryptocurrency,\" Yat remarked. He explained that these AI entities can create, obtain, and distribute tokens, positioning them to wield significant influence and power in digital economies.

AI and Web3, A Symbiotic Relationship

This integration is already gaining traction, with users providing services to AI systems in exchange for token-based compensation. Yat expressed excitement over this development, pointing to its transformative potential for financial transactions and the gaming industry. He predicted an increase in the demand for AI-driven gaming experiences by year-end, leading to enhanced gameplay and greater player engagement.

Education: A Neglected Opportunity for Innovation

Beyond the realm of gaming, Yat identified education as a highly neglected sector that stands ready for change through the adoption of Web3 technologies. He highlighted that this $5 trillion industry—projected to grow—covers complex financial networks encompassing endowments, grants, and student loans. Animoca Brands, via its Open Campus initiative, is trailblazing efforts to integrate blockchain into learning environments, aiming to make access to educational resources more decentralized and equitable.

Yat likened this evolution to the initial intersection of gaming and blockchain, recalling how early doubts eventually led to gaming becoming a foundational pillar in the Web3 ecosystem. He proposed that education could very well follow this path, becoming a vital area for innovation and investment in the decentralized tech landscape.

Clearing Up Misunderstandings About the Open Metaverse

When addressing common misunderstandings, Yat made it clear that the open metaverse extends far beyond the efforts of any single company, such as Facebook's transition to Meta. He stressed that the success of the open metaverse should not solely rely on token values or the profitability of individual companies. Instead, indicators such as the 6.6 million daily active participants in Web3 gaming metaverses showcase a robust and lasting involvement.

Yat anticipates a revival in the gaming sector, driven by exciting upcoming releases like 'Grand Theft Auto VI' and Nintendo’s next-generation console, the Switch 2. These innovations are expected to reach wider audiences and weave more blockchain elements into traditional gaming experiences.

Yat also extended useful advice to developers looking to venture into the Web3 space but feeling overwhelmed. He compared the current landscape of Web3 to the early days of the internet in the 1990s—a vast expanse brimming with possibilities. He encouraged developers to engage with the Web3 community, acquire tokens, and actively use decentralized applications.

Guidance for Aspiring Web3 Developers

He highlighted the importance of creating driven by passion, urging creators to explore projects they genuinely care about rather than merely copying established ideas. Additionally, he pointed out that Web3 signifies a cultural shift rather than just a technological evolution, emphasizing that authentic engagement is crucial for meaningful innovation.

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