The founder of Animoca Brands, Yat Siu, discussed the transformative potential of Web3, decentralization, and the metaverse in a recent episode of Let's Talk Cardano. Siu emphasized the importance of decentralization, influenced by his early experiences in different countries, which shaped his views on power dynamics, fairness, and distribution. He believes that capitalism needs a fair set of rules for a truly free market to work. Siu sees decentralization as a mechanism for distributing power and ensuring a level playing field, where participants can interact without fear of exploitation. He drew a parallel between centralized platforms in the music industry and decentralized systems, arguing that decentralization provides the antidote by preventing a single entity from holding too much power. Siu highlighted the importance of strong networks and community relationships in driving adoption and success in decentralized platforms. Web3's ability to link financial value to attention and engagement adds a new layer of meaning to participation, but also introduces risks. Siu expressed high hopes for Web3 gaming in 2025 and advised projects to leverage Telegram and the TON blockchain for faster user acquisition.



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