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Animoca’s Yat Siu Warns $900B Ad Industry Faces Collapse as AI Agents Take Over Discovery

Animoca Brands co-founder Yat Siu says agentic artificial intelligence (AI) is the most important shift in the internet since blockchain, and his firm is backing it with a fresh $10…

Continue ReadingAnimoca’s Yat Siu Warns $900B Ad Industry Faces Collapse as AI Agents Take Over Discovery

Web3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

Animoca Brands, a Web3 gaming-focused company, has announced it is now targeting a raise of $1 billion for a fund directed to inject help for already established blockchain projects. The…

Continue ReadingWeb3 Company Animoca Brands Lowers Fundraising Goal to $1 Billion in Q1 2023

Animoca Brands Plans $2 Billion Metaverse Fund to Support Established Projects

Animoca Brands, the parent company of metaverse projects like The Sandbox, has announced it plans to launch a $2 billion metaverse fund. The new fund, which would be focused on…

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NFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu

Yat Siu thinks it's only a matter of time until more advanced models of NFT gaming are created, designed around the ideas of digital ownership, interoperability and economic utility.

Continue ReadingNFT games are ‘only scratching the surface’ of what’s possible — Animoca’s Yat Siu