Yat Siu News

11.05 / 11:21

business Assets Digital Asset reports Financial Animoca Brands reports $3.4B of assets in an interim financial update

Venture capital firm Animoca Brands released an interim financial report laying out its key unaudited financial positions as of April 30, 2023. The company revealed around $3.4 billion in assets, claiming it remains financially strong despite recent reports of its valuation plummeting.

25.03 / 09:29

business Gaming Funding Metaverse stocks Blockchain Game Drop reports valuation Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B

Venture capital firm and Web3 game developer Animoca Brands has refuted claims that it scaled back its Metaverse fund target by $200 million, or 20% to $800 million amid volatility in the crypto market and instability in the banking sector.

25.01 / 04:11

business Blockchain Web3 Mobile Games GameFi Blockchain Game Casual gamers a ‘critical’ audience for blockchain games: GameFi execs

The casual gaming market will remain a crucial audience for blockchain games and nonfungible tokens (NFTs) in gaming, according to three blockchain gaming company co-founders.

02.12 / 17:53

Adoption NFT Developers Metaverse Animoca creates billion-dollar metaverse fund for developers

The GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia on Nov. 30.

19.10 / 22:41

NFT Gaming Anthony Hopkins sells out NFTs in minutes: Nifty Newsletter, Oct 12–18

In this week’s newsletter, read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only at the tip of the iceberg in terms of potential. Check out how an executive at Kraken highlighted that NFTs will be as disruptive as Bitcoin (BTC) and how a museum in Ukraine is preserving the country’s cultural heritage through NFTs. In other news, find out how an industry executive claimed that brands have a lot of responsibility in terms of protecting their NFT investors against fraud. Last but not least, British actor Anthony Hopkins sold out his NFT collection within minutes of its release.

14.10 / 09:37

NFT Gaming Mobile Games Blockchain Game NFT games are ‘only scratching the surface' of what's possible — Animoca's Yat Siu

Animoca Brands co-founder Yat Siu believes nonfungible token (NFT) games are only scratching the surface of what's possible and predicts completely new models of gaming will be developed as a result of digital ownership.

05.10 / 17:57

Blockchain Digital CAT Токены Cool Cats Group Secures Strategic Investment from Animoca Brands, Building on Gaming Partnership

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

28.09 / 23:05

event Asia interview Walmart Walmart dives into the Metaverse: Nifty Newsletter, Sept 21-27

In this week’s newsletter, read about how UNICEF is using nonfungible tokens (NFTs) to help connect schools to the internet and how post offices are able to revive the philately sector through NFTs. Check out how an NFT gaming project lets many aspects of its game be customizable and sold as NFT packs. In other news, Animoca Brands co-founder Yat Siu spoke with Cointelegraph and shared his thoughts about Asia’s perception of NFTs. And, don’t forget this week’s Nifty News featuring Walmart’s entry to the Metaverse.

27.09 / 09:07

Blockchain Gaming Yat Siu: Asia GameFi opportunity huge as gamers don’t hate NFTs

Animoca Brands co-founder Yat Siu thinks that GameFi has the biggest opportunity for growth in Asia, as gamers there don’t hold the same vitriol towards nonfungible tokens (NFTs) as they do in the West.

26.09 / 14:13

Blockchain Digital Crypto Gaming Developer Animoca Brands Raises $110 Million

The company issued convertible notes in a funding round which values it at around $5.6 billion, it said.

22.09 / 16:15

business Facebook Art Gaming AIM Accessibility NOT Metaverse graphics aim for community and accessibility — Not realism

Some may argue that the Metaverse has been around for years, as demonstrated by early gaming platforms, yet virtual ecosystems are now being embraced by almost every industry. A recent report from consulting firm McKinsey & Company believes that the Metaverse has the potential to generate at least $5 billion in value by 2030. McKinsey also found that investments exceeding $120 billion have been put toward Metaverse platforms this year, indicating that major growth is underway.

16.09 / 16:01

business Adoption Gaming Animoca Brands continues shopping spree with MotoGP mobile dev acquisition

One of Web3’s leading digital property rights developers, Animoca Brands, announced yet another major acquisition to its increasing portfolio of gaming subsidiaries.

09.09 / 12:57

Blockchain Digital Platform Strategy Animoca Brands Confirms New $110m Funding Round

Blockchain gaming and investment company Animoca Brands has raised new capital worth $110 million from the issuance of convertible notes.

08.09 / 16:41

business Blockchain Investments Gaming Animoca confirms $110M round led by Temasek, plans new acquisitions

Animoca Brands, a major player in the metaverse and blockchain gaming, has officially disclosed details of a funding round led by Singapore's state-owned investor Temasek.

20.08 / 17:59

Blockchain Ethereum education Gaming Features Web3 games incorporate features to drive female participation

Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive inclusivity. A recent report from the Entertainment Software Association found that 48% of gamers in the United States identify as female. It has also been noted that nearly half of all gamers in the world are women. The interest that women have taken in the billion-dollar gaming sector is notable. This, combined with the massive growth being projected by the GameFi industry, is a key reason why a number of Web3 games are being built specifically for female users.

11.08 / 04:45

Blockchain Adoption NFT Developers Truly decentralized Web3 needs more developers: Animoca co-founder

Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.”

09.08 / 09:31

Blockchain Adoption NFT Metaverse rights KBW 2022: Digital property rights key to thriving Web3 economy — Animoca’s Yat Siu

Yat Siu, co-founder of Hong Kong-based venture firm Animoca Brands has argued that on-chain digital property rights are the main aspects of blockchain technology that will drive a more decentralized society.

08.08 / 12:57

business Blockchain Adoption week Korea Blockchain Week, Aug. 8: First-day takeaways from the Cointelegraph team

The fifth annual Korea Blockchain Week kicked off on Sunday, with more than 7,000 people attending Asia’s largest blockchain event of 2022.

23.07 / 09:57

NFT Gaming Minecraft Minecraft ban ‘hypocritical’ and NFTs are inclusive: Animoca’s Yat Siu

Yat Siu, the co-founder of crypto/NFT venture fund giant Animoca Brands, labeled the recent Minecraft NFT ban as “hypocritical” and emphasized that nonfungible tokens (NFT) can be inclusive, despite arguments to the contrary.

07.07 / 14:45

Blockchain NFT Gaming Funding open Animoca, WeMade, Samsung Next back Web3 studio to develop open-source games

Community-driven gaming firm, Planetarium Labs, has raised $32 million in Series A funding, backed by Animoca Brands, Samsung Next and WeMade. The funds will be used to build a blockchain-based gaming ecosystem in which players can participate in the game network while also allowing members of the community a seat at the table.

16.05 / 08:43

Blockchain NFT Gaming Blockchain Game Square Enix plans to issue tokens and invest heavily in Web3 gaming

Gaming giant Square Enix has revealed in its Q1 earnings report that it will expand nonfungible tokens (NFT) into more game products as part of its medium-term business strategy in 2022.

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