Animoca Brands co-founder and chairman Yat Siu stated that the firm will carry on converting companies from Web2 to Web3 to speed up the shift to an open decentralized Metaverse.
When questioned on Animoca Brands’ roadmap moving forward, Siu said that the firm is still “super early” in its long term goal of building an open Metaverse, but emphasized the importance of speeding up the process due to the risk of having large centralized firms dominating the virtual sphere:
Adding to his point, Siu sounded the alarm bells on major firms that don't want the decentralized and open Web3 movement to happen, as he argued that many of their business models are built around the monetization of user data.
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