Animoca Brands Founder Yat Siu on the Metaverse's Relevancy in TradFi Crypto Adoption | Blockcast EP 39
Becoming a yearly tradition, Blockhead caught up with Yat Siu once again in Bali at Coinfest 2024. Since our last catch-up with the Animoca Brands founder, the crypto industry has experienced floods of TradFi money flowing into the market, bolstered by the likes of Bitcoin and Ethereum ETFs. But how does this renewed interest from old-school money fair for old-school Web3 projects like the metaverse and blockchain gaming?
Yat Siu shares his insights on how TradFi can complement these facets of Web3 and how Animoca Brands is adjusting to new market demands as well as fulfilling its long-term needs.
Additionally, we learn about why Saudia Arabia deserves the crypto industry's attention and how regional developments are shaping the landscape.
🎙️ Hey there, Blockcast listeners! 🎙️
Before you dive deep into the crypto chaos, here's a little heads-up from your pals at Blockhead. While we love unraveling the blockchain tapestry and sharing our findings, remember, our chats are just that—chats. They're not financial blueprints or crystal balls. So, whether you're a crypto veteran or just dipping your toes, always do your own research and consult with a pro before making any financial moves. After all, in the world of crypto, it's always best to take things with a pinch of satoshi... or salt. Dive in responsibly! 🚀🧂
Yat Siu
Founder, Animoca Brands
Yat Siu moved to Hong Kong in 1996, where he set up Hong Kong Cybercity, the first free web page and email provider in Asia. In 1997 Yat joined AT&T Solutions' System Integration practice, but left in 1998 to set up Outblaze, which developed innovative web-based multilingual white label communication and collaboration services.
Yat Siu's steady leadership and vision steered Outblaze through the Dotcom Bubble and several subsequent crises. Outblaze became a world leader in white label hosted web services, winning numerous awards and accolades. With over 75 million end-users under management, Outblaze secured clients and partners from all over the world and business sectors, including service providers, telecommunications operators, corporations, academia, media and publishing companies.
In April 2009, Outblaze messaging assets were sold to IBM and incorporated in IBM's LotusLive suite of services. IBM also used the Outblaze assets to open its first cloud computing laboratory in Hong Kong. The transaction established beyond doubt that -like banking and finance services- Hong Kong's local information technology can compete on a global scale.
Yat Siu was called World Economic Forum Global Leader of Tomorrow and a Young Global Leader of Tomorrow. He has also been awarded for his contributions in business and society: Standard Chartered Platinum Achievers Award, the URENCO Innovation Award, and, for the execution of his vision at Outblaze, the IT Excellence Product Award, Linux Business Adoption Award 2003 and the Asia Pacif… Read More