Yat Siu of Animoca Brands Predicts 2025 as a Milestone for Crypto Adoption
Yat Siu asserts that 2025 will see crypto become essential for businesses, just as the internet was in the 1990s. The co-founder of Animoca Brands reflects on significant changes in the crypto landscape and outlines expectations for the future.
In an interview at Animoca's Hong Kong headquarters, Siu noted that the crypto market has positioned itself for an inflection point.
"If you want to do commerce and trade with America, you will need crypto rails."
Translation: Siu emphasizes that achieving commercial transactions will require the integration of cryptocurrency.
The conversation also touched on the rise of stablecoins and their importance in supply chain financing.
Memecoins Making Community
Siu anticipates the broader adoption of memecoins, stating they are evolving into platforms for community engagement rather than mere financial instruments. He predicts that memecoins will form their own ecosystems, similar to NFTs which are developing cultural and symbolic value.
Crypto Gaming Gains Momentum
Despite challenges in Web3 gaming, Siu is optimistic about its potential. He believes gamers will soon enjoy experiences that flawlessly blend Web2 and Web3 elements, further embracing blockchain technology.
"In 2025, we’ll see games where Web2 gamers won’t even distinguish whether it’s a Web3 game or not. They’ll enjoy it for what it is, and the blockchain benefits will be a bonus."
Translation: Siu foresees a seamless integration of traditional gaming with blockchain innovations.
Siu is committed to using his influence to encourage a more inclusive and participatory economic environment that leverages the innovations of the blockchain.
"Let’s remind ourselves that [crypto] is actually helping us build something bigger."
Translation: Siu emphasizes the broader potential of cryptocurrency beyond immediate profits.