Yat Siu Predicts Web3 and Metaverse Growth by 2025
- Yat Siu envisions rapid growth in Web3 and metaverse by 2025.
- Animoca Brands to play a pivotal role.
- Institutional and legislative shifts expected in Web3 space.
Yat Siu, Chairman of Animoca Brands, shared insights on the community-driven future of Web3 during a recent announcement in Hong Kong.
This perspective highlights a paradigm shift towards decentralized digital ownership, influencing Animoca Brands’ strategic moves and possibly impacting global Web3 investments.
Yat Siu, the Executive Chairman of Animoca Brands, foresees 2025 as a year of significant growth for the open metaverse and Web3. His statement emphasized the rise of community-driven digital ownership, aligning with the strategic direction of Animoca Brands.
“Web2 built products. Web3 builds communities.” – Yat Siu, Chairman, Animoca Brands
Explaining the context, Siu noted, Web3 builds communities. Siu, also appointed to the Hong Kong government’s Task Force, emphasized the crucial role of Hong Kong as a leader in Web3 development, promoting blockchain and virtual assets.
Animoca Brands has partnered with Sony and DigitalX, expanding its influence in the gaming and NFT sectors. This expansion is expected to bolster metaverse ecosystems, with Animoca aiming to achieve over $300 million in annual bookings. The partnership is anticipated to attract increased institutional capital, with entities like BlackRock showing interest. The maturing Web3 infrastructure is expected to draw more participation from asset managers and financial entities, enriching digital platforms.
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The last metaverse boom in 2021 showed potential but faced setbacks during 2022–2023’s “crypto winter”. Recovery in 2024 has positioned Web3 for renewed growth opportunities by 2025, driven by better infrastructure and strengthened regulatory frameworks. Siu highlights emerging trends, indicating that NFTs and Layer 1/2 tokens will see further market engagement. These financial, technological, and regulatory shifts pave the way for a new era in digital asset management and community-driven ecosystems.
