Animoca Brands co-founder Yat Siu thinks GameFi has the greatest opportunity for growth in Asia. Because gamers here don’t hate NFT like they did in the West.
Siu spoke to Cointelegraph during Asia Crypto Week, who said that Asia generally has a more gaming-friendly and technologically advanced culture, such as NFTs, digital assets and play-to-earn (P2E).
“I think Asia has the potential to be a leader in blockchain gaming. At least in the short term And there are a few reasons that I think it will be. not just because It has the most gamers in this region of the world. But also because gamers in Asia welcome NFT.”
“Game companies in the west It has to deal with consumer resistance that Asian gaming companies do not have to face,” he added.
The Animoca co-founder considers this recognition of the NFT to come from a broader Asian perspective on capitalism. Because people see it as a way out of poverty.
Siu also stressed that blockchain games are opening up unprecedented access to Silicon Valley venture capital. Especially in the context of a country like the Philippines where P2E game guilds are very popular.
He emphasizes that this is due to the vibrant ecosystems that are growing in Asia. Because many gamers use this technology. While many projects are innovating in the area
“Now you have companies like a16z and also Silicon Valley money moving into Vietnam and the Philippines. And I think Asia is pointing to a bright future for Web3 blockchain games,” he said.
The post “GameFi in Asia has the greatest growth opportunity. Because gamers in Asia welcome NFT,” said Animoca co-founder Yat Siu, appeared first on Bitcoin Addict.