Who is Yat Siu?
Yat Siu is a prominent open metaverse advocate and an active investor in the world of cryptocurrencies. He is recognized for his passion for technology and his commitment to promoting true digital property rights. Siu is known as a serial technology entrepreneur and is hailed as a global leader at the World Economic Forum due to his social contributions and influence in the field.
Born into a musically inclined family, Yat Siu began his journey at the Vienna University of Music and Arts, but his passion for technology led him to write his own software program, paving the way for an unexpected career. He launched Cybercity, the first in-house email provider in Hong Kong, in 1996, marking the beginning of his entrepreneurial career. Since then, Siu has founded several companies, including Outblaze, Animoca and Animoca Brands.
Yat Siu is widely recognized for his work in the areas of online gaming, non-fungible tokens (NFTs) and technology blockchain. He co-founded Animoca in 2011, a gaming app company focusing on the global NFT gaming market. Siu has overseen over 380 investments in the blockchain space, with over 170 NFT projects contributing to his vision of building an open metaverse. Some of his main investments include projects such as OpenSea, The Sandbox, Yield Guild Games, Dapper Labs and Decentraland. Siu dedicates most of his time to promoting digital property rights through games and NFTs.
In 2022, Yat Siu criticized irresponsible actors in the crypto ecosystem but remained optimistic about the Web3 movement. He expanded Animoca Brands' presence in the Asia-Pacific region by acquiring Australian companies and increasing investment in this area. The company has made investments in several companies, including Neptune Mutual, Balthazar, Metaplex Foundation and others, demonstrating a multi-pronged strategy to unlock value in the blockchain gaming and decentralized finance ecosystem.
In 2023, Yat Siu continues to believe in the potential of ownership of virtual land and other NFTs, planning to transform Animoca Brands into a key figure in the Web3 space that promotes digital property rights and a decentralized ownership structure. With Animoca valued at $5,9 billion as of September 2022, Siu has established the company as a global leader in blockchain and gaming in just over a decade. Your mission is to leverage your company's network and blockchain technology to achieve an open framework that guarantees digital property rights and promotes equality in the metaverse.
