Animoca Brands co-founder Yat Siu likens the growth of NFT games to the early days of mobile gaming, which started out clunky initially before booming to mainstream popularity.
Animoca Brands co-founder Yat Siu believes nonfungible token games are only scratching the surface of what's possible and predicts completely new models of gaming will be developed as a result of digital ownership.
“Mobile gaming brought a form factor of a type of game that we've never seen before, you know, one-hand play and that kind of stuff, and innovations around how you play with AI [artificial intelligence]. Because of the fact that you have this limited form factor, it became the most popular form factor in gaming,” he said.
He suggested that this was because they are aware of the significance of being able to own a stake in the games, as opposed to the traditional model in which people sink capital into games that they can never retrieve. Asked when NFT technology will get to a point of seamlessness that even a grandmother can use it without being aware of it, Siu emphasized this would likely be through the widespread tokenization of physical things, NFT integration with commonly used services and how people interact with each other.He outlined that as the world continues to become more digitally focused, children will of course want digital things.
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