Ever thought what will be the future of the Metaverse in 2022? We’ll unwrap this story here with the Yat Siu prediction!
Animoca Brands chairman Yat Siu sees a mass migration to the ‘open metaverse’ while the ‘closed’ ones will fail. What does this mean by this?
Yat Siu is the creator and chairman of blockchain gaming unicorn Animoca Brands. This brand is based in Hong Kong and Siu is a pioneer in the gaming industry. He began his career at Atari Germany in the early 1990s.
Moreover, in Hong Kong, where he is currently living, he established the first free web page and email provider in Asia with his Cybercity/Freenation in 1995. Besides, he is also a CEO and founder of white-label software-as-a-service provider Outblaze.
Yat Siu Predictions
Here is what Yat Siu predicted:
When Facebook announced that they were going to be the metaverse, even though their metaverse is not one that is powered by blockchain or maybe one that is truly open. Also, when you think about the whole graph of adoption, we’re at the early adopter cycle. However, we’re very, very quickly moving up that cycle.
In addition, even in the non-financial circles, you have people talking about the potential of the metaverse. So from that perspective, we are now going to go see millions of users that are in the space of the metaverse way past tens of millions. He added, in 2022, we’ll be in the hundreds of millions of users, essentially, in the open metaverse through blockchain.
Finally, he added that there would be no winner in the metaverse conquest, and digital ownership will determine what an open metaverse will be.
