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CoinDesk Podcast Network

GEN C: The Power of Digital Ownership and The Blueprint for Web3 with Yat Siu

CoinDesk Podcast Network

CoinDesk

News, Daily News, Tech News, Business News

4.7698 Ratings

🗓️ 10 September 2024

⏱️ 53 minutes

🧾️ Download transcript

Summary

Yat Siu of Animoca Brands discusses the evolution of Web3, NFTs and gaming, sharing insights on decentralization, intellectual property and the future of the industry. In this episode, we sit down with Yat Siu, chairman and co-founder of Animoca Brands, a leading company in the Web3 space, as he shares his journey from Atari to becoming a major player in the blockchain world, highlighting Animoca’s investment strategy and vision for the future of NFTs and gaming. We also talk to Yat about the state of Web3, the importance of owning digital network effects and the role of intellectual property rights. Links mentioned from the podcast:  National Novel Writing Month Faces Backlash Over AI Issues A Judge Has Banned Elon Musk's X in Brazil US SEC continues to pursue aggressive and arbitrary regulation of NFTs Yat’s Twitter Watch this episode on video: YouTube CoinDesk Follow us on Twitter:  Sam Ewen, Avery Akkineni, CoinDesk, Vayner3 - "Gen C" features hosts Sam Ewen and Avery Akkineni. Executive produced by by Uyen Truong. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:49.6

I'm imagining us having thousands of portfolio companies basically in the animal ecosystem.

0:54.0

We look at Web 3 as essentially this giant network effect. imagining us having thousands of portfolio companies basically in the animal ecosystem.

0:59.6

We look at Web3 as essentially this giant network effect, which we can now own.

1:03.7

Our philosophy is that we think that Web3 represents this few days

1:27.6

after, but it's really the official start of fall. So no more summertime. What are you into?

1:34.1

It is definitely giving back to school season. I feel like this week after Labor Day through

1:39.1

Christmas, sort of like December 20th is always the busiest time of year, at least on the agency side. We've got a lot of

1:44.7

campaigns launching, just a lot of things happening. So I'm excited. I'm feeling like it was a great

1:48.9

summer and ready to get into it. And also very ready for our incredible guest today, which is one,

1:54.2

I know we've been eagerly anticipating. Absolutely. We'll talk about that in a second. But first, a couple stories I think I just wanted your opinion on Avery. Number one is, you know, we keep seeing these areas where people are being challenged about whether they will allow AI to be involved in creative processes. So there is, I'm sure you know, a national novel writing month. It happens to be right now. And this

2:19.3

contest is under fire right now because they are allowing the use of AI in the process. And they're

2:23.7

actually citing ableism and privilege as reasons in the sense that according to their statement,

...

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