In 2023, Yat Siu discussed the significance of digital property rights and the open metaverse during a TED talk. Despite facing numerous challenges, including the collapse of major crypto entities and a prolonged downturn, the open metaverse has shown resilience. By 2025, institutional interest in digital assets has notably increased. The open metaverse is defined as decentralized experiences granting participants property rights via blockchain technology, distinguishing it from traditional metaverse concepts. This economic model has led to new opportunities, particularly through play-and-earn games, which continue to thrive in emerging markets like the Philippines. Additionally, DAO treasuries have seen impressive growth, reaffirming the economic potential of the metaverse. The overall cryptocurrency market has grown significantly, reflecting a vibrant economy despite prior struggles. NFTs are positioned as cultural assets, providing ownership and creator benefits that challenge traditional internet models. Siu argues that the open metaverse is set for substantial growth in 2025, indicating a shift toward digital ownership becoming a reality, especially as AI and blockchain become more integrated.

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