Yat Siu, co-founder of Animoca Brands, believes that 2025 will mark a significant turning point for crypto, akin to the internet’s emergence in the 1990s. He asserts that the current landscape of crypto is evolving, with stablecoins becoming essential for commerce, especially in supply chain finance. As traditional industries adopt crypto solutions, the friction of using wire transfers for transactions will diminish. Siu also anticipates the rise of memecoins and NFTs as cultural symbols, building communities and ecosystems beyond mere financial speculation. He emphasizes the necessity for Web3 gaming to provide engaging gameplay while integrating blockchain benefits, and suggests that reputation will become a form of currency within this ecosystem. Siu argues that Web3 has the potential to reshape capitalism, promoting inclusivity and participation, urging the industry to focus on long-term transformative benefits rather than immediate profits.

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