Why Yat Siu believes 2025 will be the year for real blockchain games
Why Yat Siu Believes 2025 Will Be the Year for Real Blockchain Games
The world of gaming has been rapidly evolving in recent years, with new technologies and innovations being introduced at an unprecedented pace. One of the most exciting developments in the industry is the rise of blockchain games, which are revolutionizing the way we interact with games and their underlying technology. Yat Siu, executive chairman of Animoca Brands, a leading global mobile game developer and publisher, has been at the forefront of this movement, making 540 investments into blockchain games to date. In a recent interview, Siu shared his insights on why he believes 2025 will be the year for real blockchain games.
The Rise of Blockchain Games
Blockchain technology has been gaining traction in various industries, and gaming is no exception. The decentralized nature of blockchain allows for a more secure and transparent way of conducting transactions, which is particularly appealing in the gaming industry where fraud and hacking are common concerns. Blockchain games utilize non-fungible tokens (NFTs) to represent unique digital assets, such as game items, collectibles, and virtual real estate. These NFTs can be bought, sold, and traded on online marketplaces, providing players with a new level of ownership and control over their in-game assets.
Siu’s Investment Strategy
Yat Siu has been actively investing in blockchain games for several years, with 540 investments under his belt. His investment strategy is centered around identifying promising blockchain game developers and projects that have the potential to disrupt the industry. Siu looks for companies that have a clear vision for their project, a strong team, and a well-thought-out business model. He has invested in various blockchain games, including The Sandbox, which allows players to create, sell, and trade digital assets, and The Six Dragons, a decentralized gaming platform that rewards players with NFTs for their participation in the game’s ecosystem.
Why 2025 Will Be the Year for Real Blockchain Games
Siu believes that 2025 will be the year when blockchain games truly take off. He cites several reasons for this prediction. Firstly, the technology behind blockchain games has been steadily improving, with better scalability and faster transaction processing times. This means that players can enjoy a smoother and more seamless gaming experience without the lag associated with earlier blockchain games.
Secondly, the popularity of NFTs has been increasing, with more people becoming aware of their existence and potential value. As a result, there is a growing market for NFTs, which has created new opportunities for game developers to monetize their digital assets. This, in turn, has led to an increase in the number of high-quality blockchain games being developed, which will drive further adoption and innovation in the space.
Thirdly, Siu believes that the current global economic uncertainty will drive more people towards decentralized technologies like blockchain. As people become increasingly disillusioned with traditional financial systems, they may turn to decentralized alternatives as a way to regain control over their finances and digital assets. Blockchain games offer a unique combination of entertainment, ownership, and control that can appeal to this growing segment of the population.
Finally, Siu notes that the gaming industry is inherently adaptable and quick to adopt new technologies. As blockchain technology becomes more mainstream, game developers will be able to integrate it into their games with ease, leading to a rapid increase in the number of blockchain games available. This will create a positive feedback loop where more players will be drawn to blockchain games, which in turn will drive further innovation and investment in the space.
Conclusion
Yat Siu’s investment strategy and prediction for the rise of blockchain games in 2025 are rooted in his belief in the potential of decentralized technologies to disrupt traditional industries. As the gaming industry continues to evolve, blockchain games offer a unique opportunity for players to experience true ownership and control over their digital assets, while also providing game developers with new ways to monetize their creations. With the technology improving, NFTs becoming more popular, and the global economy driving interest in decentralized alternatives, 2025 may indeed be the year when blockchain games come into their own.
