Animoca Brands co-founder and chairman Yat Siu believes mass adoption is closer than one may think, and that blockchain gaming will be the catalyst.
There is a longstanding debate within the crypto community over which blockchain use case will be the first to usher in widespread mass adoption. For some, the answer is Bitcoin’s (BTC) store-of-value nature, while others believe nonfungible tokens (NFTs) are an underappreciated technology waiting to explode.
However, for Animoca Brands co-founder and chairman Yat Siu, the primary catalyst for mass adoption will be gaming — and we are closer to that future than many realize.
“I actually think we’ll see mass adoption in the next 12 to 18 months,” Siu told host Jonathan DeYoung in the latest episode of Decentralize with Cointelegraph, which was recorded in person during the Consensus 2024 conference in Austin, Texas. The Animoca Brands co-founder argued that this timeline is achievable because there are more tools for distributing Web3 applications than ever before.
