Unlocking NFT Potential: Yat Siu's Vision for Digital Capitalism

Unlocking NFT Potential: Yat Siu's Vision for Digital Capitalism



Yat Siu, the founder of Animoca Brands, is of the opinion that non-fungible tokens (NFTs) are not being fully utilized and could play a significant role in the realm of digital capitalism, potentially transforming various sectors such as rights management and education.



According to Siu, the current lower valuations of NFTs suggest a healthier level of interest in the technology's practical applications, which could have a pivotal role in tackling global financial inequality and promoting financial literacy.



He emphasizes the need for legal frameworks, especially in the United States, to evolve in order to fully support this vision.



In a recent interview with CoinDesk, Siu expressed his belief that we have only scratched the surface of the potential utility of NFTs. NFTs grant users ownership of digital or physical assets.


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