Hong Kong’s latest tech unicorn Animoca Brands is betting big on video game NFTs



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Animoca Brands, a tech company recently valued at more than US$1 billion, is pioneering the integration of non-fungible tokens, or NFTs, in video games. NFTs are a blockchain-recorded ledger of who created and owns a specific gaming asset, a new technology that Animoca chairman and co-founder Yat Siu thinks can revolutionise the video game industry.

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20 thoughts on “Hong Kong’s latest tech unicorn Animoca Brands is betting big on video game NFTs”

  1. making a game purely using NFTs as a concept of ownership doesnt work well with something new. thats why i like roblox, thats why i like minecraft, theyre both games ive played. theres no emotional value to Sandbox

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  2. Wise in Speaking, Courageous in Acting, Eliminate Shame, and Remain Confident. Love yourself before loving others.

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  3. Isn't the predatory aspect still there? You just add recycability value to your assets. What about the fees for reselling? Also creating a virtual real estate market? Im sorry this sounds insanely malicious, especially if it's targeted at kids.

    Reply

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