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Albert_Baldwin

CEO at ALFA OMEGA GRAFX

NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says. Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process. By Sam Reynolds Yat Siu, founder of Animoca Brands, believes NFTs are underutilized and can be a major component of digital capitalism, transforming industries such as rights management and education. Siu argues that the current lower valuations of NFTs indicate a healthier, more genuine interest in the technology’s utility, which could be crucial in addressing global financial inequality and promoting financial literacy. ...