Security alert: the X account of @ysiu has been compromised. We are working to resolve the issue. Please do not engage, and disregard any posts made on that account in the last couple hours. We will post a note on @animocabrands when the problem is resolved.
Respectfully disagree. The defining property of blockchain is digital ownership which makes it possible to own your digital assets, create new forms of digital art and human expression, scale IP formation and protection (NFTs), self-sovereign IDs, governance systems (eg. voting), Supply chain traceability or even @dominic_w reply on on-chain cloud, the initial vision of the world computer etc. the list goes on.
Blockchain allows for digital ownership through which financialization is possible but it is not its core purpose. Its core purpose is the evolution of a sovereign truly decentralized internet in which all of us can own a stake in it. While that has the clear potential for financial value it is not its core purpose because it would imply that the core human purpose is finance. It is not, and if we keep framing it that way, we will continue to struggle on our path to mass-adoption, because people are complex and finance for most of us is a means to an end, not an end in itself.
When you scale tech and innovate there are no misadventures, there are lessons and continued experimentation. Gaming and NFTs are far from dead but there are lessons there that have evolved since, same is true for Meme coins, DAOs and many other experiments that will continue to evolve and grow.
As always things are never one size fits all especially because we're Human. Capitalism is only possible with property rights and blockchains enable digital property rights so there is no doubt that finance is a key powerful reasons but it is so much more than that.
George Washington put it best; Freedom and Property Rights are inseparable. You can’t have one without the other.
To us that’s the core purpose of a decentralized, blockchain-powered internet: to secure our digital property rights and the freedoms that flow from them, with financialization as one critically important expression of that.
Keep BUIDL $SAND now going on the record about what is really going on (hint: founders @borgetsebastien@arthurmadrid are heavily involved in its future) https://t.co/z1sreoSxmL
1. @elonmusk@Support everyone here relies deeply on keeping X as secure as possible & I had my account compromised despite having 2FA security installed what I thought were best practices. Here are my recommendations to prevent this which involves some suggestions for X. https://t.co/j2LRUGm0Lv
‼️🚨 Unfortunately @ysiu social media account has been compromised. There is no official token or NFT launch from Animoca Brands. The token launch on Solana as claimed in a post was made by the hacker. Please DO NOT engage with the account and stay vigilant.
We will provide an update when the account is restored.
1/ I am excited to announce the tokenization of the 1708 Golden Era Stradivarius previously owned by Empress Catherine the Great as an example of the potential of unique RWAs together with @novogratz@galaxyhq preserving history in the process on-chain https://t.co/jGHwifbm6N
This morning, I revisited my conversation with Yat Siu (@ysiu), Founder of @animocabrands.
During our chat on @0xbeaconpodcast, he shared his entrepreneurial journey and some great learnings for life. Here are some of the evergreen lines he said 👇🏼
1/ Happy Birthday online consumer services! On this day 44 years ago CompuServe begins offering dial-up online information service, the precursor to internet and the Metaverse as we understand it today. Check out some of these ads that described our future decades ago.
An incredible honor to have my .@TEDTalks published where I share an idea known by the #web3 community that true digital ownership will bring forward a better and more equitable future for all #metaverse#NFTs#TED#blockchain#ted2023#openmetaverse
https://t.co/8RuoABQJbJ
In this year’s @TEDTalks, Yat Siu (@ysiu), our executive chairman, dives into the metaverse and digital data ownership.
💡“Think of the Open Metaverse as a construction of new economies and societies, with a strong foundation of digital property rights,” he says. https://t.co/WTtLyWa8uK
Animoca Brands chairman @ysiu explains the licensing approach we are taking to protect NFT creator royalties, an important and progressive feature of Web3 that supports creators and benefits the entire community.
1/ .@animocabrands has always been a supporter of #NFT#creator#royalties. Given the discussion on this hot topic we want to share what we are working on to protect royalties in a manner that is #decentralized and respects the #web3 ethos #NFTs
https://t.co/IXRSGIwV4j
1/ Royalties for NFT creators are essential to a decentralized & democratic ecosystem, ensuring fair distribution of value to contributors/creators, which in turn supports value creation across all #NFT commons. Royalties are a critical part of the #web3#ethos
Vote now for #BPOY2021! The nominees for team Animoca Brands include our co-founder Yat Siu (@ysiu), standard-bearer for digital property rights and the #openmetaverse, and Sebastien Borget (@borgetsebastien), co-founder of @TheSandboxGame. #NFTs
https://t.co/naEhBAIhHJ
Yat Siu, managing director and executive chairman of Animoca Brands, sat down with @ForbesCrypto research director @Steven_Ehrlich to discuss how Animoca is driving the NFT industry forward and what to expect in the coming years
https://t.co/4WHWKV4uU2