The World Wide Web was the first big tech revolution. Mobile was the second and we think blockchain is now the third. This is a period where we're going to have a solid 10-year run of tremendous growth and adoption of this new technology. It's going to bring enormous changes to all sectors that the technology touches upon: entertainment, financial services, e-government, and more.
Robby Yung is the CEO of Animoca Brands, the developer of a broad portfolio of blockchain games, traditional games, and other products, many of which are based on popular global brands including Formula 1®, Marvel, WWE, Power Rangers, MotoGP™, and Doraemon. Animoca Brands is also a prolific investor with more than 50 investments in NFT-related blockchain companies, including Sky Mavis (Axie Infinity), Dapper Labs (CryptoKitties and NBA Top Shot), OpenSea, Harmony, Bitski, and Alien Worlds. Yung previously was the co-founder of Redgate Media, acquired by Inno-Tech Holdings Limited.
Yung recently sat down with Oscar Ramos to talk about all things NFT, digital entertainment, and what excites him about the future of blockchain.
Show Notes
02:35 How Animoca made its foray into blockchain games with Dapper Labs and CryptoKitties
04:25 How blockchain revolutionizes gaming with digital ownership
09:02 Incentives for people to spend more money on blockchain games
11:24 A fully decentralized game is a lot like a democracy
12:50 Behind the rise of NFTs: companies at the intersection of gaming and DeFi such as Sky Mavis
15:52 Could blockchain the third tech revolution?
19:11 Robby Yung's investment philosophy
22:15 How virtual experiences will change the traditional business model
24:21 What we need to speed up blockchain adoption
27:27 Why regulations will increase clarity and transparency
32:16 The attraction of collectibles and art
36:05 The metaverse 10 years from now
Many thanks to our guests Robby Yung; host Oscar Ramos; producers Sagar Chaudhary and Lace Nguyen; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com.
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