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Yat Siu, co-founder and chairman of Animoca Brands, spoke at the Hack Seasons Conference in Hong Kong, outlining his vision for artificial intelligence, Web3 gaming, and the open metaverse. He emphasized that AI and blockchain technology are shaping the future of digital economies, with AI-driven gaming and blockchain-powered education expected to revolutionize decentralized ecosystems.
According to Siu, AI and Web3 are naturally intertwined. AI agents, unlike humans, cannot engage with traditional banking systems, making cryptocurrency the perfect financial medium for them. He predicted that AI-powered gaming would see widespread adoption by year’s end, creating immersive experiences and boosting user engagement.
Additionally, he noted that AI is already active in Web3 economies, where users complete tasks for AI in exchange for token-based rewards. This emerging interaction between AI and blockchain is set to redefine financial transactions and digital ownership.
Beyond gaming, Siu sees education as a prime candidate for blockchain disruption. He described education as a $5 trillion industry with complex financial structures, including student loans and endowments, that could benefit from decentralization. Through Animoca Brands’ Open Campus initiative, the company is developing blockchain solutions aimed at making education more transparent and accessible.
He compared this shift to the early days of blockchain gaming, which initially faced skepticism before achieving widespread adoption. Siu believes education could follow a similar trajectory, with Web3 innovations making a lasting impact on how learning is funded and delivered.
Siu also tackled common misconceptions about the open metaverse, making it clear that it is not controlled by any single company, including Facebook’s rebranded Meta. He stressed that its success should not be judged by token prices but rather by user engagement, highlighting the millions of daily active players in Web3 gaming metaverses.
He pointed to upcoming gaming industry milestones—such as the release of Grand Theft Auto VI and Nintendo’s next-gen Switch console—as potential catalysts for mainstream adoption of blockchain features in gaming.
For those entering the Web3 space, Siu encouraged developers to immerse themselves in the technology by participating in communities, using decentralized applications, and acquiring tokens. He likened Web3’s current stage to the early internet era, describing it as a landscape filled with opportunity.
Rather than replicating existing ideas, he urged developers to focus on projects they are genuinely passionate about. According to Siu, Web3 represents more than a technological shift—it is a cultural transformation, and meaningful contributions will come from those who fully engage with the space.