Web 3.0 Will Deprive Tech Giants Of Their Ultimate Power, Says Animoca Brands’ CEO

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Web3 is still merely a thought, despite Mark Zuckerberg’s screaming from the rooftops that the metaverse is the future and spending $10 billion on building it.

Nonetheless, Siu and Animoca Brands have been in the Web3 sphere since before the term became a buzzword.

The firm was founded in 2014 and has invested in a number of significant crypto projects. First, it bought a stake in Dapper Labs, the parent company of Cryptokitties, in 2018 and owns The Sandbox, one of the more prominent metaverses where rapper Snoop Dogg “lives.”

Animoca has also backed Axie Infinity, a hot crypto game, and OpenSea, the world’s largest online NFT marketplace.