Animoca Co-founder: The cryptocurrency industry is entering the institutional era

BlockBeats news, September 15, according to Beincrypto, Animoca Brands co-founder and executive chairman Yat Siu said in the latest interview that the key difference in how tokens perform is whether there is institutional support. Projects with institutional support tend to perform more stably. Starting with Bitcoin ETF, the cryptocurrency industry is now entering the institutional era. Institutional support is needed to stand out. The traditional stock market is dominated by institutional investors, while the token market is dominated by retail investors. In the institutional investor market, you need to study hard to understand the content of the project, and you also need to have strong purchasing power and long-term planning.

In addition, Yat Siu also talked about the recent hit "Black Myth: Wukong". He said he was proud that "Black Myth: Wukong" could become a global hit game. This is an interesting moment. "Black Myth: Wukong" is so popular also thanks to the early Asian game companies and the cultural prosperity dominated by Asia.