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GameFi will become the onboarding point for Metaverse — Animoca Brands CEO

GameFi will become the onboarding point for Metaverse — Animoca Brands CEO thumbnail

Siu noted that the Metaverse won’t be a single or central entity but a combination of several metaverses.

The $200 billion gaming industry is rapidly becoming a key point of interaction between Web2 and Web3. In recent times, a growing number of gaming companies have integrated digital wallet support and nonfungible token (NFT)-based reward systems and even launched their own metaverses.

The growing prominence of GameFi in the Web3 economy makes the likes of Animoca Brands believe that it will become an onboarding point for the Metaverse. During the Future Blockchain Summit, Animoca Brands co-founder Yat Siu s

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