According to BlockBeats, on September 15, Beincrypto reported that Yat Siu, co-founder and executive chairman of Animoca Brands, said in a recent 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, and 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 work hard to study 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 recently popular “Black Myth: Wukong”. He said that he was proud that “Black Myth: Wukong” could become a global hit game. This is an interesting moment. The popularity of “Black Myth: Wukong” is also due to the early Asian game companies and the cultural prosperity dominated by Asia.
