Jinse Finance reported that Yat Siu, founder and chairman of Animoca Brands, said that the concept of metaverse is not a metaverse with a virtual head-mounted device, but an "open metaverse" driven by Web3 and blockchain. Under this concept, the DAO with 12 billion US dollars but not supervised by anyone, and the banking system DeFi with 110 billion US dollars locked up, all the Lego elements of the Metaverse also represent Web3. Without data, without ChatGPT, without autonomous driving, all industries need data. In this era, data is the new workforce. We are not paid equivalently. In Web3, each user can have real digital ownership, so as to liberate the economic value and share all network benefits. In addition, the concept of NFT allows the ownership of virtual assets to return to the user's hands. Compared with Web2's streaming media platform giant Spotify Only one-third of the fee is paid to creators, and 90% of the value of the NFT market is given back to holders and creators.

Golden Finance reported that Yat Siu, founder and chairman of Animoca Brands, said that the concept of the metaverse is not a metaverse with a virtual head-mounted device, but an "open metaverse" driven by Web3 and blockchain. Under this concept, the DAO, which has 12 billion U.S. dollars but is not supervised by anyone, and the banking system DeFi with 110 billion U.S. dollars in locked positions, all the Lego components of the Metaverse also represent Web3. There is no data, no ChatGPT, no self-driving cars. All industries need data. In this generation, data is the new labor force. We are not paid equivalently. In Web3, each user can have real digital ownership, which can liberate the economic value and share all network benefits. In addition, the concept of NFT allows the ownership of virtual assets to return to the user's hands. Compared with Web2's music streaming platform The giant Spotify only pays one-third of the fee to creators, and 90% of the value of the NFT market is given back to holders and creators.

Ethereum will take the lead in the RWA market Real World Asset Tokenization (RWA) is currently the most important growth area for cryptocurrencies. Every asset in the world will eventually be tokenized. The sector has already started to enter the vertical part of its S-curve. Market cap statistics for tokenized assets may soon be as important, if not more important, than DeFi TVL or stablecoin market cap when assessing the success of a particular chain. You can tokenize any asset on any chain, but only on Ethereum these assets have: 1) Strongest property ownership (from our focus on maximum credible neutrality); 2) The most users and liquidity to trade with. Compared to other L1s, Ethereum's ecosystem, users, integrations, tokens, chains, etc. are 10x to 1000x larger; 3) Best currency Lego blocks available. Compared with other L1s, Ethereum's applications and DeFi protocols are 10 to 100 times more mature, with more numbers, richer types, and better management. Several key indicators: The first is the market value; The second indicator is the proportion of market capitalization used for DeFi. That is, the subset of market capitalization used for DeFi. The third and final metric is the percentage of market capitalization of tokenized assets funded on-chain. There is a world of difference between a company or an on-chain foundation investing $50 million to tokenize assets for themselves, and a client paying you $50 million USDC on-chain to tokenize assets on their behalf. One is inventory and the other is business.

Odaily Planet Daily News Luca Netz, CEO of the NFT project "Fat Penguin" Pudgy Penguins, said that the sales of Pudgy Toys in the first two days after Amazon launched exceeded 500,000 US dollars, and more than 20,000 independent toys have been sold. Yesterday, Netz said in a Twitter Space that the team's theme is "Wish Pudgy Penguins to be successful, but also want to push the field forward", adding that they are focused on bringing millions of users to Web3 in innovative ways field. Alejandro Navia, co-founder and president of NFT content and analytics site nftnow, posted news that the toys have dominated Amazon’s sales charts in the past 48 hours, beating traditional brands such as Disney, Transformers, Pokemon, Barbie and Lego. . The recent Amazon launch fits with the project’s approach of involving the biggest companies and top players in music or sports, attracting millions of users who haven’t yet delved into the NFT space, Netz said. Previously, on May 19, Pudgy Penguins announced on social media that Pudgy Toys, the first community-licensed mass-market product combining NFT and blockchain technology with physical toys, and Pudgy Worlds, an NFT digital platform, have been officially launched. Pudgy Toys, which range in price from $8.99 to $24.99, are scheduled to ship on June 3, and buyers will receive a "birth certificate" to unlock the trait box featured in the first season of Pudgy World. ), and obtain soul-bound tokens and NFTs, it is reported that all casting processes will be carried out on the Polygon blockchain. (Decrypt)