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Spot Bitcoin ETF hype reignited zest for blockchain games: Yat Siu

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Animoca Brands founder and CEO Yat Siu says that the market enthusiasm for a spot Bitcoin ETF has translated directly into increased activity and investor confidence in the blockchain gaming sector.

The Animoca Brands founder and CEO says spot Bitcoin ETF enthusiasm has directly correlated to increased confidence and activity in GameFi.) exchange traded fund isn’t just driving up the price of Bitcoin — it's also sparked a resurgence of enthusiasm for blockchain games, says Animoca Brands founder Yat Siu.

“Token values are a way of confidence building in terms of users and utility. It's not for the purpose of just having money, but it's also to feel confident about what you own.” “It's not necessarily just the price of one particular thing. It's the whole economic parcel,” he added. Axie Infinity transaction activity has increased steadily since its yearly low on July 2. Source: DappRadar

 

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