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NFT vs. Memecoin: Animoca Chairman predicts the future and the road to IPO

2024-08-14

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Original title: Animoca founder says NFTs 'fighting for attention' with memecoins but have staying power

Original author: Danny Park

Compiled by: Alvis, Mars Finance

Animoca Brands chairman Yat Siu said NFTs are currently competing with memecoin for attention but have a lasting quality.

Siu said Animoca was still considering returning to public markets, with an IPO “more likely in 2026”.

Yat Siu, chairman of Hong Kong-based Web3 Ventures firm Animoca Brands, said non-fungible tokens are currently “competing with memecoin for attention,” but their “non-fungible” nature will have lasting significance.