Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Animoca Brands Lianchuang: The craze related to Bitcoin spot ETFs promotes the recovery of the GameFi field

Animoca Brands Lianchuang: The craze related to Bitcoin spot ETFs promotes the recovery of the GameFi field

CointimeCointime2023/11/06 08:15
By:Cointime

Animoca Brands co-founder Yat Siu said that the market's enthusiasm for the expected launch of a Bitcoin spot ETF has not only pushed up the price of Bitcoin, but also reignited people's enthusiasm for blockchain games. Yat Siu said: "Token value is a way to build confidence in users and utility. This is not just about making money, but also about feeling confident about what you own." Yat Siu explained that measuring the growth and confidence of the GameFi sector can be done by closely monitoring on-chain activities. In addition, Yat Siu believes that if a spot Bitcoin ETF product is approved, it will have incredible benefits for the entire industry, increase the legitimacy of the industry, and attract a large amount of new investment from traditional financial institutions.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Post meme-ism: Solana’s quiet pivot to utility

Solana may be in “recomposition” mode, as new protocols put usefulness ahead of mere virality

Blockworks2025/04/02 21:22

US equities, cryptocurrencies fall on Trump’s sweeping global tariffs

President Donald Trump announced a 10% levy on almost all goods and additional tariffs on so-called “worst offending” countries

Blockworks2025/04/02 21:22

Fidelity Introduces Crypto IRA With Bitcoin, Ethereum, Litecoin

Fidelity’s crypto IRA has no fees and gives investors the option to set it up as a Roth IRA, traditional IRA, or rollover IRA.

Cryptotimes2025/04/02 20:22

Circle files for IPO

Grafa2025/04/02 20:20
Circle files for IPO