Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force

Yat Siu, a co-founder of Animoca Brands, has been elected to the Hong Kong government‘s newly formed Task Force on Promoting Web3 Development.

Animoca Co-Founder Yat Siu Appoint to Hong Kong Web3 Task Force

A team of 15 people from the pertinent market sectors, including important government officials and financial regulators, will be led by Siu, who is also the executive chairperson of Animoca Brands.

I believe that the work of the Task Force will help to shape not only Hong Kong but also globally in the adoption of blockchain technologies, particularly in the areas of regulation, ecosystem building, industry development, and talent development,

Siu

What is the Purpose of the Task Force?

Following the Hong Kong government’s release of a policy statement on virtual asset development, which acknowledged its relevance in the Web3 ecosystem, this task force was created. The task force is meant to help Hong Kong’s Web3 industry grow responsibly and sustainably.

About Animoca

The developer of games like The Sandbox and Revv is Animoca, a company that specializes in digital property rights in gaming and the metaverse. Additionally, it invests in Yield Guild Games, an autonomous decentralized organization, and NFT powerhouse OpenSea.