ChainCatcher news, Animoca Brands co-founder Yat Siu stated that Hong Kong is a "strong contender" option for the potential listing of the crypto venture capital and blockchain game developer Animoca Brands Corp.Siu, in an interview at a conference in Singapore, mentioned that part of the reason is that the company's headquarters is based in Singapore, where officials are seeking to develop a crypto hub, and activities related to digital assets have expanded.However, he noted on Wednesday that any IPO plans may take "years to really materialize," with the current focus on building the business.Siu told the South China Morning Post last month that Animoca's shares are valued between $1.5 billion and $3 billion in the secondary market. In contrast, the company was valued at $5.9 billion in a funding round in 2022.Siu added that the company is not seeking to raise new funds. (Bloomberg)

ChainCatcher news, Galaxy Digital announced that it has tokenized a Stradivarius violin with a history of over 300 years owned by Animoca Brands co-founder Yat Siu. The statement mentioned that Siu is using the tokenized violin "as collateral for financing to promote Galaxy Digital's global market business."It is reported that this violin was made in 1708 and is valued at approximately $9 million, having once belonged to Catherine the Great of Russia.

ChainCatcher news, Animoca Brands co-founder Yat Siu has initiated the ApeCoin proposal AIP-297, aimed at creating the Sister DAO and an NFT community treasury. The proposal will end voting on September 21, and it currently has over 70% support.It is reported that the Sister DAO will operate outside of the ApeCoin DAO, requiring members to hold 1 APE; the ApeCoin DAO needs to allocate 750,000 APE to the NFT treasury for purchasing IP.

ChainCatcher news, ApeCoin DAO secretary Vulkan posted an organizational chart on Twitter, detailing the salaries of the DAO leadership. The image shows their monthly salaries ranging from $7,000 to $75,000, with one Twitter user describing such salary levels as "crazy" and potentially "burning money."In response, ApeCoin DAO board member and Animoca Brands co-founder Yat Siu tweeted that the compensation paid by ApeCoin DAO was initially designed to correspond with "the responsibilities and obligations of the positions," and at that time, the closest examples found were those of directors in publicly listed companies.Siu stated that due to factors such as risk and responsibility, the salaries of directors vary, with higher compensation in different industries, and pointed out that the cryptocurrency and Web3 industries carry many risks and responsibilities. Siu believes it is somewhat unfair to compare the salaries of ordinary workers with those of positions serving a DAO like ApeCoin, which is valued in the billions. (source link)

ChainCatcher news, Animoca Brands co-founder Yat Siu stated on social media that he has newly purchased four Bored Ape Yacht Club (BAYC) NFTs for 186.2232 ETH (approximately $335,000), namely BAYC #3318, BAYC #390, BAYC #633, and BAYC #3939.On-chain data shows that Yat Siu currently holds a total of six BAYC, one MAYC, one Bored Ape Kennel Club Dog, five Otherside metaverse virtual plots Otherdeed, three Kodas, two CryptoPunks, and five Vessels in the wallet addresses starting with ysiu.eth and "0xB967D". (source link)

ChainCatcher news, the Web3 education protocol platform [Open Campus](https://www.rootdata.com/zh/Projects/detail/Open Campus?k=NzY4Ng==) announced on Twitter that the EDU Foundation will be managed by the EDU Committee, which will guide the community through key decisions supporting the development of the Open Campus protocol. Members of the EDU Committee include Yat Siu, co-founder and CEO of [Animoca Brands](https://www.rootdata.com/zh/Projects/detail/Animoca Brands?k=MzgzOA==), Yogev Shelly, founder of TinyTap, Jay Varkey, board member of GEMS Education Group, Jack Chorowasky, former chairman of the KIPP Foundation, and Yida Gao, founder of [Shima Capital](https://www.rootdata.com/zh/Investors/detail/Shima Capital?k=MTM1).Previously, on April 21, according to an official announcement, Binance announced the upcoming launch of the 31st Launchpad project Open Campus (EDU). (Source link)

ChainCatcher news, according to Decrypt, Animoca Brands co-founder Yat Siu stated that creator royalties provide a continuous source of income for NFT projects beyond their initial sales (typically charging 5% to 10% upon token resale), but currently, many companies are being led astray at the expense of creators in order to capture market share.Siu reportedly described royalties as an essential component of the creator economy, and reducing royalties for creators in the NFT space would erode the existing culture of that space, causing more harm to the digital asset industry than benefits. (source link)

ChainCatcher news, Animoca Brands co-founder Yat Siu shared his views on the metaverse and Meta during an interview with TechCrunch. Yat Siu believes that Meta's plan to invest $10 billion annually in the metaverse is not enough to support its path to success.Yat Siu stated, "Billions of dollars are being transacted in the open Metaverse space (considering more with fungible tokens), and most of the value belongs to the end users. If users have to give half of it to the platform, why would they transact on platforms like Meta, regardless of how good its visuals are? Therefore, Meta will have to spend more money to incentivize users to come to its platform." (source link)

Chain Catcher News, the blockchain gaming company Mythical Games announced the launch of the Mythos Foundation in collaboration with 22 partners including Ubisoft, Krafton, Kakao Games, Com2uS, FaZe Clan, Gen.G, Sandbox Gaming, and Animoca Brands.It is reported that the Mythos Foundation aims to oversee the decentralized community Mythos DAO, which will launch its ERC-20 standard token "MYTH." MYTH holders will be able to vote on ecosystem decisions and submit proposals. In addition to serving as a governance token, MYTH will also be the primary currency for the Mythical Games NFT marketplace and will be used to secure Mythical's blockchain.Furthermore, the initial advisors of the Mythos Foundation will include Animoca Brands Chairman Yat Siu, 100 Thieves Chief Product Officer Pete Hawley, FaZe Clan Chief Corporate Alliance Officer Jaci Hays, former Twitter Chief Operating Officer Adam Bain, and the American electronic pop music duo The Chainsmokers, among others. (source link)