Yat Siu’s Bold Prediction: AI Agents to Rule as Web3’s Core Users While Animoca Builds Identity and Payments Backbone

Why Are Set to Transform Web3

In the fast-evolving world of blockchain and crypto, a major shift is coming. Yat Siu, co-founder of Animoca Brands, shares a clear vision: will soon become . These smart digital helpers will handle tasks, make payments, and drive the economy. To make this happen, Animoca Brands is building key infrastructure for identity and payments.

Animoca Brands’ Big Plan for 2024

Animoca Brands has a top goal this year. They want to grow Animoca Minds into the world’s biggest platform for AI agents. This platform will push wider use of digital identity. It will also boost AI agent payments and shopping on blockchain tech.

Yat Siu explained this in a recent talk. He sees AI and blockchain teaming up to change industries. This combo will speed up a new economy run by agents.

Building the Agent Ecosystem Infrastructure

Animoca Brands is working on two main paths. First, they build the base for an AI agent-driven world. Second, they grow digital identity.

“Our job is to create infrastructure for the agent world,” Siu said. With Animoca Minds, anyone can make an agent using just an email. This lowers the entry bar. Each agent gets a crypto wallet right away. It can pay and do deals on its own.

The setup scales fast and cheap. It works even if agents hit 100 billion in number.

Moca Network: Identity and Trust for Humans and Agents

Animoca is also making an identity system via Moca Network. This Web3 ecosystem handles reputation for people and agents.

The plan checks human identity first. This proves who owns the agent. Then, it builds the agent’s own credentials, reputation, and trust score.

“Agents need to work alone, so identity and trust checks are a must,” Siu noted. This tech is early but will be key to the agent economy.

Stablecoins: The Fuel for Agent Commerce

In this AI-blockchain world, stablecoins will lead payments. They offer steady value for agent trades.

Animoca got a stablecoin license in Hong Kong. They did this through Anchorpoint, a partnership with Standard Chartered Bank (Hong Kong) and HKT. They are also teaming with real-world assets (RWA) partners to grow payments for people and big users.

Web3 Must Adapt for the AI Age

The whole Web3 space needs change for AI. “It’s early days with lots of build room,” Siu said. Builders should design for how use services. Soon, agents may outnumber human users.

Blockchain fits machines perfectly. It uses cryptography and smart contracts. The past 5-7 years grew the market to trillions. Humans were like a test run for the agent economy.

Picture billions, even 100 billion agents. They buy and decide for humans. Blockchains shine here with quick, low-cost transactions. They become core money rails.

Content and Revenue Get a Makeover

Change hits content too. Info now comes via agents, not site visits. Revenue shifts from ads to API micro-payments. To join in, all services and content must use tokens.

• Old way: Ads on websites
• New way: Token micro-transactions via APIs

This tokenized model opens doors for creators and users.

South Korea’s DeFi Boom Ahead

South Korea has huge potential in DeFi. It leads in centralized exchange (CEX) trading volume. But many see crypto as just speculation.

On-chain activity is low. Worldwide, 700 million use CEX, but only 40-70 million do on-chain (about 10%). South Korea can grow fast.

will help. They trade tokens or add liquidity for users. Agents pick the best path, CEX or DeFi. This could speed on-chain use in Korea.

The Road to an Agent-Powered Future

Yat Siu’s words paint a bright picture. as is no dream. With Animoca’s work on Animoca Minds, Moca Network, and stablecoins, the pieces are falling into place.

This shift means more than tech upgrades. It brings a machine-led economy where blockchain handles trillions in value. Builders, investors, and users should watch closely. The agent era is here, and Web3 is ready to scale.

Stay tuned for more on how AI and blockchain merge to change crypto forever.

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