The next era of the internet will not be defined by faster applications or richer interfaces, but by a fundamental shift in who owns the digital world. In ATP’s conversation with Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, and Kenneth Shek, Project Lead at Moca Network, a clear theme emerges: digital property rights, portable identity, and programmable value will form the new economic foundation of the internet.
Some of the topics that Yat and Kenneth covered in detail include:
- How the early web democratized information but failed to democratize ownership, allowing platforms to capture nearly all of the economic upside.
- The internet’s first revolution was the dissemination of information. The next phase will be driven by full digital property rights.
- Yat asserts that blockchain returns ownership to individuals in the same way that property rights created modern capitalism.
- Yat’s belief that open source software created an arbitrage for those who knew how to code.
- The mistake that “digital identity” simply means a digital passport. Digital identity is the totality of your data, behavior, and reputation, and the value others assign to it.
- The assertion that tokenization will create the greatest financial literacy boom in human history.
