Overview
- At Consensus Miami 2026, Animoca Brands shifted its focus from consumer virtual worlds to an AI agent strategy and unveiled a $10 million Animoca Minds program for developers.
- Chairman Yat Siu said the human-focused metaverse is over, predicting 50 to 100 billion software agents will eventually operate on the internet.
- He argued that blockchain is the ideal financial and identity system for machines, with wallets, tokens, and on-chain IDs serving as the rails those agents use.
- Siu cited adoption friction, noting 700–800 million people hold crypto but fewer than 70 million use blockchain apps because wallets and setup remain hard.
- The thesis points to machine-led growth, where agents handle bookings and payments in the background, though it still needs real-world technical and commercial proof.