According to Odaily, Animoca Brands co-founder and executive chairman Yat Siu recently expressed optimism about the future growth of Web3 users. In a recent interview, Siu highlighted that platforms like Telegram and TON are expected to drive over 100 million users to Web3 within the next 12 to 18 months. This anticipated growth is attributed to the integration of games on these distribution channels.

Siu also noted that the current monthly transaction volume for NFTs stands at approximately $500 million. He mentioned that the NFT market tends to experience seasonal fluctuations, with increased activity typically observed after the summer months as market activities pick up. This seasonal trend is expected to contribute to higher transaction volumes and overall market activity in the coming months.

Furthermore, Animoca Brands has made significant investments across various sectors. The company has over 500 investments, with a strong focus on gaming, education, and distribution. Specifically, Animoca Brands has invested in around 160 gaming projects and completed over 70 investment deals in the education sector. These investments reflect the company's strategic emphasis on expanding its presence and influence in these key areas.