# Blockchain News đ
At Korea Blockchain Week, Animoca Brands co-founder Yat Siu said: "Without UGC, the Internet is worthless." When talking about the company's future plans, he admitted that the direction has not yet been determined, but he will continue to invest in the development of the Web3 ecosystem.
Yat Siu also mentioned that cryptocurrencies need institutional support, and institutional-grade tokens will determine the future of the altcoin market. What do you think? Feel free to share your views in the comments section!
