Prominent online entrepreneur and the founder of blockchain-focused gaming firm Anomica Brands, Yat Siu, has likened the impact of cryptographic non-fungible tokens (NFTs) to the advancement of property rights in early-modern Europe.
Speaking to Cointelegraph, Yat Siu compared the established gaming industry to feudal kingdoms — where “all the benefits flow to the lords and kings [who] get everything, and the peasants and serfs [...] rent the land essentially.”