Mars Finance reports that Yat Siu, CEO of Animoca Brands, revealed that the company's blockchain sandbox game The Sandbox has experienced a decline in popularity. The company plans to collaborate with major game developers to develop the GameFi market, though specific details have not yet been disclosed. Additionally, Siu stated that stablecoins and blockchain infrastructure could further enhance Hong Kong's position as an international financial center, enabling rapid institutional Web3 development, including tokenized assets. However, he noted that Hong Kong's progress in native Web3 is relatively slow, and in the future, a balance needs to be found to promote ecosystem development. (Eastern Net)