Yida Gao is a name that is increasingly being associated with groundbreaking investments in cryptocurrency and the digital economy. The young MIT crypto finance professor shares why he thinks web3 gaming companies like Mystic Games are the future of digital economy investments.
As the managing general partner of Shima Capital, a Puerto Rico-based investment firm focused on blockchain and web3 startups, Yida has already made a name for himself in the cryptocurrency industry. He has featured on several high-profile financial watchlists, including Forbes' 30 under 30, and is a respected figure in the field of digital finance.
Yida graduated from MIT, where he now teaches the next generation about the fast-evolving world of cryptocurrency, with degrees in mathematics and computer science. Starting as an investment banker with Morgan Stanley, Yida quickly spotted the potential in the then-emerging crypto finance markets. Setting out on his own, he co-ran venture fund Struck Capital and DDC (Divergence Digital Currency), an early forerunner of the multi-strategy digital fund company model.
More information about Yida’s career in digital finance is available at https://www.yidagao.com
Always working at the forefront of the crypto market, Yida’s current company is now looking to the gaming world for investment opportunities. With billions of video game players worldwide, the potential for cryptocurrency investment in the gaming industry is enormous. According to his company, Shima Capital, this represents an exciting opportunity to tap into this rapidly expanding market and invest in unique propositions that combine gaming and crypto investments.
One of Yida’s latest investments is in Mystic Games, a company that develops blockchain and web3-based games. Its latest offering, Call of the Voyd: Genesis, is a top-down shooter game that offers players the chance to win NFT prizes.
What sets Mystic Games apart is that their new game will enable players to own the prizes they win. Using the latest blockchain-based NFT technology, players will not only be able to own the weapons, characters and abilities they gain but they can also trade these assets to other players. The more experience and game time a player puts in, the more valuable the assets become, thus generating a game with a financial return on time invested in the form of cryptocurrency.
This innovative approach to gaming is what caught Yida’s attention. He believes that it has the potential to transform the gaming industry and the way we think about digital investments. Yida believes that Mystic Games is just the beginning. The future of gaming will be closely tied to the digital economy and investors would be wise to take note.
Find out more about investing opportunities with Shima Capital, including Mystic Games, at https://shima.capital
