5 Unusual Web3 Projections for 2022
As Elon Musk said, “the best results are the best”. Here are five unusual predictions for Web3, and below we'll go into more detail about how we came up with these insights.
Pokemon Trainer will work full time
A mortgage lender (IRL) uses a JPEG loan.
DAO acquires public companies
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The blue company will make your own
Whether or not the macro market has been crashed by inflation this year and tougher measures, I hope this gives you a reason to enjoy the future of Web3.
Develop knowledge of Web3, Crypto and Blockchain
Before moving on to the topics covered in my predictions, let's take a quick look at the crypto landscape out to 2022.
Over the past few years, we have seen many crypto and blockchain applications gaining knowledge and adoption, including DeFi, NFT, DAO, GameFi, and Metaverse.
As knowledge increases, crypto assets in this space have grown and grown compared to the crypto industry as a whole.
Some should be easier to predict than others. As you can see from the 2020 tweets below, the NFT season is growing.
Other needs are coming sooner than expected, such as Facebook's transition to Meta, which has major competition involving the Metaverse.
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Upgrade Gamefi
In 2013, Mt Gox was the largest Bitcoin exchange in place. Interestingly, Mt Gox started out as an exchange where Magic Gathering people can trade cards. Since then, the crypto industry has come back into the game.
Games have always been like an industry eagerly awaiting blockchain technology. In fact, Vitalik Buterin was inspired to create Ethereum after the unknown experience he had while playing World of Warcraft!
Today, gaming and crypto integration can take many forms, ranging from the use of NFTs as in-game products to creating advantages in gaming and gaming applications with real value.
One success story is adoption in countries like Axie Infinity and the Philippines. Unfortunately, many Filipinos have lost their businesses and operations during the COVID-19 shutdown and have suffered many casualties. As a result, many people are starting to play P2E (games for money) games like Axie Infinity to replace or supplement their income. In general, this new income is greater than the previous income.
Now think of a hit game like Pokemon Go, NFT where all Pokemon have very low resources in real life. Some Pokémon may be different. Imagine there are only 1000 Mewtwos in the world, you take one and get it back in a trade. How much easier than $1 million, I guess. This means that professionals are motivated enough to convert them to full-time work.
Does that seem inaccurate? But let's not forget that the truth is that people are already living well with P2E, and this potential will increase even further next year.
DeFi 2.0 development
The start of the market is starting with many negative platforms to achieve the benefits of adopted and most consumer).
During the first wave of DeFi, some major subtypes emerged including low interest rates, exchanges, automated sellers (AMMs), and real estate such as synthetics, gold, and coins durable. Some describe it as fiat Lego bricks, or bricks that can be combined to swallow and slowly replace all existing finance.
An example of a platform that is starting to incorporate "lego silver" is the Mirror Protocol, where you can buy synthetic devices from companies like Tesla and then share them into liquid commodities with a few stablecoins. pool. You can then earn money from the market value of these perks.
Over the past few years, the DeFi site has been constantly refining, improving and integrating the functionality of "Silver LEGO Bricks". I believe the next big step in this area will be more user-friendly user interfaces for retailers. We are starting to see more apps in the App Store that provide DeFi benefits to users while making the app easier to use and making crypto/blockchain content invisible to users. For example, Coinbase uses Compound in the background to provide users with stablecoins.
Another area where I think there will be new developments is the impact of NFT and DeFi.
NFTs can represent almost any digital device. The only materials you know are art and writing. But let's look at another example of a valuable online product like a domain name. For example, suppose you have a "shop.com" domain name. It is obviously an expensive name because it is easy to remember, lively and has high commercial value. Assuming you have it, its theoretical value is $10 million. In Web2, you can't do anything but wait for someone else to buy it or use it yourself.
With Web3, you can change your domain name to NFT and then get a loan with $10 million in contracted assets. All of this can happen in minutes without permission. Much easier than getting a loan from an offline bank. After weeks of applying, managing and interviewing, you will be eligible to receive your loan rejection.
DAOs must be integrated
People who don't know what DAO is the Electric Institute of Organization. The main role of dao is to go to the center of the center. Usually, you will get the loop upon back when invested in Dao. You can use this dao to use your organization optional right.
A good example that you will hear about is the DAO law. DAO established the US Constitution. They didn't win the tournament, but it's surprising how quickly DAO can raise $47 million.
Compared to the federal government and the federal government ( for example , climate change , the United Nations in the United States or the country in the country for emergency ) .
He decided to use this money you should use this money and use the middle numbers before you arrive at goals.
Dao allows you to make sure that these accounts are only used for this business by using smart contracts and transparent blocks.
"Encryption" has been renamed to "Web3".
Web3 is one of the biggest names we've seen this year. And there's a bit of branding to choose from, from Facebook to Meta and Square to Block.
In encryption, we have temporarily used the term Web3. Web3 introduces "Internet of Values", a new feature has now been added to the web.
But many are unaware that this change had a major impact. The word crypto has negative reputation issues due to its openness and performance leading to poor exchanges, fraudulent and malicious Steam software projects.
Recently a friend called me and said he wanted to study Solidity. In the past, he didn't believe in cryptocurrencies because they were "thinking about the situation". Web3, on the other hand, seems like a better description of what is really going on in the crypto space today, which has evolved from cash to general use.
As cryptocurrencies mature and grow in popularity, we will see more and more businesses adding cryptocurrencies to their vaults. Square, Tesla, Microstrategy and many more added Bitcoin. Some have added Ethereum and last week Deutsche Telekom announced the addition of Polkadot to their wallet.
The global economy has always been inevitably linked and ultimately swallowed up by the internet at a cost. We will soon know that doing an ICO is better than an IPO.
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