Dapp 2021 Marketing Announcements: NFT, Metaverse, DeFi

2021 could be the biggest year for the industry so far. 2020 can be interpreted as a year of development and preparation, but this year the industry as a whole is seeing excellent performance and positive results, both in macro and critical measures. . The number and volume of wallets associated with dapps are higher than in the past, and the demand for NFTs and games has increased. The three main sectors of the industry - Sports, NFT and DeFi - met with excellent information and emerged at the right time to continue moving forward and collaborating in the future.

The NFT space has seen one of the biggest expansions this year, with a combined market capitalization of over $23 billion. The integration of proprietary references and intellectual property processes has transformed digital art and archives. Components such as CryptoPunks, Bored Ape Yacht Club (BAYC), and Art Blocks have become an integral part of NFT development. Hollywood, football stars, and big names like Coca-Cola, Gucci, Nike, and Adidas appear in this space, offering multiple levels of NFT. The appeal of these brands has had a huge impact on the NFT and blockchain industry. NFTs also appeared in major retail stores such as Christie's and Sotheby's, opening their doors to audiences unknown at the time. The fact that the NFT called the word of the year is significant in itself.

With all of these work situations and hundreds of happy jobs reported every day, the demand for NFT is unprecedented. Marketplaces such as OpenSea, Atomic Market and Solanart have become the most popular dapps. The value of these assets has increased, with the minimum market value of 100 assets currently estimated at $16.7 billion. The work of some of the collections was seen as a valuable asset and led to another expansion, the distribution of NFTs.

Not only NFTs but also blockchain-based games have performed well over the years. The for-profit game run by Axie Infinity has helped the gaming team attract an average of 1.4 million daily users, nearly half of the industry today. More importantly, the impact of the relationship on these models, particularly in emerging markets such as the Philippines and Venezuela, has attracted interest from potential investors (VCs) who have poured 40% of their value into the $1 billion investment category. The money you receive will help your team grow. The development of solutions like Immutable X or Polygon will make games in the category stronger for years to come.

Blockchain-based virtual worlds and all relevant metaverse campaigns are experiencing increased costs, due to the data around the metaverse. The value of real estate in this virtual world has increased by 500% and sold for 2.5 million dollars. The coin that supports it is one of the best cryptocurrencies that shows the potential of this virtual space.

Millions of people have been able to access DeFi since 2020, and the group has evolved and matured. Although Ethereum is still the leader in DeFi, its low market value and low cost issues have led to growing interest in DeFi through other blockchains. An important phenomenon also occurs in DeFi as the built-in DeFi protocol connects their capacity across multiple chains in the so-called multi-chain paradigm. It helps dapps like Aave, Curve, and SushiSwap, and networks like Polygon make an impact.

At the same time, blockchains such as BSC, Solana, Avalanche, and Terra have emerged as an alternative to Ethereum, solving the above issues, making them work as a DeFi power chain. BSC's PancakeSwap took over the Binance-branded network on Ethereum in mid-February and became the most popular dapp to offer its data on the chain. In the second half of 2021, Solana and Avalanche made their mark as user experience (UX) with a beautiful DeFi suite and native wallets and dapps. The story surrounding some of the blockchains called Ethereum killers is over. Each blockchain has its advantages over other blockchains, creating a complete ecosystem.

Without a doubt, the best blockchain team had their best year yet. However, the industry faces significant issues that need to be recognized and addressed. Security issues are one of the biggest issues, with $1.9 billion stolen due to theft, abuse or misconduct. As cryptocurrencies and other blockchain operations continue, governance should be the next big problem to solve. Finally, there are more blockchain users than ever before. Some platforms have had problems with their infrastructure not meeting growing needs. As adoption grows, leading dapps are expected to reach millions of users in the coming months.

Important

By 2021, the blockchain industry will grow across many verticals and the number of modern wallets connected to dapps will increase sevenfold, reaching an all-time high of 2.7 million by the end of 2021.

The NFT market had its best year ever with a size of over $23 billion, and the NFT Top 100 list had a minimum market cap of $16.7 billion.

News of Facebook's rebranding as Meta puts Metaverse at its core, and virtual blockchain world generates over $500 million in trading volume and hits a full-time high of $3.6 billion in market capitalization.

The game monetization revolution led by Axie Infinity has reached new heights, with 49% of the 1.4 million independent market share associated with blockchain gaming, with an NFT transaction volume for a share of 4.5 billion dollars in 2021.

DeFi site welcomes new Ethereum competitors such as Solana, Avalanche, and Terra, with TVL in the industry growing 7x year-over-year to over $200 billion, of which nearly 60% still focus on Ethereum.

The blockchain industry has taken a big leap towards popularity; High-profile VCs, brands and celebrities have joined the region, raising over $27 billion in investments in crypto and blockchain companies.

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Market Outlook

2.7 million special wallet users use the dapp daily.

In 2021, the dapp industry has clearly focused on organic growth. As of this writing, over 2.7 million (UAW) wallets are connected daily to blockchain dapps maintaining over 30 blockchain processes tracked by DappRadar. Compared to 2020, the number of UAWs associated with dapps has increased by 592%. Growth continues.

The first increase came in April, when the number of special wallets for days increased by 67%, from 630,000 to more than one million. The two blockchains are the main drivers for the increase in usage. The Binance Smart Chain (BSC) developed by PancakeSwap has emerged as an alternative to Ethereum's high exchange rates. At the same time, Wax's Alien Worlds also began to adapt to the market. Both of these dapps received early attention. Both are the most used dapps in the industry.

While industry usage continued, the crypto industry suffered a major crash in May, hours after a controversial tweet about an environmental issue. Native cryptocurrencies, including Bitcoin and Ethereum, fell 33%, limiting their use in the market. Liquidation events are happening on all DeFi dapps, the biggest of which is BSC's Venus. However, after nearly two months of continuous development, the gameplay and GameFi have been off to a great start since last July, boosting the gaming industry.

Thanks to dapps like Splinterlands making money from games and GameFi options like CryptoBlades, blockchain games are starting to attract more users than their competitors. In the first seven months of 2021, DeFi was the category with the most UAW logins. However, at the end of July, we see the statement above. Gaming groups began to dominate, accounting for nearly half of the gaming industry.

In the first half of 2021, DeFi accounted for 57% of all business transactions, while NFTs and games together accounted for 32%. In August, gaming category management began to emerge, with 49% of industry players connected to sports. As of this writing, gambling accounts for 51% of business usage and DeFi accounts for 37%.

The market grew 765% year over year and was recognized in the most important categories. Additionally, Bollywood's expansion into new areas, such as the Indian market, and international sports revenue support signs of expansion.

The Philippines is a good example of how Ronin wallets can appeal to consumers in countries where 25% of the population does not have a bank account. All in all, it's a great benefit to use the right perspective and save time on the next big adoption in the coming months.

Intensification of industrial competition

At the time of writing, DappRadar now tracks over 30 blockchains, a significant increase from the 16 blockchain networks tracked during the same period last year. Here is another example of business expansion. Over the past year, Ethereum's control across multiple verticals, especially in the DeFi and NFT realms, has gained tremendous momentum. However, other blockchains are starting to attract users with their products due to their familiarity with fast trading and cost issues.

Layer 1 and 2 solutions and sidechains are the foundation for improving DeFi excitement and game monetization applications. Phase 1 networks including BSC, Solana, Terra, Avalanche, Hive, and Wax have found a way to provide an alternative to Ethereum. Meanwhile, Layer 2 solutions like Polygon, Arbitrum, and Immutable X connect to Ethereum and below security infrastructure while avoiding high exchange rates. Additionally, the Ronin sidechain has overtaken Axie and will be a key player in the new venture that will appeal to a wide audience.

While some blockchain options such as Terra and Arbitrum with DeFi or Hive, Wax, and Immutable with games only focus on one group, most of these networks have completed systems that support entire business ecosystems. At the same time, competition is more open than ever, which should be considered healthy across the industry.

2021: First year of the NFT

2021 will be commemorated when the NFT year is made public. Although NFTs were created in 2014, NFTs are not expected to have a positive impact until 2022. In 2021, NFTs will generate over $23 billion in the packaging industry. Key topics such as companies, celebrity affiliations or increasing in-game revenue are the focus of annual NFT data. The recent craze of metaverses is to process cakes.

In February, Dapper Labs' NBA Top Shot released up to $226 million, or 46% of NFT volume. The next wave of Ethereum NFT product collections will follow, and it should be noted that Flow Storage is an important NFT enabler this year and also an indication of future NFT enhancements. As of this writing, the NBA Top Shot is the fifth most traded player of all time, with over $747 million in trades.

In the first six months of 2021, the NFT source generated $2.5 billion in exchange rates, exceeding the costs incurred for operations. But in the third quarter, everything changed. Over the past few months, we've seen companies with strong communities, teams, and mutual benefits share their governance and NFT revenue of $10.7 billion over the same period. Projects like Art Blocks, CyberKongz, Loot, and Cool Cats have created fantastic business.

The value of NFT stocks will be favorable in 2021. The stock is not the only NFT stock. Some of them have become more marketable commodities than mature metaverses. Considering the collection of the top 100 NFTs from historical data, NFT sales were estimated at $16.7 billion at the time of writing.

Next, we identify the above mentioned topics that led to the mainstreaming of the NFT industry in its current form.

randomly generated objects

In January, a project called Hashmasks was able to create NFTs without knowing what their owners would get. This gives an overview of almost all NFT projects that will be developed in the future. Randomly generated NFTs provide a new form of instruction that positively impacts the entire art and NFT product collection. Based on machine learning algorithms, NFT metadata has been developed and distributed regularly according to predetermined procedures. At the time of publication, users were unsure of what they were buying, and depending on the rarity of each coin, NFT had become the lottery format. All the details of the collection were created, but distributed, and shortly after the sale ended, the metadata appeared temporarily.

Interaction between NFTs and celebrities and names

Celebrities such as SouljaBoy, Steve Aoki and Rob Gronkowski enter the NFT room at the start of the year, paving the way for one of the most important moments in the field to date. After Paris Hilton, Eminem and Stephen Curry joined the room, major news outlets were busy covering NFT news for the next few months. The model was announced at the NFT unveiling at Christie's, while Beeple's 1/1 "Daily: First 5000 Days" sold for $69 million. Over the next few months, works from other NFTs of 1/1 art and CryptoPunks and BAYC collections sold for millions of dollars at Christie's and Sotheby's.

Celebrities and brands have a strong voice in mainstream media. The involvement of these nodes in the NFT space is a strong indicator of the macro-level group. Fashion giants Gucci, D&G and Burberry also appeared on the scene after announcing their similar products. Coca-Cola has partnered with Decentraland to develop specialty products, and PepsiCo has announced the first batch of 1,893 NFT products. VISA announced the public announcement of the purchase of CryptoPunk #7610 on August 23, indicating support for NFT, reinforcing the status quo.

One of the most dangerous of the year was the second week of December, when Nike announced that it had acquired RTFKT studios. Blockchain-based fashion retailers have long been known for their digital designs on Metaverse, collaborations with artists, and specialty products for NFT owners. The purchases are also dragging big companies like Nike into the crypto culture camp.

additional cost

In May, Larva Labs announced another milestone in the NFT space. By adding value, CryptoPunk bars get airdrops of Meebits. This led to a reassessment of the importance of the Larva Labs collection and made the team one of the most important people in the NFT space.

CryptoPunks is also a precultural and historically valuable tool for turning pixelated NFTs into asset chambers. Especially after getting a VISA. In 2021, the average sale price of cryptopunk increased by 4,580%, and now the average sale price is $365,000. Cryptopunk was the second most traded stock of all time, generating over $2.28 billion in trades at the time of writing. The price of the series initially went up to 73 ETH ($321,500) and the Punks sold for up to $10 million.

The NFT project has become a community goal.

BAYC is perhaps the most prominent NFT avatar project besides CryptoPunks. Launched by Yuga Labs on April 30, the collection has had a huge impact on social media platforms. Bored Apes began to be used as an avatar on Twitter, creating a new understanding of the community. Celebrities like Alex Ohanian, Steph Curry and Von Miller will join the project and help make BAYC another event that becomes a treasure trove of value, with energy-efficient equipment and built-in storage completing the path. As of this writing, the starting price for the series is 50 ETH, or $2 million.

Yuga Labs and its BAYC are examples of groups that have established themselves as brands. The owners are happy to be part of the metaverse and to have a positive impact on it. Sometimes that extra cost goes beyond where the owners live and take their products to the streets. Groups such as Yuga Labs, Larva Labs or RTFKT are no longer a group. The recent collaboration between BAYC and Animoca Brands or RTFKT and Nike proves it. This partnership has established itself as a trusted platform that represents the goals of Web 3.0. ~

NFT or so

Ultimately, it's an important crossroads between NFTs and gambling for money. The presence of in-game items and virtual packages is crucial in the NFT data market. With the development of blockchain games and metaverses, the logo of NFT games will become more visible. NFT revenue topped $10.7 billion in the third quarter, with NFT accounting for 22% of total revenue. This is just another example of the massive change brought about by NFTs.

The huge impact of sport to earn money

2021 is not the year of the NFT. Blockchain-based games have grown and now account for nearly half of market usage. Many different blockchain swaps have taken place, which is enough to keep the game running. An industry-wide ecosystem allows you to eliminate the burden of high operating costs without speed. Networks like Wax, Ronin, BSC, Immutable, and Hive have become multitasking and GameFi options.

Blockchain games are nothing new. However, the monetization of the game model will still attract audiences in 2021. A major news story has extended its reach by announcing the impact of community money on new commercial games. Similarly, high performance has attracted interest from VCs investing data in 2021.

L'ascension d'Axie Infinity

No other app has impacted the industry as much as Axie Infinity. Developed by Vietnamese studio Sky Mavis, Axie Infinity is a gambling dapp that allows players to use Axie NFT to participate in battles, breed new Axies, or collect toys for multiple purposes. The game features an in-built token exchange that allows players to earn AXS and SLP tokens.

These revenues have had a major impact on emerging markets such as the Philippines. The positive impact on our community along with the move to the Ronin sidechain has resulted in a huge increase in dapp usage and costs. ~

Axie had around 20,000 active users in March. This is understood as off-string data. This means that your wallet is not connected and you can play games. As of this writing, that number is over 2.5 million. This means that our user base has grown by 12,400% in 9 months.

Additionally, the operation of the dapps chain has grown significantly. In Q4, approximately 105,000 UAW users logged into the game daily. This is an increase of 59% from Q3 and 1,422% from Q2.

Axie NFTs also became the largest producer of traded NFTs with an all-time high of nearly $4 billion. In the third quarter, Asia accounted for 19.5% ($2.08 billion) of the NFT industry's record $10.6 billion over the same period. Axie's injury is shocking.

Tokenomics is the key to a successful game.

Without a doubt, Axie is a huge supporter of the park. However, on other networks, playing for money and GameFi dapp also have major implications. Like Axie, these games have a beautiful business design that promotes negative income.

Splinterlands, the game that benefited the card industry's Hive Network, has become the most popular game based on the channel's operation, reaching 350,000 UAW users every day. The team behind Splinterlands announced the SPS token in late July, and the game has gotten better ever since. SPS, the game's token management, can be obtained in battle.

Since inception of SPS, our player base has grown by 1406% ​​and market volume has increased by 448%, reaching 1.65 million units in the third quarter. Although the development of the game is tied to the token, the team behind the game has gone through a lot of improvements and developments.

Alien Worlds is another blockchain game that uses native characters. GameFi mining and exploration dapp has become one of the most popular blockchain games in 2021. Largely running on the Wax platform, the game has attracted thousands of users by providing Trilium (TLM). GameFi dapp has over 235,000 daily users and its user base has grown by 2,594% since Q1.

This is the main reason why games overtake DeFi as the most used category in the industry. Both projects have an industrial development. The token trade of games is one of the largest in the game economy. The situation as reported by Alien Worlds and Splinterlands. He is still at BSC.

Cas BSC

Starting with solid-state DeFi, BSC will gradually become the cornerstone of GameFi in 2021. BSC became a thriving sport after Alien Worlds and Axie Infinity joined forces as a gaming option in late July .

The Binance-branded network's first high-performance BSC game was CryptoBlades, a battle that allowed users to obtain SKILL, the pinnacle of gaming.

In August, CryptoBlade became the most popular game measured by UAW alone. On August 6, the number of wallets connected to dapp games soared to 406,000, but then began to decline, with game usage dropping 95% in September. This negative drop is close to the immediate 95% drop in the value of SKILL, which tarnishes its reputation.

A similar situation happened with other BSC games. Recently, CryptoMines was forced to shut down after the price of the game's unique symbol, ELEMENT, plummeted 99% in 3 days.

BSC games have lost their credibility, but one game stands out. It's Mobox. Mobox is a game dapp with many DeFi features in its game machine and it includes NFTs as unique games. The latest version of GameFi. Mobox has maintained its user base and is now the 5th most popular gaming platform on the market, attracting an average of 24,000 UAW users per day. It will also be seen that other BSC GameFi applications can support the same base players as Mobox.

Venture Capital Firms Invest $4 Billion in Games and Blockchain Infrastructure

Recently, the “play and win” craze has caught the attention of entrepreneurs. VCs that invested $80 million in 2020 will invest $4 billion in blockchain games in 2021. In 2021, investments in blockchain games and infrastructure will increase by 5,000% compared to last year.

These models start with a significant investment. Following the success of the NBA Top Shot earlier this year, a group of entrepreneurs including Will Smith, Michael Jordan and Stefon Diggs brought in $350 million in post-NBA series investment, including popular NFTs, Dapper Labs and CryptoKitties . CryptoKitties game.

The investment in 2H is higher. French startup Sorare raised $680 million in September, led by SoftBank and soccer stars Gerard Pique, Ferdinand and Antoine Griezmann. In the same month, layer 2 network Immutable X raised $77 million and Dapper Labs invested $250 million.

Other investments made since then include $161 million in Sky Mavis, $65 million in Animoca Brands, $93 million in Sandbox and $750 million in Forte. Forte is a platform designed to support Process 1. Phase 2 solutions for blockchain-based game development.

The information invested in this project is another indication of the agreement. Not only will these groups have a more sustainable financial position, but the individuals behind some of these investments will provide these groups with valuable experience.

2022 will be bigger

After a solid 2021, the future of the sport looks brighter. Large sums of money collected without trust were provided to the team with capital to continue improving and upgrading existing equipment. But perhaps more importantly, the public is realizing the power of NFTs and is starting to make money from games. ~

Additional games will open to existing games by 2022. For example, Lunacia, the virtual land of Axie Infinity, further opens up the game and provides additional benefits to owners in the best possible way of the fastest game dapps . One of the most important virtual worlds, The Sandbox, is currently in alpha and should continue to do so until 2022. Meanwhile, Splinterlands could also join the virtual earth next year. .

In addition to the release of the dapp game, the well-received operations have also completed the upgrade phase. Illuvium is an open-world RPG game slated for release in 2022. It is a AAA game running on Immutable x. Other unchanging games you can see include the trading card Gods Unchained, the Mobile Guardian Guild, and the action-packed MMO Ember Sword.

Schedule games and activities (Ember Sword, Illuvium, Mirandus, Aurora)

Solana is another network that will release high hopes for next year. Star Atlas is an AAA-class open-world exploration MMORPG based on the Unreal Engine 5 developed by Epic Games and is one of the most demanding games. The Game-for-Money app features a comprehensive well-designed token industry-sponsored enterprise and has received a multi-million dollar investment led by Animoca Brands. The full gameplay isn't out yet next year, but minigames and virtual world exploration are expected in 2022.

Other Solana games worth checking out include Aurory, another RPG featuring PVE and PVP combat monsters and mixed tokennomics. Another game that builds on Unreal Engine, Cryowar aims to become a multiplayer PVP arena NFT game. An RPG game with detailed tokennomics themes, Project Seed will be the basis for future DAO games. Finally, another ARPG, Ninja Game, will surprise Diablo adults.

Another network to watch is run by Gala Games. Led by Zynga co-founder Eric Schiermeyer, the startup aims to focus on building an integrated blockchain gaming platform. Members of the Gala community may have nodes that will eventually be integrated. So far, the launch has only just begun with Town Star, an in-world gambling game that rewards players with GALA, an array of traditional characters, and Town, the token game. Gala will also unveil one of the most anticipated games of 2022, fantasy RPG Mirandus. Gala will also feature Spider-Tanks game, Echoes of Empire adventure location, tower defense game and most recently Death Walk game.

Metaverse Assets Reach All-Time Highs

With the advent of NFTs and blockchain games, the future of the metaverse and the virtual world is already bright. After Facebook announced the rebranding, the whole thing was even more positive.

The NFTs and cryptocurrencies involved in the Metaverse project have become increasingly strict and the demand for dapps has increased sharply in recent weeks. For example, in the fourth quarter, NFT packaged for virtual world dapps over $330 million with over 50,000 special merchants. Volume is 155% higher than the quarterly quarter and independent merchants more than doubled.

Without a doubt, virtual terrestrial NFTs are one of the most attractive blockchain-based metaverse features. These NFTs allow owners to develop experiences that encourage creativity and reflection while engaging with distribution. They are also open to making money as these virtual plans can be rented to third parties or simply used as a mortgage lender. ~

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Since the release of the meta, the value of virtual campaigns has increased. The average price of virtual land in The Sandbox, one of the major players in the Metaverse, has increased by almost 500% since last October. The median sale price of virtual land in Sandbox in November was $14,800, compared to an average sale price of $2,500 in October.

A similar situation was observed in another virtual blockchain world. Decentraland, the virtual blockchain world that has been running since 2017, has also increased the value of its campaigns. The price of virtual land on the platform has increased by 116%, with an average November exchange rate of $25,000. Meanwhile, Cryptovoxels Digital Land sold 25% above its October registration price.

Additionally, the second largest increase in terrestrial NFTs in 2021 occurred in November. Fashion Street Estate in Decentraland sold for 618,000 MANA or $2.42 million, and Axie Infinity Genesis Plan for 550 ETH or $2.33 million.

Finally, virtual real estate has increased the value of the entire NFT market. In October, the minimum market capitalization of 100 NFT projects was estimated at $16.8 billion, of which virtual land accounted for only 8%. A month later, the market value of virtual real estate reached $4 billion and now accounts for more than 25% of NFT's minimum market capitalization.

Interrupted Growth of Metaverse Tokens

Like virtual real estate, the cryptocurrencies involved in the metaverse campaign, including many dapps, have seen significant gains over the past few weeks. Although there have been recent signs of a downturn in the cryptocurrency market, Metaverse tokens, including those that support blockchain gaming, still outperform most of their peers.

As a native symbol of the Gala Games ecosystem, GALA has been one of the most successful tools in the blockchain industry and all other global markets. GALA is valued at 31,500% this year, more easily than any other asset. Axie Infinity's control token, AXS, also performed well. In 2021, AXS will still be worth over 20,800% despite the recent economic downturn.

Assets supporting the virtual world are also the most rewarding. Sandbox managed token, SAND, hit an all-time high of $8.40, up 14,000% year-to-date. Somnium Space's racing token, CUBE, was up 4,700% over the same period, while Decentraland's racing and management token, MANA, was up 4,600%.

The metaverse will become a reality where we communicate, exchange, play and work. This space will change the way we live today because it can create new businesses to meet the needs and preferences of virtual communities. Although the metaverse seems complete, there is still room for growth. The recently announced WorldWide Webb paved the way for interaction in the virtual world. In this facility, virtual NFTs from other apps can access game features. Overall, the game's metaverse and monetization structure will continue to lead the growth of our industry.

$189 billion in treasuries closed in each DeFi deal

The beautiful development of NFT and collective games is generally underestimated, but the performance of DeFi in 2021 is also excellent. After 2020, DeFi will be the largest group, showing growth. At the time of writing, the TVL market was worth $189 billion, up 767% from the previous year.

Two major themes were found on the DeFi site in 2021. First, impacted by the Ethereum infrastructure, several DeFi dapps such as Aave, Sushiswap and Curve have extended their services to multiple networks simultaneously in the so-called multi-chain paradigm. This model paved the way for other blockchains to upgrade in this area. Ethereum's TVL grew by 455% in the last year and now stands at $115.2 billion. Although the Ethereum network still owns the DeFi site (~61% of TVL), the impact blockchain has also grown into an Ethereum constraint market.

BSC has quickly grown as a DeFi alternative, attracting millions of users, largely due to the user-friendly panakeswap interface. PancakeSwap, the most popular dapp-based medium, played a key role in launching BSC as TVL's second blockchain ($21.9 billion at the time of writing). While BSC DeFi dapps like Venus suffered major setbacks after the cryptocurrency market crashed in May, BSC recovered some of the usage and price drop after the catastrophic event. Dapps like Alpaca Financial's lending process and various Dapps that follow PancakeSwap's secret to success have helped BSC establish a strong presence behind Ethereum.

After losing the hat of the biggest crowd, the DeFi site is slowly making a comeback in a quarter. High usage between Solana and Avalanche increases overall DeFi usage. In Q3, DeFi dapps were used daily by over 655,000 wallets, representing 39% of the market. Its use increased by 47% in the fourth quarter, and sports still represent 44% of the market today.

Obviously, Solana is one of the most improved blockchains on TVL. With the launch of DeFi dapps such as AMM Raydium, DEX Serum, Sunny, Saber, Orca and Solend in 2021, Solana has become one of the multi-platform DeFi in place. Combined with a practical and economical wallet, Solana exceeds expectations. Solana's TVL reached $10 billion in October, making it a strong contender for second place in the BSC. As of this writing, Solana is the 4th largest TVL-linked blockchain with a net worth of $11.3 billion.

After holding about $200 million on TVL for six months, the Avalanche network's figure hit $10.9 billion. The main reason is the announcement of $180 million in funding for mining operations that include popular DeFi dapps such as Curve and Kyber and Avalanche's Merchant Joe. Avalanche's TVL surpassed $2 billion in August and has been growing ever since. Avalanche takes on Terra and Solana for the third time in DeFi after BSC.

The existence of solutions on the DeFi site has become evident. Polygon, Ronin, Arbitrum and other blockchain alternatives now offer nice DeFi options that allow users to share their assets with Ethereum without high exchange rates. These models also show that Ethereum will eventually become a network of whales based on higher fuel costs than some startups.

The Ronin recordings are worth looking at. Going forward, Ronin should not be considered one of the connections managed by Axie Infinity. With the announcement of the Katana DEX, Ronin has become one of the happiest partners in the industry. In particular, consider the capabilities of the Ronin Mobile Wallet. Katana has over $1.25 billion TVL and could try out Polygon next year.

Even in the shadow of NFTs and gaming in 2021, the DeFi site has vastly improved with a more mature, competitive, and comprehensive ecosystem. However, improvements are possible, particularly in terms of security.

business competition

Despite blockchain's performance in key areas, the dapps industry today faces many issues that need to be addressed.

security

Due to its cryptographic process and decentralized infrastructure, blockchain is one of the most secure applications ever created. However, malfunctions in smart contracts, bad guys or poor performance can only be both bad and bad.

According to Rekt's database, 161 attacks lost more than $1.9 billion in 2021. In the long run, a total of $575 million was stolen over the past five years. Its value attracts evil and must be mitigated.

These incidents include smart contract lines, flash loan hacks, exit scams, and more. The most famous will happen in August, when hackers using the Ethereum DeFi dapp called Poly Network stole $600 million in the biggest cryptocurrency heist in history. The money was collected by the protesters in a strange way, but the message was clear. Cybersecurity practices must be included in the industry, especially in DeFi sites, where the risk of vulnerabilities is greater and most of the costs are concentrated.

When these hacks and vulnerabilities spread to the media, blockchain users lost assets, so it's important to know best practices. Securing your coins with a wallet, doing your own research before investing, not bias clicking, or sharing your private key with others are all examples of good security that are easy to follow.

the leader

Many security challenges are on the rise, including crime and fraud, creating an urgent need to strengthen governance. This not only protects blockchain users, but also increases market confidence.

Management issues that could have been addressed initially have become a global priority. This applies to the United States Securities and Exchange Commission, the European Union European Commission and other local authorities in Asian and American markets. ~

In 2021, the SEC did not address the need to regulate the economy. US authorities have been cautious and strict about cryptocurrencies and have always refused to create ETFs based on cryptocurrencies. Restricted areas for US citizens should be considered as they are denied the right to participate in daily activities such as airdrops or even the ability to gamble for money. The next wave of digital spending is expected to improve outside of the US.

In accordance with international cryptocurrency rules, source: World Economic Forum

In Europe, the trade rules are unique. Probably driven by the potential of the digital euro. The European Central Bank (ECB) and the European Commission participated in the discussions on this subject. Additionally, together with the European Commission, the European Blockchain Partnership is expected to establish a pan-European regulatory sandbox sometime in 2022. Clearly, the Eurozone is far ahead of the US market.

In Asia, on the other hand, the situation is more serious. China has banned Bitcoin mining several times, and 2021 is no exception. Any crypto interference would be considered illegal in China, paving the way for the digital yuan. In India, this option is also restricted. However, Indian police and lawmakers have reportedly managed the assets.

On the other hand, Southeast Asia has made some progress in regulating cryptocurrencies. Singapore is a country that accepts cryptocurrencies and has a base. Financial institutions in Singapore have revised the Payment Schedule Policy (PSA) to reduce the financial risks associated with these assets. Another country with strong business relationships, the Philippines, has used the guidelines for digital asset management.

Despite the geographical location, management is particularly important for DeFi, which affects some of the traditional financial systems. DeFi is also where most trading costs are closed. Regulators are particularly interested in fixed coins, assets pegged to the US dollar or other fixed assets. Its use in DeFi is wide. Management's concern is whether revenue from fixed assets such as Tether, USD Circle, Pax, etc. are sufficient to guarantee the increase of this value. Digital operations are possible and the consequences of such a situation will impact the growth of the industry.

Overall, the rules will certainly benefit the company in the long run. The departure will not be smooth. There is a big difference between current environmental management and the ecosystem because some dapps, organizations and tokens do not always follow best practices. However, it is important to begin to establish a solid environmental management framework. This situation will lead to greater trust in the business as businesses and end users will be more confident when using dapps that follow business procedures.

awareness

When it comes to smart devices, blockchain technology has many applications. This includes tracking the origin of products, identifying individuals, registering and maintaining licenses. At the same time, intellectual property causes a lot of stress on the industry itself.

One of the characteristics of Web 3.0 is usability. Some decentralized application code is available for communities. This way the people around the project can continue to develop better products. At the same time, it is not easy for some companies to raise millions of dollars by copying existing dapps. In blockchain, not only is there a fine line between "copycat" and fork, but there is also a difference between a fork that helps communities and a "copycat" that simply changes its logo and promotes its products. . .

The famous case happened where Sushiswap forged the Uniswap V1 contract and caused a vampire attack, causing millions of dollars in lost money. Until now, Uniswap V3 contracts allowed anti-piracy. A similar thing happened to Aave. In a recent board vote, Aave token holders decided to approve the upcoming loan deal on Aave V3.

Aave V3 insurance management license, Source: Twitter

Although the “license” itself opposes the openness of blockchain and DeFi, it hinders some developers’ efforts in taking action. And these false plans, in general, do not know the function of the stolen goods. Ideally, in the next few months, we will reach a consensus that people who want to improve their products will be accepted to participate more.

users keep it

The market is constantly changing and there are more users than ever. However, key tasks should be addressed on an ongoing basis and make their user base a priority.

NBA Top Shot exploded in popularity in February. Unfortunately, there are some issues with the project platform due to weak users due to high demand. Over the next few months, the user base of the Dapper Labs suite dwindled slightly due to the above issues.

In the meantime, there is the case of Sky Mavis. Due to the popularity of Axie Infinity, players found it difficult to log into the site due to heavy traffic during the time of year. The Sky Mavis team responded quickly and worked on the news on Twitter and Discord. The game not only retains its user base but also gets over 2.5 million DAUs. Sky Mavis is a great example of a dapp that constantly improves the game and has a decent hold value.

erroneous opinion

People unfamiliar with the technological capabilities of blockchain can easily be misled by the technology. Most of the key themes change the environmental concept that blockchain and its applications, such as NFTs and games, pose a threat to the environment.

In fact, the proof-of-work (PoW) protocol used in the first iteration of a blockchain such as Bitcoin or Ethereum is energy efficient. The annual consumption of Bitcoin is equivalent to the annual consumption of countries like Chile and Switzerland. However, these processes are less commonly used due to poor performance such as high speed and lack of scalability.

Currently, almost all dapps rely on other consensus such as proof-of-stake (PoS) and proof-of-administration (PoA), as well as other efficient power consumption procedures. Thus, it would not be reasonable for NFTs, games and other blockchain applications to affect the environment.

It is important to present such simple information to as many people as possible. This will reduce the number of misconceptions that create negative perceptions across the industry.

Summary and outlook for 2021

2021 proved the potential of the blockchain industry. Its rapid growth cannot be compared to the traditional industry. When it comes to impacting blockchain dapps like Axie Infinity in the Philippines, the experience is similar to Hollywood script.

With engaging avatars and theatrical NFTs, recreational activities are finally making the most of the power of this technology. The $22 billion packaging industry represents greater consumer demand for NFTs, but of course, that's just the tip of the iceberg. The potential of these assets is enormous and their impact far exceeds that of tokens in the industry.

Like NFTs, people are starting to realize the benefits of blockchain gaming. The story revolves around the beginnings of the game to get and the metaverse, allowing people to manage their resources and adapt existing models to new ones in new decentralized digital communities. You can use your time and effort to earn money. . The existing combination of blockchain-based games and NFT allows players to now own and manage playable assets. Even better, you can earn lots of cryptocurrencies through this game. In this way, it is not impossible that projects around colon will grow rapidly in the future.

Much of the focus is on NFTs and games, but DeFi continues. The blockchain related to this has increased in availability, raising TVL to an all-time high. Among them, Terra, Solana and Avalanche have all done well and can be considered strong competitors to BSC and Ethereum. At the same time, the demand for large-scale solutions will increase in the future.

As one of the most prominent blockchains, Ethereum will undergo significant changes as it transitions into proof-of-stake. Process 2 solves the main DeFi and "play and win" dapp games, obtaining Ethereum security in the dapp encounter. Even in 2022, this blockchain still deserves our attention.

Finally, when security, administration, intelligence and other related issues are not addressed, they may not want to play a significant role in 2022. According to the adoption As children grow, companies should be prepared to learn more about these models.

values

The following information is based on the opinions of some of our partners, top dapps and journalists, and industry predictions for 2022. Note: This view does not represent the location of DappRadar.

Jeffrey Zirlin: Co-Founder and Chief Development Officer, Natural Mavis / Axie Infinity

From Axie's perspective, 2021 is a wonderful year. Over the past year, Axie Infinity has grown from a concept game to a fast-growing game, working on projects with an incredible community of nearly 3 million DAUs. The development of these players has led to an overuse of the Ronin blockchain with the advent of the exchange program (Katana). Today, the Ronin packaging industry has grown four times the current market share of the Ethereum blockchain, and this growth should prepare us all for major adoption in 2022. We plan to expand teams to improve our ability to perform parallel tasks. This gives us long-term benefits when juggling game distributions, improving infrastructure, and third-party support.

Exponential growth also comes with fair competition. The goal this year is to focus on renovations with Ronin. A major theme for 2022 will be gameplay tweaks and more release details.

At Axie Infinity, we're always looking for ways to improve our game and provide a better experience for our community. Battles V2 (Axie Infinity: History) is a massive battle with Axie level entry, lower entry blockade and makes Axie more fun, faster and easier for friends and family. This new system will allow more users to fall in love with the game before it enters the system. ~

From this perspective, we believe that all in-game wallets and products will be market agnostic, and we will continue to do so at the level of DEXs, proprietary sidechains, and Ronin mobile bags. In the future, Mavis Hub, the PC and Mac game streaming platform, will connect to the proprietary Ronin blockchain, driving developers to create and publish blockchain-enabled games. We see Axie as a world-class game developed by our technology. One of our visions is to support UGC to help communities build better experiences on Axie through our SDK.

Finally, the community base is so strong that we are starting to introduce them to a variety of DeFi services. Following the success of Katana, the No. 2 decentralized exchange, it will begin to offer new financial products to strengthen its users. For example, we plan to provide the player card using the player directly in the wallet.

I appreciate the social tools that dapps can engage users in research to drive data growth and keep players engaged.

ApeSwap Group

2021 is a year of unprecedented growth and use of cryptocurrencies and web3 technology. There's a lot of hype to tease, but the product behind has forced the world to embrace real cryptocurrencies. By providing organizations with Bitcoin on the balance sheet, NFTs entering the base, dozens of new EVM-beyond chains, and the expansion of DAOs, 2021 is a clear step in the right direction. 2021 will be a year of commemoration for ApeSwap. We are very lucky to seize this opportunity early on and build a community that truly believes in us. Caring for the community has always been our top priority and it's the main reason we don't give up.

With all the ups and downs, we've come a long way. We believe that we represent all users after ApeSwap when we say that the biggest and most important victory we have ever encountered is the global community that has grown since its inception. . We believe the concept of cryptocurrency in 2022 will revolve around our S's: sustainability, disruption and sovereignty.

Sustainability and impact go hand in hand. Now that some of the hype about the core DeFi app and NFT functionality has died down, it's impossible to cross the line and see fulfillment. 2022 will bring a profitable business model to the table, eliminating impossibility. Additionally, sovereignty will play a role here, as regulators will undoubtedly be wary and will directly impact sustainability and influence by determining where and how politicians develop recommendations. By 2022, ApeSwap plans to invest in the prospect of a transition. Our goal is a DAO-centric protocol that measures horizontal and vertical ecosystem delivery services.

In 2022, three major verticals will be: Metaverse, GameFi and Sustainable DAO. Given the global focus on change in 2021, it's no surprise that we've agreed on technology in 2022. The key here is that the true metaverse industry should deliver the digital rare. Key players will do their best to take advantage of this, but to achieve this, they will have to rely on crypto-based services.

GameFi isn't expected to be "released" in 2021, but those games haven't done well, and game consoles are booming. The 15 second and waiting experience after entering the game is not a player favorite, and we hope to improve on the previous experience in 2022. The key to real growth is whether the studios of games can release good products that appeal to gamers who stick around for the game itself rather than those looking for "games and making money".

Finally, who can forget DAO? If 'DAO' has been a buzzword since 2017, it was in 2021 that this idea emerged in the mind. The concept of DAO is starting to take on a whole new meaning, and freeing DAO seems like the only way to sustain the long-term process. More and more work is being done to make this happen, and it looks like they're on track for these improvements to happen in 2022. We can't wait to see 2022 as a miracle start to happen when tech keep coming together!

Sébastien Borget: COO and co-founder of Sandbox

It's a celebratory year for us as Sandbox achieved great success in 2021. This is due to the rapid growth of the dapp game site, thanks to the game and metaverse integration. In the marketplace, our accomplishments include: 1.1 million users with in-app wallets, over $216 million in GMV to date, and 9,300 that will support future upgrades enabling gamers, creators, hosts and IP. Even if it's $10,000. Series B round games, live concerts or community events, you can interact with celebrities from past experience. With over 200 affiliates registered in the Sandbox to date, more and more domain names and IP addresses want to connect with their metaverse fans, who own, create and interact with Virtual LAND. This includes Snoop Dogg, who is developing a variety of events for Snoopverse, including his mansion, multiple NFTs and avatars, live concerts, and more, as well as entertainment items such as The Walking Dead and The Smurfs, and clothing brands like Adidas. . , a brand of blockchain products such as Binance.

On the game side, we gave the players an alpha test and it is very interesting to see the interactions in the sandbox. When it comes to play-to-get technology and how to make the game more socially relevant, we have received a lot of positive feedback from over 20 years of experience, and after many years of hard work, the whole ecosystem by 2022. When released, Fusion.

The downside is that as more and more people are aware of the potential of blockchain and NFTs, few (like some in the traditional gaming industry) want to do anything about it. We think the field of fear is understandable when we see the changes in today's civilized world, so we need to keep explaining the benefits to players and developers. . This is what I am currently doing as President of the Blockchain Game Alliance. Blockchain Gaming Alliance is a non-profit organization with 290 key industry members. We recently conducted a BGA survey and 43% of our members said learning the key concepts behind blockchain gaming is the next problem we need to overcome.

We believe that in 10 years, the metaverse will dramatically change the way we think about work, relationships, sports, the economy, and the jobs it creates. In 2022, the play-to-get model will become more successful in gaming dapps. "Playing to earn money" is now the technology. This will become a reality in 2022 according to Sandbox and more games will allow gamers to "earn money from games".

Once again the current change has been fixed in the dictionary today, but in 2022 we will see more changes from concept to reality. That said, there's still plenty of excitement to be had in the sandbox in 2022, including the announcement of the Metaverse in the first half. With the release of DAO, players can create in the country they own, the result of a race and vote for bars SAND, LAND and AVATAR, the first virtual concert of Snoop Dogg and other artists, publicity partner experience, and more. It will also help unlock growth potential in Asia and other regions where mobile is gaining momentum through expansion.

We believe that by 2022, NFT will cross and transform all cultures, news, art, music, sports, food and the metaverse. The game is my real focus. We have companies like Sandbox that have been planning for this time for many years, together developing ecosystems, tools, technologies and more. There are also a few laggards, such as major game advertisers, who now see the opportunity and are looking to develop a program. Players and merchants are ready to turn Metaverse games into (virtual) reality.

I expect there will be big announcements and visions to be revealed in 2022, but more importantly, a set of gaming dapps will go live to entice people. games and more people to see the benefits of "play and win" games. money".

Art Malkov: Blockchain Development Manager at IoTeX

2021 is a year of opportunity and potential. If we look at the success we've had year to date, we can see how quickly the industry has grown. At IoTeX, we have achieved many milestones in project development and have proven that the global community is aware of the possibilities offered by blockchain. In 2021, new games will appear in the eyes of users, enter the game rankings, and promote their own new ideas that would not have been possible before. Hear blockchain, DAPPs and NFTs discussed in this important space as a testament to their perception and impact on the space. At IoTeX, we are focused on how to make the vision of the Internet of Trusted Things possible.

2022 will be the year the projects truly work through partnerships and collaborations to bring in new capital and make the most of their networks. Now that Web3 is gaining momentum, we're going to focus on how to make Dapps more usable, usable, and appealing to audiences who don't yet fully understand blockchain. IoTeX plans to launch hundreds of Dapps next year. This means providing users with a complete ecosystem of DeFi, GameFi, DEX, etc., giving them the best possible experience and keeping them looking forward to the year ahead.

One of Dapps' best practices is "play and win" games. It not only shows the interest and potential of this field, but it also helps to understand how people are starting to really benefit from it and what Web3 is really about. With the huge growth seen in DeFi in 2021, you can only imagine how this will be accomplished in 2022. The highlight of IoTeX is the new category of MachineFi which connects physical devices to the blockchain, enables users to be creative and get paid for their products. Of course, this is only the start of many Dapp Group events and 2022 will be the year that will affect this growth.

Elaine Song : Hedera Hashgraph, HBAR 재단

Technically, 2021 is synonymous with creativity. Compared to Okcoin in the past, I received new ideas from the Hedera ecosystem of the HBAR Foundation, and I would like to address this new development which is at the protocol level. In fact, most cooling applications encountered by users are due to advances in encryption technology. It's not a win-win, but the goal of regulators of cryptocurrency sites bodes well. The fact that there's more management control means that what we're doing is working properly, and I think that's been a way of being true for ages. More importantly, communities are developing their own ideas of how to manage and respond in a way that follows core cryptocurrency beliefs.

Of course, the metaverse is also attracting attention for next year! We believe that by 2022, high-tech encryption will come to the fore. There are a lot of things we can do better with encryption in our daily lives, and now we're getting there, so Hedera and HBAR will be ahead. For us, 2022 will leverage HBAR to achieve this and provide a better experience for crypto users.

As for the metaverse, how DeFi currently handles most of its crypto operations, I think it will become more specialized as the metaverse grows. It also means expanding and deepening, which I believe will be crucial in creating a new era of technology and human relationships.

Raindy Lu: Director of Business and Communications, Ontology

For me, 2021 is the happiest year for cryptocurrencies. Because we've seen a lot of great talk about the rise and fall of all economics and people management. The boom in the NFT field can be considered a key "victory". NFTs allow art creators to become masters of their work, avoiding the problem of piracy, a breakthrough that can only be achieved through blockchain technology. The catch is that people only focus on how to make money from NFTs, not how much the art really costs. To be honest, the support of NFT developers is also beneficial.

In 2022, I think the focus will be on Web3 infrastructure, especially Decentralized Identity (DID). The metaverse is a fusion of the real world and the digital world, but how to identify and manage the same users in different DAPPs can be a big problem. All users must have a shared DID login on the user's crypto wallet to access NFT, Authentication (VC), and all locally encrypted data. KYC is also available if required. More importantly, DID must be self-created. According to DID technology, related applications can be extended in the future.

Ontology plays an important role as a contributor to the Web3 infrastructure. We've spent many years complementing our products and technology, and now we're launching our Ontology EVM fund for more than we currently are. Real Web3 demo for some real users of ONTO Wallet, Wing Finance, OScore and Ontology. We think 2022 promises to be more than that.

I think the user base of dapps, which lack security and distribution, will continue to grow as more users get used to them, especially when it comes to DeFi. Gambling in 2022 deserves a lot of attention because it attracts a lot of attention from entrepreneurs and businesses. Considering the goal of creating metaverse effects, I believe this year is the year in the history of Web3 dapps such as DID, Reputation, DAO and Metadata dapps. All of the above are powerful tools for bringing more people to the area.

Sarojini McKenna : PDG d'Alien Worlds

2021 is the year of blockchain gaming advancement, and I'm happy to see blockchain gaming evolve. Alien Worlds, Game Get and other blockchain games have been very successful and are seeing growth in demand and users. It's been a year since Alien Worlds entered the territory, but the concept of NFT has been understood by few. And now NFT has gone to Christie's and Sotheby's auction houses to be exhibited and we can see their stories on The Tonight Show (like Paris Hilton and Jimmy Fallon on The Tonight Show). "Talking about NFTs. This opens the door to more potential for NFTs which can provide more functionality and more benefits to players and communities. Works well in Alien Worlds. Enjoy our early work. Demonstrate this technology.

The potential for the alien world in the future metaverse is also very interesting. The strong foundation of Alien Worlds will see community growth and a great opportunity for new users to join WAX's Alien Worlds mining and BSC quests. It's a huge win to see communities like this happening around NFT projects that use the tools and procedures we provide to create our own games according to our own customs and encouragement.

It is hoped that large corporations or companies will be effectively involved and shared in these activities. Because they will recognize the power of non-interference in the network and leap to greater success.

We look forward to advancing the DAO, promoting the DAO strategy to more people, and making the DAO more accessible. Decentralization and community are at the heart of our project. We look forward to continuing to adhere to the strategic plan, developing additional features and activities that will allow more community players to grow and transition into commerce. Our metaverse is commercially available and all that Trilium (TLM) and our NFT touch, so the potential for our metaverse to grow and human design and sharing will be endless. . DAO, NFT games use NFT for the benefit of the community. We hope all of this will play a big part in 2022.

Tehn: Blockchain Cuties Community Manager

As a long-term project, 2021 is a big year for NFTs. That said, it's been a rough journey even though we're close to the hype of the ICO in 2017. It's a year of new beginnings and developments for all of you who are incredibly excited like NFTs, have seen metaverses and many new ones enter here! Personally, we are increasing the trading volume in the game by trading, creating new game mechanics and many other important aspects of the game. We have had a very difficult year as a team. We did the renovation, but it took a little longer than expected. But it has also been a very rewarding year for us. The team is now more understanding, agile, strong and resilient. Our team is working hard to develop more programs to reduce game update time and update time.

In 2021, the NFT space has passed the integration stage, which leads to the rapid development of the blockchain space. Now the blockchain industry is one step closer to the main. With this interest, it will become faster and harder to understand for the average user. Many blockchain trends such as GameFi, Metaverse, Decentralized Finance, User Identity, etc. will continue to grow in the future. The hype has added a lot of new features, but time will tell who's coming here next year. ~

As a project, we are working on launching a special token marketplace based on the tokens we developed this year. We are increasing the number of blockchains supported by the game. The team is constantly working on in-game marketing to deliver the best value to our players. War of Cutieland is expected to enter closed beta as early as 2022. We allow users to broadcast their assets and even trade them on different blockchains of linked sites. Of course, it can also be L1 solutions and several L2 solutions. When it comes to GameFi, many big companies are focused on current location, and in some ways that's good and bad. Large companies with experience in sports development cover a wide range of fundamentals, including manufacturing processes and strategies. In this new and growing market, these new players will help provide better commercial products to consumers.

On the other hand, due to their negative attitudes and thoughts, the low investment game makes it difficult for them to break into the potential community and become the next striker, raising the bar for early elements. With all of this in mind, many projects will dramatically improve their business potential, and more and more businesses will gain a deeper understanding of how operations work. The result further helps deliver greater value to developers, gamers, and NFT enthusiasts.

Robert Miller: Convergence of blockchain communication and public relations

The key theme for 2021 is cooperation and true partnership. 2017 saw a lot of fake embeds. But now, when people are receiving all kinds of new products every day, it's important to integrate technology as quickly as possible and create great growth. We think we have done a good job. Compared to other works on the platform such as Coinecko, Fuse's rankings look amazing. We will review all the latest technologies and products in our ecosystem and beyond what we need. Then we will continue to improve our ecosystem to expand to more people to know and collaborate with us.

We will see advances in the use of technology as people realize that multi-channeling is the way to go. Additionally, payment apps have become more popular as B2B companies find it very easy to do B2B business here to avoid bank payments. Projects such as the network request (invoice) sent by Fuse will be successful. Frameworks such as Graph and Pocket Network continue to grow in the blockchain ecosystem, giving developers a platform to easily deliver dapps while working independently. The future is more perfect than the future. Many real businesses now have clear plans and goals moving forward. Fuse's DeFi ecosystem will accelerate its growth with the advent of the FuseFi VOLT management token, and Fuse's industry offerings will be enhanced in Q2 with major Studio upgrades.

There's a great hotel for young people in Lisbon, and in November I met a few non-blockchain teenagers in their 20s and 30s. Some people fear they are long gone, but they don't know where yet and haven't been exposed to other cryptocurrency exchanges like Metamask. We are now moving to the stage where we need to attract more new users. Many products that are less intrusive to use, such as Fuse Cash and Dharma, allow people to access them through a nonbinding wallet and trust through a simple interface, and 2022 will be the first year most people think about it. adoption of DeFi. . is. At the same time, NFTs will continue to play an important role during this period.

Jay Kurahashi-Sofue: Vice President of Marketing, Ava Labs (Avalanche Blockchain)

2021 is a fresh start. New Web3 projects have quietly emerged, creating new services such as "play and win" games, NFT membership tokens, and more. The biggest impact for me has been the continuous improvement of the Web3 knowledge base. The more you join Web3, the more new opportunities you see.

In 2022, the user experience through Web3 user infrastructure, such as wallets, fiat entry and application entry, will be even better. Users can experience Web3 without interfering with functionality. Apps like these looking for a smooth experience will start to lead the way.

In addition to digital devices, I like most NFTs, especially those related to power consumption. Membership Tokens, Data Assets, and Game Items are all major NFT-based categories. DeFi will also accelerate as new releases begin to become the most prominent blockchains in their release strategy.

John Wu: President, Ava Labs (Avalanche Blockchain)

In 2020, we encountered the first real DeFi boom, and in 2021, the DeFi community has proven itself and developed endless capabilities by launching multiple chains. You will also notice that NFTs have entered the context faster than any other blockchain or crypto application to date.

2022 will see new upgrades in GameFi. Because the "play for money" game is not only profitable, but also a really fun game that users love. I think there is an opportunity for community outreach to start having a big impact. For public blockchains, users have yet to see attractive applications with this advantage. That could change in 2022 as skepticism about mass media fundamentals grows and people need more control over their data. A breakthrough in dapp media could become a huge window for more users to access the blockchain.

In particular, Avalanche hopes that Avalanche will grow as fast as this competition because the applications are still successful, the Ethereum application referenced on the site, and more and more companies and the school accept the technology.

It's an idea like this, but I hope it turns out well. Regardless of the market, the blockchain community has acquired more skills and capital than the industry that I consider to be a technology and capital investment industry for over 20 years. . From manufacturers to business, industry and community development, everyone in this field has the entrepreneurial attitude needed to make a meaningful difference and longevity through the use of technology. "

George Tsagkarakis: Founder and CEO of egamers.io

2021 is a big year for the blockchain gaming industry, as NFTs and metaverses are getting a lot of attention. After years of innovation and development, the industry has grown further compared to 2020, making it easier to register and set up businesses.

2022 will be a special year not only for games, but for the blockchain industry as a whole. We will see significant growth across the industry as industry integrates with industry. This will create more jobs and more people will understand the technology and facilitate distribution. Regarding gamers.io, we plan to expand our services as a blockchain gaming portal to provide gamers and merchants with all the information they need.

There is no doubt that 2022 will be the year of fiscal stimulus and, of course, the year of fiscal redistribution. Many consumers are worried about the rise in prices due to the Covid-19 phenomenon and know that they have lost money with their assets in their bank account. The time for decentralization has arrived.

Rhys Skellern: ECOMI/VeVe Public Relations Manager

2021 is undoubtedly the first year of the NFT. For VeV, this means bridging the gap between mainstream fans and publishers and creating a whole new world of digital writing that has become the best mobile platform for digital collections. . Along the way, we've seen that fans are increasingly interested in digital assets based on physical devices (and much more), and have already announced and developed projects by more than 60 brands and artists alone. ' in 2021. Content like Disney, Marvel, Star Wars, Cartoon Network, Universal Studios, Mondo, Givenchy, DreamWorks, DC Comics and more. ~

Years of collaboration and publicity have contributed to the entire NFT industry, and content competition, discussion and oral communication have accelerated the growth of VeVe's user root. In less than 12 months after the product was released to the public, it has over 1 million monthly users and sold over 3 million digital NFTs, making it the most entertaining app for the global app of the App Store. ~

However, this growth would not be possible without a real interest in the community. There is nothing stronger than the practice of understanding and appreciating your vision and working diligently to achieve it. Partnering with these communities not only creates true friendships around the world, but also provides effective feedback, creating better products for our customers, while continuing to create a warm and welcoming atmosphere for them. theme designers, community designers and fans. Similar. somewhere. But on the market, 2022 will be a year of construction. In addition to technology, we expect all activities to focus on community development and involvement. Early product adoption and detection is critical to today's economy, creating and sustaining a diverse audience and protecting the initial ecosystem from external factors.

Personally, I expect assets to shift to DeFi and market processes as investors look to buy the assets rather than sell them as the market trades broadly. With this in mind, we expect more users and tokens to be migrated to Ethereum L2. Especially since the exchanges continue in L2 and join directly.

When it comes to manufacturing and marketing, I'm very happy that NFTs are an integral part of some companies' digital marketing strategy around the world. Because companies like this are looking to transition to some degree for their business, advertising, and collaboration strategies. As for VeVe, we plan to release a new version of VeVeVerse in 2022. This will not only help bring world-class IP into the digital world, but also generate new revenue for IP holders in the digital domain. Our ecosystem transformation for these providers is designed to create more collaborative and interactive content, increasing the value of VeV digital collections and IMO tokens while giving fans more time!

In addition to the metaverse and the other features it brings, I would also like to see an integration of the NFT and DeFi protocol. Indeed, the growth of these assets increases investment opportunities and makes them one of the best digital products on the market. ~

We predict that by the end of 2022, the expansion of the NFT industry will begin to represent physical and intangible assets (such as real estate) and create a host of new opportunities as we move into the next business.

Regarding releases and experiments, we hope to have more bridges and processes to facilitate the integration of processes, chains and solutions. We'd like to see it directly in the wallet itself, but the first iteration would be with the dapp itself starting with multiple strings and connecting them together. In addition, DAO, decentralized data storage, digital authentication, NFT application and P2E game application in developed countries are also the focus of future monitoring. However, I think there are still a few years to go before blockchain-based games become more mainstream.

Tim Copeland: Editor, Block

It was a year of trials. We've seen operations explode into a million dollar airdrop, NFTs have risen and been used as trading products for lending, numerous attempts on chains such as Poly Network and Thorchain have been stolen, and Ethereum has reported heavy energy costs. Encryption technology is constantly evolving.

I think it will be a tough year for DeFi applications. They have been under surveillance for many years and are struggling to find a way to resolve the authorities' grievances. The question is whether they are trying to follow the rules or whether they are trying to circumvent the rules through distribution. Another big question is whether there will be a major impact on revenue from blockchain gaming apps and metaverses. However, it may take a year or more to see further results.

Blockchain games inevitably seem to get better faster. The question is whether other companies can get the same business as Axie Infinity. But like I said, it may take longer to fix than other types of dapps. Because it takes a long time to create a game and build a community around it.

Anastasia Plane : responsable marketing, Chromia

For me, one of the biggest "wins" of 2021 is the explosion of blockchain gaming. ChromaWay has been in this business for quite some time. We acquired Antler Interactive in late 2019 and developed the Chromia blockchain platform using gaming dapps as one of our core drivers. My Neighbor Alice and Mines of Dalarnia are two Chromia incubation projects that will hit the market in 2021, and it's great to see the larger communities that have already been formed. Both games are expected to release fully in 2022, so next year will be a happy one!

By 2022, I think the focus will shift from just the inclusion of blockchain to greater depth. As more and more sports hit the market, simply “playing and making money” is not enough. Is this game fun? Is the integration of NFTs and cryptocurrencies intuitive? Is the market in an open and fair economy? For me, these events are the determinants of tasks that create a long-term user base.

DeFi's popularity has exploded since 2020, but there is still room for growth. As developers come up with new ideas, blockchain becomes more interactive, interactive, and pushes the boundaries.

2021 is "the year of the NFT" in many ways, but I think many happy NFT projects are just getting started. Examples: Partial membership, integration of organizations, equality and cost sharing, access to activities, etc. By 2022, I think people will realize that NFT is not a "jpeg", but an important technology that can change and affect many industries.

Katie Butler: Marketing Director, Moonbeam

2021 is the year planned for 2022. On the technical side, we have worked a lot on Moonriver and Moonbeam. Previous experience Moonriver settles into the band and kickstarts Polkadot's success. The team worked with the team as well as other Parachains to develop the strongest EVMs to ensure developer-friendly relationships in all aspects. At BD, Business and Ecosystems, we are constantly working to grow and expand our ecosystems and communities. For BD, this ultimately means finding and collaborating on the projects they want to bring into the ecosystem and acquiring external resources, and of course we plan to support them. Our business team has ensured that our reach in the cryptocurrency world continues to expand, and Ecosystem Frontiers is developing an ambassador program to help projects in a way that gets a lot of attention.

2022 will be a year of many interconnected and in-between ideas. Moonbeam's full Ethereum-over smart contract will launch in January and will be available for launch and entry into the Polkadot ecosystem through continued collaboration from September 2020. The Moonriver ecosystem continues to expand development is good, and these operations in the system take the network to new heights. In 2022, the power of the Polkadot ecosystem will demonstrate how interconnected blockchain networks support new applications that weren't possible before Polkadot and Kusama were announced. Moonbeam and Moonriver will continue to expand existing DeFi, gaming, and NFT ecosystems, and as Web2 technology expands to Web3, we look forward to seeing new developments emerge to connect, further expand the crypto ecosystem, and implement it. ~

In the second half of 2021, NFTs are in the spotlight and I think we will see more NFT integration in games and DeFi. This will focus on a variety of useful devices, such as higher DeFi returns, better gaming features, and access to more specific content (like music and entertainment), rather than the specialty of photography. digital. We believe that 2022 will be the year in which music, films, artists, performers, etc. will start receiving new revenue from NFTs.