Thread by @Dolphin_Krypto

#Year2022 #Crypto #Blockchain
Part 2.
2021 has been a fast-moving year. So much happened and the space has shifted like crazy in different sectors.

And now we are entering 2022.

So here’s what I felt in 2021 and what I expect in 2022.

Continued in the thread. 👇

24. Believe they will be the first leader of Web3.0 mass adoption. But still, the scalability seems limited to becoming the actual 'king' of web3.0

25. ETH is proposing different proposals to maximize the scalability through other techs although it seems to take quite a while. Polkadot para-chain's so-called 'para-thread' are being mentioned to over come the 100 shard limitation.

26. For Nearprotocol, theoretically scalability is infinite but still since its at its early stage believe we should keep a eye on how it goes. For Near believe that the @oct_network will be a key to gaining competitiveness and mass adoption so am keeping a close eye on to it.

27. c) Staking Platforms

With the talks in mind. What I believe is that staking would be a crucial part of every ecosystem which are aiming to achieve the 'king of web3.0'. Different projects might receive highlights such as @LidoFinance @meta_pool and more.

28. POW -> POS trend has started like a year ago. But well, now believe this would be more considered like a necessity rather than an option for blockchains that are aiming for mass adoption.

29. In the past, 'big mining groups' were considered as the core of the blockchain and were always considered as a VIP. Now, believe staking platforms that dominate the % ratio of the ecosystem would enjoy the same reputation and power.

30. d) DAO platforms

Now we talked about WEB3.0, believe 2022 will also be a year of DAO. Some call DAO as a way to evade regulations, some call it the new world of decentralization.

31. Either way, when WEB3.0 comes into place DAO is crucial for the actual WEB3.0 to be called "WEB3.0". Same for NFTs and Metaverse. Now, some would ask so where we should keep an eye on when DAO is everywhere?

32. In 2022, I believe that platforms that offer services to create, sustain, operate DAO in a systematic manner with efficiency will prosper. Various projects are starting to rise to create systems for automatic DAO system, help the voting process and etc.

33. @AragonProject would be a great example. + Other projects that aid automated payment systems in DAO, treasury system and etc are coming into space. Other examples like @parcelHQ and more would exist.

34. e) Regulations

Now with the story of DAO, into the legal side. When mass adoption happens, regulations and legal infrastructure starts to build up. We all hate regulations but that's how the world is.

35. FATF will be more into crypto, travel rule will be implemented in different exchanges, even in some of the DEFI and personal wallets. I'm a Korean, and for my home country exchange, some exchanges even announced that people should submit proof

36. to prove that the foreign exchange account (ex. Binance, Coinbase, etc) belongs to yourself before doing any transactions. This is just the start.

37. Well, every danger to privacy also has opportunities. Privacy will become more important. Teams like @ZKValidator and privacy-related sectors will prosper.

38. And on the other hand, I believe that regulation-related blockchain tech proving teams such as @shyftnetwork, @QredoNetwork will receive spotlights when the time comes with FATF and crypto. Believe its not a question of if but rather a question of when.

39. f) Stablecoins

Connecting to this, for people who are keeping a close eye on the US gov's stance on crypto. Might have noticed that they are especially interested in stable coins. CBDCs are starting to receive spotlights. And they are starting to make moves for it.

40. China has spent tens of millions of dollars in implementing the DCEP, a digital form of yuan in Africa. Their intention might be debatable but what I see is that blockchain tech is inevitable, and China is investing billions to achieve dominance over US dollar.

41. Not saying who will win or lose. But the point is the US, as noticed in the recent blockchain-related testimonies, is focusing more and more on regulated, and gov backed stable coins. We have a number of stable coins made in different blockchains.

42. Personally seeing USDC from @circlepay being the closest to the legal standards, when US government starts to act upon stable coins, it will definitely have a great impact on the overall crypto ecosystem.

43. Especially for ecosystems where they are starting to provide namely "Official stablecoins" if it gets created. @Algorand @StellarOrg or @solana or may be all of them. Who knows. But I strongly believe that stable coin issues will become more important as time goes.

44. CBDC related projects might receive some spotlights, maybe to @Ripple? Don't know but believe it is crucial to keep an eye on US stable coins and to what decisions the congress makes in 2022.

45. g) P2E games.

We've seen hundreds of P2E games rise and fall in 2021. Some gave people a lifetime opportunity, some ended up being called a 'scam'. But still, it's undeniable that it is starting to become one of the strongest trends in crypto. (with metaverse game)

46. What I believe is this will continue. But, when we have this many options, believe that only ones that with "fun and community" will survive. Might sound too simple, but different games were made in so-called the '"pyramid selling structure'".

47. Yes, some did succeed. But some left people at a great loss. The fact I believe to be indisputable is that for any game to succeed the players should actually 'love' the game. Get attached to it emotionally. (BTW this applies equally to PFP NFT projects)