2022. A Year in Review: Future web3 trends in 2023
2022 is coming to an end. In my last article in the series, where I summarize the past year, I want to talk about the future prospects of the cryptocurrency market and the trends that will drive the industry in the future. I would say this is my prediction of the events that have to happen for us to see another bull run. NFA. DYOR.1. RegulationAlmost all the governments represented by the US and the EU have been working on a regulatory framework since the last crypto market boom. In March 202...
2022. A Year in Review: Future web3 trends in 2023
2022 is coming to an end. In my last article in the series, where I summarize the past year, I want to talk about the future prospects of the cryptocurrency market and the trends that will drive the industry in the future. I would say this is my prediction of the events that have to happen for us to see another bull run. NFA. DYOR.1. RegulationAlmost all the governments represented by the US and the EU have been working on a regulatory framework since the last crypto market boom. In March 202...
2022. A Year in Review: Blood in the streets
The cryptocurrency market was expecting too many «black swans» this year. Murphy’s laws now don’t seem ironic; in reality, anything that can go wrong will go wrong. Let’s highlight the most shocking but no less important events this year.1. Terraform LabsTerraform Labs is a cryptocurrency company responsible for developing and supporting Terra Network and Anchor Protocol. The company created $UST, TerraUSD algorithmic stablecoin, which later unpegged from the US dollar, causing Terra's c...
2022. A Year in Review: Blood in the streets
The cryptocurrency market was expecting too many «black swans» this year. Murphy’s laws now don’t seem ironic; in reality, anything that can go wrong will go wrong. Let’s highlight the most shocking but no less important events this year.1. Terraform LabsTerraform Labs is a cryptocurrency company responsible for developing and supporting Terra Network and Anchor Protocol. The company created $UST, TerraUSD algorithmic stablecoin, which later unpegged from the US dollar, causing Terra's c...
2022. A Year in Review: MetaFi
In October 2021, Mark Zuckerberg, CEO of Meta, announced Facebook's vision to build an alternate virtual existence for individuals by employing augmented reality (AR) and virtual reality (VR) technologies. Since then, the hype around Metaverse has swept the world. In 2022, during the bear market, the segments and projects associated with Metaverse were forced to take a break and focus on building their product and community. Metaverse is a new web app and social network type that impleme...
2022. A Year in Review: MetaFi
In October 2021, Mark Zuckerberg, CEO of Meta, announced Facebook's vision to build an alternate virtual existence for individuals by employing augmented reality (AR) and virtual reality (VR) technologies. Since then, the hype around Metaverse has swept the world. In 2022, during the bear market, the segments and projects associated with Metaverse were forced to take a break and focus on building their product and community. Metaverse is a new web app and social network type that impleme...
2022. A Year in Review: Play-to-earn
GameFi is a new segment born during the bull market in 2020. GameFi connects games and blockchain: gamers play for fun with an opportunity to gain crypto rewards. The new segment was very successful during last year’s bull market, but this year showed a strong positive correlation with the $BTC index following the market downtrend. Unfortunately, projects based on unsustainable profit models and the fleeting media hype were doomed during the bear market. According to Footprint Analytics’ on-c...
2022. A Year in Review: Play-to-earn
GameFi is a new segment born during the bull market in 2020. GameFi connects games and blockchain: gamers play for fun with an opportunity to gain crypto rewards. The new segment was very successful during last year’s bull market, but this year showed a strong positive correlation with the $BTC index following the market downtrend. Unfortunately, projects based on unsustainable profit models and the fleeting media hype were doomed during the bear market. According to Footprint Analytics’ on-c...
2022. A Year in Review: Domain Name Meta
In web3 space, all types of wallet addresses are a sequence of characters. The domain name system was created to simplify identification and communication to make it easier to use. A domain name is an NFT that can be linked to a wallet to replace the unclear character set in the wallet address with an easily memorable character set similar to a user’s nickname. A domain name can be more user-friendly and prevent wrong transactions because an address is incorrectly printed. In 2017, The Ethere...
2022. A Year in Review: Domain Name Meta
In web3 space, all types of wallet addresses are a sequence of characters. The domain name system was created to simplify identification and communication to make it easier to use. A domain name is an NFT that can be linked to a wallet to replace the unclear character set in the wallet address with an easily memorable character set similar to a user’s nickname. A domain name can be more user-friendly and prevent wrong transactions because an address is incorrectly printed. In 2017, The Ethere...
