At least from my previous article.

Let’s deep into its advantages right now to make more precise conclusions and prepare for the soon token IDO ;)

So, the Crodo Team says:

«The platform provides decentralized fundraising in the Cronos ecosystem for projects at an early development stage at favorable terms for investors and platform creators.

We are helping to new projects in early stages to raise capital from users, by making them into real clients in GameFi.»

Sounds promising, doesn’t it?

«When developing this platform, we wanted to bring a new convenience level in the work of IDO sites and become an example for others.»

After analyzing the work of other IDO sites, Crodo team has found the following problems within the current relevant market:

1. The IDO participants experience a lack of reminders about its start, whitelist approval, the start of the token redemption stage, and other issues. This is the reason, why participants may forget to enter the site on time and lose their chances to take part in the IDO.

2. CRODO SOLUTION: a Telegram chatbot was developed. It which will warn people in advance about important actions connected with each IDO.

3. The site servers run slowly and sometimes that does not manage well a high increase in traffic. It may lead to problems accessing the IDO site at the right time.

4. CRODO SOLUTION: they use CDN and DDOS protection through CloudFlare.com and host servers in Kubernetes on dynamically created virtual servers in DigitalOcean.com

5. Low additional motivation within the staking system to keep tokens locked. This tends to cause the draining price at an unfavorable market period.

6. CRODO SOLUTION: they have introduced special Titles for holding tokens, which are reset if tokens are withdrawn from the site.

7. People are interested in new projects’ ambassador programs, which are now not very convenient

8. CRODO SOLUTION: Guys have created an ambassador program with the ability to send tasks, monitor their status, view the balance of points earned, reminders of new tasks, a competitive system, an affiliate program. Great!

9. Participants do not understand the projects’ analytics and perspectives, buying everything in a row.

10. CRODO SOLUTION: Project integration options have been developed to engage the audience for real use. Now everyone may go deeper into the project’s system and functioning.

11. Let’s keep in touch, guys, to meet more great projects and news together!

12. Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing

13. 
    

First of all, we need to understand alternatives, as it is not quite clear whether storage rent will be enough by the end of the current emission and how smooth mining rewards will be:

· switching to PoS or doing checkpointing (via another blockchain, on-chain or off-chain protocol) is radically changing security assumptions of the protocol. This should not be considered.

· introducing some contracts for miners to participate voluntarily (some ideas were proposed on the forum) may most likely fail, and it is hard to predict how such things will play out.

Additional Potential Changes Miners Can Consider

A mild approach would be to repurpose transaction fees and storage rent towards paying some % to reemission contract.

Transactions fees are not part of the protocol actually, so changing this contract can be done painlessly. This change would require miner consensus.

Changing storage rent contract according to most miners logic could be seen as monetary policy change, but this is also possible for miners to vote on.

The only issue is to predict is whether the collected funds can be enough, also, reemission contract would be more complex (as it needs to pay not fixed amount per block but rather a share in this case likely).

EIP-27

Now, about the nature of proposed change in EIP-27.

Technically, an emission curve change is different in Bitcoin and Ergo. In Bitcoin, new bitcoins are created out of thin air according to protocol code, emission curve can be changed via hard-fork only.

In opposite, in Ergo emission is done via smart-contract, and so things like EIP-27 are possible with soft-fork.

With EIP-27, total emission remains the same, emission contract remains the same. Miners will send some part of mining rewards to future. To do that they first collectively agree.

The only restrictive thing here is set by miners for a miner. And the new rule is soft-forkable, so miners can switch it off/or change it in the future with vote.

I think crypto-economic security gains outweigh possible controversy behind this proposal.

This article is a compact sum-up of all the important information about Doge.

Dogecoin (DOGE) is an open-source cryptocurrency founded in 2013 by Billy Markus and Jackson Palmer. The name is based on the popular Doge meme and the aim of the project was to be a fun, light-hearted cryptocurrency from the start with appeal well beyond the core Bitcoin audience.

Fun fact: In 2021, Elon Musk has posted several posts about Dogecoin being his favorite cryptocurrency, which led to significant increase in price of DOGE and interest in the project as a whole.

The coin itself is a fork of Litecoin and has similarities as well as differences with Litecoin and Bitcoin. It uses proof-of-work protocol very similar to the Bitcoin’s one but with several differences (one of which is the use of Scrypt technology). This means that same as BTC, DOGE too can be mined. The Doge’s transaction (block) time is also around 1 minute but, in contrast to Bitcoin, its total supply isn’t capped (there’s potentially unlimited amount of DOGE that can be mined).

One of the most common uses for Dogecoin nowadays is as a tipping service on Reddit or Twitter, where users can reward others for creation of quality content.

Other than that, Doge is also accepted by a few dozens of vendors and can therefore be used to purchase groceries, food, households or even website domains. Additionally, DOGE can also be used as most other cryptocurrencies for P2P transactions and payments.

It is important to mention, that with Dogecoin being community-driven, it is a cryptocurrency of the people, for the people and by the people. And as such, the community puts a great emphasis on utility of the project, which is well reflected in its future plans. As stated in Dogecoin’s Manifesto: Being useful, we value utility over technical brilliance.

Soon after the foundation of Dogecoin, in 2014, a not-for-profit foundation was formed by members of the Dogecoin team. Goal of this foundation was to provide support, advocacy, trademark protection and governance for the project.

In 2021, the Foundation has been re-invigorated by old-school doge-coiners, members of the original team, along with new members and advisors. (FYI: One of the advisors is Vitalik Buterin, Founder of Ethereum.)

Dogecoin still remains a community-driven, consensus based open-source project. The existence of the foundation doesn’t change that. The direction of the project is formed by many contributors, organisational and individual, to the various projects of the Dogecoin ecosystem.

As already mentioned before, the Dogecoin puts a lot of emphasis on utility. It is no surprise then, that the future plans and development of the project are aimed in this direction: to increase utility and integration opportunities, make Dogecoin more scalable, accessible and convenient to use and to modernise it so it can keep up with new cryptocurrencies and blockchain projects.

Specifically, The Dogecoin Foundation speaks about diversification (making way for new and faster Nodes) and consolidation (through a written, provable Dogecoin Standard). Dogecoin Trailmap also presents new opportunities for payment providers, retailers, game developers and more to integrate and implement Dogecoin into their projects. GigaWallet Project, which will provide a robust, enterprise scale, multi-user wallet service designed for integrators, should help with this exact goal.

The Foundation is also currently working with Vitalik on crafting a unique Doge proposal for community staking, which would allow everyone to participate in the network.

I highly recommend checking out the Dogecoin Trailmap for yourself as it contains more useful and interesting information and was a heavy inspiration for this last part of the article.

We at BlockchainSpace (BSPC) are very excited to announce our partnership with the decentralized play-to-earn PvP dark fantasy game Inferno. This new addition to BSPC’s extensive ecosystem opens up exciting opportunities for our play-to-earn gamers and guilds.

We will be offering select guilds in our expansive network the opportunity to access 100 whitelist spots for presale access to Inferno’s in-game assets.

Our collaboration with Inferno demonstrates our burning passion for providing our affiliate guilds with new and exciting opportunities to explore.

What is Inferno?

Built on the Ethereum blockchain, Inferno is a decentralized play-to-earn PvP game set in a dark fantasy adaptation of Dante Alighieri’s Divine Comedy. The Inferno team, made of game industry veterans, is developing a gritty, narrative-driven experience, emphasizing skill-based competitive gameplay. Gamers will have the opportunity to unlock elemental powers, craft powerful items to use in battle, and venture through the layers of Heaven and Hell to bring everlasting glory to your faction through seasonal competitions.

Each class in Inferno corresponds to a user’s Inferno Key and one of the twelve Zodiac signs, which function as the classes in the game. Each Inferno Key will unlock premium features in the Infernoverse at each stage of development, including exclusive Genesis Armor sets that only owners of an Inferno Key can mint. Users with a complete set of Genesis Armor are ready to access Inferno’s economy through various trainable professions that will provide opportunities to earn, sell items and tokens, and gain additional bonuses through battle and gameplay.

Inferno Keys will be available to mint through the official Inferno website and application.

As Inferno continues to develop and bring more users to their metaverse, we at BSPC are excited to bring more play-to-earn options to our guilds and community. Keep an eye out for more developments soon!

About Inferno

Inferno is a decentralized play-and-earn PvP game set in a dark fantasy adaptation of Dante Alighieri’s Divine Comedy. The concept was developed by a passionate team of AAA industry veterans who have worked on several games, including Doom, Quake Champions, Halo, Destiny, Outriders, and Assassin’s Creed 2.

Website | Twitter | Discord

About BlockchainSpaceBlockchainSpace (BSPC), the largest hub for play-to-earn communities globally, enables play-to-earn guilds to scale in the metaverse. We build tools to empower gaming communities and run academies to identify economic opportunities in games. All of this emboldens the next generation of play-to-earn gamers and guild owners to become successful entrepreneurs by equipping them with essential digital tools and financing to scale.

Website | Facebook | Twitter | Medium | Gitbook | Discord | Telegram

For the crypto industry, 2021 has been a quite memorable and rewarding year. During the year, the total market capitalization and the prices of cryptocurrencies have hit record highs. There is a rapid increase in the number of institutional and individual investors who have noticed and started investing in cryptocurrencies.

Meanwhile, sectors such as emerging public chains, NFT, GameFi, DAO have made promising development and progress. For 2022, institutions have given their views and predictions on different fields, from which we can get instructive information.

From a global perspective, the COVID outbreak has undoubtedly made significant impacts on sectors such as the economy, trade, and finance, as it was controlled and managed poorly in many countries. In order to avoid another liquidity crisis, central banks continue to pursue accommodative economic policies. With this in mind, market risk appetite is high and that provides an upward impetus for all risk assets, and thus provides a good opportunity for the digital currency industry to grow.

The total market capitalization of cryptocurrencies is in an upward trend, rising from $750 billion at the beginning of the year to a record high of approximately $3 trillion. Crypto assets such as BTC and ETH are also at record high prices.

Figure 1: Total Digital Currency Market Capitalization (Source: CoinMarketCap)

Stable coins such as USDT and USDC are gaining increasing market recognition, their usage has surged greatly, and their market capitalization has also achieved significant growth. USDT and USDC, for example, started the year with a market cap of about $4 billion and currently has a market cap of about $42 billion, a more than 10-fold increase.

Figure 1: Market Value of USDC (Source:CoinMarketCap）

2. Emerging Public Blockchains

3. Emerging public blockchains such as Solana, Avalanche, Fantom, and Terra have seen a collective explosion, with their token prices rising dozens or even more than a hundredfold in just a few months. These public chain projects have advantages at performance and fee, taking up the spillover value from Ethereum in areas such as Defi. Meanwhile, the ecosystem of emerging public blockchains is booming.

4. DeFi

5. From a TVL perspective, DeFi projects were also growing at a high rate in 2021. TVL grew from $19 billion at the beginning of the year to approximately $260 billion, an increase of more than 13.6 times. The growth of DeFi projects brings development opportunities for emerging public chains, and the performance bottleneck and high price of Ether make some DeFi projects migrate to other blockchains.

6. Figure 3: Change in Total TVL (Source: DeFi Llama)

7. However, from a token price perspective, some top DeFi projects such as UNI, COMP, and CRV have underperformed ETH, with CRV being the only token to outperform ETH in terms of price.

8. Figure 4: Token price performance of head DeFi projects (Source: CoinGecko)

9. NFT and GameFi

10. From April 2021, NFT and GameFi entered a fast growth track. The market volume of NFT reached a peak of approximately $3.2 billion in August and had since entered a downward trend. GameFi, on the other hand, is growing exponentially, led by Axie Infinity.

11. Figure 5: NFT’s market trading volume (Source: The Block)

12. MEME Coin

13. Due to the influx of new investors into the digital currency market, MEME coins, represented by DOGE and SHIB, gained the favor of these investors. The maximum increase of Dogecoin is about 122 times in 2021, and the maximum increase of SHIB is even more than several hundred thousand times, which is astounding. However, there were accidental factors for the fame of the MEME coin, meaning the risk of participating in the investment is also higher.

14. Others

15. In addition to the areas mentioned above, significant progress were made in areas and products such as Layer 2, DAO, and Bitcoin ETFs.

16. Figure 6: TVL for Layer 2 (Source: L2BEAT)

17. A year ago, multiple institutions made forecasts for 2021, and we find it fascinating to look back at these forecasts now, and can see how well the market development fits with the forecasts of these institutions in the past year.

18. Messari’s prediction for DAI was spot on, with DAI’s market cap growing to over $9 billion in 2021. When the digital currency market is in a bull market, the market cap of tier-1 stablecoin rises significantly.

19. Figure 7: Dai’s market capitalization (Source: CoinMarketCap)

20. Messari saw Automated Market Maker (AMM) as a “0 to 1” innovation that would reveal its advantages over centralized exchanges in terms of applicability and liquidity. This has been achieved, as Uniswap has surpassed the majority of centralized exchanges in terms of trading volume, despite competition from other DEXs.

21. Messari believed that the high returns of DeFi projects would be unsustainable if the governance tokens obtained fromDeFi projects were not recognized by the market. Currently speaking, most projects are in the relatively low annualized return range, except for some of the new and high-quality DeFi projects.

22. That prediction came true as well. Not just interactions with Ether, but many cross-chain bridges for interactions between other ecosystems.

23. There were multiple DeFi attacks in 2021, such as Cream Finance, a well-known lending program, was attacked by flash loans and lost over $100 million.

24. Messari believed that vampire attacks want to outperform competitors by issuing tokens, mainly targeting projects that have not issued coins. Vampire-like attacks that were against OpenSea and Metamask received lots of attention in the late 2021, but both OpenSea and Metamask have relatively deep moats and the two vampire attacks did not affect the projects too much so far.

25. @The Block

26. This prediction was proven right. As mentioned earlier, the total digital currency market capitalization, as well as the mainstream digital currency prices were at all-time highs in 2021.

27. This prediction was also correct. there were about 1,700 digital currency industry financing deals in 2021, with over $25 billion invested, and of which, about 50% were related to DeFi, NFT, and gaming projects.

28. Recently, the Polkadot parallel chain slot auction is underway, and six projects have already been awarded parallel chain slots.

29. The Layer 2 project ecosystem is growing rapidly, with some DeFi projects already migrating to Layer 2. Interaction between Layer 2 projects, aka project composability, is the next issue to be addressed.

30. This prediction was rather accurate, as NFT and gaming projects took over the market attention after DeFi.

31. The prediction market did not make much progress in 2021 and has a lot of room to grow, while the Bitcoin Lightning Network is gaining momentum.

32. Bloomberg believes the U.S. will fully embrace cryptocurrencies and introduce new regulatory policies in 2022, which will lead to a price increase in cryptocurrencies. BTC and ETH will gain wider acceptance and the overall digital currency market is unlikely to see another pullback of around 50% as it did previously.

33. In addition, the normalization of the stock market will return and the continued decline in the U.S. Treasury yields may also affect BTC and ETH. Cryptocurrency is a risk asset and its price will face growth resistance if stock markets fall. But it could also be a major beneficiary if the falling stock prices put pressure on bond yields and make room for more liquidity injection.

34. BTC.

35. Bloomberg believes BTC is on its way to become a global digital collateral. Issues such as China’s regulation and energy consumption will improve, and BTC’s computing power is in a continuing upward trend. As a result, BTC will continue to move forward in 2022.

36. ETH.

37. Ethereum has always been leading new trends and is the preferred platform and hub for projects such as DeFi, NFT, and stablecoin. After the implementation of EIP-1559 protocol, ETH supply becomes even less, which will also benefit ETH prices. Meanwhile, Bloomberg also believes that there will be fierce public chain competition in 2022.

38. Messari believes that inflation will remain above 5% in 2022 (70% probability) and that the rate hikes will hinder the stock market and damage growth stocks (60% probability).

39. In the short term, these measures will benefit cryptocurrencies, but in the mid term, crypto market risks will rise. For cryptocurrency market movements, the most likely scenario is that there will be growth before the end of the first quarter and then followed by a long bear market.

40. For mainstream digital currencies, Bitcoin will be accepted and recognized by more institutions, and may become an asset reserve for other Layer 1 public chains; Ethereum is unlikely to surpass Bitcoin in 2022; and Messari is not optimistic about meme coins and privacy coins such as Monero.

41. For centralized stablecoins, USDT’s share of the stablecoin market cap dropped from 80% to 50%, but Tether’s importance in clearing cryptocurrency exchanges remained unchanged. For decentralized stablecoins, DAI remains the most widely used decentralized stablecoin; UST is building its own ecosystem and actively expanding from Terra to multiple chains; algorithmic stablecoins have room to grow.

42. Ethropy believes that after El Salvador, other countries will adopt BTC as legal tender; Institutional and individual investors such as MicroStrategy will buy more BTC; Several U.S. House and Senate candidates will accept digital currencies for campaign contributions during the 2022 midterm elections.

43. The growth of cryptocurrencies will largely depend on macroeconomic policies, and if there is hyperinflation, interest rate hikes and accelerated tapering, crypto will enter a bear market.

44. From the forecasts of several institutions on the crypto market mentioned above, we can see that the central bank’s policy has a great impact on the whole market.

45. Cipholio believes that due to the factors such as high inflation, the Fed will re-evaluate its quantitative easing strategy and is unlikely to continue such an accommodative policy in 2022, and of course, the Fed will not directly raise interest rates sharply.

46. The Fed’s balance sheet will probably grow steadily and try to raise interest rates in the process. The policies of the Fed and other central banks will have a big impact on the trend of cryptocurrencies, and it is certain that the policy impact in 2022 will not be as friendly as in 2021.

47. In a tightening cycle, Fed policy turns hawkish and begins to raise interest rates, which stops after a number of hikes and the cycle ends. At this point, the market expects the U.S. economy to top out and begin a recession.

48. Fed tapering will push up 10-year Treasury yields, which directly leads to a rise in risk-free rates, triggering the market to rebalance portfolios away from risky assets and towards risk-free or low-risk assets such as U.S. Treasuries and agency MBS.

49. There is a close relationship between the movement of U.S. technology stocks and the direction of U.S. monetary policy and the degree of monetary policy adjustment (spreads).

50. As the Fed keeps raising interest rates and the spread between long and short-term Treasury yields approaches zero, the stock market will plunge. The price movement of BTC has a high correlation with U.S. stocks, and the price of BTC will also decline.

51. Figure 8: Interest rates, spreads and volatility of US stocks

52. Blockchain Infrastructure

53. Despite the gradual increase in investment and attention around other public chain ecosystems, the investment in the Ethereum ecosystem is still the largest.

54. Many public chains are EVM-compatible, they can easily connect to Ethereum and Layer 2, and interactions are possible between these EVM-compatible public chains, such as Avalanche, BSC, Fantom, and so on. New industry technologies and trends all start with Ethereum as the foundation and then expand to other chains.

55. Layer 1 public blockchains exploded in 2021, and they will continue to develop their ecosystem in 2022. Layer 2 projects will also accelerate in development. Infrastructure such as cross-chain bridges will play an important role in this process.

56. Avalanche, Algorand, Dfinity, Near, Cardano, Fantom, Elrond, Celo, Harmony, and BSC are the next possible Layer 1 projects that will erupt. Layer 1 will need to continue to make trade-offs and optimizations in regards to decentralization, security, and performance.

57. A Layer 0 design logic can be seen across the architecture of Ethereum 2.0, Polkadot, and Cosmos IBC, where different blockchains in the ecosystem can share a settlement layer and have interoperability. Zero-knowledge proofs have a lot of potential, and many Layer 1 and Layer 2 projects are using zero-knowledge proof technology solutions.

58. If the future is multi-chain coexistence, then scalability and interoperability solutions are the core issues. Better cross-chain solutions that help assets circulate freely in Layer 1 and Layer 2 are very promising directions for future development.

59. Coinbase believes that Ether will be more scalable, but more public chains dedicated to gaming and social media (socialfi) will emerge; the availability of Layer 1 and Layer 2 bridges will improve significantly; and zero-knowledge proof technology will gain more attention.

60. The pattern of public chain competition will continue, and ethereum is not the only chain worth participating in. More countries will follow El Salvador’s example and make BTC a legal tender. In 2022, it is very unlikely that ETH will overtake BTC.

61. Ethropy believes that the Ethereum merger will be delayed by at least 2 months and a hard fork is likely; Bitcoin’s dominance will continue to decline; the Cosmos ecosystem will generate the newest wallets, the highest returns, and TVL growth; the multichain world will continue to exist; Layer 2 projects such as Arbitrum and Optimism will overtake and replace Solana, public chains such as Terra and Avalanche.

62. As we can get from the above-mentioned predictions of several institutions on the cryptocurrency market, Layer 1 and Layer 2 are still receiving a lot of attention and cross-chain projects will play an increasing role.

63. Cipholio believes that the development and competition between Layer 1 and Layer 2 will continue in 2022. Currently, projects in the Layer 1 ecosystem have better composability, and Layer 2 has higher performance and growth potential. Also, with the development of Layer 1 and Layer 2, cross-chain projects will see growth opportunities.

64. In Layer 2 track, Cipholio has invested in Boba Network, the star project of Layer 2, which uses the Optimistic Rollup technology solution and is EVM compatible, allowing projects in the ecosystem such as Ether to easily complete the migration. Currently, Boba Network’s TVL is ranked fourth among all Layer 2 projects.

65. Web3

66. The Block believes that one of the major trends in Web3 investments is distributed social network projects. Decentralized social networks can improve the operation mechanism of current social platforms and solve problems such as privacy leakage, revenue distribution and centralized censorship.

67. Currently, the main distributed social network projects are DeSo, RSS3 and Torum. In addition to distributed social network projects, another category of interest is IoT projects such as Helium. The Block believes that for Web3 projects, interoperability and switching between applications and blockchain networks will be most important, and projects that can play a role in this process include Axelar, LayerZero and deBridge.

68. Web3 is an inevitable trend. The younger generation is no longer willing to enter into the traditional investment created by the older generation. The emergence of DeFi, NFT, GameFi and SocialFi has broken the monopoly pattern of traditional agencies and brought new profit models for creators and users.

69. Decentralized domain name service projects ENS and Handshake are worth watching. Helium is one of the strongest performers in the Web3 space so far this year.

70. From the forecasts of several institutions on the cryptocurrency market mentioned above, we can see that Web3 is receiving a lot of discussions and is a highly regarded investment trend.

71. Cipholio believes that the popular projects of Web3 include DID, distributed storage, distributed computing, social and other kinds of application projects. When the accumulation of the number of users reaches a certain threshold, the Web3 ecosystem will explode massively. In this field, Cipholio has invested in projects such as Chingari, Metavisa and NFT3.

72. Chingari is an Indian project similar to TikTok, built within the Solana ecosystem. Through the blockchain approach, Chingari empowers the creator ecosystem, reducing the cost of value exchange and using more value to incentivize creators.

73. Currently, Chingari has over 70 million total users and has millions of daily users. NFT3 is Web3’s DID system, which adds an on-chain credit system compared to other DID projects and plans to develop multi-chain interoperability. As a necessary infrastructure for Web3, NFT3 has a lot of room for development.

74. NFT, Metaverse and GameFi

75. The Block believes that NFT offers a new way for content creators to monetize creators’ work using social tokens, digital artwork, collectibles, or in-game items. As a result, NFT could disrupt the music, collecting, and fashion luxury sectors.

76. Gaming guilds such as Yield Guild Games or Avocado Guild lend NFT assets to players and earn profits from them, thus removing the barrier between players and P2E games. Meanwhile, card collecting games are the direction to watch, which will be a huge potential market.

77. Messari believes that NFT creates a different kind of digital currency economic system, which is very promising, and the potential development is expected to scale beyond imagination. Currently, the NFT infrastructure is still not perfect, such as the NFT trading platform, developer tools, etc. There are still many investment opportunities. With the development of NFT infrastructure, Opensea may eventually become a company with a market cap of $10 billion.

78. Combinable NFTs, such as Loot, will become the backbone of the new Web3 native game series in the future. Meanwhile, P2E games will explode in 2022.

79. CoinList has concluded through user surveys that gaming is the item CoinList users want to see most. GameFi will grow in 2022, while gaming-centric platforms such as Flow and Immutable X will gain major traction.

80. Coinbase believes that NFT-based communities will bring competition to Web2 and that traditional brands will begin to actively participate in the Metaverse and NFT. 1confirmation believes that unlike other categories such as fine art, collectibles, and games, music NFT has not yet grown exponentially and that the music NFT market will see further growth. SBF is expecting to see a great game produced in 2022 which integrates NFT in a way that makes games better and attracts billions of video game users.

81. As can be seen from the above-mentioned forecasts, NFT infrastructure is the focus of attention, while game projects have a great potential for growth. Cipholio believes that NFT and GameFi projects will gain a lot of attention in 2021. NFT represents verifiably scarce, portable, and programmable digital fragment property.

82. GameFi projects are constantly developing and evolving, with the emergence of high-quality blockchain games and the sustainability of the project’s token economy model. In this space, Cipholio has invested in projects such as NFTSCAN, Mintverse, and Project Seed.

83. NFTSCAN is an ETH-based NFT asset browser with core functions including NFT asset information search query, transaction record query, NFT asset position data of wallet address, etc. It is the first product in the market to provide NFT API.

84. DeFi

85. After the rise of NFT and GameFi, the development of DeFi has slowed down. Meanwhile, regulatory policies also have a great impact on DeFi. However, in terms of primary market investment, DeFi is still the most popular area in 2021. DeFi projects such as DEX and decentralized stablecoins will grow further if the regulators regulate centralized exchanges and USD stablecoins in the future. At the same time, the security of DeFi projects is a concern.

86. Liquidity management is the way forward for AMM. Since the launch of Uniswap V3, it has been increasing its share of the DEX market and is currently the largest DEX. decentralized derivatives exchange has great growth potential. ceDeFi is a noteworthy direction. In the future, DeFi users may also need to undergo KYC. more good insurance-based projects will emerge in the market.

87. Coinbase believes that many DeFi protocols will be regulated and separate KYC user pools will be created; institutions will have a greater role in DeFi; and viable DeFi insurance protocols will emerge to secure users’ funds from security breaches.

88. Ethropy believes that the total TVL of DeFi projects will exceed $1 trillion; on-chain reputation systems will replace whitelists; UST will remain the largest decentralized stablecoin and will grow faster than centralized stablecoins such as USDT and USDC; cross-chain bridges are important infrastructure for DeFi and have a lot of room for growth; locked ETH derivatives (rETH, etc.) will grow 10 times, becoming the second-largest form of collateral after ETH; KYC plus credit will increase the utilization of funds for lending projects.

89. From the forecasts mentioned above, we can see that DeFi is entering a slow development phase and the regulatory policy will have a great impact on DeFi projects.

90. Cipholio believes that top projects have dominated in DEX, lending, and other tracks, the newly launched DeFi projects have very little room for innovation in mechanism design, There are still opportunities in on-chain credit, capital utilization, decentralized derivatives, etc. In this area, Cipholio has invested in projects such as Larix, XY Finance and IQ Protocol.

91. Larix is the lending portal for the Solana public chain, dedicated to serving asset holders across the Solana ecosystem with efficient and secure crypto-asset lending services. In terms of product form, Larix uses a dynamic interest rate model to create a more capital-efficient risk management pool that allows users to choose from a wider range of collateral types.

92. Through X Swap and Y Pool, XY Finance provides a fast, secure, decentralized way to enable cross-chain transactions and aggregate returns. IQ Protocol is the first cross-chain decentralized money marketplace for digital asset leasing, allowing users to rent digital assets without risk or collateral.

93. DAO

94. DAO and social tokens are a mechanism innovation for monetizing content and changing the mode of collaboration of people on the Internet. the application of DAO is very flexible and any project can adopt the form of DAO, so DAO will attract the interest of investors.

95. In the next 10 years, the open market governed by tokens will replace the corporate system, but there are still many things to improve before this can be realized.

96. Coinbase believes that DAOs will become more mature and mainstream, and more people will join and accept DAOs, prompting a change in the definition of employment. 1confirmation believes that Investment DAOs are the best way to expose the public to high-end NFT. @bitfish1 from Cobo expects a massive explosion and maturation of DAOs.

97. From the forecasts of several institutions on the cryptocurrency market mentioned above, we can see that DAO is receiving more and more attention and adoption. Cipholio believes that DAO is an important form of organization in Web3, with new ideas of transparency, co-construction and sharing, and has great potential. However, DAO has risks, and this relatively loose structure is very unstable in bad market conditions.

98. This research article is opinion/insights only, it should not be viewed as financial or investment advices in any form. Readers are advised to do their own research and analyze the market on their own.

99.