Shiba Inu, Floki Ilon Musk – don’t dare buy these coins unless you want to ride up or down a roller coaster. Let’s break down 5 trends that will probably be popular and take off in 2022.
5 top cryptocurrency trends (2022)
1. GameFi – Play to Earn
And its various offshoots. Now it is – Move to Earn! For example, the StepN project of this direction has given staggering profits to people who entered it at the start, and continues to delight users with good earnings. The only thing is that the startup cost has increased. You can take a closer look at similar projects that are being launched. And this trend is growing like a snowball, releasing one after another Move to Earn projects, as well as Learn to Earn, one of the latest examples is LET ME SPEAK.
People like to have fun with everyday things and get excited about games and make money with it. A lot of funds are investing in the GameFi sector.
Watch the development of projects M2E can be on these resources:
The virtual world is not far off. There people will be able to communicate, do business, buy land, order advertising, work, earn money and much more. Projects that create NFTs for Metaverses with the ability to move those NFTs among different worlds will be especially popular.
Let’s look at some examples:
- The Sandbox – Virtual World or Metaverse – consisting of digital real estate plots purchased with LAND tokens, where players can become digital property developers and interact.
- Companies like Meta are betting big on the Metaverse as the next iteration of the Internet, where people will work, play, communicate and shop in ways that can make money from them. An unknown buyer recently paid $450,000 for a piece of virtual land near the “residence” of rapper and businessman Snoop Dogg.
- Enjin Coin is another metaverse product from the world of cryptocurrency focused on gaming, this time focusing on turning its token into a digital asset for in-game items. Enjin’s goal is to become “the largest online gaming community platform,” and it already has 250,000 gaming communities with a total of 18.7 million players. Enjin Coin are NFT innovators, and the token they invented has been approved as the Ethereum token standard for specialized NFT – ERC-1155. Like The Sandbox, Enjin distributes software development kits (SDKs) to developers to facilitate rapid deployment of game integrations.
- Decentraland is similar to The Sandbox in its virtual world aspect and is another solid cryptocurrency for investment. It also has LAND tokens, which are purchased with an ERC-20 compatible MANA token running on the Ethereum blockchain.
Again, NFTs are used to transfer ownership of digital real estate. And, just like in the real world, the most valuable EARTH is in the busiest places.
NFT-focused Tokens.com has spent nearly $2.5 million on LAND in the virtual world, a sign of the growing interest in the Metaverse and the commercial opportunities it offers.
And at the end of January, the first Metaverse mortgage was signed. On January 29, TerraZero, a vertically integrated Metaverse, provided financing for one of its customers to buy property in Decentraland.
While Mark Zuckerberg’s metaplatforms are spending billions to build their Metaverse, cryptosystems have been quietly building an “open” Metaworld for a number of years and at a much lower cost.
3. Cryptocurrency mixers and anonymity
A lot of big uncles want everything under their control, they want to know every wallet and the person who owns it; they want to keep everything in their hands. And cryptocurrency is what? It’s anonymity. Not everybody wants to put their meatballs out in the public eye. Many will start using mixers so that cryptocurrency can’t be traced, while still maintaining anonymity.
The important thing here is to be careful and use reliable and trusted mixers. List of current mixers:
DAO – decentralized autonomous organization. The translation from Chinese is “path”. Over time, more and more companies will move to DAO. Companies that can create decentralized autonomous organizations with various modules, tools for reporting, fundraising, voting, etc. will be popular.
5. Cross-chain Bridges
Users who use different blockchains are tired of constantly adjusting to them. This can be circumvented through centralized exchanges, where you can put a token in one network and withdraw it in another. However, this method is becoming less and less popular for a number of different reasons, especially the lack of anonymity. More and more people are learning about the possibility of crosschain swaps, where you can easily transfer a token between networks.
Most importantly, don’t forget about DYOR (Do Your Own Research): do your own research on projects.
Do you think these trends will take off well in 2022? What other trends do you think you can spot?