2021 was a groundbreaking year for the entire crypto community. Several countries and organizations embraced blockchain technology. As a result, blockchain adoption was widespread.
Countries like India, Japan, the Philippines all saw blockchain gain strong momentum in their regions. Others like Australia, Kazakhstan, Brazil, and the Eastern Caribbean recently opened up on their plans regarding central bank digital currencies (CBDCs).
The crypto rush also spilled into global organizations like Mark Zuckerberg’s Facebook (now Meta). Twitter and a host of others were part of the revolution. These organizations supported the crypto space, granting it more credibility than it had since it began.
More to Come?
Despite the eye-catching success recorded in the space, several project leaders are bracing for the new year. These leaders have come up with resolutions. 2022 will unfold with intense competition and rivalry. As a result, experts have given their predictions on what the market might look like.
There are whispers and speculation over the state of the bull market in the coming year. Some participants believe that the 4-year cycle is broken and expect the long-term bull market to continue into the new year. That’s despite the recent dip. Here’s a look at what crypto project leaders have in store ahead of 2022.
Yat Siu to Echo the Metaverse
The Metaverse is still a concept in its cradle stage. But Animoca Brands chairman and co-founder Yat Siu plans to be more involved in the space next year. Siu resolved to make the Metaverse as popular as NFTs were this year and bring it to mainstream consciousness.
According to Siu, his 2022 ambition is to help in constructing an open metaverse with a significant GDP. Yiu hopes for people to be “metaverse citizens with true digital ownership.”
Shashi Menon Plans Intriguing Events on Metaverse
The Metaverse will be a key trend in the new year. As a result, UNXD, a fashion platform, plans to attract new users to the space. UNXD will host a Metaverse fashion week with catwalk shows, pop-up shops, and afterparties.
The project’s founder, Shashi Menon, has his eyes set on improving fashion awareness in the Metaverse. Users can shop for clothing for their online avatars and experience fashion in Metaverse via this event.
This fashion week will take place in March 2022. Also, UNXD will partner with Decentraland for the event. The booming Fashion District in Decentraland has risen in popularity recently after a firm paid the equivalent of $2.4 million in crypto to buy virtual plots there.
CoinGecko to Focus on Education
2021 was a resourceful year for CoinGecko, founded by Bobby Ong. Despite this success, the data aggregator firm plans to focus more on education in the coming year. Bobby believes that education holds the key to wider crypto adoption. He remarked that he plans to use education to help users preserve their assets.
Several top projects, such as Grim Finance, Badger DAO, MonoX, Visor Finance, and AscendEX, suffered security breaches. These breaches led to a loss of $149 million. Speaking of his new year resolution, Bobby said, “I hope to see more people educating themselves on crypto security in 2022. Too many new users have lost cryptocurrencies and NFTs due to bad security practices.”
Jen Buakew to Make Blockchain More Accessible
To The Moon Lab’s founder, Jen Buakew, has shown how ambitious she is in the crypto space over the last few months. Regardless of Jen’s success, she believes more can happen in the crypto space.
Lay people see the crypto space as complex and impenetrable, but Jen resolves to make it more accessible to the layman. In her opinion, newbies who plan to join as traders, entrepreneurs, or investors often lack the guidance and education needed. Jen plans to supply this valuable support.
She said, “My New Year’s resolution is to inspire as many people as I can to get themselves into crypto by showing them the simplest ways where they can benefit from being part of the decentralized economy.”
Pradeep Goel to Intensify health goals
2021 was a great year for the Pradeep Goel-led Solve.Care. The health platform was a big winner from the booming telehealth field, and it intends to focus more on it. According to the platform’s CEO, Pradeep, his major focus is to provide users with more services to broaden crypto adoption. He said, “ It is my wish that in 2022, we will see greater utility and adoption of cryptocurrencies, especially for the healthcare sector.”
Blockchain projects raked in millions in revenue this year and are invading sports, fashion, and other traditional industries. The numbers show that 2022 might hold bigger growth. However, there might be policies to regulate the crypto space in 2022. Let’s watch and see. It’s time to brace up for the big year!
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