2022 Prediction #9: Web2 Companies’ FOMO
January 13, 2022
Web2 companies are dominating the market nowadays. They are led by FAANG or MAMAA or GAMAM. Big Tech is what people usually refer them to as. Companies like Alphabet (Google), Amazon, Apple, Meta (Facebook), Microsoft, and Netflix. However, cryptocurrencies make them FOMO…
2022 Prediction #8: Metaverse and NFTs
January 11, 2022
Metaverse is not just 3D modeling for the existing world. So why bother to remodel every physical world in a 3D model? Why do we need Metaverse anyway? I think Metaverse is a digital world that runs by programmable rules and voting governance to improve with digital…
2022 Prediction #7: NFTs-Based Communities - DAO 1.5
January 9, 2022
There are many debates about how much NFTs are actually worth it. Perhaps the question is not about NFT itself but what runs behind the NFT. NFTs-Based Communities are ideas that NFTs create for membership and identification of a group or organization to believe something…
2022 Prediction #6: Defi Insurance
January 7, 2022
Insurance is a contract with conditions to prevent further losses when the projected risks become real. Insurance is purposely designed to confuse users so that they can purchase the insurance to believe they are financially hedged and in reality, they are not. It is a magic…
2022 Prediction #5: Institutional Crypto Adoption
January 6, 2022
People had cheered about institutional adoption of crypto in 2021. Rethink again. Does institutional adoption really help crypto communities or are they making another stock market that will be rigged or turning Defi into another bank? TL;DR Institutional adoption of…
2022 Prediction #4: Regulated Defi On-Chain KYC
January 5, 2022
People wonder what regulations? You are right. The government kept urgently thinking about regulations and they just cannot come up with something on their minds because crypto is a very new technology that they have never been able to capture and use the existing…
2022 Prediction #3: Zero-Knowledge Proofs or ZKPs
January 4, 2022
Zero-Knowledge Proofs is a Defi way to answer regulatory compliance in a decentralized way. Since 2021 crazy runs of Defi and the hype to replace the current financial system, regulators are urgently working to put up bank regulations to pressure Defi to comply.
2022 Prediction #2 L2 Bridges
January 3, 2022
Bridge from layer 2 is one of the scalability solutions. Since layer 1 has set a foundation for blockchain to operate, upgrading layer 1 may cause unnecessary disruption on existing operations. The bridge is a perfect choice for blockchain with massive traffic while seeking…
2022 Prediction #1: L1 Scalability
January 1, 2022
I start this series just to express my opinions about what crypto may evolve in 2022. Maybe it will not but my hope is they can do better. With more and more users joining the crypto universe, scalability is a challenge for Layer 1 platforms such as Ethereum and many…