With the start of a new year, the crypto market is bracing itself for the unknown. What are the main challenges and goals?
If 2022 is to test what templates the password sales market may provide to investors in the future, in fact, it is very difficult to predict. This indoor space adds cruelty and shock to the whole world.Total encrypted market capitalizationIt has fallen from $220 million to about $797 billion so far this year, a drop of just over 60 per cent. During the same period, the two largest cryptographic currencies by market capitalization, BTC and ETH--, respectively, fell 64% and 67%, respectively, and so did the sales market of Jie alt.
This decline in prices, coupled with the bankruptcy of the FTX trading center, is not what many (if any) foresaw. In addition, the aftermath of FTX's despair is not over, as some encryption projects and venture funds still keep financial accounts at the trading center.
Still, if 2022 is definitely a mess, something more efficient needs to be provided in 2023, but growth may be slow in the first quarter, if not for the first half of the year.
Will the same approach be followed in 2023?
After the terrible events of 2022, there will inevitably be a period of adjustment, stability and refocus, all of which will lead to months of thinking and busy re-belief before the sales market changes.
A major shift in the macro environment is also unlikely in the short term. The so-called "password winter" will last at least for a period of time. It's not known yet.
However, it seems obvious that due to the improvement of the sales market-and the renewed increase in self-confidence-there should be a proactive change in direction, so if adventure investors take action earlier this year rather than later this year, it makes sense. In addition, as we will read below, the estimated development trend of defi and nfts.
DEFI in 2023
Liquidity problem and attracting Retail applications
With the decline in trading volume and liquidity in the entire password industry, Defi will continue to struggle at the level of correct guidance of liquidity incentive services. Since the gradual development of DEFI, the method of obtaining this kind of passive liquidity has been constantly evolving, from liquidity discovery incentive mechanism to updated definition. Even so, this situation still exists and must be resolved in time in the new year in order to make DEFI a scalable alternative to centralized financial services.
In fact, representative rewards are an unsustainable encouragement for buying and selling and market-making, which usually lead to the cleaning of property on service platforms or "big farm countervailing". Most retail customers do not have the time or level to implement and manage their trading positions in the best way. Allowing individual investors to allocate money to the defi industry is a big deterrent.
In 2023, there should be a trend of giving to more structured goods. I interviewed one of the founding members of IceCreamMan--Jones, a litigation program related to layer 2 agreements. Discussing his structured products, he said: "for example, jUSDC is a Delta-Gamma neutral and stable vault that earns returns on blue chip stocks based on lending other Bobby structured products in a safe and transparent way and applies for enforcement through smart contracts." While this shows the inherent diversity of the Defi market for retail customers, it also demonstrates that many people are trying to optimize the process so that retail customers have access to interior space (and benefits).
Management and Control problems and attracting organizational applications
As control becomes the focus of camera attention at the end of 2022, and its ensuing variability, many departments are hesitant about buying fragmented distributed ledger technology. The idea ofPermissible deficiencyBe able to provide advice to help financial companies get rid of the problems of management and control.
In November 2022, we can seeJPMorgan Bank and DBS Bank conduct bond transactions in other countriesOn the irregular graph block chain technique in a new method that also supports verifiable credentials on the chain. I think this is the first example of the use of representative savings by large banks in public blockchain technology in 2023. I expect to see more and more government-led (if not applicable) measures that work with several market leaders and explore the choice of DEFI.
Although "breach of contract with permission" is not essentially a check and balance, it is not clear how far organizations will go in the search for customer rights and the rights, if any, they want to let go in the search for checks and balances and decentralization in the financial industry. Most likely, there will also be an anxiety connection between customers choosing a real original encryption service platform-such asXGO-traditional financial companies that assist in communicating with applicable customers' DEFI feelings and trying to use the benefits of DEFI to provide services to their customer base.
NFTS in 2023
The combination of games, virtual reality technology and NFT
As an area, the new NFT profile Picture project has focused on integration into an interoperable illusory world. The direct evidence of this has been increasing significantly in 2022, and this trend is likely to continue until 2023.
Otherdeed, Cooltopia and Spacedoodles have spent a lot of time, energy and money on their corporate finances, but they still represent only the tip of the upcoming gamification glacier. In this way, it is not known whether the urgent incarnation will really be a real blockchain technology.
At this stage, the reliability and sustainability of Web3 games are caused by Axie Infinity and content payment problems in all aspects, which will stimulate a wave of other built-in reliability products.
In addition, the ecosystem at the beginning of 2023 is in danger of overreacting, and it is designed to insulate itself from the dynamic prosperity and gloom of most password speculation. My family is very likely to create a simple, unpublicized game player feeling, feeling like the current traditional short video game of high imitation.
Even so, we haven't seen a virtual reality technology generalize with the game "my World". The coming year will show that tokens socioeconomics, gamification and speculative risks will have to be applied in a physically and mentally healthy and responsible manner. It is done by these channels that use NFT and encrypted money to play games, rather than using this role as all marketing promotional planning. Gamers should be unwittingly exposed to this technology.
More importantly, as people enter 2023, a battle has taken advantage of the situation. There are mainly two new ways of Web3 game development and design: encryption companies in the game field and game enterprises in the encryption field. The newly registered company created the Web3 action combat game by external Machine ZoneCEO Gabriel Leiden (Gabriel Leydon), which made coveted Upton, Mariakai and Arrod Dwayne Johnson happen on everyone's LCD TV screen.
"people talking about Web3 games seems to be the inevitable trend of the future," Leydon said, adding, "that's not the case. This requires everyone to design and build it properly. Limit Break plans to include Web3 elements in the "completely free game" game, which is a far cry from the "original password first choice" approach in 2022. The reality is that generally no more than 5% of mobile game players pay for other things, so such people need to be included in order to be selected on a large scale.
Because I'm involved in these two projects, I'm looking forward to seeing NFT-- 's $450 million raised by Yua Labs (plus skills from Eminem and Snoop Dogg)-- how to match the game-- the first to raise $200 million out of limits (plus $6.5 million from its 2023 Super Bowl ad).
The last thought
Fully considering all the conditions above, it is not easy to accurately predict the results of the analysis in 2023, but what is certain is that it will be different and proactive and interesting. Full of proactive development prospects, and its opening up space map, Defi will find ways to integrate into the fashion, whether there is a level of distributed ledger games to attract everyone? Many important and correct answers will be published in password this year. Please look forward to it.
Digi516Is a long-time password researcher and NFT enthusiast. After working in risk control systems and information / business analysis, these people have 6 years of financial management experience in XGO and more than 4 years of proactive community governance experience.