What Does 2022 Have In Store For Blockchain, Crypto Assets, DeFi, And NFTs?

// It’s hard to believe that we’re already a quarter of the way through the year. In just a few months, we’ve seen some incredible milestones being achieved in the blockchain space. The industry has continued to grow and evolve at an astonishing pace, with no sign of slowing down.

Below, you’ll find my conversation with Miko Matsumura, a general partner with gCC (Gumi Cryptos Capital), a Silicon Valley investment fund with over $400 million in assets, including early stage investments in unicorns like OpenSea, Yield Guild Games, Celsius Network, VEGA Protocol, Qredo, and 1Inch Network.

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So, what can we expect in the next year? Here are some predictions for 2022 regarding blockchain, crypto assets, DeFi, and NFTs:

1. The Rise Of Privacy-Centric Coins

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As we’ve seen in the wake of the Facebook data breach, people are becoming increasingly concerned about their privacy online. Privacy-centric coins like Monero and Zcash will see a surge in popularity as more people seek to protect their data.

2. The Mainstreaming Of DeFi

DeFi is still in its early days, but we can expect it to go mainstream in 2022. More people will start using DeFi products like lending and borrowing platforms, exchanges, and wallets.

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3. The Growth Of NFTs

Non-fungible tokens (NFTs) are still in their early days, but we can expect to see a lot of growth in their use and popularity. More games, collectibles, and other applications will start using NFTs.

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4. The Rise Of Blockchain-Based Gaming

Blockchain-based gaming is still in its early days, but we can expect to see more games, collectibles, and other applications using blockchain technology.

5. The Rise Of Regulated Exchanges

As the cryptocurrency industry grows, we’ll see an increasing number of regulated exchanges, which will, in turn, be subject to stricter regulations from governments and financial institutions.

6. The Growth Of Ethereum

Ethereum is still the dominant blockchain platform, and we can expect to see continued growth in this area over the next 12 months, with more businesses using Ethereum to build their applications.

7. The Rise Of Blockchain-Based ID Systems

We’ll see an increasing number of businesses and governments adopting blockchain-based ID systems. These systems will provide greater security and privacy for users’ personal data.

8. The growth Of AI-based trading

The popularity of AI-based trading will continue rising in the next year. More investors will start using AI-based platforms to trade cryptocurrencies and other assets.

9. The Rise Of Stablecoins

Stablecoins will continue to be popular in 2022 because of people increasingly seeking stability in the crypto market. We’ll see more businesses and governments adopting stablecoins as a means of payment.

10. The Rise Of Blockchain-Based Healthcare

We’ll see a lot of growth in blockchain-based healthcare in the next year. More hospitals and clinics will start using blockchain technology to store and share patient data.

11. The Rise Of Smart Contracts

Smart contracts will continue to grow in popularity in 2022, with more businesses using them to automate their operations.

12. The Growth Of Blockchain-Based Advertising

We’ll see a lot of growth in the area of blockchain-based advertising. For instance, more businesses will start using blockchain technology to track and verify their ad campaigns.

13. The Rise Of Decentralized Social Networks

Decentralized social networks will continue to grow in popularity in the next year because they offer greater privacy and security for users’ data.

Final Words

We can expect to see a lot of growth and change in the blockchain space over the next year. These are just some of the things happening in 2022, so stay tuned for more updates!

Olga V. Mack is the CEO of Parley Pro, a next-generation contract management company that has pioneered online negotiation technology. Olga embraces legal innovation and had dedicated her career to improving and shaping the future of law. She is convinced that the legal profession will emerge even stronger, more resilient, and more inclusive than before by embracing technology. Olga is also an award-winning general counsel, operations professional, startup advisor, public speaker, adjunct professor, and entrepreneur. She founded the Women Serve on Boards movement that advocates for women to participate on corporate boards of Fortune 500 companies. She authored Get on Board: Earning Your Ticket to a Corporate Board Seat and Fundamentals of Smart Contract Security. You can follow Olga on Twitter @olgavmack.

Topics

Blockchain, Miko Matsumura, Olga V. Mack, Technology