All crypto enthusiasts will agree that 2021 has become a year of rapid development in new directions in the blockchain industry. At this time, the crypto market has reached a capitalization of 3 trillion dollars. Do not forget that China has imposed a ban on the use and property of cryptocurrencies. Despite such dramatic changes, new directions have emerged in this industry, gaining momentum at a breakneck pace. These include decentralized finance, NFT, and Metaverse.
Currently, there are already many projects, such as Saddle, Bored Ape Yacht Club, Sandbox, and so on, which have gained immense popularity. But now, there are huge discussions in the crypto community about the direction to invest in to get as much profit as possible. Each person decides for himself, but the best way is to participate in different projects. It is the only way to get the maximum benefit. Below, you can find out the most promising areas for investing in Metaverse, DeFi, and NFT.
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New NFT trends
Non-fungible tokens are a new kind of virtual asset used to indicate ownership of any unique item. In most cases, these tokens are applied for the property of works of art but can also be used for illiquid assets, such as precious metals. One of the first bright explosions of NFT occurred after selling a piece of virtual art for a record $69 million.
NFTs have become widely used in the gaming industry. It is thanks to such tokens that customers can gain access to rare items or skills, as well as unlock unique features during the gameplay. The boom happened right after Ubisoft developed its blockchain game. Currently, NFT is applied in Play-to-earn games, such as Axie Infinity. These gaming options allow not only to have fun but also to gain profit. NFTs are now making it much easier for artists to verify ownership.
Reasons to follow DeFi projects in 2022
If non-fungible tokens are interactions with the environment, DeFi offers an infrastructure for financial transactions. One of the main trends in decentralized finance in 2022 is the integration of virtual assets with conventional forms of finance.
Thanks to this, the value of tokens will increase significantly, which will open up many new opportunities for earning profit. Issuers are among those who are well aware of all the benefits that new DeFi technologies offer, significantly when raising new capital. In addition, the introduction of new functionality can facilitate digitizing all real assets.
Previously, various financial institutions and individual investors were concerned about the lack of control over the DeFi sector. But now, most companies work on introducing a KYC procedure, which, combined with compliance with international law, can attract even more assets to decentralized finance. Because of this, crypto enthusiasts should consider investing in several DeFi projects.
Promising Metaverse technologies
Metaverse has arguably one of the most significant growth opportunities this year, with massive investments from IT giants like Facebook, Epic Games, and others. This trend is just beginning to gain popularity. Therefore the sooner people start investing in this technology, the more income they can get soon. Here, there are a few main directions for the development of the Metaverse:
- Fashion. H&M recently launched its virtual store in the CEEK Metaverse. Customers can make purchases using internal tokens. There are prospects for the creation of other similar outlets.
- Metaverse coins. For maximum immersion in the virtual world, it is imperative to use the internal currency. These are usually separate tokens, which also have substantial growth prospects.
- AR/VR technologies. Many companies developing Metaverse are striving to create a world using augmented reality. Such technologies can increase immersion in the gameplay.
Given the considerable interest in Metaverse projects by such companies as NVidia, Tencent, Snap, and others, this direction will only expand. In addition, by the end of the year, it is planned to release more than 100 new projects. Even without participation in the gameplay, crypto investors can earn unique tokens. That is why it is necessary to pay attention to the study of this topic.
