Knowing what sectors to keep an eye on in 2022 is a game-changer. In crypto, there are many different strategies and variables, but more often than not, it’s worthwhile to learn, understand, and become knowledgeable in a select few areas than trying to spread yourself thin by gathering bits and pieces of everything. So here are 5 areas in crypto this year that will likely be worth getting involved in.
1. The Cosmos Ecosystem – Projects within the Cosmos ecosystem such as Crypto.com and Terra Luna had a very strong second half of 2021. There are also good signs for more projects within the ecosystem to continue this momentum. Cosmos has strong interconnectability that allows its blockchains to work together. Data sharing, permissionless for all tokens and cryptocurrencies, backup security patching, liquidation stability, and so on.
2. Projects that show strength during a mostly bearish market – Projects that people are willing to continuously back even while the whole market is near-entirely down are most likely an omen for a strong medium-term future. Do you due to diligence to understand why the project is on an upward trend while everything else bites the dust. As well, follow a core process or system and make sure it all boxes are ticked for what makes a strong crypto project. But generally speaking, it’s always worth investigating when something has enough power to swim upstream.
3. NFT projects with real value attached – As you would’ve already read in the article above, finding NFT projects that have more perks, benefits, or rewards inside the contract other than just owning the image itself can separate that NFT project from 95% of others. In the same way, NFT projects that allow access to an exclusive community, have unique properties in a play-to-earn game, or perhaps give you discounts on real-world purchases are just a few examples of what NFT’s can do.
4. ZK Roll-up Scaling – Zero-Knowledge Roll-ups are the ultimate and nearly untapped scaling solution that solves a key problem that layer 1’s (such as Ethereum) have not been able to fix. It’s now a race between projects to see who’ll be able to attract the most users and bring the best interconnectable technology to the layer 1’s. As of right now, ZK Sync, Loopring, Immutable X, and Starknet are emerging ZK Roll-ups that would be worth comparing and learning about if you want to start getting involved in the space.
5. Gaming Crypto – By now it’s quite known that gaming Crypto of any kind has massive potential. From Axie Infinity’s blow-up in 2021 to The Sandbox, Gala and Decentraland, there are multiple examples of massive success and strong gaming communities already within the metaverse and crypto. If you’re a gamer or perhaps just want to be involved with the best of games, here are a few things to do. First of all, learn about and immerse yourself in the space. Make sure you’re aware of what’s happening in crypto gaming and explore further when there is big news. Be sure to set a list of fundamentals that you’re looking for that make up a strong game. And finally, play it! You’ll never know how good a game is until you’ve actually got into the dirt and tried it out for yourself.
