3 Cryptocurrency market trends

Do you know what are the trends in the cryptocurrency market that can have the greatest potential estimate for the year? Today I brought you some segments of the world of cryptography, such as Metaverse, Web 3.0, and Social Tokens, so you can stay on top of all the trends.

By 2021, there were more than 300 million people using cryptocurrencies, which is huge, but it’s just the beginning. Cryptocurrency is the fastest accepted technology in human history. As far as we know, between 1990 and 2000, the Internet adoption rate was over 63% per year.

The growth rate of cryptocurrency adoption was 113%, so at this rate, we will be approaching billions of users by 2022. How? Demonstrating this technology block chain there is more to the user’s daily life than you might think. Now I am going to share 3 segments that I think are very important for the market.

  • metaverse
  • Web 3.0
  • Social tokens

Good reading!

The first cryptocurrency market I want to highlight is Metaverse. And when I say Metaverse, I also include NFT and Gaming. There are too many brands in Metabertso that are building their image. For example, Adidas, Nike, Gucci and Vans. There are many brands ready to use in your daily life that want to have their place in Metabertso, and come and understand why.

Logistically, it’s much easier than having physical clothing. Ultimately it allows them to have a very strong brand image of the younger generation who will spend more time in Metaberse.

Many luxury brands are interested in Metavers, and brands such as Chipotle in the restaurant industry are already investing in Metavers. Most brands do not yet have a strategy for investing in Metaberts, but everyone wants to do so anyway.

I think there’s a good chance we’ll have a game next to Instagram or the next TikTok. block chain In a decentralized metaberse. What? Simply because the experience of a Metabertso will be much richer and more real than life, and finally the new generations don’t want to spend hours on the phone moving to TikTok or Instagram.

However, they will want to immerse themselves in a universe to find their friends and eventually have the same use we have on social media today, but in a Metabertso. I still believe that big companies like Meta (formerly Facebook) or Ubisoft will look closely at governments and fight to create their own cryptocurrencies, as we saw in the case of Facebook.

Their company created the hardware, as we saw with Facebook, which made VR glasses. Projects like Sandbox or Decentraland will drive the whole side of Metaverse software.

And here is a small graph showing the evolution of time spent on social media from 2002 to 2019.

Here’s a second graph that shows the average time spent on video games per week by country.

And as far as we know, Metaverse is becoming more and more a social network and will eventually confuse video game and social media. People can spend a lot of time on this for years to come. It can be scary. I know it can be hard to say “Let’s spend all our time virtual”but I think it’s something revolutionary in terms of technology.

2- Web 3.0

The second trend in the cryptocurrency market is decentralization. To understand what decentralization is, I would like to return to a comparison between Web 2.0 and Web 3.0.

web 2.0

Web 2.0 is an Internet that is dominated by companies that provide services against our data, such as Facebook, Google, Amazon, etc. In the end, we are a product of these companies for a while, and we provide data on how to use their services.

Web 3.0

Already in Web 3.0, there are decentralized applications called Daaps, where they work block chain Like Ethereum. A daaps or decentralized application would be like a Facebook, but it would not own and use our data.

In the end it’s a way of owning our data, and decentralization allows for both.

The first is to have a unique network. In Web 2.0, data is stored centrally, which means that there is a huge server in a data center where all the information is stored, and the day the data center fails, it’s a panic.

In Web 3.0, servers are decentralized. That all means block chain the database is stored on nodes, then on many servers around the world, and if one of them fails, there are still thousands of nodes on servers that have a copy of the database. And this makes Web 3.0 very robust for all kinds of attacks.

The second point that decentralization allows is the fight against censorship.

In 2017, for example, Turkey cut off access to Wikipedia, and Turks were unable to access page data stored on a centralized server. IPFS, a decentralized version of the Internet, allowed the Turks to regain access to Wikipedia.

Source: Twitter Turkey Blocks

3- Social files

Finally, the latest trends in the cryptocurrency market are social tokens, which have remained silent and will play a larger role in the cryptocurrency universe, NFT and Metavers.

A social token would allow content creators to be an artist, a writer, a streamer, eventually transferring the value of that content from centralized platforms like YouTube, for example, to decentralized networks. So eventually you are in control of all your content and regain ownership.

So social tokens allow creators to participate in social media to make money, and fans of internet content creators have a new way to interact with the creator.

And the two largest social token projects, but still very small compared to other projects in the cryptocurrency market, are:

  • Rally. So Rally.io
  • FWB so “’Friends with advantages. »

In Brazil, we have a project with a TC Crypto collaborator named Victor Carib, known as Play4Change.DAO (Home | My site (play4change.io). giving.

with the slogan “play for a better life”, Which includes financial inclusion, educational empowerment and social transformation. This is the real future!

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Finally, we also have Instagram, YouTube and TikTok. Continue!

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