defi: Crypto themes and trends worth following in 2022
Writer | Crypto enthusiast| CM| MOD
Which upcoming crypto themes are worth following in 2022?
DeFi Protocols are becoming CeFi. More DeFi protocols are becoming CeFi. To understand this, we need a little bit of background analysis of the crypto industry. The idea behind cryptocurrency and Blockchain is to bring about a decentralized world where no single institution is too powerful. But this vision got eroded because it was hard to get cryptocurrencies without a central marketplace where buyers and sellers could trade. This situation brought about the centralized exchange (CEX). Mt.Gox was one of the first major CEX that failed; many CEX now exists. Everything became centralized until Ethereum allows programmers to create Dapp through the smart contract. Now, you can trade crypto and carry out other activities without going through KYC and other features common to CeFi. Thanks to the Ethereum smart contract and a host of layer 1 Blockchains, we now have Defi platforms like Uniswap, makerDAO, Pancakeswap, etc. It is important to note that CeFi is different from CEX: while CEXs could be CeFi, all CeFi platforms are not CEX. For instance, Binance is a CEX and CeFi platform, but Ledn is a CeFi but not CEX. Also, DeFi is different from Decentralized Exchange (DEX). The main difference between DeFi and CeFi is that DeFi runs on protocols that depend on technology without a central data collection. You don't need your email to run a DeFi platform. CeFi has a Central data collection, and it runs with a lot of human intervention. The structure of DeFi app is thus; Frontend - Blockchain The Structure of CeFi app is thus Frontend- Backend- Blockchain Many platforms that claimed to be DeFi are now housing a backend to collect individual data through KYC before you can use their service. This is an attempt to follow government policies. Government policies across many countries are positive to CeFi and very unfavourable to Defi and this is making more DeFi platforms to install the features of CeFi which undermine the whole Defi ideal. Many platforms that claimed to be DeFi are now housing a backend to collect individual data through KYC before you can use their service; this is an attempt to follow government policies. Government policies across many countries are favorable to CeFi and very unfavorable to Defi; this makes more DeFi platforms install the features of CeFi, which undermines the whole Defi idea. CeFi growth is a growing trend, and it will continue in 2022 because the government will continue to place restrictions on decentralized protocols.
Why this trend will gain traction? Justify your answer.
Government policies across many countries are favorable to CeFi and very unfavorable to Defi; this makes more DeFi platforms install the features of CeFi, which undermines the whole Defi idea. CeFi growth is a growing trend, and it will continue in 2022 because the government will continue to place restrictions on decentralized protocols.
Shijin TInvestor
Which upcoming crypto themes are worth following in 2022?
Cross chain Defi and L2 solutions have already started impacting the whole ecosystem. GameFi , NFTs and metaverse are going to thrive even more in coming days.
Why this trend will gain traction? Justify your answer.
The shared trends have already started gaining the momentum, and overall crypto ecosystem supports these trends very well. Innovations in these domains are happening in great pace.
Hida yatengineer
Which upcoming crypto themes are worth following in 2022?
share to earn upcoming crypto themes are worth following in 2022 soon will be to the moon except Play-To-Earn, Wear-To-Earn, Proof-of-Gaming, DeFi, DAO, NFT, Web 3.0, and Metaverse
Why this trend will gain traction? Justify your answer.
this trend will gain traction cause many people want to share each other it will will become Crypto themes and trends worth following in 2022
ajayi samuelSoftware engineer
Which upcoming crypto themes are worth following in 2022?
The best meme coin is egg finance. Battle night is one of the next leading defi platform can't wait for this platform to go to the moon...
Why this trend will gain traction? Justify your answer.
It because you can have all your assets in one place.. keep in touch with your asset in one single place It going to be the best ever In the defi platform
Miguel Rodríguez GarcíaInvestment, B2B sales, business developent, marketing.
Which upcoming crypto themes are worth following in 2022?
Yield farming as a service probably going to be important. I guess Defi 1.0 tokens are going to be relevant this year too as much scam projects have been washed out
Why this trend will gain traction? Justify your answer.
There is a lot going on in Defi and lots of scams and people starting to understand most projects are going to be yield farm to oblivion............
blaž PrzybylskiFun
Which upcoming crypto themes are worth following in 2022?
For me iz very interesting Play to earn defi , nft And metavers Look very interesting And Have a lot of potencial to Grow up in the next years
Why this trend will gain traction? Justify your answer.
Because it is still quite new in crypto waters and it appears to indicate a wider development - it is increasingly being used .And of course crypto space still has plenty of room for new development
Ecep RohmatTrader
Which upcoming crypto themes are worth following in 2022?
Metaverse web3 and NFT gaming… this year for metaverse project i thing, a year ago Crypto booming with NFT, DEFI, DEX, DAPPS and other…………..
Why this trend will gain traction? Justify your answer.
Many project for metaverse, this era digital… people trust technology often real life… im very interested to metaverse project… its a good idea
eka permanamarketing
Which upcoming crypto themes are worth following in 2022?
2021 was full of constantly growing trends. We were witnesses of the growth of such sectors as Play-To-Earn, Wear-To-Earn, Proof-of-Gaming, DeFi, DAO, NFT, Web 3.0, and of course Metaverse. It's time to dig deeper and discover new crypto themes, which are going to move the crowds.
Why this trend will gain traction? Justify your answer.
2021 was full of constantly growing trends. We were witnesses of the growth of such sectors as Play-To-Earn, Wear-To-Earn, Proof-of-Gaming, DeFi, DAO, NFT, Web 3.0, and of course Metaverse. It's time to dig deeper and discover new crypto themes, which are going to move the crowds.
Bankole OluwamayowaWeb developer
Which upcoming crypto themes are worth following in 2022?
It is no longer a news that each year has a theme trend it follows to shake the cryptospace. Like defi last year, I believe layer 0 projects will shake the cryptospace this year. It has begun its magic last year but did below it wide usecase. This year should be a good for projects built on layer 0
Why this trend will gain traction? Justify your answer.
Layer 0 supports various consensus algorithms and P2P systems, such as proof-of-work, proof-of-stake, proof-of-activity, proof-of-reputable observations, directed acyclic graphs (DAG) and more to optimize network topology. Layer 0 compliments the three significant pillars of blockchain which are scalability, neutrality and adaptability-supporting block encryption and hiding the block’s origin using P2P relaying.
Malikus Shofa muhammadfreelancer
Which upcoming crypto themes are worth following in 2022?
Web 3.0 and DAO the future, not just hype season, im bullish on them They provide transparent data not like defi which still control the investor
Why this trend will gain traction? Justify your answer.
The good thing about the adoption of web 3.0 by DAOs is that they allow for safe interactions with strangers. This point cannot be overemphasized, especially when it has to do with entrusting or committing funds for different purposes, just like the point I highlighted about Earth Fund’s project funding.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.