nft: NFTs, DeFis and dApps - what are the next generation Blockchain use cases?

Blockchain and Crypto Project Consulting

What are the next generation Blockchain use cases?

The presentation of the question appears to cast a shade or two of confusion of what a 'dApp' really is. So, let's clear that up first before we go on to understand where we are headed in blockchain usecases. dApp stands for Decentralized Application or what I'd like to call, for the purpose of this write up, 'A Decentralized Userpoint' or, more aptly, 'A Decentralized Point-Of-Usage'. It goes without saying that any item or tool that helps us relate with (or express ourselves on) the blockchain can be referred to as a dApp. So, a DEX is a dApp, an Explorer is a dApp, so is a Coin or Token, and by extension, a Non-Fungible Token (NFT). Still in this same light, there are various categories of dApps depending on what they helps us achieve on (or with) the blockchain. There are Decentralized Finance (DeFi) dApps, Artificial Intelligence (AI) dApps, Machine Learning (ML) dApps, Wallet dApps, Gaming dApps, NFT dApps etc. And as in any other item or tool we use on planet earth, the use to which we put some basic dApps can overlapp to other areas, and form what I'd like to call "Composite dApps". Yes, we're heading for a 'Composite' future in blockchain applications. So, in trying to pin point the next big thing in the blockchain space, let's look out for that dApp that solves challenges in two or more aspects of our human existence as well as put more money in our pockets. Did I just mention 'DeFi' again? Well, yes, the dApp must include a good enough touch of finance for it to survive in the new paradigm that came with DeFi few months ago. As can be seen from this chart: https://postimg.cc/pm0nz4vw Smart money didn't take us seriously until DeFi broke out in 2020. Satoshi came out in the beginning with "Decentralized Peer-to-peer internet money", Ethereum extended that later on with Smart Contract and tokenization which could only take the Crypto industry to a max of $600B in market capitalization after 10 years of struggle. Then came DeFi dApps which weaved all those prior ideals and usecases into a tool that helped us make more money on top of our money on, even, rare compounded auto-pilot mode. This was what opened the floodgates that'd taken the cryptosphere to above $2T in less than 8 months. Here on out, therefore, any dApp that want to compete for user adoption in our crypto space must, in addition to being useful in one or more other industries, have a DeFi offering, and a good one at that. Sticking my neck out, I'd say the next big thing in blockchain is dApps with NFT+Gaming+DeFi offerings. And Twitter search remains my discovery channel of choice.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Twitter search.

An experienced content creator and digital marketer. I am a seasoned crypto enthusiast

What are the next generation Blockchain use cases?

Putting into consideration the way blockchain has been developing over time through the incoporation of various inventions, this simply implies that the best use case of blockchain is yet to occur. About two years back, dapp was reigning, last year it was defi, this year it is NFT. This inconsistency connotes various mind blowing invention in blockchain in the nearest future.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Experty.io

Blockchain enthusiast

What are the next generation Blockchain use cases?

I think privacy NFTs. These must be custom NFTs. An NFT that can only appear on the network at the owner's request. Thus, people will be able to keep their memories of their private lives on the blockchain for life. Memories can be used on the network by tokenizing special moments. I think this will increase people's use of blockchain

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

DappRadar, Decrypt, LunaDao(local)

Frontend Developer

What are the next generation Blockchain use cases?

I think the next big thing in blockchain use cases to come (the earliest) would be individual identity tokenization (which is being developed already by several NFT projects) and the interconnection of series of metaverses (which is by theory it is possible as it is running on the same chain). Imagine the movie Player One. 👀

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

I only use social media (mainly twitter, coingecko, coinmarketcap and medium) Also it is always nice to follow project developments through their newsletters. Might sometimes give surprises.

Graphics Designer

What are the next generation Blockchain use cases?

The Next Gen Blockchain use cases would be Blockchain games. Games are evolving like better than any other era. In this era of enriched games, Blockchain games come in handy. As players also get to know the awesomeness of NFT's, as they get more involved into the Blockchain gaming they find the platforms more enjoyable as they get rewarded by tokens or coins which they can actually redeem for real money. I really Blockchain Games should be the Next Gen Blockchain Use case in the near future or so.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

Coindesk, Decrypt etc are quite good for up to date news of cryptocurrency and blockchain industry developments

Technology - Finance - Operations - Sales - Marketing - Business Development - Leadership - Coaching - Non-stop Achiever

What are the next generation Blockchain use cases?

All aspects of beuracracy and systemic processes to create trust and accountability may be enhanced to better suit their objectives and reduce inefficiencies, with Blockchain. Any current system that requires regular audits and corrections may be augmented and adapted using Blockchain, dApps, and/or NFTs to implement processes that create true digital representations of the real world transactions and proofs. An early example may be some of the land and title registry projects on Blockchain. These digital records of a deed are essentially an NFT, and could be re-coded or converted to forms with more NFT functionalities if desired. DeFi opens the world of risk and event mitigation finance and investment. These will enable near-realtime, dynamic actuaries and oracles to provide customized insurance arrangements, results, and automated payouts. We will continue to see these develop and apply themselves within the crypto space, but insurance and captive insurance are where I believe the modern corporations, trade-associations, and governments from all backgrounds will begin to leverage these emerging technologies earliest. With great potential for opportunity and benefits to society.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

A diverse, actively managed news feed

Senior Mechanical Designer

What are the next generation Blockchain use cases?

Next generation blockchain use case may be NFT as game items and their use in liquidity pools. Actual games suffer from centralization and barriers between game platforms. NFTs could help exchanging items between different games even run on different blockchains through bridges. Another interesting use case could be social network, which could be built on blockchain to prevent censorship and give user true freedom of expression. At the same time this platform have to incorporate filters to prevent use of social for illegal activities such as paedophilia.

What is the best source to keep up to date with the latest cryptocurrency and blockchain industry developments?

In my opinion Decrypt and CryptoBriefing are the best news source.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.