CRYPTOCURRENCY

Guide To CRYPTO TRENDS in 2022

By JaY Srivastava

July 07, 2022

Gaming and Metaverse

Blockchain gaming came into its own in 2021. Axie Infinity (AXS) led the way as it pioneered the concept of play-to-earn games. Websites like Decentraland and Sandbox Joined the Bandwagon too with their new concepts.

WEB 3

Web 3 is the next generation of the internet -- a decentralized space where people get rewarded for sharing their time, building communities, or posting messages. It's connected to the gaming and metaverses above but has wider implications.

Mass Adoption of NFT's

Currently NFT space at the moment on has approximately 350,000 active users, which is growing every second with so many blockchains opening their own NFT platforms. “The NFT space is developing into areas that help many, from individual artists to companies and everything in between."

Ethereum 2.0

Ethereum is broken. Sure it’s the most popular blockchain and I use it all the time but it will never reach true mass adoption if gas fees keep going up whenever the network gets busy - the network is literally throttling itself. Eth 2.0 is supposed to solve it and at the moment it’s scheduled for June 2022, however it’s already been delayed at least a couple of times so this date may still change.

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