What to Look for in Crypto Projects in 2022

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In this sense, it is crucial to evaluate several aspects before starting to invest in 2022, thus increasing your chances of gains and success in the world of crypto assets.

In this article, you will discover the trends for promising crypto projects in 2022.

Taking a Look Outside Bitcoin’s Realm

Despite having gone through many price swings in 2021, Bitcoin will not lose its rank as the most powerful coin on the market. However, other crypto assets have become interesting, such as Solana, Avalanche, and Axie Infinity. What’s even more interesting is that platforms like Bitlevex might be considering launching options based on these cryptocurrencies.

Another coin that will stand out in the coming year is Polkadot, as it has a protocol with the aim of connecting all blockchains, which is something very revolutionary within the cryptocurrency market.

If 2021 was the year of cryptocurrency consolidation, 2022 will be the year of their diversification. Traders will have more and more investment options, so their chances of winning are getting higher and higher.

Carbon Credit Tokens

Another trend that will get stronger in 2022 is carbon credit tokens such as MOSS (MCO2). People and companies are increasingly committed to environmental conservation, so nothing more natural than investing in a carbon credit-backed token used to offset greenhouse gases.

In this context, many crypto traders are already investing in these types of cryptocurrencies in the United States and other countries around the world.

Fan Tokens

The fan token is created specifically for a crowd and guarantees exclusive benefits, such as discounts on official products, tickets, etc. The objective is not to generate financial returns, but it is a way for the fans to support their team, generating revenue for the club. Fan tokens proved extremely popular, especially among the sports audience.

In addition, several companies are adopting cryptocurrencies as payment models. More and more private companies are investing in cryptocurrencies and using them as a form of payment.

These actions help to popularize crypto assets and consumers can use bitcoins, for example, to make online purchases. This trend will gain even more strength in the coming year.

Non-Fungible Tokens

In 2021, NFTs (Non-Fungible Tokens) experienced exponential growth and gave more impetus to the market. During the pandemic, people are more likely to look for a disintermediate way to trade or invest, and this is one of the origins of the NFT’s growth.

NFTs will remain at the top in 2022, not only because it is a driving force for creators of art or games, as they have greater autonomy over their works and make them more profitable with the help of technology, but also because it expands the crypto-assets market to a larger community.

In 2022, the trend will continue. As the metaverse concept becomes more popular and predictable, NFT technology will be applied more and more in different scenarios. As demand for them increases, companies large and small will develop their own strategies for NFTs.

Zuckerberg’s Metaverse vs. Crypto Metaverse

Many people talk about how the Metaverse will impact cryptocurrencies. However, there is a difference between the digital environment created by the company that owns Facebook, Meta, and the metaverse from a cryptocurrency point of view.

Meta (formerly Facebook Inc) proposes to be an environment under the umbrella of a single company, where the user will have different services (messages, music, bank account, etc.).

In contrast, the metaverse digital environment, from the point of view of the crypto world, is similar in format, but very different in project design.

While the metaverse of Meta would be a space controlled by a company offering its own service or that of others, the metaverse environment for cryptocurrencies is a fully decentralized space, in which services are offered by protocols located on that network (blockchain).

It is worth mentioning that cryptocurrencies focused on means of payment should also gain prominence with the emergence of the metaverse. Integration within the blockchain network will allow for the transfer of money safely and quickly, which should drive the growth of cryptocurrencies.

Stablecoins

According to the President’s Working Group report, usage of stablecoins increased by 500% between October 2020 and October 2021, and this pace of adoption does not seem likely to slow.

The main advantage of stablecoins is the stability that many of these cryptocurrencies offer, allowing crypto to be used as a transactional medium rather than a speculative investment.

Conclusion

If 2021 was the year that blockchain and crypto became the main topic of conversation and analysis, 2022 looks well-positioned to be the year that regulations and rules catch up to market reality.

It is still too early to predict how the blockchain and cryptocurrency sector will evolve, but the trend is clear: these technologies have become popular. No matter what price changes happen for specific coins or tokens, it is clear that understanding and acceptance of crypto assets must accelerate.

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