Author: Kevin (Analyst from Cipholio Ventures)

I-Digital currency market

• Cipholio

1. Quantitative Easing Policy will not continue to be implemented in 2022
2. The price of BTC will have a high correlation with U.S. stocks
3. The direction of U.S. monetary policy and the degree of monetary policy adjustment (spread) will have a great impact on the market

• Messari

1. Central bank interest rate hike will hinder market development
2. The most likely scenario is diminishing growth till the end of the first quarter, and followed by a bear market
3. BTC will be more accepted and recognized by more institutions
4. ETH is unlikely to overtake BTC in this year
5. Not bullish on privacy coins like MEME coin and Monero

• Coinlist

1. More countries will follow El Salvador's lead in making BTC legal tender
2. ETH is unlikely to overtake BTC in this year

• Bloomberg

1. BTC and ETH will gain wider acceptance
2. The possibility of the whole market falling by more than 50% is not high
3. Central bank policies will have a big impact on digital currencies

• Bankless

1. Total market capitalisation exceeds $5 trillion
2. BTC will be positioned as legal tender by another country
3. ETH market cap will reach 1 trillion

• Ethropy

1. More countries will adopt BTC as legal tender
2. Institutional and individual investors will buy more BTC
3. Macroeconomic policies have a great impact on the market

II-Blockchain Infrastructure

• Cipholio

1. The development and competition between Layer 1 and Layer 2 will continue
2. The projects in Layer 1 ecology have better composability, while projects in Layer 2 ecology have better performance and higher potential for development
3. Cross-chain projects will encounter development opportunities

• The Block

1. The ecological construction of the Layer 1 public chain
2. Layer 2 projects will also accelerate the development
3. Cross-chain bridge projects will play an important role

• Messari

1. Algorand, Dfinity, Elrond and Celo are the next possible outbreak of Layer 1 projects
2. Layer 0's architecture design is worthy of attention
3. Many projects will use Zero-Knowledge Proof as technology solutions
4. Cross-chain and interoperability is a very promising direction

• Coinbase

1. Ethereum’s scalability will be better
2. There will be more public chains dedicated to games and social media
3. The usability of Layer 1 and Layer 2 bridges will be significantly improved
4. Zero-Knowledge Proof technology will gain more attention

• Coinlist

1. The public chain competition will continue its pattern

• Bloomberg

1. There will be fierce public chain competition in 2022
2. Ethereum is leading new technologies and trends

• Bankless

1. Ethereum 2.0 merger will complete
2. TVL of Layer 2 reaches $25 billion

• Ethropy

1. The dominance of BTC will continue to decline
2. Cosmos ecology will generate the most new crypto wallets, the highest returns as well as the biggest TVL growth
3. Multi-chain competition pattern will continue to exist
4. Layer 2 projects such as Arbitrum and Optimism will overtake and eventually replace public chains such as Solana, Terra and Avalanche

III-Web3.0

• Cipholio

1. Web3 is the investment trend of the whole industry
2. Web3's popular projects include DID, distributed storage, distributed computing, social networking and other kinds of application projects
3. When the accumulation of Web3 users reaches a certain threshold, the Web3 ecology will boom massively

• The Block

1. Distributed Social Network Project is one of the main trends of Web3 investment
2. Another category that is worthy of attention is IoT project such as Helium
3. The interoperability and switching capability between applications and blockchain networks are very important

• Messari

1. Web3 is an inevitable trend
2. Web3 brings a new profit model for creators and users
3. The decentralized domain name service projects like ENS and Handshake deserve attention
4. Decentralized storage projects have tremendous rooms for development

IV-NFT, Metaverse and GameFi

• Cipholio

1. NFT’s infrastructures deserve continuous attention
2. High quality blockchain games will emerge
3. The tokenomics of P2E projects will have sustainability

• The Block

1. NFT provides a new paradigm for content creators
2. Gaming guilds remove barriers between players and P2E games
3. Card collection game is a direction worthy of attention

• Messari

1. The potential of scale of development in NFT is beyond imagination
2. NFT infrastructure is not yet perfect, there are still many investment opportunities
3. Composable NFT, such as Loot, will become the pillar of the new Web3 game series in the future
4. P2E games will boom in 2022

• Coinbase

1. NFT-based communities will bring competition to Web2

• Coinlist

1. GameFi are the projects that CoinList users wanted the most
2. GameFi will continue to grow
3. Platforms like Flow and Immutable X will gain more attention

• Bankless

1. NFT sales reaches $30 billion

• 1confirmation

1. NFT Music market will be further developed

V-DeFi

• Cipholio

1. DeFi is entering a slow development phase
2. Regulatory policies will have a great impact on DeFi projects
3. There are already leading projects in DEX, lending and several other tracks; therefore, there is very little space of innovation for DeFi projects in terms of mechanism design.
4. There are still opportunities in the direction of on-chain credit, capital utilization, decentralized derivatives, etc.

• The Block

1. Regulatory policy has a great impact on DeFi
2. Projects such as DEX and decentralized stable coins will further develop
3. The security of DeFi project is a concern

• Messari

1. Liquidity management is the direction of development for AMM
2. Decentralized derivatives exchange has great development potential
3. CeDeFi is a noteworthy direction
4. More insurance-related DeFi projects will emerge

• Coinbase

1. Many DeFi protocols will be regulated and isolated KYC user pools will be created
2. Institutions will play a greater role in DeFi
3. Feasible DeFi insurance protocols will emerge

• Ethropy

1. Total TVL will exceed $1 trillion
2. Blockchain-Based Reputation System will replace whitelist
3. UST will be the largest decentralized stablecoin
4. KYC plus the implementation of credit will improve the utilization of funds for lending protocols.

VI-DAO

• Cipholio

1. DAO is an important form of organization in Web3, with great potential
2. DAO possesses risks, and with its relatively loose structure, it tends to be very unstable when the market condition is bad.

• The Block

1. DAO and SocialFi tokens are a kind of mechanism innovation for monetizing content
2. The application of DAO is very flexible, and any project can adopt the form of DAO

• Messari

1. In the future, an free market governed by tokens will replace the corporate system
2. DAO will be the future organization form of venture capital
3. 2022 will be the year of DAO

• Coinbase

1. More people will accept and join DAO

• 1confirmation

1. Investment DAO is a way to expose high-end NFT to the public.

Disclaimers

This article is the author's analysis and opinions only and should not be taken as or constitute any form of financial advice. Readers are advised to analyse the market rationally and think independently.

Full Version of the Article:

Contact us: