X TO EARN, DAO, DIGITAL IDENTITY VERIFICATION…WHICH TRACKS COULD GIVE BIRTH TO KILLER CRYPTO CONSUMER APPS IN 2022?

Running for money, learning for money, sleeping for money, eating for money, meditating for money, etc., while X to Earn started with gaming (i.e. P2E), it has since expanded to other activities since 2022.

As we head towards a cryptocurrency correction phase, crises like this create opportunities for new consumer tech companies to emerge, and I think a few of the following tracks will look very different in a year’s time.

There are many competitors vying to seize this opportunity, and I’ve outlined below 9 areas where crypto-native products have been adopted at scale (wallets, NFT marketplaces) and several emerging areas that have the potential to become mainstream soon.

1

Trading / NFT Marketplace

Whether you specialize in NFT (non-homogenized tokens) related to video, art, gaming, or music – there is a market for it.

What is an NFT marketplace?
NFT markets are the town squares, the trading hubs of cryptocurrencies, and they have a major impact on both the popularity and perceived success of the category.

● Before NFT can become a trusted mass-market brand, they need to overcome mass-market distrust of cryptocurrencies and improve the buying experience.

● There is still a tremendous opportunity to pioneer a new niche NFT platform with world-class trust, safety, and security. Utility-driven NFTs can appeal to the mass market, and we may also see more implantation and platform commerce opportunities as off-site commerce happens.

Which Nft Marketplace Is Best?

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