Decentralized finance and non-fungible tokens are the two most promising areas of the past year. These are the areas whose influence has allowed enthusiasts to form their own contemporary art market around cryptoassets and even to offer related cryptocurrency-based financial services, such as crypto loans or, for example, deposits. (in other words, the staking).
Popularization of the cryptosphere
Previously, gains in the cryptoassets market were limited only to trading and for investment, today this area is full of proposals of different types, among which even the most picky of enthusiasts will find something that will please him.
Non-fungible tokens (NFTs) have not only become a window to the world for the creations of thousands of unknown artists, but they have also proven to be a shooting star, attracting celebrities and even famous brands to the market. Game companies, producers of miscellaneous products, movie brands, sports teams, all have turned to NFTs and used them as a new method of interacting with their fans, allowing them not only to participate. directly to the life of their idols, but also to earn money.
It is no exaggeration to say that NFTs have made the dream of many crypto enthusiasts come true. They have become the force that has attracted many new players to this market. Most likely, the long-awaited popularization of the cryptosphere began with the world’s growing interest in non-fungible tokens.
The future of DeFi and NFT in 2022
Today, crypto enthusiasts aren’t the only ones issuing their own NFTs. This trend is also popular among famous game studios, like Ubisoft and GSC Game World (the developers and editors of STALKER 2). Although at this stage these initiatives do not find support from the gaming community, in the future they could be a further step towards a series of revolutionary new developments in the gaming world. For example, using the same game items in several different virtual worlds, or making money for players by playing video games.
What future awaits DeFi and NFTs in the new year 2022? It’s no secret that many developers and even companies are interested in creating what is called the metaverse. It’s a technology at the junction of NFT, DeFi and video game development that has already been named one of the most promising investment destinations.
NFTs and DeFi, as we know them, are not going to go away. On the contrary, their popularity will continue to grow as enthusiasts continue to combine these two spheres, thus creating new and increasingly promising products.
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Jade Moreau
The blockchain offers so many possibilities! After NFTs and the metaverse, who knows what this technology can still offer us? This universe fascinates me and I love to read and write about it. I wish you so much fun reading me!