1/ My top 10 crypto & #DeFi predictions for 2023:๐งต
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1๏ธโฃ DeFi options will explode in popularity when volatility returns.
Here's why: Robinhood earned $363M net revenue from fees in 2021 ($52M equities, $48M crypto, and impressive $163M from options).
For DeFi Options to happen UI/UX needs to improve and become mobile-friendly.
1๏ธโฃ DeFi options will explode in popularity when volatility returns.
Here's why: Robinhood earned $363M net revenue from fees in 2021 ($52M equities, $48M crypto, and impressive $163M from options).
For DeFi Options to happen UI/UX needs to improve and become mobile-friendly.
3/ There's also a huge knowledge asymmetry in option trading due to their complexity.
This could translate into massive revenue for whoever pulls off the 'Robinhood of DeFi'.
I'm following $RBN, $DPX, $LYRA, $HEGIC, $PREMIA... but we're not there yet!
This could translate into massive revenue for whoever pulls off the 'Robinhood of DeFi'.
I'm following $RBN, $DPX, $LYRA, $HEGIC, $PREMIA... but we're not there yet!
4/
2๏ธโฃ Growth of 'Modular blockchain' narrative
Modularity is how blockchains can finally scale.
Celestia, @OxMantle, and EigenLayer's restaking will be hot, but Cosmos, Polkadot and Ethereum will benefit from the narrative too.
โ ๏ธ Valuations for these new tokens will be high.
2๏ธโฃ Growth of 'Modular blockchain' narrative
Modularity is how blockchains can finally scale.
Celestia, @OxMantle, and EigenLayer's restaking will be hot, but Cosmos, Polkadot and Ethereum will benefit from the narrative too.
โ ๏ธ Valuations for these new tokens will be high.
6/
4๏ธโฃ Increased adoption of Soulbound tokens.
SBTs were introduced 7 months ago by V. Buterin et al. to enable Web3 to reach the real world economy.
SBTs represent your real identity on-chain and are not transferable.
Figure out how to speculate with SBTs, and you'll succeed!
4๏ธโฃ Increased adoption of Soulbound tokens.
SBTs were introduced 7 months ago by V. Buterin et al. to enable Web3 to reach the real world economy.
SBTs represent your real identity on-chain and are not transferable.
Figure out how to speculate with SBTs, and you'll succeed!
8/
6๏ธโฃ Cut-throat competition in the DEX space will lead to their business model diversification
Most DEXes started as Uni V2 forks on different chains.
In 2022, they added new features and expanded to other chains: Pancakeswap to Ethereum, Trader Joe to BNB Chain etc.
6๏ธโฃ Cut-throat competition in the DEX space will lead to their business model diversification
Most DEXes started as Uni V2 forks on different chains.
In 2022, they added new features and expanded to other chains: Pancakeswap to Ethereum, Trader Joe to BNB Chain etc.
9/ As DEX aggregators grow, capital efficiency for the spot market becomes crucial for survival.
To succeed, DEXes will introduce new features beyond trading to diversify and stand out.
Plus, Uni V3 license expires in April, so we'll see V3 forks and maybe Uniswap V4.
To succeed, DEXes will introduce new features beyond trading to diversify and stand out.
Plus, Uni V3 license expires in April, so we'll see V3 forks and maybe Uniswap V4.
10/
7๏ธโฃ Renewed interest in the Metaverse/VR
Apple is reportedly launching 'Reality Pro', a VR headset that will reignite crypto dreams for decentralized metaverses.
Metaverse crypto projects that manage to launch on App Store/VR could see serious gains.
7๏ธโฃ Renewed interest in the Metaverse/VR
Apple is reportedly launching 'Reality Pro', a VR headset that will reignite crypto dreams for decentralized metaverses.
Metaverse crypto projects that manage to launch on App Store/VR could see serious gains.
11/
8๏ธโฃ Growth of DeFi Lite
DeFi has grown in complexity and is not welcoming to new users.
To attract new users, protocols will introduce a 1-click simplified versions of their main features.
Example โ Instadapp Lite and Oasis Earn.
8๏ธโฃ Growth of DeFi Lite
DeFi has grown in complexity and is not welcoming to new users.
To attract new users, protocols will introduce a 1-click simplified versions of their main features.
Example โ Instadapp Lite and Oasis Earn.
12/
9๏ธโฃ At least one more major Web2 company will integrate NFTs
Reddit succeeded and showed how NFTs can go mainstream.
Other Web2 companies will stealthily introduce them without their users even knowing they use NFTs.
Teams like @0xPolygon are making it happen.
9๏ธโฃ At least one more major Web2 company will integrate NFTs
Reddit succeeded and showed how NFTs can go mainstream.
Other Web2 companies will stealthily introduce them without their users even knowing they use NFTs.
Teams like @0xPolygon are making it happen.
13/
๐ Arrival of new generation hardware wallets
2022 was the best lesson for self-custody, but it's not easy.
We have Ledger Stax and improvements for Keystone, and other wallets coming, but I hope for seedless recovery, better integration with dApps, and vastly improved UX.
๐ Arrival of new generation hardware wallets
2022 was the best lesson for self-custody, but it's not easy.
We have Ledger Stax and improvements for Keystone, and other wallets coming, but I hope for seedless recovery, better integration with dApps, and vastly improved UX.
14/ Let me know what you think? @DeFi_Dad @thedefiedge
@rektdiomedes @TheDeFinvestor @alpha_pls @Dynamo_Patrick
@blocmatesdotcom @ThorHartvigsen @defiprincess_ @defi_mochi @TheDeFISaint
Don't forget to check more predictions by other threadors below:๐
@rektdiomedes @TheDeFinvestor @alpha_pls @Dynamo_Patrick
@blocmatesdotcom @ThorHartvigsen @defiprincess_ @defi_mochi @TheDeFISaint
Don't forget to check more predictions by other threadors below:๐
15/ Korpi on ETH Withdrawals, EIP-4844, EigenLayer, zkEVM, L3s, Account Abstraction, Modular blockchains, Omnichain, New DeFi Primitives, NFTFI and AI.
16/ Rektdiomedes on BTC losing to ETH, Joe Biden, remote work, migration, NFT pump, inflation, chains vs protocols, stocks/oil reaching ATH, insanity and ... check it out yourself.
17/ The DeFi investor on 5 major narratives: Ethereum L2s, on-chain options, composable protocols, all-in-one DEX and blockchain networks.
18/ Aylo on overall crypto market, ETH & L2s, liquid staking, GameFi, AI, storage, app-chain thesis, RWAs, improved UI/UX, account abstraction, EigenLayer & Celestia and more.
19/ And check out 3 parts of @neworderDAO predictions that includes bear vs bull talk, EigenLayer, blog transactions, L3s, zkRollups, Cosmos, Celestia, stablecoins and much more:
thesis.neworder.network
thesis.neworder.network
20/ Let me know your predictions for 2023!
Follow me @DefiIgnas for more.
Like/Retweet the first tweet below if you can:
Follow me @DefiIgnas for more.
Like/Retweet the first tweet below if you can:
Actually the DSR is already live ๐
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