13 future crypto tracks you must pay attention to

This article summarizes the views of crypto researcher Pastry on his personal social media platform. BlockBeats compiled and translated them as follows:

In the crypto world, timing of investment is critical, and getting into an emerging industry early may be your best chance for success. Here are some potential narratives that I think will see significant growth in the next few years:

1. Liquidity Staking

The Ethereum mainnet’s shift to Proof of Stake (PoS) will be an important turning point for the crypto industry.

However, it also has certain limitations: users need to stake at least 32 ETH and need to lock up their funds.

By using protocols such as Lido, users can deposit any amount of ETH and obtain equity certificates that can be traded freely.

2. Fragmented NFTs

What would it be like if 1 million people could own the Mona Lisa?

This is of course impossible with physical collectibles.

However, NFTs can be divided into thousands of pieces. This opens the art industry to more investors and removes the high cost barrier for users to enter the market.

3. Social Tokens

Social influencers need better ways to monetize their work and further engage with their fans.

Currently, creators are restricted by the platform and are forced to hand over their profits to these intermediaries.

Using social tokens, creators can tokenize their communities and reward themselves and their fans for their contributions.

4. Options

In the stock market, nearly $500 billion in options are traded every day.

Throughout 2021, options trading volume between BTC and ETH alone reached $387 billion.

Options are an emerging industry in the crypto space and as the market matures, the industry is bound to grow exponentially.

5. Zero-knowledge proof

V God said that ZK Rollups will handle the vast majority of Ethereum transactions in the long term.

These technologies allow L2 public chains to confirm their status to Ethereum in a timely manner and achieve large-scale popularization of privacy protection and scalability.

6. DAO Tools

From an operational and management perspective, DAOs still have many issues to address, which requires innovation in DAO tools.

Protocols that help address issues of decentralization, accountability, legality, and contribution in DAOs are likely to be a hot area in 2022.

7. Cross-chain bridge

Today’s top blockchains store trillions of dollars in value, yet these ecosystems are disconnected from one another.

As these ecosystems continue to develop, the need for protocols that facilitate cross-chain asset transfers, data scalability, and decentralization will become more apparent. (Note from Ludong: Currently, cross-chain bridge solutions are risky and readers need to make their own judgment)

8. Foreign exchange market

The foreign exchange market is estimated to be worth $2.4 trillion, and despite its huge size, it is mainly kept in the US dollar system, and the crypto industry has hardly captured this value.

The popularity of non-USD stablecoins will be a key driver for billions of users to join the crypto ecosystem.

9. DAO Non-Governance

As DAOs have grown, their limitations have become more apparent.

As long as a control system involves human intervention, there will be adversary risk.

One potential solution to this is the de-governance introduced by Reflexer, which aims to gradually remove the human element of control over time.

10. Airdrop

Airdrops are an effective way to help protocols build their communities.

Recently, airdrops have become a tool for vampire attacks against other platforms, such as the LOOKS airdrop.

I expect these vampire attacks to increase the level of reliance users have in trying to replace centralized organizations.

11.PoS MEV

The transaction sorting process in ETH 2.0 will be the same as the current PoW mechanism, which means that there are still MEV opportunities in ETH2.0. The only difference is that validators replace miners and are responsible for the transaction sorting process.

12. Rollups

After Ethereum's Rollup-centered development roadmap is determined, Rollups will play an increasingly important role in ETH 2.0 after switching to PoS.

The merger with PoS will make it the most secure and decentralized consensus layer, while data sharding and Rollup will be able to support throughput of up to 100,000 TPS.

13. Tokenized community gating

The de-platforming nature of the crypto world allows for some interesting use cases to be merged.

For example, Guild.xyz allows users to create gated access to any platform with advanced logic requirements, such as NFTs, properties, tokens, whitelists, and more.

The blockchain ecosystem is still innovating and evolving rapidly, and while no one can predict the future, we can at least infer the direction of progress.

Advances in areas such as NFTs, DAOs, and interoperability protocols are emerging representatives of this era.