Opinion expressed by entrepreneur The contributors are themselves.
Non-fungible tokens (NFTs) began in 2021 primarily as a niche investment option for crypto fans and investors. By the end of the year, the NFT market had grown rapidly with over $ 40 billion. Regardless of your personal opinion, it is undeniable that NFTs have a great impact.
Tokens will continue to grow in value and become more prominent as celebrities such as Gucci, Taco Bell, and celebrities participate in the action.
Now that hype has brought NFTs to the mainstream and made high profits, the problem is: What’s next?? In two new cases, the appeal of decentralized technology helps investors see a brighter future.
A new series hosted on Entrepreneur.com, Going Public explores the journey of four companies seeking investment from both traditional venture capital and crowdsourcing from private investors. When viewers follow the show, they can see the journey of these companies seeking investment from individual investors, including viewers.
Decentralized Finance (DeFi)
DeFi is not a new trend, but a continuous emergence of crypto space. The hype surrounding the 2018 and 2019 Initial Coin Offerings (ICOs) quickly disappeared in the eyes of many because fraud was so rampant. Ethereum has helped regain confidence in decentralized finance, thanks to blockchain and return on investment (ROI).
It’s not a brilliant new opportunity for blocks, but DeFi is still considered “what’s next” after NFTs, or at least alongside them. Again, like NFTs, DeFi has a share of critics who disagree for some reason. In some respects, the trend can die, which is true. Others may argue that the technological effectiveness of promoting NFTs and DeFi, such as decentralized technologies and digital contracts, will almost certainly remain here, even as trends gradually diminish.
Keep in mind that the DeFi market continues to decline significantly as regulations and other market rumors and movements can occur while showing investment potential.
Metaverse
If Web 3.0 is the Internet of the future, the Metaverse is very likely to be a central component of it. Beliefs are so strong that some believe that the Metaverse and its virtual multi-level world will be the next leap forward in merging our reality with the Internet.
Like NFTs and DeFi, the metaverse is not completely formed. Early ventures, despite their necessary evolution, have the appeal of many. Meta and market decisions can have a revolutionary impact on everything from e-commerce to real estate.
When that potential is reached, the Metaverse could begin to hurt the surface of the $ 1 trillion market, with some forecasting $ 800 billion by the middle of the decade. Metaverse stocks are already intriguing with meta, software companies, games and other options.
Will decentralized technology drive an investment boom?
The jury hasn’t come out yet. Like NFTs, DeFi and Metaverse are still in shape. Movement and regulation within the enterprise are two important factors that can influence the possibilities. At present, many investors are in favor of the hype of each venture. Is Wil DeFi or Metaverse catching up with or surpassing potential NFTs that seem to exist today? No one is sure.
Whether you’re an interested audience or an investor in the market, it’s best to do research and keep up with the initial space you choose. Keep in mind that informed investors often make the best decisions in the long run.
Follow the Going Public series every week. This continues as companies embark on their funding journey. Viewers can click to invest and support the companies they believe in, and in the process they can learn a lot about personal investment.
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