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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