Crypto industry: Insiders’ new year’s resolutions. Many people are contemplating what they may do to make the year 2022. Even better than the previous year. As the new year draws closer. With so much anticipation for cryptocurrency in the coming year. From both government policymakers and the market. It’s no surprise that some in the cryptocurrency industry have ambitious resolutions for the new year. Including how they will contribute to the betterment of the industry. In their respective areas of specialization.
National governments have made initiatives to increase the global use of blockchain technology. Until the end of 2021, with the goal of reaching 100% adoption by then. Recently, governments in Australia, Kazakhstan, Brazil, and the Eastern Caribbean introduced, or made public. Their intentions for central bank digital currencies, according to the Financial Times (CBDCs). In December, the United States Senate received testimony. From CEOs from cryptocurrency companies, while Thailand’s government has stated that. It will issue a regulatory framework for cryptocurrency by 2022.
In terms of the bull market, no one can predict what will happen next. The four-year market cycle, according to some analysts, has been broken. Implying that the bull run would extend well into 2022 and even beyond. Bearish signs, on the other hand, remain despite the strength of Ether (ETH). And other cryptocurrencies, bolstering the idea that things are different this time around.
Several industry participants spoke with Cointelegraph about their New Year’s resolutions. And they expressed their perspectives on the topic. They vary from issues of education and inspiration. To those of healthcare. They also discussed the possibility of a worldwide metaverse GDP.
Bobby Ong, CoinGecko
CoinGecko co-founder Bobby Ong also expressed his New Year’s resolutions. Like many in the sector, Ong believes education is important to crypto acceptance. He told Cointelegraph that he hopes the sector. Would employ education to assist users protect their digital assets.
In December 2021, security breaches at Grim Finance, Badger DAO, MonoX, Visor Finance. And AscendEX cost about $149 million. There is still a week left in the month for more violations to be revealed. Ong says
“I wish more people learn about crypto security in 2022. Too many new users have lost cryptos and NFTs owing to poor security methods. Thus I hope more projects and corporations educate their users on best practices.”
He went on to say that he feels crypto consumers, new and old. Need as much knowledge and education as possible: “Our goal is to assist users understand the crypto world. And we believe that everything can be tokenized.”
Yat Siu, Animoca Brands
Yat Siu, co-founder and chairman of Animoca, wants the metaverse to develop by 2022. His grandiose aspirations for the coming year include globalizing metaverses. Which could also have evolutionary ramifications for the nonfungible token market.
Mark Zuckerberg and Meta have brought the Metaverse closer to popular adoption than ever before. Siu and Animoca, one of the largest NFT and metaverse investment businesses. Expect these sectors to grow.
Animoca had a terrific year in 2021, doubling its treasury value from $2.9 billion. In September to $15.9 billion by November. Animoca may also have the momentum it needs to succeed in 2022. After winning Deloitte Hong Kong’s Fast Technology award. Siu’s Crypto Industry: Insiders.
“To help build an open metaverse with a large enough GDP that closed metaverses are driven open. Like free trade did also for the global economy. Where we are no longer digital ‘users’ but digital ‘citizens’ with actual ownership.”