Original source: bitcoinist
Compilation of the original text: Blockchain Knight
Recently, Cryptovo hosted a star-studded roundtable featuring DigiByte co-founder Hans Koning, Crypto Corner host OJ Jordan, Citizen Cosmos’ Sergei Simanovskiy, Bit’s media creative director Alexandra Demidova, Zelwyn ecosystem chief Executive Nikolai Shkilev, Holochain’s executive director Mary Camacho and CBDO Paul Moukhine of BDC Consulting.
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Metaverse: Is 2022 just the beginning?
The Metaverse is all the rage right now, but it's still in its "infant stage," and opinions vary widely among experts. Given the interactivity of the Metaverse combined with blockchain technology, virtual reality will finally get the much-needed boost it needs to thrive, Jordan noted.
With this in mind, the market value of the Metaverse could rise tenfold from its current $70 billion and reach $800 billion in two years。
Mary Camacho disagrees, noting that the Metaverse still needs time. The Metaverse has many other technologies besides blockchain. Given these complicating factors, it would be unwise to assume that the industry will experience rapid growth.
In 2022, new individuals, institutions and brands will continue to gain value in the industry, but only in a progressive direction.
Hans Koning said at the end of the metaverse topic discussion,Most people would rather own virtual assets than participate in an active Metaversesecondary title
GameFi: Should we expect player decentralization?
The game space is tightly connected to the metaverse. According to Alexandra Demidova, although Crypto game projects will increase in 2021, there is no clear difference between the two.
There are already some well-performing games on the market, and realistically, there's no sign we'll see a new game on the scale of Axie Infinity in 2022.
Mary Camacho believes that GameFi players will be divided into two distinct groups in the future. One is gamers, who see their actions as opportunities to make money. The second is to have an excellent performance in this game, but it is affected by financial related aspects.
The evolution of Web 3.0 from fringe theory to mainstream technology will pave the way for our large decentralized game and set the stage for the separation of these two groups。
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Music NFTs: The Next Big Thing?
As the panel of experts continued to express their views on these issues, Sergei Simanovsky pointed to an unexpected boom in blockchain adoption: NFTs.
This is not what experts can predict.
Digital artist Beeple has achieved historic success with his work. Selling his creation as an NFT for $69 million.
Jordan predicts that the next NFT frontier will be music.The allure of direct ownership and access to royalties solves a revenue control problem that artists have struggled with for decades。
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Web 3.0 and the Revolution
It is widely believed that we will see the centralized internet disappear as a new, privacy-based, decentralized web takes root at some point soon.Mary Camacho highlights a key issue: ease of use。
Right now, the people interested in the decentralized web known as "Web 3.0" are those who know how to leverage it and profit from it. Its evolution will require that the user experience be as seamless and understandable as the current centralized web.
In 2022, wanting to control one's identity online will be a critical issue. Still, people's desire to feel comfortable with the familiar will hinder the transition to Web 3.0.
Experts predict nothing radical about blockchain governance in 2022. Ambiguity on the blockchain will continue on issues such as the definition of utility tokens.
Hans Kning said the U.S. was doomed to miss out because of regulators' indecision. Countries that regulate with secrecy and those that leave the market to regulate themselves will overtake the US.
The excessive volatility associated with Crypto makes it the enemy of regulators, which could lead to tighter restrictions. More than 80 countries are implementing central bank digital currencies.After CBDC Launch, Crypto Restrictions or Outright Ban Are Next Steps。
At the end of the roundtable discussion, the experts put forward their predictions about 2022 BTC.
Jordan is projected to peak at $120,000 this year, while Nikolai Shkilev is projected to hit $100,000. Hans Koning pointed out that speculators exist on both ends of the price range between $20,000 and $1 million, but we don't know where the actual value will be.
Ultimately, as we watch, many interesting trends are evolving that are far more interesting than BTC's price swings.
