What is 2023 going to hold for us ⁉️

All Things Flooz newsletter is for innovators, creators and traders.

01 Jan

Stay in the know 🎯

  • Concluding thoughts πŸ’­

  • Your 2023 foresight πŸ•Ά

  • Giveaway Winners πŸ’°

Saddle up, anon. 2023 is going to be a hell of a ride for crypto and web3!

Concluding thoughts  

Here's a few things we've learnt along the way, likely to become household facts in the year to come. 

Today and contrary to former bear cycles, we can tell with utmost certainty that crypto and web3 are here to stay. 

Despite significant decreases in volume, the number of both transactions and active users have seen a tremendous uprise, signalling strong belief in the future of this technology and relevant use cases.

However, it's a given that the market has faced major setbacks recently, and it will likely take some time for it to fully recover. The year ahead will be challenging as the market continues to digest these setbacks and it may be some time before we see a return to the levels of growth and adoption we have seen in the past.

Despite these challenges, it's helpful to keep a long-term perspective on the space. The future of crypto and web3 remains bright, and there are still many opportunities for growth and innovation in the industry.

Here's what to look out for in 2023

The following five broader themes are particularly exciting to us, follow alongπŸ‘‡

Identity: The distribution and development of standards such as POAP, ENS, and SBTs will help create better governance systems and introduce proof-of-personhood to the web.

Infrastructure: 2023 might become the breakthrough year for Ethereum scalability laying the ground for new applications. Improvements in ZK systems (layer 2 scaling solutions) will also be exciting to watch.

Institutional adoption: Be it traditional finance coming for DeFi or big brands adopting NFTs, crypto adoption will happen, but be slowed down due to hesitation and risk aversion triggered by the recent market crash.

Social applications: Both web3 gaming & decentralised social can succeed DeFi and NFTs as the next big categories to rise up in the next year.

Self-custody: We will see tremendous progress in crypto wallet user experience, particularly driven by the adoption of smart contract accounts.

Did you win a Gen–F NFT?

As you may know, last week we raffled away 5 Gen–F NFTs valued at 0.09 ETH β‰ˆ $107 USD each, and the lucky winners have officially been announced ‼️

πŸ‘‡  β‘   β‘‘  β‘’  β‘£  β‘€ πŸ‘‡

Here's a trick, you can actually check out the winners portfolios, just by typing in their wallet address into the search bar on Flooz Trade, it's like Google search for web3. Let us tell you, 2022 has seen some interesting investments take place πŸ˜†

Start your New Year right ✨

Thank you for reading All Things Flooz. Your newsletter to get smarter about crypto in just 3 minutes, dispatched a few times a week. 

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Stay sharp 🧐

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. As always, NFA and DYOR.