8 Cryoto KOLs talk about narrative trends & potential projects after 2023
Katie 辜
2023-05-01 04:34
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LSD, L2, RWA, and decentralized stablecoins…where are they all headed?

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, the original author: tommasoguualtieri.eth, compiled by Odaily translator Katie Koo.

  1. There are always fresh trends in the crypto world, and it is not easy to catch the current narrative. Especially in the current market situation, so I interviewed 8 of my favorite Crypto Twitter influencers and asked the following 5 questions.

  2. Three trends for 2023.

  3. Favorite trends and why.

  4. Projects that are believed to have great potential and will still exist three years from now

  5. If you were Satoshi Nakamoto, what would you say to someone involved in cryptocurrency today?

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rektdiomedes

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LSD (Liquid Collateralized Derivatives), Gamble Fi and Synthetics.

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My favorite is probably synthetic assets, as I am a macro/TradFi junkie and I really like the emerging synthetic assets of macro and DeFi.

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I am very bullish on Frax Finance because I think stablecoins are the main "sticky use case" for DeFi, and no matter where the entire crypto space goes, I believe that the founder of Frax Finance, Sam Kazemian, and his staff are very capable of creating great value.

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I don't know what to say, I'm surprised we haven't found out who Satoshi Nakamoto really is. It's really an almost mythical origin story for crypto.

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Web3 Q&A session

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Crypto Ita

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  • Three Trends for 2023

  • L2, specifically Ethereum zkEVM L2. We can already feel projects like zkSync, Polygon zkEvm, and Starknet gaining a lot of attention and TVL. Among them, zkSync is undoubtedly a better choice at present, and there are also factors of airdrop hunters. There are a lot of L2 projects ready to launch in the testnet, such as Taiko, Linea, and Base (this will definitely be a chain to watch thanks to Coinbase support).

  • I'm not sure what the last trend for 2023 is, but for sure, I'm pretty bullish on DeFi in general, with killer apps like DEX or perpetual contracts, or even some options brokers.

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I'm a software engineer, so I prefer the technical aspects of Crypto to the speculative aspects. L2 is the newest technology out there, and I love looking into their unique approach to scaling Ethereum. ZK is also pretty cool, and I'm interested in how the project uses this technology in real life.

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Projects that are believed to have great potential and will still exist three years from now

Because Ethereum is the biggest project besides Bitcoin. So L2 extending the same narrative as Ethereum is sure to gain traction (or at least they have a better narrative for some random L1). Ethereum has huge potential and will still be around three years from now.

  • One day in the currency circle, ten years in the world. But if DeFi wants to exist in three years, it definitely needs the following 5 components:

  • DEX: Uniswap definitely exists because it is a leading project;

  • Lending: Aave, Compound, etc.;

  • Sustainable DEX: GMX, Gains Network;

  • NFTs: People love and hate NFTs, but one thing is for sure, NFTs are still around three years later.

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If you were Satoshi Nakamoto, what would you say to someone involved in cryptocurrency today?

Satoshi Nakamoto's "unsolved mysteries" may not seem that important, but in fact, no one "stands" for Bitcoin, there is no Bitcoin Foundation, there is no creator or person to attack, and this is what Bitcoin is. "Killer".

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Web3 Q&A session

Q: Why do we need DeFi?

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The DeFi Investor

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LSD (Liquid Staking Derivatives), Perpetual DEX, and the rise of Ethereum L2.

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My favorite trend is the rise of Ethereum L2, because I believe that the best implementation scenario of L2 is yet to come, and it is very exciting to see the vision of Ethereum scaling through rollup becoming a reality.

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Projects that are believed to have great potential and will still exist three years from now

One project that I am very bullish on in the long run is EigenLayer. I believe the idea of ​​an ETH re-staking solution is awesome, and if the team can deliver everything on the white paper, I believe this project will still be a "potential stock" 3 years from now, even though EigenLayer is currently in early development.

I would tell them that it is important not to forget that decentralization and permissionless access are the main ethos of cryptocurrencies.

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Web3 Q&A session

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Edgy — The DeFi Edge

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ZK-Rollup Wars, NFT Financialization, Decentralized Stablecoins.

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I think it's a decentralized stablecoin. Stablecoins are not sexy, nor do they have any 100-fold gameplay. Governments are trying to kill cryptocurrencies. Our reliance on USDC and other centralized stablecoins is a point of failure. I like Curve's crvUSD, Aave's GHO and Redacted Cartel's indinero.

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Three years is a long time. Ethereum is a boring answer. I like Frax. They are very good at strategy and have already proven their potential to land.

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Don't lose sight of the original vision of cryptocurrencies - Crypto is a tool to protect our "freedom".

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Web3 Q&A session

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Louround

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  1. Three Trends for 2023

  2. Greater adoption of DeFi platforms and overall decentralization: As more and more people realize the benefits of DeFi in terms of transparency, security, and accessibility, the adoption of DeFi platforms will continue to grow. The recent collapse of centralized entities (FTX, Celsius, 3AC) clearly demonstrates the need for decentralization and self-regulation. This is also reflected in the DEX metrics, which only rose after these crashes.

  3. Copy trading: This is an interesting narrative that is not mentioned on Crypto Twitter, but it can help millions of users enter the market. As everyday users of DeFi and other chains, we don't understand how much of a barrier to adoption there is for someone who wants to simply buy some tokens on L2. If successful traders/investors' trading practices could be replicated across multiple chains with just a few mouse clicks, it would be a Web3 game changer, attracting retail and possibly institutional liquidity in the market.

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I like all three of the trends mentioned above because they drive the industry forward and fit in with blockchain’s original vision of decentralization and financial empowerment. Many other narratives are often shared as well, but most do not provide any added value to the industry and do not persist in the long term.

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I think Ethereum, as it has become a leading blockchain with an active developer community and growing Dapp ecosystem. Scaling solutions also positions it well to continue growing and innovating over the next few years.

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If you were Satoshi Nakamoto, what would you say to someone involved in cryptocurrency today?

I'm not Satoshi, I'm just suggesting to keep accumulating during bear markets so we can "get rich" in the next bull market.

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Web3 Q&A session

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Minty

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The three trends I think we will see in 2023 are: the expansion of ETH LSD under the Shanghai upgrade, more ways to realize real world assets (RWA) in the blockchain, and providing unrestricted access between blockchains. seamlessly integrated platform.

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My favorite trend is seeing the growth of NFTFi. NFT has a lot of untapped potential and it is the closest thing to mainstream culture and adoption.

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If I had to pick a project that I think is still around in 3 years, I'd probably pick Chainlink. Its infrastructure services are an integral part of the blockchain, and new technologies like CCIP (Cross-Chain Interoperability Protocol) lead me to believe that it may still have potential for some time.

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I might remind people to make sure their funds are safe and follow best practices.

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Web3 Q&A session

Q: What can I do today to prepare for tomorrow?answer:first level title

Ignas | DeFi Research

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  • Three Trends for 2023

    The growth of the modular blockchain narrative. Modularity is the way Ethereum scales on L2 with fast and cheap transaction execution. More importantly, these L2s act as a "hub" for different ecosystems, creating a more vibrant developer ecosystem than a single Ethereum chain.

  • With the upgrade of EIP-4844 (expected to be implemented in the second half of 2023), L2 gas fees will drop by 10-100 times, so the modular blockchain narrative will gain more traction.

    Real World Assets (RWA). Borrowing demand on protocols like Aave or Compound is largely dependent on leverage. But the RWA protocol provides under-collateralized loans outside of the circular crypto world.

  • RWA has grown DeFi loans from tens of billions of dollars to the $1.6 trillion TradFi private credit lending market. RWA is our way of positively impacting the physical world while bringing new monetization opportunities to DeFi.

    Due to the EIP-4337 upgrade and the zkSync era enabling account abstraction at the protocol level, I expect the crypto user experience to improve a lot, which will bring a new wave of users.

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Favorite Trends and Why

Couple that with RWA, and lower gas fees due to L2, and smart accounts, and we have the best chance of mass adoption ever.

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I think it's Ethereum and Bitcoin. The industry is so dynamic, nothing is certain. Ethereum is becoming the base layer of the digital ownership economy in Web3 and the best asset for passive income. Bitcoin is our best asset to hedge against and leave the current financial system.

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If you were Satoshi Nakamoto, what would you say to someone involved in cryptocurrency today?

I encourage you to remember the original vision and values ​​that inspired Bitcoin's creation: decentralization, financial sovereignty, privacy, and censorship resistance.

It’s now clear to everyone that DeFi isn’t as decentralized as we pretend it is. At least DAO should stop playing the decentralization game, and should be realistic. We call it DeFi, but what we really mean should be "on-chain finance".

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Web3 Q&A session

Q: What is the secret to success in cryptocurrency?

A: Don't blindly follow the latest trends. Take everything KOLs say with a grain of salt. Take a step back and think about it. Investing based on popular trends is bound to fail.Run ahead of the narrative, don't follow it.

  • You should also develop a strategy that aligns with your strengths:

  • Good at tracking on-chain transactions?

  • Passionate about networking?

  • Got a talent for creating memes?

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DeFI Saint

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LSD, L2 (zkEVM) narrative and RWA.

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My favorite trend is L2, this is just the beginning, more L2 is still released on the mainnet, and there is no coin, many people speculate that there will be an airdrop, and we will continue to see the redistribution of TVL inflow.

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I think it's VELA. This is a derivatives exchange for crypto assets, forex and market cap trading (coming soon). An innovative project from an experienced team, and many exciting features like stop tracking losses and more.

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We are still early. Mass adoption hasn’t happened yet, and those who leverage it now will be the winners in the future.

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Web3 Q&A session

Q: Is DeFi ready for mass adoption?

Katie 辜
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