Key Blockchain Trends Shaping the Market Landscape of 2022

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Ricky Rathore

I’m a financial writer

2022 is shaping up to be an exciting year for the blockchain industry. Cryptocurrencies have proven to be a global hit, and we are seeing significant expansion in different other market sub-industries as well.

All this points to a transformation in the blockchain landscape, which should boost the use of this technological concept at all levels. As this year approaches, there are many things inventors should consider as blockchain continues to be more embedded in everyday life.

With that in mind, investors would want to know some of the key trends to watch in order to put themselves in the right position to win.

The Growth of Blockchain Gaming

In the latter part of 2021, the blockchain gaming landscape has exploded. These games have become particularly popular, taking advantage of the hype surrounding names such as Decentraland and Axie Infinity. Today, more games are looking to harness the power of the play-to-earn model and optimize for new users.

At the same time, it goes without saying that many people will also be enticed by the possibility of earning more money doing what they love the most: playing games. Right now, we are seeing more and more people choosing to earn coins and tokens from a fun activity and funneling them into other activities like cryptocurrency trading. Ultimately, this only grows the blockchain industry.

Interestingly, there is also an external ecosystem growing around blockchain gaming. Platforms are now dedicated to helping people make money using blockchain gaming, both through integration and funding.

Central Bank Digital Currencies

Central bank digital currencies (CBDCs) are here to stay. There is absolutely no way to deny it. The trend started with China two years ago, but has since grown considerably and now more than 50 countries around the world are looking to issue their own CBDCs.

Things got even more interesting in March 2022 when President Joe Biden ordered the Federal Reserve to begin work on studies of a potential digital dollar. This is the first time the US government will openly acknowledge working on a CBDC, and it changes the paradigm for everyone.

There are many questions about CBDCs right now – how will they work? What technologies will underpin their performance? What will be the nature of cross-border payments when the CBDC comes to the party? All of these are expected to shape the future of CBDCs – and, in more ways than one, the future of global finance as well.

The Metaverse and Entertainment

If there’s one thing everyone’s talking about right now, it’s the Metaverse. Big companies are investing a lot of money in what they believe is an immersive experience for everyone, and now the metaverse is getting more and more airtime.

Currently, the crypto and blockchain industry already has its iteration of the metaverse. Platforms like The Sandbox and Decentraland bring people into immersive virtual worlds where they can enjoy live experiences and purchase digital assets.

At the same time, these platforms are now making deals with global brands for more awareness and hype.

Interestingly, we are also seeing the emergence of large corporations that are crafting their vision for the metaverse. The lines of distinction between a metaverse developed by Met and one developed by Microsoft will be interesting to see. Regardless of these lines, the truth remains that the metaverse could be a lifetime opportunity for many businesses, and blockchain will certainly play a part in making it happen.

Sustained interest in NFTs

NFTs aren’t a trend that exploded in 2022. They became a global hit last year, but they’ve continued to grow bigger and bigger.

To be fair, NFT mania has slowed since the heyday of 2021. However, this seems like a period of adjustment that could lead to sustained activity. There are still many artists who would prefer to mint their work as NFTs, and there are also many more people who are looking to learn how they can make money from these tokens.

Some of the biggest names in the NFT space have managed to capitalize on the popularity of these tokens and are now raising massive funds as they continue to expand and bring the tokens to greater prominence.

NFTs should also see gains from their affiliation with another rising trend – blockchain games. Today, several blockchain gaming platforms are rewarding their players with NFTs as they believe the tokens could be the best way for them to optimize and retain their customers. All of this points to increased adoption, and since NFTs run on blockchains, they should be a major boost for the technology itself.


Enter the Blockchain Writing Contest

2022 is shaping up to be an exciting year for the blockchain industry. Cryptocurrencies have proven to be a global hit, and we are seeing significant expansion in different other market sub-industries as well.

All this points to a transformation in the blockchain landscape, which should boost the use of this technological concept at all levels. As this year approaches, there are many things inventors should consider as blockchain continues to be more embedded in everyday life.

With that in mind, investors would want to know some of the key trends to watch in order to put themselves in the right position to win.

The Growth of Blockchain Gaming

In the latter part of 2021, the blockchain gaming landscape has exploded. These games have become particularly popular, taking advantage of the hype surrounding names such as Decentraland and Axie Infinity. Today, more games are looking to harness the power of the play-to-earn model and optimize for new users.

At the same time, it goes without saying that many people will also be enticed by the possibility of earning more money doing what they love the most: playing games. Right now, we are seeing more and more people choosing to earn coins and tokens from a fun activity and funneling them into other activities like cryptocurrency trading. Ultimately, this only grows the blockchain industry.

Interestingly, there is also an external ecosystem growing around blockchain gaming. Platforms are now dedicated to helping people make money using blockchain gaming, both through integration and funding.

Central Bank Digital Currencies

Central bank digital currencies (CBDCs) are here to stay. There is absolutely no way to deny it. The trend started with China two years ago, but has since grown considerably and now more than 50 countries around the world are looking to issue their own CBDCs.

Things got even more interesting in March 2022 when President Joe Biden ordered the Federal Reserve to begin work on studies of a potential digital dollar. This is the first time the US government will openly acknowledge working on a CBDC, and it changes the paradigm for everyone.

There are many questions about CBDCs right now – how will they work? What technologies will underpin their performance? What will be the nature of cross-border payments when the CBDC comes to the party? All of these are expected to shape the future of CBDCs – and, in more ways than one, the future of global finance as well.

The Metaverse and Entertainment

If there’s one thing everyone’s talking about right now, it’s the Metaverse. Big companies are investing a lot of money in what they believe is an immersive experience for everyone, and now the metaverse is getting more and more airtime.

Currently, the crypto and blockchain industry already has its iteration of the metaverse. Platforms like The Sandbox and Decentraland bring people into immersive virtual worlds where they can enjoy live experiences and purchase digital assets.

At the same time, these platforms are now making deals with global brands for more awareness and hype.

Interestingly, we are also seeing the emergence of large corporations that are crafting their vision for the metaverse. The lines of distinction between a metaverse developed by Met and one developed by Microsoft will be interesting to see. Regardless of these lines, the truth remains that the metaverse could be a lifetime opportunity for many businesses, and blockchain will certainly play a part in making it happen.

Sustained interest in NFTs

NFTs aren’t a trend that exploded in 2022. They became a global hit last year, but they’ve continued to grow bigger and bigger.

To be fair, NFT mania has slowed since the heyday of 2021. However, this seems like a period of adjustment that could lead to sustained activity. There are still many artists who would prefer to mint their work as NFTs, and there are also many more people who are looking to learn how they can make money from these tokens.

Some of the biggest names in the NFT space have managed to capitalize on the popularity of these tokens and are now raising massive funds as they continue to expand and bring the tokens to greater prominence.

NFTs should also see gains from their affiliation with another rising trend – blockchain games. Today, several blockchain gaming platforms are rewarding their players with NFTs as they believe the tokens could be the best way for them to optimize and retain their customers. All of this points to increased adoption, and since NFTs run on blockchains, they should be a major boost for the technology itself.

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