There is no doubt that there are many short-term profits that can be generated from meme-based or hype-based crypto tokens and assets. But in the long run, as the saying goes, “only the relevant survive”. As the market matures and blockchain and crypto technologies enter the mainstream, we are no longer searching for the next X100 growth token. Instead, the smart money is flowing into a wide range of segments that add real value to the crypto space. This ideal applies to the crypto and blockchain spaces today as well as tomorrow, and investors will continue to support the projects and initiatives that create real value and deliver tangible benefits.
Here are some of the larger crypto and blockchain segments that have the potential to generate positive returns — even in bear markets.
NFTs and Games
NFTs and games have been clear winners of the blockchain revolution. With decentralized gaming platforms like Decentraland, The Sandbox, Axie Infinity and Gala, players can trade in-game items, create virtual worlds they own and earn by participating on these platforms and playing the games they love. What we’re seeing here is a slow but steady transition from real-world experiences (think concerts, sporting events, and even e-gaming typically reserved for professional gamers only) to virtual experiences where people from around the world are independent with background or experience level, attend events, compete for prizes and enjoy entertainment in innovative and creative ways.
DeFi Protocols
Decentralized finance has also been a big winner in terms of investor attention, growth and returns in the cryptocurrency space. There are many multi-billion dollar DeFi platforms such as PancakeSwap, Terra, Chainlink, Avalanche, Maker’s Dai product (a stablecoin project), Anchor (which has delivered 20% returns), Loopring and more that provide users with efficient, comprehensive, and easy-to-use financial services . Some of these projects, like Chainlink, use oracles to bring real-world data into immutable blockchain ledgers, opening up a whole new world of possibilities, from betting and forecasting markets to agreements and investments based on smart contracts . Others, like PancakeSwap, create liquidity pools and support staking to help users earn income from online trading commissions.
Nodes as a Service
As the name suggests, the Nodes-as-a-Service space is also enjoying significant growth in the current market. For all its potential, blockchain technology faces—and will for the foreseeable future—the difficult task of creating the physical network infrastructure needed to support decentralized applications and transactions. No matter how good an idea is, if the idea is too difficult to make work, it will never achieve mass acceptance.
NaaS projects like StrongBlock and Pocket combine NFTs, rewards, incentives, and the consensus protocols needed to overcome this problem. They support new distributed applications that scale quickly and cost-effectively provide the throughput needed to support a wide network of users.
Passive income projects with external sources of income
Helium uses the blockchain to connect IoT devices and microchips to the internet. The project is building the world’s first decentralized Long-Fi network, a blockchain-based wireless internet infrastructure that uses cellular technology. This dramatically reduces the energy required to provide connectivity – a game changer for far-flung, remote areas – as well as smart functions in machines and devices. It has a growing list of partners and supporters and has quickly gained mainstream attention since its launch in 2019.
Cirus is a rapidly growing ecosystem focused on bringing the value of big data back to everyday users. It enables fair, robust and secure data ownership, control and monetization for the masses.
Their first product – the Cirus Browser Extension – is already live, can be installed by anyone and enables people to monetize their data. What will follow is a whole suite of tools, including a wallet, mobile apps, a dedicated desktop browser and a smart Wi-Fi router, which together will help maximize user value. Users can continue with their usual habits, behaviors and browsing patterns and earn a truly passive income.
This suite of tools will bring non-crypto users to the decentralized world, acting as a seamless entry point and connecting them to Web3 services and applications such as other cryptocurrencies, DeFi and staking, while allowing them to use their Cirus-generated income for purchases in the real world via various offramps.
Cirus’ business model is not tied to the performance of any specific crypto token or asset, instead relying on the monetization of data at the individual user level. It features a user-friendly platform that is designed to be easy to install and use for both crypto-savvy and non-crypto users alike. It promises to be the first choice for people to take over and interact with the online world.
As Web 3.0 continues to grow, and metaverses and AI-powered apps become commonplace and used more regularly, the lines between the online and offline worlds will not only increasingly blur, but the world as well—not just the real world, but virtual ones Worlds too – are increasingly being quantified. With an explosion of data and richer, faster, and more powerful applications powered by the latest iteration of the Internet, extracting value from that data will be a critical component to future user, app, and platform success—those that succeed are independent of the market situation or the performance of BTC, ETH or other tokens.
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