With just over a week left until the end of the year, everyone is wondering what 2022 will bring to the cryptocurrency industry. Crypto industry leaders talked to CoinTelegraph about their New Year’s resolutions, which range from global recognition of the metaverse to educating users on safety and security.
Seeing the metaverse niche mature
Yat Siu, cofounder and chair of Animoca Brands, wants to see the metaverse niche mature next year. He wishes for global recognition of metaverses, which could have important implications for the NFT market.
Thanks to Meta and other major players, the Metaverse has come closer to mainstream adoption than ever. Animoca is among the largest-scale investors in the NFT and metaverse space. Siu shared his New Year’s resolution:
To help in constructing an open metaverse with such a significant GDP that closed metaverses are forced open in much the same way that free trade opened up the global economy. Where we are no longer digitally defined as ‘users’ but as metaverse citizens with true digital ownership.
Education is key to crypto adoption
CoinGecko cofounder Bobby Ong feels education is one of the most important aspects behind crypto adoption. He shared his biggest goal: to educate users about keeping their digital assets safe. This month alone, security breaches at cryptocurrency exchanges like Grim Finance, Visor Finance, Badger DAO, MonoX, and others have incurred losses of more than $149 million. Ong said:
I hope to see more people educating themselves on crypto security in 2022. Too many new users have lost cryptocurrencies and NFTs due to bad security practices and I hope more projects and companies will educate their users on best practices.
Making crypto more accessible for novices
Jen Buakaew, founder of growth accelerator To the Moon Lab, believes many people get confused by the technical jargon in the crypto space. When laypeople hear that an NFT sold for millions of dollars, they feel like crypto success is the prerogative of a chosen few.
Ordinary people may be interested in the industry, but there is no system to support and help them attain their goals when and if they decide to become part of it. According to her, this is keeping people from contributing potentially valuable input. Buakaew said:
My New Year’s resolution is to inspire as many people as I can to get themselves into crypto by showing them the simplest ways where they can benefit from being part of the decentralized economy.
