Blockchain

Make a wish: New Year’s resolutions from insiders in the crypto industry

The New Year is only a week away, so people across the crypto world are thinking about what 2022 will bring to the crypto industry and the world.

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As the New Year approaches quickly, everyone is thinking about what they can do to make 2022 even better than 2021. With so many crypto predictions for the coming year from great planners, government policies and market action, it is not surprising that some in the crypto industry have ambitious New Year resolutions on how they will help shape the industry for the better.

Governments have taken steps to ramp up blockchain technology adoption globally by the end of 2021. Later that year, governments in Australia, Kazakhstan, Brazil and the Eastern Caribbean launched or published plans for a central bank digital currency. (CBDDC). The U.S. Senate heard statements from executives at crypto companies in December, and the Thai government announced that it would enact a regulatory framework for cryptocurrencies by 2022.

As for the bull market, nobody really knows what’s going to happen. Some analysts believe the 4-year market cycle has been broken, suggesting that the bull cycle will last well into 2022, that this time around, things will be different.

Several industry participants shared their thoughts on their New Year’s resolutions with Cointelegraph. These range from education and inspiration to health issues. They even put forward ideas about global aggregate GDP.

Bobby Ong, CoinGecko

CoinGecko co-founder Bobby Ong also shared his New Year’s resolutions. Like others in the industry, Ong believes that education is one of the keys to adopting crypto. He told Cointelegraph that his biggest goal is to get the industry to use education to help users protect their digital assets.

His concern for user security is well deserved as more than $ 149 million was lost to security breaches at Grim Finance, Badger DAO, MonoX, Visor Finance, and AscendEX in December 2021. At the time of publication, there was about a week a month left to uncover additional violations. Ong says:

“I hope that more people will be educated on crypto security by 2022. Too many new users have lost crypto and NFT due to poor security practices and I hope there will be many projects. Projects and companies train their users on best practices.”

He continued, as he believes that crypto users – both new and experienced – need access to as much information and education as possible: “Our motivation for doing this is to help users understand the crypto world, and we believe that anything that can be encrypted will be encrypted. ”

Yat Siu, Animoca brand

Animoca co-founder and president Yat Siu has expressed his goal of maturing the metaverse niche by 2022 NFTs. Also.

It’s safe to say that Metaverse is closer than ever to mainstream adoption, thanks in no small part to Mark Zuckerberg and Meta. Siu and Animoca, one of the largest investors in the NFT and Metaverse space, look forward to further expanding in these markets.

Animoca had a great 2021, especially in the final months of the year when the company quintupled its treasury value from $ 2.9 billion in September to $ 15.9 billion in late November, Animoca could have the momentum that it takes to continue to be successful in 2022. Siu says his New Year’s resolution is:

“To help build such an open supermarket with such a sizeable GDP, closed super-reverses had to be opened in the same way that free trade opened the world economy. Where we are digitally no longer defined as “users”, but as metaverse citizens with real digital property. “

Pradeep Goel, Clear up. Care

Next, Pradeep Goel, CEO of Resolve.Care’s blockchain-based health platform, shared his thoughts on what can be done to improve crypto space by 2022, according to the U.S. Department of Health.

Especially for geriatric patients and people with limited mobility who cannot easily see a doctor regularly, the benefit of telemedicine was born in the last 20 months due to the COVID-19 pandemic. Solve’s position as a leader in cryptocurrencies has helped launch Global Telehealth Trade and many other services that Goel hopes will help users get the medical services they need. Goel told Cointelegraph:

“I look forward to seeing greater use and acceptance of cryptocurrencies in 2022, especially for the healthcare sector. Not only can they be used as payment currencies, but they can also be programmed to optimize and facilitate the seamless interaction between stakeholders such as patients, healthcare providers, government agencies and insurance companies. ”

Jen Buakew, To The Moon Lab

Jen Buakaew, founder of the growth accelerator To the Moon Lab, hopes 2022 will make crypto space more accessible to those who want to regularly explore its possibilities. After their experience at crypto conferences, many people have been surprised by NFTs that sell for millions of dollars and the technical jargon used by industry experts. “These things usually mean nothing to people other than make them feel like crypto success is out of reach,” she said.

In her view, people who want to get into the industry as traders, entrepreneurs or freelancers do not have an appropriate support system to achieve their goals when they decide to get into the industry. This lack of support, in her opinion, has deterred some individuals from making their valuable contribution. Buakaew says:

“My New Years resolution is to get as many people as possible interested in crypto by showing them the easiest ways they can benefit from being part of the economy. I want to change that story, or the mindset of ordinary people, especially those with an underprivileged population, to say, “If Jen can do it, so can we.”

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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