The last crypto bull run is now well and truly in the rear view mirror, but the technological innovation nurtured by the industry is still in its infancy, and is set to change everything
Like so many of my friends and aquaintences in tech, I was in drawn deeply into the world of crypto, fascinated by the potential of the technology. Certainly it opened my eyes to the world of finance and banking, which before, like many others, I had regarded as rather dull. The rabbit hole goes deep, and I soon found myself absorbing as much knowledge as I could get my hands on, trying to understand how everything worked and how it could shape our future.
I began installing Web3 wallets like Metamask and Exodus, experimenting with cold wallets, and of course exchanges like Binance. I had already played around with traditional brokers, so it made sense to start trading crypto. Next came the NFT ecosystem. I’d expected it was a bubble with no utility in most cases, but I was tempted at one point to design my own NFT collection. Friends of mine had an NFT community up and running for a global charity. But as FTX collapsed it took out much of the ecosystem surrounding it, and the overwhelming majority of NFT values were decimated.
However. I still believe there is so much to be excited about. I would argue that many if not most of the NFTs and tokens out there are worthless junk, but there are still many projects out there that offer genuine utility, and they will pave the way for the next generation of Web3 products. In 2-3 years I believe most of us will have Web3 wallets linked to our fiat wallets, email, Twitter or the new ‘super apps’ that are said to be headed our way. Crypto will be an everyone technology as the on and off ramps are made more simple, and once the regulatory framework has arrived.
Personally, I hope to be part of the new wave in blockchain, and help to build incredible products that set the new standard for the future.
