2021 has been a rollercoaster year for the crypto industry for sure. On the back of institutional adoption, the industry has managed to attain new heights and grow to an even larger audience.
As always, every year brings a new set of trends that captivate the crypto market. While institutional adoption and decentralized finance (DeFi) were the biggest things last year, GameFi and the metaverse have been the unquestionable giants of 2021.
GameFi’s Rise – Tapping Into Everyone’s Desires
GameFi’s rise was inevitable. There have been several projects in the GameFi space for years, but they never particularly grew to become industry-wide hits. However, things have been different this year.
The rise in GameFi can easily be tied to the love that people have for the gamification concept. Everyone loves winning rewards for their actions, and GameFi incorporates that perfectly. Some projects have even been able to reward players with things like non-fungible tokens ...