Five trends that will push the adoption of blockchain

I was so freaked out on the ongoing saga that the collapse of FTX is dominating the crypto headlines and has led many to write off the industry for good as billions in investors' funds have evaporated with no hope of regaining what was lost.

According to Alexander Filatov, a co-founder and managing partner of EverX Labs, there are five main trends that will help the blockchain space surpass 1 billion users within the next 6 to 7 years. Have you heard about it?

I didn't doubt that the first of these trends is GameFi, which is obviously a popular sector that emerged during the bull market of 2021 and introduced a way for gamers to earn money doing what they love.

I noticed that this year I spent the most time playing blockchain games, such as WAM tournaments. I think that it's always the most exciting thing for me when it comes to blockchain games, these NFT awards, and the chance to compete with actual players.

Don't you think that one of the most influential sectors that will bring about an accelerated adoption of blockchain technology and Web3 could be Metaverse? What do you think about that?

The second growing trend is an increase in tokenization and NFT utility, the third trend cited by Filatov, as more scalable networks will be required to onboard new users, and the fourth trend, which will likely lead to an influx of money and participants in the crypto economy, is an increase in government intervention and the establishment of regulations related to the use of blockchain-enabled technologies.

I believe that the long-term outlook for blockchain technology and cryptocurrencies is positive, as the number of builders looking to make their mark on the industry grows.