Counting stability, privacy, GameFi, the 2022 explosive point in the eyes of KOL

On the evening of December 30th, the BeWater developer community held a 2021 year-end summary online dialogue in the Clubroom. Vincent NIU, partner of Sky9 Capital, DJ Qian, co-founder of Anyswap, Liu Yi, founder of Octopus Network, Liu Feng, editor-in-chief of Lianwen, and BMAN, founder of BeWater.ai, attended as guests. At the meeting, several guests expressed their views on this year's impressive innovations and the promising and concerned tracks in 2022.

The following is a selection of the content of this meeting

Q1: 2021 What are some impressive innovations?

BMAN

The most critical essence of this cycle is 2.5 innovations. It has brought about essential changes and promoted the development of this wave of bull market. One is AMMs. AMM allows any Token to have liquidity, and if there is liquidity, it becomes an asset. One is P2E, which allows assets to be consumed and used. The other half is Loot, which ideologically provides a new paradigm for the Crypto project.

Vincent

Innovation is a process of continuous superposition. P2E has largely borrowed from the achievements of DeFi; the other is the explosion of the application layer and the abundance of data on the chain. Let everyone form their own portrait on the chain, making it possible to innovate around the data on the chain, such as Nansen looking for Alpha, portrait construction of addresses on the chain, communication between addresses, and social relationships on the chain. direction.

DJ Qian

Liquidity is the lifeblood of ecological continuation, and it also proves that blockchain can be applied in various scenarios such as games, supply chains, and finance. The reason why value becomes value is because it has liquidity, can be exchanged with other assets, and is reflected in the exchange; another interesting trend is the formation of a multi-chain pattern, and the movement of value on different chains will become a demand point , cross-chain has become a rigid demand; in addition, the data on the chain, such as etherscan data centralization and search display, make its value reflected.

Liu Yi

1. 2021 is a great year of innovation, and the good news is that this year’s innovation Starting to get back on track, infrastructure and applications drive each other. This should be a normal state. We have been talking about expansion, cross-chain, and multi-chain for several years. The best state this year is that the application is connected with three waves of innovation, defi nft chain games, Bring up all the new blockchain directions, such as several major directions of expansion, one is Super L1, BSC Solana, Terra, Avalanche, etc. After Layer 2 comes out, there are many, and the sharding is mainly NEAR/Polkadot, and more Chain direction such as Cosmos, Octopus Network is also a new multi-chain network and launched the first application chain this year.

2. I personally like P2E the most. The game industry will be the first to enter Web3.0. The problem with DeFi is that it may be regulated in 2022, and the development of NFT will have a bottleneck , There is a problem with linking with the real world, relatively speaking, blockchain games have a greater opportunity.

Feng Liu

1. Evolution and change of algorithmic stablecoins, comparison of algorithmic stablecoins Cool, I will find consensus and bring forth new ideas through new gameplay, another one from Crypto Native needs this kind of thing.

2. The innovation of DAO is not a utopian experiment, a large number of DAOs are operating in various fields. There are two cool types, one is Venture DAO, and the other is Crypto city-state DAO.

Q2: Have you used any better products in 2021?

Liu Feng

1. Mirror: Very cool, just optimistic about the product. The operation is tolerant, but it can capture the core users, a real Web3 product. Mirror uses various decentralized existing components on the chain, users can use them, and the team is not particularly anxious to grow, there is a rhythm, to do subtraction, there is no INDEX page, leaving space for future creators of excellent content;

2. Tornado: Privacy protection, although the secondary market is not popular with the mainstream, but it is a must-have product, I like it very much, and I will fully support it if the price is not good .

BMAN

1. I like Mirror, I spend my own money to pay creators to store on Arweave, a pragmatic and respectable team;

2. Data products NANSEN:I am a high-frequency user myself, through which I can obtain data that many consulting companies cannot obtain, which is very valuable for on-chain behavior analysis.

Vincent

1. NANSEN This product itself is an early investor. Their team started from user needs and productized it to It is convenient for ordinary people to use, and the team compares Crypto Native. After making NFT data in May, the team’s income has doubled, and it can quickly follow up on market feedback to iterate products. In the long run, it will make more open things to meet the needs of high-end users;

2. Personally, I like some "face-slapping" products, which can give me some thinking, such as Axie Infinity and The Sandbox< in GameFi< /b>, these two projects have been known since 2018 and 2019, but at that time I thought it was impossible to do it. There are only a dozen people in the team, and the product is simple and difficult to invest in. However, because the industry itself is spiraling and can be combined, once new concepts and gameplay appear, it can make the original ordinary things very powerful, such as Axie Infinity horizontal Develop side chains and DEX.

Liu Yi

Games may be the first to enter Web3.0, the game itself is an industry with an annual income of hundreds of billions of dollars. It is very likely that within 5 years, chain game products will occupy a considerable proportion of the game, which means that the Web3 application layer will have billions of dollars in revenue every month. Now, Web3 only has the ability to generate income at the basic protocol layer, and the value unit that can be captured by the protocol is 10,000. It is expected that chain games will continue to expand for several years, driving the rapid growth of web3 infrastructure.

DJ QIAN

There is an interesting phenomenon: it is difficult for old leeks (users) to accept new things, BTC people have never participated in DeFi, and few people who participate in DeFi participate in NFT. Few of those involved with NFTs participate in GameFi. The development of new things always has its own reasons. The more interesting product is the domain name purchased yesterday with the decentralized hosting function of Chainge Finance, which solves the problem of decentralized transactions through margin and game means. In the future, transactions in many scenarios may use this decentralized hosting function to achieve the goal of reaching transactions with any stranger.

Q3: Which tracks and directions will you focus on next year?

BMAN

The upgrade of ETH2.0 next year will be a far-reaching event. With the development of L2, the ecology of Ethereum is very complete, and the fundamentals of Ethereum will It is very solid and will have a great impact on other new public chains.

Vincent

1. The possibility of making service products and projects around data;

2. The application layer, pan-entertainment and social networking, is still out of the circle, and there will be more users outside the circle entering the Web3 world;

3. Expect the industry to bring something unexpected,

Liu Yi

1. Optimistic about chain games, next year’s leading public chain has a high probability of outperforming BTC;

2. Will look at storage, AR, IPFS, etc., and the structured storage track is underestimated;

3. Computing on the chain, using the infrastructure made by Web3.

BMAN

1. Cross-chain: not just assets, data cross-chain and application cross-chain, is there a plan?

DJ QIAN

There is still a very high-dimensional development space for cross-chain, currently only When it comes to the cross-chain of assets, even the free flow of assets in heterogeneous chains has not yet been completed. However, in the future, the cross-chain of information and logic, cross-chain between application layer protocols, and other high-dimensional cross-chain ecosystems will appear and become mainstream.

HAZE

GameFi, traditional games have turned to chain games on a large scale. The governance of chain games requires a new governance structure. Without an involution mechanism, it is a death spiral.

Vincent

GameFi is now 1.0, and in the end Finance should come after Game, that is to say, it is for Game and not for Finance. Games with economic and social multiplayer online will lose their finances, not subversive 2.0 games.