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Nansen Encryption Industry Report 2021 (Chinese Version)

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It's been a tumultuous year, and one worth looking back on.

Nansen: 2021 Encryption Industry Report (Chinese Version)

Source: Nansen

Mint Ventures

From a business perspective, 2021 May be one of the most important years since the birth of the crypto world, where there is no longer just narrative and speculation, but also a multitude of industries and businesses supported by real demand, and the business vein that grows beneath the bubble.

It was a year of commercial explosion. From the track, crypto start-up projects are no longer as nearly a uniform DeFi as in 2020. NFTs, Game, Social, Cross-chain, L1& AMP; Innovations in L2, middleware and other application classes and base layers will emerge in 2021.

It was a year of user expansion. In terms of users, 2021 is also a year of exponential population expansion in the crypto world. With NFTs, Play2Earn, sandbox games and other applications as Bridges, crypto world has attracted users other than DeFi Degen and investors, and many collectors, gamers, and metasexes builders have entered the world. The new wave of meme coins led by Shib has also greatly expanded the absolute population of investor groups.

This is the year participants break the cycle. Financial institutions in the traditional world, sports, music, film and television stars with strong IP potential energy, all kinds of well-known consumer goods companies have made great strides to test the water in the field of encryption, trying to explore the new business opportunities.

It's been a tumultuous year, and one worth looking back on.

Nansen (Nansen. Ai), a well-known blockchain data analysis platform, recently released the 2021 Encryption Industry report, which analyzes the 2021 encryption industry, new public chains, DeFi, NFTs, DAO, etc., from the perspective of on-chain data, revealing many interesting insights. And a new vision for 2022.

Happy New Year to all Mint Ventures readers and let's continue to build in 2022!