"The 2022 Encryption Report" by Messari

Original post by Covduk

BlockBeats

Messari just released his 2022 Crypto Report, which covers key trends, predictions, and the future of cryptocurrencies in 165 pages. I've read everything in its entirety, and here are the highlights of the top 10 cryptocurrency narratives of 2022. (Click on the watchYouTube and content video)

1. The collapse of trust in institutions

Many cryptocurrency investors see it as a lifeline out of a harsh economic cycle. With public debt and inflation high and the Federal Reserve raising interest rates, people believe they will never retire unless a miracle happens.

Eighty-two percent of Americans disapprove of the job Congress is doing. Encryption represents the equivalent of a revolution in the underlying system, a new hope. The traditional system, set up by the baby boomers for different ages, is broken.

2. Encryption is inevitable

User - owned economy will outperform monopoly - owned economy. We are well placed to make this happen. Young people have nothing to lose. Society is tired of low returns and high fees, and the environment is ready for change.

We've got passionate, driven young people and some of the best talent. Capital has been fully involved, with large venture funds giving crypto a comprehensive professional valuation. The timing is perfect, and the past decade has laid the groundwork. As the technology works, interest in and adoption of encryption is steadily rising.

3. Bridge, NFT, and DAO

Three areas that are currently underdeveloped:

• NFT Infrastructure & NBSP;

• DAO tools

• Cross-chain bridge protocol

NFT has exploded. But NFT tools are still missing.

• market

• Creator tools

• Reputation/identity management.

DAO 工具

The DAO is struggling with management.

• DAO governance is a joke everywhere

• Too long investment cycle;

  Most DAOs fail, and they need to improve a hundredfold to compete with centralized groups. This is likely to be another hot area.

Scaling solutions

Ethereum has been trying to expand. This led to the rise of Alt L1. One of the biggest pain points is the lack of interoperability between chains. Its solutions will be hot territory.

4. 加密各板块的解耦

The crypto world is evolving and different sectors have different sources of value. NFT is driven by different factors. DeFi is driven by different factors. The information asymmetry of each plate will get bigger and bigger.

One person cannot control everything. That's why funds and their teams are so profitable now, they have the ability to maintain information asymmetry.

5. Long-term venture capital

去年，大量资金流入加密货币。在牛市中，这些基金赚了数十亿美元。A16z，paradigm 和其他人有很多盈利，并且融资巨大，现在正在等待在市场糟糕时买入资产。

关于机构资本... 最重要的是，其他机构正在进入 Crypto。 尽管有些人翻船了，但直觉似乎仍然存在。

6. How high can we fly

好吧，崩盘确实来了。但我会谈谈瑞安正在关注的主要信号。 MVRV (Market value to realized value)可能是一个有用的指标。 MVRV 在 3 的时候是锁定利润的好时机； MVRV 低于 1 的时候是买入的好时机。

The etheric fang

Ethereum is unlikely to surpass BTC in this cycle.

Ethereum's first challenge is scalability.

Instead, Ryan finds it more interesting and realistic to consider whether L1 as a collective will surpass BTC.

Alternative L1s

There are many alternative L1s competing fiercely, and whoever wins will result in:

Excellent application distribution, and attract top talent to non-ETH chain development.

These chains will move forward with Ethereum.

DeFi

DeFi represents less than 1 per cent of global bank market capitalisation. In the long run, the upside is huge.

However, yields on top deals have stagnated;

Numerous technical and security issues, incidents of breach.

DeFi hasn't convinced everyone yet.

NFT

Huge opportunity. Last September, NFT was forecast to be worth $14 billion.

NFT will be the Trojan horse for cryptocurrencies to gain mass adoption. In the long run, the reach of this market is huge.

NFT infrastructure remains a huge opportunity.

7. 熬过冬天

好吧，加密市场的冬天来了。 会有很多消极情绪，人们将对加密失去信心，各类 FUD 会层出不穷，批判者们欢欣鼓舞：许多大人物要破产了。 这将是艰难的，但将重新评估你对加密货币的信心，并坚持下去。

If you are entering, please remember:

• 远离杠杆 • 为税收做准备 

• Don't go short

• Do not catch falling knives.

• If you are Builder, protect funds & NBSP;

• Build 

• Double your caution.

We will survive in the end.

8. 上市板块

While Coinbase's valuation growth is impressive, it's still not on par with BTC and ETH.  

However, public companies have a big purpose: marketing.

It intensifies the heat of the masses.  

There are "alpha" returns in public companies too.

9. 学交易型基金的策略

Crypto trading is social and meme-driven, and a lot of people have made a lot of money copying top VCS and chasing memes.

Markets reward practitioners and quick followers.

This is my Youtube channel for finding and tracking smart moneyStep by step demonstration.

10. Messari 的分析师持有哪些头寸？

Remember, this is a long time ago, so don't try to copy this stuff.  

Instead, find out what areas they like and why.

I strongly encourage you to read the full report. 

It's been a while since launch and the market has changed.  

Not everything will be right.

Instead, look at the bigger picture, and then use it to learn from it.

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