If the bull market hits in 2020, here are 12 trends to look out for ahead of time

With 2019 already creeping away, the biggest question for the cryptocurrency industry is whether the market will improve in 2020. Are there any trends you have to watch?

Today BlockBeats is trying to keep its finger on the pulse of the market, starting with cryptocurrency investor Outlier Ventures' 2020 trend prediction.

Outlier Ventures' prediction 1: blockchain + gaming hits

In 2020, the gaming industry will become a breakthrough area of block chain technology and application. By the end of this year, blockchain game infrastructure such as a high-performance platform, convenient access to digital assets, and easy-to-use digital asset storage and transfer wallet will be gradually built. The next step is distribution and reach. Players can rent out their gpus and CPU hardware to perform calculations and rendering tasks, earning "points" that can be used in-game or across games.

Forecast result: Valve (V) or Epic game platform will launch the game service based on the block chain.

Interpretation of BlockBeats:

Vitalik, the founder of ethereum, once said that finance and gaming may be the fastest area to land in the blockchain, which also makes many industry insiders continue to be optimistic about blockchain games. Since 2018, we have actually seen quite a few attempts to mix blockchain and games.

The once-great jobis Cryptokitties (Ethernet) cat, cat is patted current price 770000 RMB for creation, which through the cloud of cat game on the block chain, let lovers deal or no deal, let speculators swoon, more let the homogeneity card NFT concept is deeply rooted in the hearts of the people, a serious enlightenment block chain game, the first generation also caused a large number of follow suit.

In Internet imitator, tencent is the most innovative "together to catch the demon", issued by the AR explore mobile game not only draw lessons from the Pokemon Go into play games, more and play the same Cryptokitties - players can cultivate cat information in the APP on the chain, cats can reproduce between players, and every cat have different features.

In the world of blockchain NFT, last year's Godsunchained card game was eye-catching, and the largest trading volume surpassed that of previous Cryptokitties. We expect to see platformalized, broader blockchain gaming outside of NFT in 2020, as tier 2 capabilities mature and cryptocurrency user barriers are lowered.

Interestingly, with Google's official launch of stadia, Microsoft's xCloud being tested, and 5G being commercialized, cloud gaming has become a hot topic recently. A cloud game is simply a game that works on the screen and on the network, without the player having to bear the burden of computing or hardware resources. So, if that vision comes true, will it be recombined with blockchain to prevent central servers from doing evil and failing at a single point?

Outlier Ventures prediction 2: Telegram at home

Telegram has about 200 million monthly users, who choose a messaging service with special privacy and security features, and many of its users are early adopters of cryptocurrency programs.

With the launch of Klatyn (kakatalk) and Link Network (LINE) live, TON (Telegram), Mobilecoin (Signal) and Libra stable currency (Facebook), 2020 will begin to see applications that actually use blockchain-based platforms, though their audiences will not be exactly the same.

Prediction: Telegram will be the most active blockchain network by the end of 2020.

Interpretation of BlockBeats:

If the active address of token in block chain and transfer on chain are taken as the consideration index of monthly life, then it is undoubtedly difficult to realize. Of course, if you only consider all the users of the blockchain project (not including token), then Telegram deserves it.

There's good reason for this: both BitTorrent and Brave have significant users, but that doesn't mean the token will be widely adopted anytime soon. In the latter case, while Brave claims to have over 10 million daily lives, that doesn't mean that many people are actually watching ads to earn tokens every day. Instead, etherscan data shows that only about 800 people are actually playing BAT tokens per day.



Since TON has not been officially launched, it is still unclear which economic design will be adopted. However, from the current data, it seems that TON token is not a stable currency, which will also bring great difficulties to the actual promotion of TON token. In the recently launched Orchid Protocol, OXT token can be used to pay for virtual private network. However, compared with the traditional legal currency payment virtual private network service, one of the sticking points lies in the real-time fluctuation of OXT token price, which causes the current consumption amount to be constantly changing in the future. The high volatility of payment token does affect the application of real scenarios.

Outlier Ventures prediction 3: use Corda at work

Corda is a distributed ledger platform launched by R3 CEV. It borrows some features of blockchain, such as UTXO model and smart contract. However, it is different from blockchain in nature.

The prediction: Corda will surpass Hyperledger, eteum and Quorum as the market leader in enterprise-class blockchain networks.

Interpretation of BlockBeats:

The Hyperledger, Quorum, and Corda are first-class alliance chain platforms. Alliance chain is easier to be accepted by regulators because of its authorized access mechanism. Forbes previously reported that the European central bank will release a distributed ledger called EUROchain based on the R3 Corda platform for services between financial institutions. However, media reports had previously revealed that there had been infighting between R3's engineering team and management over the company's culture and the direction of Corda's products.

Outlier Ventures' prediction 4: China will develop a digital currency

According to the 2018 bank for international settlements survey of 63 central Banks, the vast majority are studying a proof of concept for digital currencies, although most are not yet ready for the real thing.

Christine Lagarde, ECB President, said the Central Bank Digital Currency (CBDC) "can meet the objectives of public policy, such as financial inclusion, security and consumer protection; and provide what the private sector cannot: payment privacy". These CBDCS will be wholesale rather than retail. The central bank is likely to focus on wholesale markets, leaving retail markets to regulated institutions. In 2020, China is likely to officially launch Digital Currency Electronic Payment (DCEP), which will be licensed to mainstream platforms of choice for hundreds of millions of users such as alibaba, baidu and tencent as distribution channels.

Forecast: by the end of 2020, more than 500 million Chinese will be using services connected to DCEP networks.

Interpretation of BlockBeats:

According to public information, DCEP is a digital payment tool with value characteristics and M0 attributes issued by the people's bank of China. It is "digital fiat" in the real sense, rather than "cryptocurrency" as understood by some people. It has the features of legal compensation and dual offline payment.

Mobile electronic payments have permeated almost every corner of Chinese life. According to the data published so far, DCEP adopts a hybrid structure with no preset technology route, which means that it is possible for commercial organizations to use mobile payment tools for users DCEP, while existing mobile electronic payment service providers can still graft application services onto DCEP payment. So Outlier Ventures' prediction is relatively reasonable, just whether it will reach 500m users in just 12 months by the end of 2020.

In addition, China's DCEP may be jointly tested by the people's bank of China and the four major commercial Banks in shenzhen and suzhou in early 2020, according to Messari's recent report on ten stable currency trends in 2020.



Outlier Ventures' prediction 5: Europe breaks out

In 2020, Europe will begin to usurp the us as the centre for western blockchain projects, including financing and infrastructure.

In some ways, even after brexit, London is still part of the process, having previously been the world's second most popular city for early-stage blockchain financing. The trend stems in large part from the European Union's determination to move away from the dominance of the United States in Internet development over the past few decades.

The prediction: venture capital in blockchain companies in Europe was $700 million in 2019, and will surpass $850 million in 2018 to reach $900 million by 2020, the highest level ever.

Interpretation of BlockBeats:

Indeed, Europe has a growing presence in the western blockchain world. In October, sse, Europe's fourth-largest stock exchange, launched a new ETP trading product consisting of 90% BTC and 10% ETH, which can be bought directly in Swiss francs. In march, Europe completed its first STO bond issue, with a hard top of €100m.

If we enter "Blockchain" into the Google trend and rank the search popularity by region, we will find that global Blockchain discussion is concentrated in parts of Europe, southeast Asia and the americas, with Zurich, the richest city in Europe, ranking first.



Outlier Ventures predicts 6: east versus west in blockchain

Outlier Ventures, which has spent a lot of time and energy in Asia this year, especially in China, believes there will be more divergence between east and west over blockchain, especially digital assets. Of course, this is nothing new. In fact, there have always been two versions of the Internet, but China's development has helped popularize it faster than anyone could have imagined.

& have spent , & have spent & have spent While China is officially on the path to a licensed, non-licensed blockchain, several PoS networks, such as bitcoin mining and EOS, have been monopolized by major companies or groups that some believe are controlled by Chinese companies.

& have spent , & have spent & have spent Most cryptocurrency trading volumes still originate in China, and it is understood that only a handful of header trading platforms will be able to obtain a formal license by the second quarter of 2020, and may initially operate in a very limited manner.

& have spent , & have spent & have spent The provinces and state-owned enterprises (SOEs) will begin to maintain their own regional communication networks within the guidelines.

& have spent , & have spent & have spent China's digital currency electronic payments (DCEP) will benefit hundreds of millions of consumers through mainstream payment and application platforms overnight, but it will further strengthen their business model; In the west, many believe this will be inseparable from the Web 2.0 platform.

& have spent , & have spent & have spent Perhaps we will see a longer Web2.5 era in Asia, or a very different version of Web3.0, but the result will be a struggle not just for technology but also for financial dominance.

Forecast: three cryptocurrency trading platforms are licensed by Chinese authorities and operate under restrictions.

Interpretation of BlockBeats:

Outlier Ventures' speculation about compliance with the platform is extremely bold. In fact, all cryptocurrency trading platforms and illegal financing projects have been removed from China. In the future, regulators' policies on cryptocurrency trading and mining are unknown and impossible to predict.

What is certain, however, is that the competition between China and the west in blockchain will intensify. Half of Libra's guarantees are in us dollars, which means that, once through the compliance process, applications such as Facebook might be used to expand dollar hegemony in the third world; Compared with Facebook (Libra association), DCEP may be directly promoted by the people's bank of China, which is more efficient to implement. M0 substitution is also different from Libra, which affects M2. Derivatives or services can be more diversified. Forbes recently revealed that EUROchain, which is being developed by the European central bank, is also a digital currency project, but its current design only focuses on value transfer between Banks and financial institutions.

Outside the stability coin realm, the competition between the public and alliance chains will also become more intense. Though block chain is distributed around the world, but in the actual implementation of the process of project, the inevitable will appear geographical isolation, language isolation, therefore some blocks chain project appeared more obvious regionality, such as European Tezos, Tomochain Waves of Russia, Vietnam, and some of the familiar "domestic public chain", the league chain. In the process of growing into a global consensus block chain, these projects are bound to be influenced and supported by local resources and policies, and even compete with each other.

Outlier Ventures predicts 7: token market will be cleaned up

The big event for The whole of 2020 will be The Reckoning.

Cryptocurrency trading platforms will professionalize as the situation forces them, "zombie tokens" will be removed, and investors will gradually abandon them. There will be no projects worth $100m that do not fit the product market. The valuation of cryptocurrency projects is no longer sustained by a vision or an idea alone. In 2020, it will be all about the market drivers and implementation of the project, not just the press release partnership, beta release and financing rounds. What we would like to see is a market driver like the Brave browser, which is a source of pride for the encryption industry.

Forecast: five new projects worth more than $5 billion by 2020.

Interpretation of BlockBeats:

When people abandon old and lifeless projects, they are likely to embrace the new generation of blockchain projects on a large scale. In this logic, 2020 will be the year of "change" in the ranking of cryptocurrency market value.

In fact, 2019 can already see the beginning of a "blood change" trend. Some head projects with stagnant technology or lax consensus have fallen back and forth in market capitalization, such as IOTA out of the top 20, Qtum out of the top 30, OmiseGo out of the top 50. In their place, BNB and XTZ were in the top 10, Cosmos broke into the TOP15 in the fourth quarter, Chainlink remained in the top 20 with a strong performance in the second quarter, DeFi rookie SNX was in the TOP35...

In 2020, we expect this trend to intensify, with projects with rising momentum and good technology, products, ecology and consensus going forward, and a number of competitive new blockchain projects such as Filecoin, Polkadot, Conflux, TON (and Dfinity) coming online, with forgotten project tokens completely abandoned.

Outlier Ventures' prediction: bitcoin will get real

We believe that in 2020, the development of bitcoin will shift from a simple "store of value" to an open financial "platform" with the safest and most trusted settlement layer in the market.

The halving of bitcoin production will capture much of the industry's and media's attention, with price behaviour dominating investors' thinking. But the growth of LApps and the broader data underpinning will be a stronger signal of the development of bitcoin's online fee market and the currency's long-term viability.

The prediction: by the end of 2020, bitcoin's market capitalization has increased from 66% to at least 75% of the cryptocurrency market.

Note: Lightning Network application, also known as "LApps". It allows bitcoin holders on the lightning network to take advantage of its low cost and instant transactions. Lapps will play an important role in the evolution of bitcoin and how it expands to accommodate more users and transactions.

Interpretation of BlockBeats:

Bitcoin's biggest significance may still be as a store of value rather than as a practical payment. A deflationary economic design and high volatility make it difficult to make everyday business payments, but bitcoin will still do well for large cross-border payments or for certain gray areas.

Another interesting phenomenon to see this year is the intrusion of DeFi by bitcoin assets on eaeum, such as wBTC, zBTC, imBTC, etc. Compared with ETH, BTC has better liquidity and stability. Can the bitcoin assets mapped on the Ethernet chain replace the native currency ETH as the preferred collateral or become an indispensable part of DeFi? At present, there is no answer to this question. We can observe the development trend of this year.

However, we disagree with predictions of a rising market capitalisation for bitcoin. It is doubtful whether bitcoin's growth in lightning networking and consensus diffusion will outpace the hype and value growth of the next generation of blockchain projects.

Outlier Ventures predicts 9: ethereum won't have any more apps, but DeFi will continue to be hot

We hope to see the application of layer 2, in addition to crowdfunding and DeFi; We would like to see current games using EOS and Tron migrate to ethereum and use the DeFi module components. With the growth of MAST/Taproot on the bitcoin network, and new smart contract platforms coming online in 2020, we're likely to see more and more platforms with stable development teams. This will result in fewer new dapps being developed on ethereum, but will retain niches such as MakerDAO and Compound, which can drive up the value of monthly active users and lockups in smart contracts. But it is hard to predict whether a hot style application developed with DeFi modules will use eethernet as the base layer or, like interoperability projects such as the GEO protocol, reduce the importance and value of the base layer over time.

Forecast: the total value of locketry in ethereum will exceed $1 billion by 2020.

Interpretation of BlockBeats:

On current trends, ethereum is the preferred open finance platform in existence, having amassed nearly $700 million in digital assets. Cosmos, Polkadot, and Celo, which Olaf recently trumpeted, have yet to wreak havoc on ethereum. On the contrary, as the interoperability technology matures, more and more bitcoin assets and other corporate chain assets will also be pledged into the ethereum ecosystem. The total value of ethereum's locketry in 2020 will exceed $1 billion.



Outlier Ventures' prediction 10: if you focus only on the old giants, you'll miss out on the new blockchain networks

An "oversupply" of new smart contract platforms will emerge in 2020, with a focus on acquisitions of developers and customers. Over time, most developers will become more familiar with the blockchain platform. Currently, less than 1% of developers worldwide are familiar with the development of blockchain platform.

Most developers want software that is stable, secure, fast, and easy to use. Polkadot, Fetch. Ai, Dfinity, Hashgraph, Near Protocol, Spacemesh, Solana, Telegram Open Network, Thunder Token, nCent, and all the existing blockchain platforms in the market, such as Cardano, Tezos, Holochain, Algorand, Blockstack, are all different to some extent, but the biggest problem is: How do they cut with developers who need to build killer apps? And how to attract consumers?

Different acquisition strategies for developers include accelerators, ecosystem funds, and developer conferences, and while some projects have seen their total number of developers and market share grow, most will compete heavily with ethereum and bitcoin in 2020.

Forecast: none of the new smart contract platforms had more than 400 applications by year-end.

Interpretation of BlockBeats:

"Oversupply" is an apt description. The market is full of new but useless chains, and too many projects end up being self-serving rather than appealing to real users. In 2020, such a chain project is destined to be eliminated from the market, the project side may gradually disappear and stop updating, or return to the community to do nothing.

At the same time, an interesting phenomenon is that the financial basic will choose the etheric fang, spinach kind application can choose EOS and wave field, the BSV and Blockstack appeared a batch of it is not the native applications, we expect the "application of belonging" will continue in the future, with a different mechanism of consensus and the growth of the chain is suitable for different soil and chain.

(block rhythm BlockBeats note: Dappreview December 30, 2019 listed DAPP TOP9)

Outlier Ventures predicts 11:20 years is a baptism

There will be very few new tokens coming up and they will all be more mature. By the end of 2020, public offerings and listings will no longer be seed companies, and while they will not be as mature as traditional ipos, there will be at least one product that fits the market.

Prediction result: more than 50% of the token will be removed.

Interpretation of BlockBeats:

As mentioned in prediction 7, we think 2020 will still be a baptism of fire for projects that have stalled.

Outlier Ventures' prediction 12: investors don't want to be clients, they want revenue

Since the ICO market collapse and the weakness of IEO revenues, projects have been exploring other token distribution strategies to coordinate fundraising and the interests of network participants.

The ideal allocation of tokens can solve such problems as speculation, regulation, network asymmetry, market irrationality and stakeholder alignment. Strategies from different teams have been proposed or tested, such as lock-drop, warlock, liquid airdrops, and so on. By 2020, a clear trend is for the market size of investors among active web participants to shrink, making it impossible to raise enough money to build a global network. We'll go back to startups selling equity to investors to raise money and using token as a way to reward users.

Prediction: before mainline came online, 90% of western cryptocurrency projects were primarily funded by equity.

Interpretation of BlockBeats:

Admittedly, equity is still the primary financing tool, and the institutions willing to accept token financing before the main network goes online are often limited to professional institutions in the field of encryption. A wider range of venture capital is beginning to spread to later rounds of blockchain project financing.

2019 seems to be a year of disappointment for the cryptocurrency industry. Apart from the hype of bitcoin price and the short-lived rise of IEO, we still haven't waited for the substantial breakthrough of blockchain in the basic aspect. The only good news may be the growing popularity of DeFi, but that is limited to the cryptocurrency industry, where outsiders remain powerless.

There are, of course, glimmers of hope amid the disappointment. Facebook is the driving force behind attempts to issue a global stability currency, Libra, BTC futures for physical delivery of Bakkt line backed by nyse parent company, and the listing of mining giant CAN...

In 2020, we expect the cryptocurrency industry to undergo a new transformation in the baptism, truly into the application of life.

Outlier Ventureshttps://outlierventures.io/outlier-ventures-reveals-its-top-blockchain-predictions-for-2020/
BlockBeats 0x60 BlockBeats 0x60 BlockBeats 0x60 BlockBeats 0x60https://www.theblockbeats.com/news/662

Welcome to join the official BlockBeats community:

Telegram Subscription Group: https://t.me/theblockbeats

Telegram Discussion Group: https://t.me/BlockBeats_App

Official Twitter Account: https://twitter.com/BlockBeatsAsia