Predictions from 7 blockchain experts for Web 3.0, GameFi and the Metaverse

Recently, Cryptovo hosted a star-studded roundtable with attendees including DigiByte co-founder Hans Koning, Crypto Corner’s host OJ Jordan, Citizen Cosmos’ Sergei Simanovskiy, Bit’s media creative director Alexandra Demidova, Zelwyn ecosystem chief Executive Officer Nikolai Shkilev, Holochain’s Executive Director Mary Camacho and BDC Consulting’s CBDO Paul Moukhine.

The roundtable discussed various blockchain-related technologies, including GameFi, the Metaverse, and Web 3.0. The conversation revolved around predictions, and while the experts didn't always share the same views, there were several insightful consensuses in their conversations.

br

Metaverse: Is 2022 just the beginning?
The metaverse is in vogue right now, but it's still in its "baby stage," and opinions from experts vary widely. Jordan noted that given the interactivity of the metaverse combined with blockchain technology, virtual reality will finally get the much-needed boost to thrive.



With this in mind, the market value of the Metaverse could rise tenfold from the current $70 billion and reach $800 billion within two years.

Mary Camacho disagrees, noting that the metaverse still needs time. The Metaverse has many other technologies besides blockchain. Given these complexities, it would be unwise to assume that the industry will experience rapid growth.

In 2022, new individuals, institutions and brands will continue to capture the value of the industry, but only in progressive directions.

Hans Koning concluded the metaverse by saying that most people would rather own virtual assets than participate in an active metaverse. For him, aside from Metabrands, projects like OpenSea and Decentry have a lot of potential.



GameFi: Should we expect player decentralization?


The game space is closely connected to the metaverse. According to Alexandra Demidova, while Crypto game projects will increase in 2021, there is no clear distinction between the two.

The market already has some well-performing games, and in reality, there's no indication that we'll see a new game on the scale of Axie Infinity appear in 2022.