Cryptocurrency prices were mixed on the first Monday of 2022 as analysts focused on a number of major topics for the sector.
At last check bitcoin was up slightly to $47,236, while ethereum was up 2.1% to $3,825 and dogecoin was off slightly to $0.172782.
Winston Ma, managing partner of CloudTree Ventures, said he saw a future for GameFi, a combination of gaming and decentralized finance within a single ecosystem.
“If 2021 can be considered to be the year of DeFi and [nonfungible tokens],” he said, “it is almost certain that 2022 will be the year of GameFi and the Metaverse.”
Ma is author of “The Digital War – How China’s Tech Power Shapes the Future of AI, Blockchain and Cyberspace.”
The prime watershed moment for NFTs that followed the metaverse narrative is through GameFi protocols, Ma added.
Huobi Research issued a report last week that said the number of GameFi games has skyrocketed since the summer.
As of early December, the report said, GameFi’s weekly active users have reached a record 9.21 million.
