The advent of Bitcoin's blockchain technology has opened up a world of possibilities that were never imagined. People can finally achieve financial freedom by being their own bank anytime, anywhere. In 2017, there was the ICO boom where crypto land was filled with hype with many companies launching their own business ventures. Everything has been about smart contracts, on-chain privacy, and Blockchain-based gaming. But ever since prices started to decline back in 2018, there has been a lost of interest into crypto and Blockchain tech from people in the mainstream world.
It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
I think next big trend in crypto will come in 2022 or 2023 when bulls market would have settled and we would be into next downtrend.It's now 2020, where many exciting events are yet to come. Bitcoin will experience another reduction in its block reward (halving), while Ethereum becomes closer to adopting PoS into its blockchain network. The space is definitely maturing, but the level of demand is still a lot less than it was back in 2017.
Nonetheless, I'm curious to know what's the next big thing in crypto?
I think next big trend will also be in defi category but this time defi would be advanced with real world use cases, extraordinary products and services that will really challenge traditional financial system as people will rush to adopt defi products.