Cryptos have had many crazes all over the years. First, it was Bitcoin appearance.
right after that, there were the altcoins and soon after the ICOs, IPOs and all the O's thingy craze. Afterwards the PoS and stacking craze came to play and then smart contracts came around then the DAO Blow. Then the Cexes, the Dexes and right after that, we saw NFTs rise along with the metaverse. (I'm probably missing something). Now we just had the Merge.
Many of these phases have helped the crypto market achieve new highs and led the blockchain technology to go mainstream.
A lot of developments have been a part of the industry growth, so my question here is, what do you guys think will be the next craze in the industry?
NFTs are probably rising again bigger then ever, but next NEW thing could be zero knowledge smart contracts on layer 1. People always assume that because something is zero knowledge, it would be a privacy coin that's going to be wiped out because of regulators. But privacy coins can be build so that they comply with regulations. So i honestly think what Dusk is doing could change the whole game.
But you can't really know what kind of protocols are going to be adopted by the whales of crypto. No one rally knew when first NFT prototypes were launched how big it would get and how it would be implemented.