Total Locked Value of Crypto in Categories

The Crypto ecosystem has been growing since the first day of the launch of Bitcoin Blockchain. As crypto gains more value and generates new types of products, the necessity of creating sub-categories for each trendy product emerges with it.

So far the most attractive products of crypto are De-Fi, Layer 2, and Non-Fungible tokens. However, there are also sleeping giants that are likely to hit the next bull-run with the hype on them.

Let's discuss these branches of crypto! We will use the charts on TheBlock to address the questions in our mids ✌🏼

GameFi / Blockchain Gaming

Blockchain-based gaming has started as an alternative to commercial gaming but I strongly believe that most of the existing games will adopt crypto-friendly approach that is likely to emerge with NFT adoption or DAO integration into their gaming systems.

The highest level of TVL is slightly above $26M in total. If we compare with NFT market, the gaming is 1/3 of highest TVL of NFTs. I think this ratio will significantly change in the next bull-run 🎮

I do not expect Axie to outperform the rest as before. Yet, AlienWorlds, Splinterlands, Upland and many other games have evolved since the last bullish market season.

Launchpads

I really wonder why there is no Launchpad project on Hive yet. If there is, why not it is popular?

Launchpads are pretty important services as they can easily drive millions of traffic to the platforms.

These days there is an interest on Launchpads for sure. We may consider the recent Move-to-Earn hype as one of the factors of it. However, there must be some more reasons behind this hype!

About $600m TVL on Launchpads indicates how underrated GameFi concept is. Alpha investment and Launchpads are great types of investment if the tokens can be accessed without any locking period in crypto. I adore it!

NFT Lending

NFTs went viral and reached millions of people with nearly no efforts. However, I still think that the NFTs have not strengthened their position as digital assets with real utility and mass-adoption. At that point, staking, collateralizing, authorizing etc. are still developing areas of Nfts to grow this pre-mature sub-ecosystem.

For such a over-hyped product, $150m TVL is nothing at all. Next hype may easily 10x as the NFT developers care about advancing their products 😉

Yield Aggregators

I did not expect to see billions of dollars for Yield Aggregators but it is real! Another thing that surprised me is the duration of the high performance of Yield Aggregators contrary to the other products.

You can clearly see that Yield Aggregators are popular platforms that boost your earnings on their own platforms. By the way, CUB Finance on BNB Chain and PolyCUB on Polygon Network are 2 great platforms by the LeoFinance team! Do not sleep on then 🔥

Overall, $300b Value in Several Categories

That's an impressive number especially when we consider the fact that the solid projects are still undervalued and there is no regulation on crypto to welcome institutional investors!

Among all these branches, I think Gaming is the most promising branches of crypto that may shake the crypto ecosystem deeply with its market share. Aside from gaming, NFT staking + SocialFi are the other fancy products that I believe still undervalued.

Imagine a trend in which Splinterlands in Gaming and Hive in SocialFi go viral at the same time 😅 Do not forget the fact that it is quite possible and very likely 😌

Posted Using LeoFinance ^Beta