2022 Is The Year Of Web 3.0

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We are nearing the take off point in my opinion. The momentum is gaining for DeFi, NFTs, and gaming. We are seeing integration across different platforms.

In this video I dsicuss how this is bringing us to the crossroads where it all starts to come together. This is Web 3.0. The next 12 months will see this start to emerge as the infrastructure is getting placed. We will see a massive explosion as different segments start to leverage each other for greater progress.


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Web 3.0 is coming and with that hopefully, new projects are also in the Hive space with the most waited for one - Speak Network. Any new projects that you think Hivers should keep an eye open upon?

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#ProjectBlank.

That is going to be a huge one. Watch what is happening with the Leofinance Mobile App since what is going in there is required for the microblogging app.

Hopefully we will see something by the end of the year.

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I wonder if 12 months is enough for the people to change over their view. From what I have seen, a lot of the traditional gamers are not sold on play to earn even though I think it works out.

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We will see. But just think of where NFTs were a year ago.

Or look at what DeFi was like 2 years ago.

We can see how far they came in a relatively short period of time.

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💭💭Hi so thinking a bit about what the metaverse will become, i think it won't be about the blockchain that makes it, I think we'll use a lot of different blockchains, what will matter is the experience. I think Hive community should build connections with Decentraland and The Sandbox communities. It only will bring more value. The blockchain that remains isolated won't win because we won't use only one blockchain.

What are your thoughts?

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Interoperability is required. The early days of the Internet were fragmented too. Over time, we got the web browser which joined it together.

We are starting to see bridges connected aspects of different blockchains. So it is in the works.

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Summary:
Task discusses his belief that 2022 will be the year of Web 3, emphasizing the increasing infrastructure in place. He talks about the penetration of DeFi into various sectors like social media and gaming, as well as the rise of NFTs. Task highlights the development of decentralized network states with various ecosystems like Cordano, Ethereum, Bitcoin, Hive, and others. He mentions the emergence of DAOs and the example of Constitution DAO raising funds for a historical document. Task also mentions the rise of city coins like Miami and New York, envisioning more cities adopting their tokens. He envisions a shift towards Web 3 applications and funding affecting finance, governance, ownership distribution, and human evolution. He predicts a significant growth in Web 3 applications, developers, and users by the end of 2022, particularly in the gaming sector. Task views Web 3 as a phase towards the metaverse, indicating a transformative era ahead.

Detailed Article:
Taskmaster 4450 delves into the concept of 2022 as the pivotal year for Web 3, a transformational phase in the evolution of the internet. He expresses great confidence in the probability of this transition, viewing it as a crucial juncture marked by exponential growth and cross-pollination in various sectors. DeFi's expansion into social media, gaming, and the integration of NFTs into different realms signal the progressive embracement of decentralized financial mechanisms. Task underscores the foundation of decentralized network states with the presence of diverse ecosystems such as Cordano, Ethereum, Hive, and others, akin to online countries with distinct economies and governance structures.

Furthermore, he discusses the emergence of DAOs, exemplified by the Constitution DAO's rapid fundraising for a historical document, portraying a potential model for future initiatives. The introduction of city coins like Miami and New York signifies a trend towards localized cryptocurrencies, hinting at more cities following suit. Task envisions a future where Web 3 principles revolutionize funding, governance, and ownership distribution, ushering in a new era of societal engagement with finance and technology.

Task anticipates a surge in Web 3 applications, developers, and users by the end of 2022, particularly in the gaming domain as gamers increasingly embrace cryptocurrency and NFTs. He foresees a monumental shift in human behavior, work dynamics, and societal structures as Web 3 concepts become more mainstream. Task predicts a significant increase in the number of people engaged in the Web 3 ecosystem, potentially reaching up to 750 million individuals by the end of 2022, with a massive influx from the gaming community. Ultimately, he positions Web 3 as a stepping stone towards the metaverse, signaling a transformative journey into a technologically advanced future.

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