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2021 was The year. This was the year we saw so many new and exciting things happen in the Crypto space. Adoption has grown massively, increasing over 2,300% from the third quarter of 2019 and over 881% last year. Large institutions have started to play in space and this has led to the adoption of many interesting projects at impressive levels.
2021 was the year that Bitcoin hit an all-time high when the apex coin first saw its price surpass $ 68,000 on November 10, 2021. Other major Altcoins like Ethereum and BNB were not left behind. in this massive increase as they have seen their prices are also reaching impressive heights. So far, Ethereum has peaked at $ 4,800 while BNB hit an all-time high of $ 686.31 on May 10, 2021.
Generally it has been a good year for crypto enthusiasts and crypto projects. Non-fungible tokens (NFTs) have also gained massive adoption and acceptance in the industry. And in the spirit of innovation and adoption, the Metaverse is now all the rage, with social media giants Facebook even stepping forward to change its brand name to Meta. The move signaled the desire of CEO Mark Zuckerberg and his company to be the torchbearers in the metaverse they see as the future.
In the spirit of closing the year on a high note, one of the biggest crypto influencers, Evan Luthra has decided to share his end of year pieces. Evan believes these projects he magnanimously shared would end 2021 on good highs and generate positive returns for investors who ride the wave with them.
The first project Evan talks about (and very loudly, it should be added) is Gains VC. While not a traditional business with a cryptocurrency, Gains VC earned this mention because of the influence it has had in the investor space. Gains is a venture capital firm that invests in viable and promising crypto projects while providing investment opportunities for retail investors. The company has highly technical analysts who conduct in-depth research on budding projects by studying and gathering information from their vast network of well-connected influencers and pioneers in the crypto space. Collaboration is a principle that Gains VC takes to heart.
Next on Evan’s list is Para NFT. 2021 was the year non-fungible tokens really exploded with billions of dollars being traded in space every month. Para NFT is designed to use blockchain technology to provide an alternative and lucrative source of income for artists and influencers.
Built on the Polygon network, the Para NFT project already has a place in the German music industry (with an estimated audience of around 50,000,000 people) and using Para, fans, investors and blockchain enthusiasts and of the entertainment industry. can participate in the most unique NFT drops of Germany’s biggest stars.
HarmonyPad is another crypto project that Evan Luthra rates very well. It is the first launch pad designed with complete decentralization in mind. It is also the first Launchpad built on the Harmony (ONE) platform. HarmonyPad is a Launchpad designed to make it easy to launch decentralized applications (dApps) with tangible use cases that will add value to the crypto space and impact the world at large.
With an average of 2,000 transactions per second (TPS) and a potential to reach 24,000 TPS, Harmony’s Mainnet is one of the fastest blockchain networks and is faster than other networks. Like Ethereum, Binance Smart Chain (BSC), ThorChain etc.
The Harmony network has been an important hub for many aspiring DeFi developers and projects for some time. This is evident with their recent Hackathon where a cash prize of $ 1 million was up for grabs. The Hackathon aimed to bring traditional finance (TradFi) and decentralized finance (DeFi) closer together by bringing together developers Web2 and Web3 to encourage working relationships that would result in the creation of exciting protocols and tools for the future.
Moving on from HarmonyPad, Astra Guild Ventures is another crypto platform Evan has suggested to generate great benefits for investors. Investing in non-fungible tokens (NFT), Astra Guild Ventures (AGV) is a Decentralized Autonomous Organization (DAO) that bridges the gap between NFT game enthusiasts and gamers and investors. The organization has a community full of leaders in the Blockchain and NFT space who are committed to supporting the organization in its efforts to help blockchain enthusiasts earn income by leasing community-owned assets and providing a training on how to use these assets.
The winnings generated by the games that AGV provides to players in its community are shared between the players, aka the scholars, and the DAO. DAO generates approximately $ 1 million in monthly revenue. This is the figure available in August 2021. The goal is to increase income to $ 5,000,000 per month by the end of 2021.
Another great project that Evan mentioned is UpOnly. Yes, we know that sounds like a play on words, but it isn’t. Ironically, UpOnly is a term commonly used in the crypto space by enthusiasts to signify the direction in which a project should be headed. “To the moon” is also synonymous with this. Either way, the playing space to win is another big planet in the crypto universe, and that’s where UpOnly plays.
UpOnly is a data analytics platform (much like CoinMarketCap or CoinGecko) that provides detailed and comprehensive data on the gaming market to earn. UpOnly offers a decentralized infrastructure that allows spectators to leverage the data they provide in real value to themselves by using that data to bet on the outcome of games to be won.
There is no one great data and analytics platform for the fast growing gaming industry to win and UpOnly has seen this gap and is positioning itself to be the benchmark platform for this service. UpOnly’s infrastructure makes it a platform where viewers can quickly turn speculation and analysis into a lucrative earning opportunity.
One game to be won according to Evan deserves a mention here is Gadgetwar. Built on the Binance Smart Chain (BSC), it is a multidimensional game that combines robust and exciting gameplay with an impressive NFT experience. This game has a full game ecosystem and is created to extend and satisfy the growing interest in blockchain games. Players earn the native GWAR token by being proficient in the gameplay and contributing their time and effort to the ecosystem.
The last project Evan thinks he has a successful year-end is Immortal Games. It is the world’s first blockchain-based game that has a utility token that issues authenticated chess-based NFTs that can be collected. The game which is designed for chess lovers has a market where players can buy and sell the chips
Conclusion
2021 has been great for crypto. It’s pretty obvious when you look around the industry and it can end even more. The projects mentioned in this article can ensure that and while Evan Luthra’s belief in these projects is optimistic, you should do your research before investing or taking action in any of them.
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