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Crypto 2024 Review: Top Booms, Busts & Biggest Surprises

Crypto 2024 Review: Top Booms, Busts & Biggest Surprises

The past year has been a whirlwind for the crypto industry, starting at a significant low as the long-standing aftermath of the Crypto Winter continued to hit the market.

Uncertainty loomed, especially with harsher crypto regulations appearing worldwide.

However, the more we progressed into 2024, the higher market sentiment lifted. From the introduction of Bitcoin (BTC) spot exchange traded funds (ETFs) that drove higher institutional investment to a significantly important crypto election in the United States, the market managed to reach uncharted territory.

Let’s explore the top crypto events of 2024 and see where the industry could be heading in the upcoming year.

Key Takeaways

  • Bitcoin soared 120% in 2024, breaking the $100K milestone.
  • Donald Trump’s pro-crypto policies boosted market confidence.
  • Regulatory clarity improved with XRP’s SEC victory and Tornado Cash rulings.
  • Cross-chain interoperability and asset tokenization gained traction.
  • Experts predict 2025 will focus on utility, AI, and privacy technologies.

Bitcoin Reaches New Highs – ETFs, Halving & $100K

2024 was undoubtedly a successful year for the biggest and oldest cryptocurrency on the market – BTC.

From the introduction of BTC spot ETFs in January, the fourth halving event in April, and BTC’s all-time high milestone in December – the cryptocurrency set a bullish sentiment across the entire industry.

According to CoinMarketCap, over the past year the BTC price soared by nearly 120% from lows of $42,00 at the start of the year to breaking the $100,000 milestone in December.

Laurent Benayoun, the CEO of Acheron Trading, a crypto market-making firm, told Techopedia:

“The approval of spot ETFs in the U.S. has led to net inflows of institutional money into the underlying spot markets. It is one of the macroeconomic factors … that led to a positive price impact for BTC in particular, which was accompanied by larger trading volumes.

“The target clientele for U.S. spot ETFs is institutional in nature, such as pension funds and mutual funds.

“These large investment vehicles have gradually increased their exposure, and it is reasonable to expect that the trend will continue in the current climate.

“Further, ETF filings were based on the classification of the underlying as commodities. In granting its approval, the SEC [U.S. Securities and Exchange Commission] thus clarified the nature of the asset class from a traditional finance perspective.”

In addition to the introduction of BTC ETFs, this year saw another significant event – the halving event in April.

Historically, halvings have triggered long-term price appreciation not just for BTC but the industry as a whole, and 2024 once again proved no exception.

Donald Trump’s Change of Heart

Arguably, the biggest surprise of the year was one major factor that played a key role not only for the BTC price but also the entire crypto industry: Donald Trump’s change of heart – more specifically, his stance on the cryptocurrency industry.

Yuya Hasegawa, the crypto market analyst at bitbank explained to Techopedia:

“It is a well-known story that during his first term as president, Donald Trump hated Bitcoin and crypto in general, but during a conference back in July, he promised to create a strategic stockpile of Bitcoin. Since his victory in November, there have been proposals to build the so-called Strategic Bitcoin Reserve (SBR) in several countries, including Russia.”

While Congress conversations over building a strategic BTC reserve are ongoing, if the global race to build them intensifies, BTC’s price could continue to grow.

Alice Shikova, the marketing lead at digital identity platform SPACE ID, added:

“Trump has promised to make America a leading crypto hub, create a Bitcoin reserve, and remove one of crypto’s biggest adversaries – SEC chair Gary Gensler, who will step down in January.

“This helped Bitcoin reach new all-time highs and set the stage for crypto to continue gaining legitimacy in 2025.”

Crypto Saw (Some) Regulatory Clarity

Another notable achievement for the crypto industry in 2024 was the increase of regulatory clarity amid legal wins for a number of crypto projects. A prominent example of this was XRP’s major win in its long-standing battle against the SEC, Shikova highlighted.

Another recent milestone was the overturned sanctions against Tornado Cash, as a U.S. Federal Appeals Court found them to have been outside the scope of the U.S. Treasury Department.

However, other legal battles within the crypto space were not as successful: Changpeng Zhao (CZ), the founder of Binance, went to jail for four months for anti-money laundering violations.

As Anndy Lian, an inter-governmental blockchain advisor, explained:

“His departure from Binance marked a significant shift for the exchange. Why it matters? Binance’s struggles raised concerns about the stability of major exchanges.

“CZ’s legal issues also highlighted the broader challenges of regulatory compliance in the crypto industry.”

Cross-Chain Interoperability & Higher Utility

Another shift within the crypto space in 2024 was moving towards cross-chain interoperability and higher utility.

“Major players are increasingly focused on improving interoperability between different blockchain protocols through strategic partnerships. This focus on cross-chain compatibility is crucial as digital assets become more integrated across diverse ecosystems,” Tom Kiddle, the co-founder of Palisade explained.

This was seen in partnerships between projects such as BitcoinOS and Cardano, bringing the second largest blockchain onto the BTC blockchain with no intermediaries.

But apart from cross-chain interoperability taking over 2024, real-world utility assets were also seeing higher adoption as investors moved away from just treating crypto as a store of value and into how it can be implemented into everyday lives.

Dean Tribble, the CEO of Agoric Systems, added:

“The focus shifted in big ways from speculative wealth to creating meaningful value and experiences for users of these platforms.

“Ideas like chain abstraction and technologies like orchestration gained so much momentum because builders are realizing that simplifying how users and developers interact with decentralized applications (dApps) and blockchains is critical.

“This was the year we saw an industry-wide, concerted effort to make Web3 seamless and intuitive like Web2.”

What to Expect in 2025?

So, what can the crypto industry expect to see in 2025?

More Utility

Experts are confident that in the new year, the crypto industry will only continue moving forward with a higher focus on utility, with certain Layer-1 (L1) blockchains coming out ahead.

“We will see the Sui ecosystem go from strength to strength, leading in the most exciting sectors, like DePIN and GameFi. But gaming is going to experience an evolution from mindless tap-to-earn games to P2E games with real-world utility,” Tim Kravchunovsky, the CEO and founder of Chirp, said.

Real-World Asset (RWA) tokenization could also take over as a key trend in 2025, Jon Trask, the CEO of Dimitra, a leading AI-based operating system, told Techopedia.

“The tokenization of assets like carbon credits, farmland, and commodities is expected to grow rapidly as blockchain connects traditional and digital economies.”

USA to Lead Crypto Innovation

Following Trump’s presidential win and inauguration, experts expect the industry to move towards a more stable and mature state, with the U.S. leading the way for crypto innovation.

Lian highlighted:

“Under the leadership of pro-crypto policies, the United States is emerging as a global hub for blockchain and cryptocurrency innovation.

“With initiatives to attract crypto businesses and establish Bitcoin reserves, the U.S. is setting the stage for widespread adoption.

“This leadership is expected to inspire other nations to follow suit, fostering healthy competition and innovation worldwide.”

Digital Privacy & AI

The future of privacy on the internet is also expected to be a key focal point in 2025 as zero-knowledge proof (ZKP) technology continues to evolve.

“ZK tech is unique in that it allows the U.S. to prove that something is true without revealing any sensitive data.

“We’re already seeing this technology gaining momentum compared to a few years ago, and I foresee it becoming a central part of any infrastructure dealing with identity or personal data,” SPACE ID’s Shikova added.

Additionally, the combination of artificial intelligence (AI) and blockchain tech will continue to grow. Dimitra’s Trask noted that the combination of AI’s analytical power with blockchain’s transparency will bring forth new opportunities, especially in agriculture and finance.

The Bottom Line

2024 was a big year for the crypto industry. Bitcoin reached new highs, surpassing $100K, fueled by spot ETFs and institutional adoption.

Regulatory clarity improved with victories like XRP’s case, while real-world utility and cross-chain interoperability gained momentum. Donald Trump’s pro-crypto stance and election win set the U.S. on a path to becoming a global crypto leader.

Looking ahead, experts are predicting that 2025 could be poised for growth in areas like asset tokenization, AI-blockchain integration, and privacy-focused technologies.

With increasing utility, the crypto ecosystem is moving beyond speculation — are we ready for a mature and accessible digital economy?

 

Source: https://www.techopedia.com/crypto-2024-review

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Web3 in Review: A Reality Check on 2023’s Top Five Predictions

Web3 in Review: A Reality Check on 2023’s Top Five Predictions

As the year draws to a close, it’s time to reflect on the Web3 predictions made at the dawn of 2023. Visionaries and experts from across the industry shared their insights on where the world of blockchain, NFTs, and decentralized technologies was heading. But did reality meet expectations? Let’s delve into the five key predictions and measure them against the outcomes.

 

1. Tokenization of Real-World Assets

 

Prediction:

Experts foresaw a significant shift with the tokenization of tangible assets like real estate, driven by the unique capabilities of tokens and smart contracts. “One of the big innovations of Web3 are tokens — both fungible and non-fungible assets that are inherently unique — and the ability to program them with smart contracts that track them,” said Avivah Litan, vice president and analyst at Gartner.

What Actually Happened:

The tokenization of real-world assets (RWAs) has indeed taken significant strides in 2023. Boston Consulting Group projects that by the end of the decade, the tokenization of global illiquid assets could be a colossal US$16 trillion industry. The total value of tokenized RWAs reached a record US$2.75 billion in August 2023, indicating robust market growth. Institutions have shown a marked interest in tokenized assets, with 91% of institutional investors considering investments in them. Real estate, in particular, has seen explosive growth with the value of on-chain real estate surging by 102% in just three quarters.

Projects like RealT and Tangible have dominated the market, with the latter growing the total market cap of its token from US$100,000 to an impressive US$95.6 million as of November 9, 2023. Beyond real estate, tokenization is making inroads into collectibles, luxury goods, and traditional financial instruments like bonds and ETFs. Even U.S. Treasurys have been tokenized, reaching a valuation of US$698 million. Banking giants UBS and JPMorgan have also entered the fray, launching platforms to bridge traditional financial assets with blockchain technology.

 

2. Web 3.0 Browsers: Empowering Users

 

Prediction:

Web 3.0 promised browsers that would return data control to the users, fostering trust and ownership, was a big prediction this year. The prediction suggested a pivotal change in how customer relationships are managed online.

What Actually Happened:

The landscape of web browsing has taken a significant turn with the adoption of Web 3.0 browsers, which emphasize user privacy, security, and decentralization. Throughout 2023, browsers like Brave, Opera, and Osiris have led the charge in integrating blockchain technologies, offering built-in crypto wallets, and providing direct access to decentralized applications (dApps). Brave, for instance, has seen a surge in users, boasting over 50 million monthly active users. These browsers have not only delivered enhanced privacy through anonymous browsing and ad-blocking features but have also incentivized users with cryptocurrency rewards.

The year saw a proliferation of such browsers, each introducing unique functionalities aimed at a decentralized web experience, ranging from Puma’s peer-to-peer file hosting to Beaker’s ability to create and host websites without servers. The developments in Web 3.0 browsers indicate a move towards a more secure, user-controlled internet, fulfilling the predictions made at the beginning of the year.

 

3. Accessible Blockchain via BaaS

 

Prediction:

Many, including Sani Abdul-Jabbar, a Forbes Councils Member, believed that in 2023, blockchain-as-a-service (BaaS) would be a game-changer for businesses, offering an easy and cost-effective way to adopt blockchain technology without the need for in-house development. This shift will enable companies to enhance operations and competitiveness in their markets.

What Actually Happened:

The blockchain-as-a-service (BaaS) market has experienced a meteoric rise, witnessing considerable growth throughout 2023 and projected to expand significantly until 2030. The surge is mainly attributed to the escalating demand across diverse sectors such as banking, financial services, insurance, information technology and telecom services, healthcare, retail, and government, among others. Notably, North America, and particularly the United States, played a pivotal role in this growth, leveraging advanced technology and housing major industry players. Europe also contributed to the market’s expansion with a significant CAGR. Leaders in the BaaS landscape, like Infosys, IBM, Accenture, AWS, and Microsoft, have driven innovation and adoption, with the market’s value anticipated to reach new heights by the end of the decade.

The increasing need for cost-effective and efficient blockchain solutions has bolstered the demand for BaaS, with a clear post-COVID-19 recovery trend and optimistic investment forecasts for the future. The sector’s growth trajectory is underpinned by technological advances, enhancing product performance and downstream applications. The BaaS market’s upward trend reflects a growing appreciation for blockchain’s transformative potential in mainstream business applications.

 

4. AI Integration in Web3 and NFTs

 

Prediction:

In 2023, AI was predicted to significantly influence NFTs, with creators using it to craft narratives through graphic novels, films, and interactive games that incorporate NFTs. This integration will allow for rapid world-building and asset creation, transforming the pace and scope of project development in the Web3 space. Anjali Young, co-founder of Collab.Land and chief community officer of Abridged, highlighted the profound impact AI will have on NFT innovation and engagement this year.

What Actually Happened:

In 2023, the NFT space was indeed significantly influenced by the integration of Web3 and AI, as highlighted by Anndy Lian in his keynote speech at the NFT 2023 Seoul conference. NFTs, which are unique digital assets verifiable via blockchain, have seen exponential market growth, with major collections fetching millions at auctions and sales volumes hitting staggering figures. AI has been pivotal in advancing NFTs, enabling the automatic generation of digital art and creating interactive, intelligent NFTs that can speak and learn. Web3’s decentralized, user-centric internet model further supports the NFT ecosystem by providing secure and efficient identity management and proof of ownership, enhancing user participation and control.

The union of AI and Web3 with NFTs is driving a new era of digital asset innovation and ownership, offering a democratized and decentralized internet experience. This fusion promises a future where digital assets are dynamic, intelligent, and integral to user interactions within the digital environment.

 

5. Democratization of NFT Creation

 

Prediction:

In 2023, the arrival of an open-source platform akin to “WordPress for Web3” is anticipated to revolutionize the creation and launch of NFT projects, removing current barriers and simplifying the process without the need for specialized developers or consultants. This innovation will pave the way for mass adoption and versatility in NFT use cases, supported by an open architecture that allows for extensive customization through third-party tools. Michael Stelzner, founder and CEO of Social Media Examiner, host of the Web3 Business Podcast, and author of the books Writing White Papers and Launch, predicts this pivotal development will catalyze a new era of creativity and entrepreneurship in Web3, laying the groundwork for its future expansion.

What Actually Happened:

OpenSea, the leading NFT marketplace, introduced OpenSea Studio in 2023, revolutionizing the process of NFT creation and making it a more inclusive and accessible activity. The platform democratized the creation of NFTs by providing a user-friendly interface that requires no coding skills, allowing creators to mint NFTs directly into their wallets with ease. With the inclusion of features such as blockchain compatibility and payment options via credit or debit cards, OpenSea Studio has lowered the barriers for entry into the NFT space, aligning with the efforts of platforms like Manifold and ThirdWeb.

This shift towards greater democratization has had a substantial impact on the NFT community, encouraging wider participation and innovation in digital art and asset creation. The move also signifies the end of OpenSea’s lazy-minting feature, paving the way for creators to establish collections on independent smart contracts, offering more control and customization over their digital assets. OpenSea Studio’s introduction is a testament to the evolving NFT landscape, focusing on creator empowerment and expanded access.

 

As we wrap up our comprehensive review of Web3’s trajectory in 2023, it’s clear that the year has been a watershed moment for blockchain technology, NFTs, and decentralized platforms. The advancements we’ve witnessed have not only met but in many cases, exceeded the ambitious predictions set forth at the year’s outset. From the burgeoning tokenization of real-world assets to the empowering shift in web browsing experiences, the strides made towards accessible blockchain services, and the exciting fusion of AI with NFTs, 2023 has been a year of significant milestones.

 

Embracing Web3’s Leap Forward

 

Reflecting on 2023, Web3 has surpassed expectations, marking a year of unprecedented growth and innovation. The tangible impact of tokenization, user-centric web browsing, the rise of blockchain services, and the synergy between AI and NFTs underscore a pivotal shift. With each stride, Web3 cements itself as a transformative force. Keep an eye on BTSE’s blog for future insights into this ever-evolving digital landscape.

 

 

 

Source: https://www.btse.com/blog/web3-in-review-a-reality-check-on-2023s-top-five-predictions/

How has AI integration influenced the NFT space within Web3?

In 2023, the integration of AI into Web3 significantly impacted the NFT space, revolutionizing asset creation and project development. Key figures like Anjali Young and Anndy Lian highlighted AI's role in crafting narratives, generating digital art, and creating interactive, intelligent NFTs. This integration accelerated market growth, with NFT collections fetching millions and sales volumes reaching unprecedented levels. Discover the profound influence of AI on NFT innovation within Web3.

What role does AI play in advancing NFTs and shaping the Web3 ecosystem?

In the context of NFTs, AI has been pivotal in automating digital art generation and enabling the creation of interactive, intelligent NFTs capable of learning and communicating. Anndy Lian, speaking at the NFT 2023 Seoul conference, emphasized AI's impact in empowering the NFT market's exponential growth. Explore how AI integration is reshaping the Web3 landscape, enhancing user engagement, and fostering a democratized digital asset ownership experience.

How does the fusion of AI, Web3, and NFTs drive innovation in digital asset ownership?

The convergence of AI and Web3 technologies has propelled the NFT space into a new era of innovation and ownership. This fusion not only facilitates the automatic generation of digital assets but also secures and verifies ownership via blockchain. Learn how this union revolutionizes the digital landscape, promising a future where dynamic and intelligent digital assets redefine user interactions and participation in the decentralized internet environment.

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

The growing popularity of crypto social trading: Quick review

The growing popularity of crypto social trading: Quick review

Social and copy trading tools are relatively new in the cryptocurrency scene. Basically, their trades are reflected in your account. Their profits are your profits and their losses are your losses.

Such tools are simple to use and have all the features that any trader will need. How would DeFi and social trading work together? Let’s look into it now.

Community-powered DeFi protocol Pollen aims to shake up the asset management industry with its bold attempt to really put the community in the driving seat, led by top-performing traders that emerge from the community.

As the first really tangible step to making that happen after two years’ development and several months of testing involving 7,000+ beta users, Pollen has now launched its trading simulation product after 99 per cent backing in a 100K strong community vote in line with Pollen’s merit-based DAO structure.

But in a growing market for social trading globally how does it stack up against existing startups in the space, such as eToro and League of Traders?

The mainnet launch is designed to create a community of crypto traders, so-called ‘Pollinators’ which in turn will identify a talent pool of the top performers. These users will provide the trading insights to power the asset-backed Pollen Indexes.

How it works is that Pollen Virtual enables traders to try out their trading strategies in a safe sandbox environment, based on staked tokens, in a portfolio composed of assets available on Pollen with the ability to rebalance the proportion of each asset to improve performance in real-time.

In turn, this encourages traders to compete in a leaderboard to earn reputation points and PLNs. Those less willing to risk their tokens can delegate them to the best performers for an 80% share of the trading profits.

Pollen’s social model fits a post-Terra DeFi world, where the trust is put in the decentralised community rather than the founders. Of course, the downside is the gains are not going to be crazy DeFi gains where you stake a dollar and have a million in your wallet in a couple of days!

Instead, as Agova explained, the aim of Pollen is to bring some much-needed balance to DeFi and reduce the risk, reduce the volatility through indexes. “DeFi for grownups. It’s DeFi if you’re not necessarily crypto savvy, but an average person with some disposable income that wants to get into DeFi but can’t get into DeFi.”

The virtual assets users allocate in their Pollen Virtual portfolio (with the protocol based on the Avalanche and Ethereum ecosystem) represent real assets, meaning that they rise and fall depending on each asset’s performance in real life.

However, there is no exposure to the underlying assets in the Pollen Virtual portfolio: they are purely simulations, with only PLN earned or burned depending on the portfolio’s performance. The Pollen Virtual protocol actually has two tokens available to users, the PLN is the native token, and vePLN is what they call the “voter escrow token” which users obtain when they lock their PLN.

While you can earn PLN as a reward you cannot earn vePLN, as a locked token, it simply allows you to earn rewards up to 20 per cent more. However, to add a gamification element you can lose vePLN as a result of poor performance of your trading activity.

How eToro compares

In comparison one of the market leaders eToro offers is the ability to see how other investors and traders manage their crypto portfolios which allows you to take advantage of their tactics.

In addition, eToro provides a service called copy trading which automates the copying of the best-performing investors. A third layer of social trading is access to forums where traders can discuss their strategies.

In a way similar to Pollen eToro also offers a virtual trading account. However, a key difference is that you don’t need to buy eToro’s own token to participate, instead, you use US$100,000 in fake money so the quality of the learning is probably not as great as with Pollen where you can lose PLN and reputation ranking for poor performance.

Bethany Garner of Forbes Advisor in reviewing eToro confirmed that it lets users buy and sell more than 60 crypto assets and offers its own crypto wallet for users to store their tokens.

Plus, as well as the social trading tools. “Anyone, even those who aren’t users, can visit eToro and gain access to lessons on investment terms, interpreting the markets, and different types of assets through the eToro Academy.”

That educational support is certainly lacking from Pollen currently, but no doubt will be something they’ll want to develop once the asset management service launches later in the year.

Gamifying trading

A neat twist on the social trading concept is the leading social trading service in Asia League of Traders, a crypto app that runs a leaderboard similar to Pollen, where the best performers are rewarded.

League of Traders has ‘doubled down’ on social trading by gamifying crypto trading with features including real-time leaderboards, monthly competitions, and trader profiles, transforming trading into a social, competitive experience. Each user’s profile includes a growth chart, token distribution pie chart, volatility risk assessment and current positions which allows speedy insight into one’s portfolio’s strength.

And unlike Pollen, which works as a closed ecosystem, or eToro which aims to make money from your crypto purchases, using the app you can link your portfolios across different exchanges to see their performance aggregated in one place. Like eToro however you can also click on the profile of top traders to check out their portfolio, with the option to copy another account.

Barrister and Attorney at Law at BlockchainLex.io, Brian Sanya Mondoh, said, “In my view, the delegation of tokens to make profits by delegators is likely to interact with the Howey Test, as there is an investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others.”

Mondoh added that crypto regulation is rapidly underway with many DeFi protocols presented as real risks to consumers, businesses, national security, and the financial system. The recent Terra collapse is still fresh in our minds and has further highlighted the need for appropriate regulation to help mitigate consumer, market integrity and financial stability risks,” he added.

Anndy Lian, Chairman of BigONE Exchange said Pollen was a great example of what DeFi can offer following the Terra collapse. “The risky returns offered by Terra’s Anchor Protocol proved that you need to base DeFi on sound first principles, a decentralised offering which empowers users rather than encouraging them to take unsustainable risks.

“I’m impressed by Pollen’s careful stepped approach to their social offering driven by community-led adoption and testing to get it right. I particularly like the fact that anyone can create their own asset pools, and then turn successful indexes public, and earn tokens. But of course, for the newcomer, a service like eToro or League of Traders has a lot to offer where you can learn from the best traders.

“And while eToro like Pollen wants you to stick to its ecosystem I like the flexibility of League of Traders, aggregating your traders under one roof, while also gamifying the experience through the regular trading competitions. Clearly, the social trading market in crypto is only going to grow further in the future, as Web3 is the perfect architecture for a networked decentralised people-led approach to trading and investing.”

 

Original Source: https://e27.co/the-growing-popularity-of-crypto-social-trading-quick-review-20220620/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j