TechFlow news, Multicoin Capital released its 2024 outlook covering the following key areas:
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Predicts that in the future, exchanges will resemble social platforms more closely, with asset pricing increasingly dependent on social attention rather than traditional metrics.
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Expresses optimism about the NFT space, believing blockchain solves key issues in collecting and is expected to give rise to new collector-focused social networks.
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Sees opportunities in consumer-facing remittance applications and B2B SaaS services for physical remittance operators. Stablecoins are expected to reduce global remittance costs.
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Predicts that cryptocurrency will shift from being a product in itself to becoming a driver of economic outcomes across industries, emphasizing real-world use cases.
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Expects significant growth in on-chain data in 2024, calling for more effective handling of on-chain social data to build solutions better suited for social products.
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Highlights that new token distribution methods will adopt DePIN and Points models to attract new users into the crypto ecosystem.
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Emphasizes the importance of UI composability and client-side zero-knowledge proofs in protecting user privacy.
