The crypto, blockchain, Web3 and metaverse industries have grown in the last year, with some companies seeing a significant increase in their market share.
Roblox, a leader in the creation of virtual worlds that individuals want to visit, recently launched age-gated content with mature humor, story themes and violence. With the latest features, users can record themselves with computer or phone cameras and animate their avatars.
Over in the crypto world, the foundational pillars that uphold the space’s infrastructure grow stronger every day. Securitize, a leader in tokenizing real-world assets, recently partnered with TradFi and DeFi, entering into an agreement with a multibillion-dollar global investment manager.
Circle is offering stability with its stable coin, which demonstrates that stablecoins can be programmable payments in the future. Chainalysis also recently investigated darknet fentanyl trafficking and carried out forensics on laundered funds for the Internal Revenue Service. In addition, Coinbase has also grown into a trusted cryptocurrency exchange. Its stock price has recorded a 400% increase at a time when others were charged with financial crimes.
Some companies have also been experimenting with new features that may better meet consumer needs and increase ease of use. For instance, Chainlink Labs recently rolled out its Cross-Chain Interoperability Protocol (CCIP). This protocol has been likened to those that connect computers to the internet. One day, this advancement may allow individuals to move their assets between the different blockchains in existence without any hitches. For instance, from that of a gaming universe to a virtual gallery.
Other companies that you need to watch for this year include the following:
Blur is an upstart trading platform for NFTs that also began championing NFTs as high-frequency trading objects. By the end of last year, the company was at the top of its competitive field, with OpenSea following close behind.
OpenSea, a well-known NFT marketplace, is focused on capitalizing on the currently popular NFT trend. It leverages the ERC-721 Ethereum standard to create tradable unique objects.
On the other hand, Blur has zero compulsory creator royalties and zero trading fees, which may have positively influenced its popularity. The platform also offers advanced tools such as floor sweeps and bidding pools.
Polygon Labs devised a way for individuals to verify their identity using zero-knowledge proof. This cryptographic technique doesn’t need individuals to store or transfer personal data to verify identity.
Visa, which recently integrated payment rails in its platform, enabling the easy transfer of digital funds between multiple accounts.
Figure Lending, a blockchain lending startup, has greatly decreased the cost of home loans.
These companies are championing growth in their respective fields, and their work is making it possible for companies such as NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) to offer more innovative solutions to the clients they serve in the healthcare ecommerce niche.
NOTE TO INVESTORS: The latest news and updates relating to NextPlat Corp. (NASDAQ: NXPL, NXPLW) are available in the company’s newsroom at https://ibn.fm/NXPL
About Web3MediaWire
Web3MediaWire (“W3MW”) is a specialized communications platform with a focus on the next generation of internet technologies. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, W3MW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, W3MW brings its clients unparalleled recognition and brand awareness. W3MW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from Web3MediaWire, text “Web3” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.Web3MediaWire.com
Please see full terms of use and disclaimers on the Web3MediaWire website applicable to all content provided by W3MW, wherever published or re-published: https://www.Web3MediaWire.com/Disclaimer
Web3MediaWire
Los Angeles, CA
www.Web3MediaWire.com
310.299.1717 Office
Editor@Web3MediaWire.com
Web3MediaWire is powered by IBN