Global Blockchain Pioneers on 2021 Trends and Outlook

Moran
7 min readDec 23, 2020

Bitcoin price making new highs has grabbed the attention of institutional and retail investors. The new money is designed specifically for the digital age and will be the foundation of the digital economy. It will serve the purposes that fiat currencies have in the physical economy. Bitcoin will power the digital economy and will grow with the world of decentralized applications.

As the market cap of decentralized applications is expected to surpass Bitcoin in the coming years, developers are more dedicated than ever to building the blockchain industry. Let’s take a look at what the world can look forward to in 2021.

Emanate / Sean Gardner

NFTs and more DeFi — we will be involved music NFTs and are exploring new ways for the community to own its liquidity. We will be announcing ‘Emanate 2.0’ and new tokenomics to go with it. We are entering a new relationship with a crypto fund and accelerator which will be announced soon. 2021 is looking really nice

I hope that in 2021, the bockchain community takes notice of what token projects are driving real adoption, improving lives and creating change. Less speculation, more focus on utility and results!

Emanate is a blockchain music streaming platform where smart contracts distribute streaming revenue to artists in real-time.

WAX / William Quigley

2021 will see massive growth in NFTs as they emerge as a stand-alone entertainment medium with global mass market appeal. Every consumer product that can not be eaten will become an NFT, and as the King of NFTs, WAX already has the tools and partnerships in place to become the global leader in this emerging market.

WAX is the leader in the NFT space, having forged partnerships with household brands and created over 1 million NFT assets.

EarnBet / Jason

We foresee continued interest in decentralized finance, increased experimentation in governance, as well as significant growth in blockchain gaming. Many blockchains are approaching levels of scalability needed for in-game blockchain-based assets, while interoperability and developer SDKs improve rapidly.

EarnBet is well-positioned for 2021 and our end-of-year launch will be focused on all three trending sectors — gaming, governance, and a connection to DeFi.

EarnBet is the leading blockchain casino, having distributed over $8 million in profits to platform token holders to date.

FIO / Luke Stokes

I think 2021 will be all about interoperability. As more chains develop smart contract functionality and more tokens are wrapped to exist simultaneously on Ethereum, EOS, Cardano, Binance Smart Chain, and more, the need to simplify how to work with all these different versions of tokens will become increasingly important. This exactly what FIO, the Foundation for Interwallet Operability, was designed to do! With just a simple human readable address like luke@stokes and FIO functionality like FIO Data and FIO Requests, I can work with versions of tokens on any chain without getting caught up in the complexity of various chain address formats, as that will be managed for me by the FIO enabled wallet. In addition, FIO interactions may be used in the future to make DeFi more interoperable with wallets that today only support token transfers. Imagine sending funds to various FIO addresses to deposit or stake to a specific liquidity pool? Or using FIO Requests to unstake and withdraw your funds? I see 2021 as an important year of adoption by financial institutions who are looking to make cryptocurrency more accessible and FIO is the secure, decentralized, self-sovereign solution to accomplish this.

FIO Protocol simplifies blockchain experience so anyone can use crypto products.

Ultra / David Hanson

We’ll start to see the first truly sophisticated blockchain powered products targets mainstream audiences like Ultra. We’ve all be waiting for mass adoption and 2021 is probably the year when it all begins.

Ultra is the first entertainment platform providing a variety of games industry services under a single roof, accessible through a single login.

Bloks.io / Syed Jafri

I foresee higher institutional interest in Bitcoin, and more financial services around the world offerring their customers the option to buy Bitcoin and other cryptocurrencies. Bloks.io will continue to be a trusted source of information for the EOSIO ecosystem.

Bloks.io is the leading EOSIO blockchain explorer, offering unparalleled user experience.

Greymass / Aaron Cox

We expect to see increased adoption in 2021 and beyond as the technology continues to become more accessible and easy to use for people from all walks of life. It’s our goal to be a part of that evolution and continue to build the pieces of infrastructure to make that possible. Blockchain itself has so many applications for use beyond what most consider it for and over time we will continue to see those possibilities explored. Once we have a solid foundation build utilizing ESR and Anchor, we hope to start dedicating time and effort into exploring some of these applications and start building out products of our own.

Greymass is a team of researchers, developers, and blockchain experts, passionate about the positive impact decentralized technologies will have on our society.

Consortium / Vladislav Hramtsov

I think one of the trends is going to be abstraction of the blockchain from the end-user. We’ll start entering the time, when users who interact with applications that on their backend have chains, will have zero friction from the UX perspective. Digital wallets that are currently needed to interact with most of the dApps, in many cases will start resembling login systems we are all used to. End-users will not have to worry about gas fees nor the staking requirements to have access to the networks’ resources in order to use the apps. Good examples of platforms/applications built on eosio that are on the forefront of that trend are Voice, Ultra and Blankos.

Consortium also plans to heavily prioritize the user experience. Goal is to have the feel of centralized application, yet in reality deliver all benefits the chain has to offer. For instance, at the current stage, our users have to sign the transaction through their wallet each time they cast a vote. In the next phase there will only be one initial verification, signed using the wallet, after which all the subsequent interactions on Consortium would be seamless.

Consortium is a decentralized, on-chain, incentive based governance layer for any social organization.

Unbiased / Sukesh Telda

I think blockchain will start to become mainstream in 2021 with different countries testing digital currencies and Unbiased will take advantage of it to disrupt the AI industry.

Unbiased fights ethical challenges in AI and big data using blockchain technology.

Prospectors / Nazar Chervinskyy

I think that the NFTs are the new trend in the space of crypto, though it is not fully disclosed yet. I’m almost sure that 2021 will be the year of NFT. Prospectors won’t stay aside, we’ve already started to work in this direction.

Prospectors is a MMORTS mining game, deployed on multiple blockchains. Players can transfer game world assets through IBC technology.

Chintai / Ryan Bethem

We believe the digital asset space is going to become increasingly regulated and compliance requirements will mature rapidly. At some point most people will realize they cannot ignore their local jurisdiction or international rule sets established by FATF. The businesses that comply will be more successful. As the space inevitably becomes increasingly regulated and most businesses begin to grapple with how they can be compliant, we will already have a host of services that can be rapidly white labeled to meet their needs.

We’re based in Singapore which is a forward minded jurisdiction that provides the type of regulatory environment that invites our technology. From there we can easily expand out to other jurisdictions since our technology is built to easily incorporate any regulatory rule set.

Chintai offers institutional grade digital asset technology for global capital markets.

Eva / Raphael Gaudreault

I think we’ll still be in the slow adoption phase and the projects using transparency as an edge will continue to gain traction and place in the market. I think the population is now realizing more and more the importance of data and transparence as the big tech companies are being more and more criticized. Eva will continue taking advantage of it by providing a transparent ridesharing protocol for drivers, cities and governments. We just got started!

Eva is a driver-owned ride sharing cooperative powered by blockchain technology.

pixEOS / Fred Nogueira

The DeFi and NFT industry maturing and growth to new public as mainstream tools are implemented for easier onboarding.

pixEOS provides the art experience of the future.

Peter Chen / Vigor

DeFi will continune to mature in 2021. I would love to see new algorithms deployed to AMM platforms to solve the impermanent loss issue, which will drive massive inflows into liquidity pools and adoption of decentralized exchanges.

Vigor Protocol will continue to evolve to lead the decentralized lending scene. We will continue to review tokens for listing and optimize user experience even further. Vigor application will have new functionalities, and Vigor DAC will see new changes. Vigor DAC will publish our roadmap for 2021 to give Vigor community more clarity on the direction where we are heading, stay tuned for that.

Vigor Protocol deploys financial engineering innovations to enhance DeFi lending platform security and usability.

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Moran

Moran is a blockchain consulting firm. We are a team of professionals with backgrounds in Wall Street, Silicon Valley startups, and Chinese state-run media.