The interest in cryptocurrencies, DeFi solutions, and NFTs has never been so high. Constant and growing
attention has been given to this industry by thebmainstream media, major institutions, and regulatory
authorities. Cryptocurrencies are also being heavily used to finance multiple charities, as demonstrated
in the Russia-Ukrainian crisis. Consider that the total market capitalization of the whole crypto market
reached USD 3 trillion at the end of 2021, and there is currently a daily transaction volume of more than
120 billion USD, according to coinmarketcap.com.
Bitcoin alone reached an all-time high of over USD 68,000 and, by itself, a market cap of more than USD
1.25 trillion.
Individual interest in crypto has also skyrocketed, not only among investors but also in popular culture.
Yahoo Finance is
predicting that by the end of 2022, there will be more than 1 billion crypto users.
The WEF predicted that blockchain and distributed ledger technologies would create up to 10% of the world
GDP by 2022.
According to Allied Markets, it is expected that the cryptocurrency market will more than triple by 2030,
with an annual growth rate of 12.8% between 2021 and 2030. Other growth rate predictions are even more
optimistic, estimating that by 2030 over 5 billion people will use cryptocurrencies for daily payments.