TOKEN 2049 week is a wrap. Here are some spicey takeaways from our investment team:🤔
1⃣Shifted market focuses –— #AI, #Bitcoin, Real-world Assets (#RWA), and #TON and Solana-based projects were discussed more this year. Comparatively, sectors and narratives like #GameFi, #DeFi, #DAO, and #Layer2, which used to be hot topics in previous years, saw significantly fewer projects participating this year.
2⃣Ethereum's decreased dominance — Many investors used to invest and allocate alongside #Ethereum’s roadmap. With Ethereum’s dwindling dominance, investors are losing guidance.
3⃣Waned investor interests—Many venture capitalists and funds are halting investment in new projects because of this cycle's generally low ROI. Meanwhile, non-European and US VCs suffer from decreasing global influence and face difficulties securing investment in solid projects.
4⃣Positive macroeconomic catalysts expected for the near future — Investors have positive expectations for the remainder of this year, betting on potentially favorable macroeconomic events such as the US rate cuts and the US presidential election. As monetary policies ease, market liquidity will improve.
5⃣Cautious attitude on the economic outlook for the next three years — With US stocks standing at historical highs and rate cut expectations reflecting risks of economic recessions and potentially leading to decreased dominance, investors expect more money to flow into safe-haven assets. This will result in selloffs of risky assets like crypto, which may suffer huge volatility before they can enjoy recoveries and surges.
6⃣Increased market uncertainty — Many projects proliferated in the last two years, and institutional investors' participation has become increasingly prominent, especially in this cycle. The market will need to take at least two to three years to assimilate the projects accumulated. Given the lack of enthusiasm from retail investors, market uncertainty is increasing.
#TOKEN2049Week #TOKEN2049 #Token2049singapore