{"id":438254,"date":"2022-04-27T17:42:00","date_gmt":"2022-04-27T14:42:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/"},"modified":"2022-04-27T17:42:00","modified_gmt":"2022-04-27T14:42:00","slug":"psa-to-crypto-world-lock-in-some-gains-before-going-metaverse","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/","title":{"rendered":"# PSA to crypto world: Lock in some gains before going Metaverse"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2fcc8362e3a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2fcc8362e3a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/#%E2%80%9D_PSA_to_crypto_world_Lock_in_some_gains_before_going_Metaverse_%E2%80%9C\" >&#8221; PSA to crypto world: Lock in some gains before going Metaverse &#8220;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/#The_Ripple_effect\" >The Ripple effect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/#Making_DeFi_accessible\" >Making DeFi accessible<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/psa-to-crypto-world-lock-in-some-gains-before-going-metaverse\/#Government_collaboration\" >Government collaboration<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_PSA_to_crypto_world_Lock_in_some_gains_before_going_Metaverse_%E2%80%9C\"><\/span>&#8221; PSA to crypto world: Lock in some gains before going Metaverse &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6><em>In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.<\/em><\/p>\n<p>The impending Metaverse dominates crypto headlines as analysts almost obsessively race to predict what innovations the new digital world will bring. <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>\u2019s rebranding to Meta <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.makeuseof.com\/companies-investing-in-metaverse\/\">seems<\/a> to be the tip of the iceberg, as Microsoft \u2014 and some other Big Tech companies \u2014 announce their plans to integrate into the Metaverse.<\/p>\n<p>The hype around the Metaverse is only natural. There\u2019s no question the humans of the future will spend more of their time than some would care to admit wearing a VR headset. But the keyword here is <em>future <\/em>\u2014 most Metaverse developments are building a digital world for which the vast majority of humans won\u2019t have use for many years to come. It\u2019s important to save energy and attention for the developments coming out of mainstream crypto\/DeFi because they are already massively transforming economic incentives. <\/p>\n<p>Take Ripple (XRP), which was sued by the U.S. Securities and Exchange Commission (SEC) for allegedly offering an illegal securities offering through sales of its cryptocurrency token, XRP. The company that steered the advantages of blockchain away from the \u201clet\u2019s overthrow the banks\u201d crowd to the \u201clet\u2019s work with them\u201d crowd has come a long way from the days in which many thought a Federal lawsuit would be the last nail in the coffin of crypto as an industry, recently having taken an upper hand in the lawsuit. Several thousand miles south of the United States, Bitcoin (BTC) has become the focal point of a city in El Salvador.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>SEC vs. Ripple: A predictable but undesirable development<\/em><\/strong><\/p>\n<p>These two symbolic developments highlight the magnitude of blockchain-based finance and its stride toward mass adoption, and it\u2019s worth taking a closer look at them, as well as other major blockchain successes looking forward. Just as many crypto investors lock in their gains periodically rather than holding forever, so too must the industry. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/640a0648-3945-4379-a0cc-165b102a6e62.png\"><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"The_Ripple_effect\"><\/span>The Ripple effect<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The recent change of tides in the landmark SEC case against Ripple could amp up the momentum for crypto adoption. Two years ago, the SEC<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/news\/press-release\/2020-338\"> sued<\/a> Ripple for allegedly raising \u201cover $1.3 billion through an unregistered, ongoing digital asset securities offering.\u201d The case stirred fear in the hearts of similar projects, as well as investors concerned about the implications of their investments. But the tables have turned, and Ripple claimed \u201ca very big win,\u201d when the judge denied the SEC\u2019s request to reconsider shielding key documents.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/7122695a-a00e-4dc9-b86c-fbe716c30274.png\"><\/figure>\n<p>Should Ripple fend off the SEC lawsuit, the world\u2019s lone superpower could be well on its way to taking a friendlier stance on crypto, and that would open the floodgates. And that doesn\u2019t necessarily mean that the most radical crypto purists would be emboldened. Ripple\u2019s work toward arming outdated banks and traditional financial infrastructure with the blockchain-powered tools already being used by DeFi platforms could give legitimacy to the idea of updating the centralized financial system, rather than replacing it with the libertarian DeFi dream.<\/p>\n<p><strong><em>Related: \u200b\u200b<\/em><\/strong><strong><em>It is time for the US to create a \u2018Ripple test\u2019 for crypto<\/em><\/strong><\/p>\n<p>This would have serious economic implications for the future of the global economy that analysts should spend at least some of the time they think about NFTs deliberating.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Making_DeFi_accessible\"><\/span>Making DeFi accessible<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>And while Ripple makes waves and Bored Apes populate Twitter, what of DeFi? The market is currently <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/defillama.com\/\">valued<\/a> at 207 billion, compared to slightly above 104 billion on April 25, 2021. DeFi is actively opening traditional investment opportunities to retail investors across the globe. At a time in which inflation is rising, and housing becomes less affordable across the globe, access to investment opportunities for retail investors, aka average people, can be a lifesaver. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/cbbc6f9c-c9f2-4452-b718-b52c7f85725e.png\"><\/figure>\n<p>And that\u2019s what critics often miss about crypto as an industry. Those who argue blockchain is a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> looking for a use case miss developments by companies such as Levana, which actually will introduce crypto investors to DeFi through <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a>s that teach them how to use leverage with lore about a dystopian future of a Mars populated by humans. Such an <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roach, known as the gamification of investing, is spreading like wildfire, as is the industry as a whole. The DeFi world is <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/blockchain-technology-market-90100890.html#:~:text=%5B253%20Pages%20Report%5D%20The%20global,67.3%25%20during%202020%E2%80%932025.\">projected<\/a> to explode by around 70% by 2026.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>DeFi gaming: A catalyst to mainstream adoption of decentralized finance<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Government_collaboration\"><\/span>Government collaboration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As Ripple makes headway in nudging the United States toward greater crypto openness, countries ranging\u00a0from Germany to Singapore are pushing crypto regulation forward. Of course, there\u2019s also the high-profile case of El Salvador adopting Bitcoin as legal tender as the prime example of a country experimenting with crypto to attempt to innovate its path out of financial ruin. Other countries, too, are taking steps to leverage blockchain to their advantage.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/9c7fbc01-a653-40a1-a055-ef2abb7a90c4.png\"><\/figure>\n<p>The Philippines government is actively partnering with a company called Oz Finance to offer economic opportunities through special economic zones (ecozones). The idea is to empower individuals and companies to operate virtually or physically in tax-free, privacy-protected, decentralized application (DApp)-friendly zones powered by Oz\u2019s utility token TOTOz.<\/p>\n<p>Blockchain is becoming so intertwined with the average person\u2019s life that universities such as Harvard and MIT are offering courses in blockchain, showing how the world is shifting towards mainstream adoption even among academics.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-04\/df4a1db0-1b2e-41d1-be38-0787e7559d20.png\"><\/figure>\n<p>While it\u2019s constantly expanding, the blockchain industry as a whole only has so many resources to deploy at a given moment, especially with developer shortages across the globe. As such, it\u2019s important to keep things in perspective and pay attention to initiatives improving the financial lives of average people here, in this physical world, before we all ape into the Metaverse with the rest of the Degens. <\/p>\n<p class=\"post-content__disclaimer\"><em>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/em><\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Ariel Shapira<\/strong> is a father, entrepreneur, speaker, cyclist and serves as founder and CEO of Social-Wisdom, a consulting agency working with Israeli startups and helping them to establish connections with international markets.<\/div>\n<\/div>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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The impending Metaverse dominates crypto headlines&#8230;<\/p>\n","protected":false},"author":1,"featured_media":438255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvM2FkYTI4NmItZmUwOS00YjhhLWEzNWEtM2MzZGZlZDEwMDE3LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74868,122306,91498,74355,73711,70934],"class_list":["post-438254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-defi","tag-meta","tag-metaverse","tag-adoption","tag-investments","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=438254"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/438254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/438255"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=438254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=438254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=438254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}