ChatGPT spike the crypto AI narrative which brought significant investment opportunities for AI Coins throughout 2023.
Although, DeFi narrative enshrined to the blockchain underlying assets disrupt the traditional finance system with narratives of innovation models - accessibility and under-collateralized lending.
And as the blockchain evolve more and more narratives are born in pursuit of transforming conventional systems to suit the fast growing technological innovations.
Decentralization is the base of major blockchain narratives from DeFi, DeSci, DePIN, GameFi, DeSo, Dexes and many more.
These decentralised narratives couple with their real world concepts will mint new millionaires in 2024 as they capitalize on investment from protocols provided by these narratives.
These top five crypto narratives will help you make informed investment decisions during 2024.
Navigating the ocean waters of narratives:
1- DePIN ( Decentralised Physical Infrastructure Network)
DePIN is a concept using token rewards to encourage and develop physical infrastructure in the real world.
These physical infrastructures include: wireless networks, mobility networks, cloud services and power grids.
The DePIN ecosystem is solving the problem where centralized companies dominate and monopolise the price and services provided for end users.
DePIN projects aim to bridge the gape with blockchain technology and token incentive.
This shift from centralized systems to decentralized models promote shared economy while eliminating dependency.
Hivemapper makes one best example with her drive-to-earn concept. Users earn $HONEY tokens as they create decentralized versions of Google maps with hivemapper dashboard cameras.
Many more projects are in the spotlight for DePIN; take this opportunity to explore the fast growing DePIN ecosystem.
Another DePIN project selencio is a global network measuring noise pollution. You maybe wondering - but how does noise affect our hearing; not just that but productivity.
You shouldn't be skeptical that noise have a damaging effect on overall human health.
With that said, silencio is up for a blast and reason why you should earn noise coins for free.
silencio and start mapping to earn free noise coins with code "rekstoshi", keep in mind this code is a win-win.
2- DeSci ( Decentralized Science)
Another concept within the realm of blockchain technology, fostering scientific peer-review and access to science base programs on the blockchain acquire crowdfunding through Smart Contracts, will serve humanity as they bridge the gap between centralized entities.
DeSci is poised for major development in 2024. You're challenged to be on the lookout for this narrative.
As the entire human health-care face challenges with rare-chronic diseases as humans differ in genomes causing series of clinical research.
Through decentralized protocols, the acceleration of scientific peer-review funding through DAOs (Decentralized Autonomous Organization) provide access for funding projects without the urge on profiteering as with centralized organizations.
VitaDAO a community funding for human longevity research with governance token $VITA. VitaDAO at the forefront of DeSci have researched and funded 20 projects.
GenomesDAO is a DNA sequencing start-up. Through DNA sequencing, personalized precision medicine, health risk can easily be individualized through genomes DNA Vault.
DNA sequencing cost millions of dollars before 2000. Today, with few hundred dollars, GenomesDAO sequence DNA and securely retain ownership without the need for liability.
3- GameFi
Blockchain based games are themed GameFi as they're blend with decentralized finance (DeFi). The concept is to be valued at $614.19 billion by 2030 as VCs fund most lucrative projects.
Most centralized digital game stations monopolise their in-game items with exorbitant prices, not favorable for the average Joe on the street.
Blockchain based digital assets are decentralised and accessible worldwide paving GameFi a burgeoning market place. With in-game models like: play-to-earn, move-to-earn, play-and-earn and much more. under development is powering the play-and-earn games.
4- Dexes (Decentralized Exchange)
Regulation of blockchain underlying assets stiffen KYC implementation on Centralized Exchanges which goes against the ethos of anonymity.
Hence, decentralized exchanges built on blockchain limit human interference retaining the ethos of anonymity.
Decentralized Exchanges massive growth enable a KYC free brokerage ground for spot and leverage trading.
This DEX for BTC enable KYC free trades on cross-chain created by teleportDAO.
Numerous Dexes for different networks like Solana, Base, Arbitrum for spot and leverage trading are popping up and 2024 will be a year of fruition for decentralized exchanges as centralized exchanges undergo massive KYC implementation.
5- DeFi (Decentralized Finance)
The traditional finance system overtly centralized are inaccessible and ineffective due to hierarchical decision making.
Decentralized Finance transform traditional finance systems easing accessibility since it inception from 2017.
This narrative in 2024 with AI dynamic data analysis will empower DeFi solutions, from scanning smart contracts to auto- detectable transactions.
Decentralized Finance protocols blend with AI for smart execution should be your bet on DeFi solutions in 2024.
The digital landscape today is what you'd never thought would be a decade back. While you're highly unlikely to not hold onto these narratives, remember the future is your today's decisions.
It all bleaks until it blooms - hope you'll hold on to these narratives.
The spot bitcoin ETF have been approved, take this opportunity to explore bitcoin transforming the Global South
