It is just about that time again… a time when we have a legitimate excuse to escape the noise, perform a digital detox, depart from any restrictive diets, lean into some good old-fashioned eats & drinks, watch excessive amounts of festively-themed films like Love Actually and celebrate getting through another year.
Yes, it’s HOLIDAY SZN MMXXI . A winter holiday season after another year of high-octane craziness in the world. What a year it has been!
Not only has Covid brought a haunted house of greek-alphabet variants, ranging from the acute Delta to the [relatively] mild Omicron, the digital asset ecosystem has also unfurled, morphed, flexed and presented the world with a carnival of unveils, modifications, iterations and investment opportunities.
From corporates buying Bitcoin for balance sheet bolstering [Tesla, MicroStrategy, Square, etc.] to NFT first edition fireworks [Beeple], 2021 has witnessed the culmination of VC funding, the power of memes, rapid coordination of ideas + capital via DAOs + Discord groups w/ CT [Crypto Twitter] oiling the engine. The result: Mass Project Shipping with cryptocurrencies now totalling 15,931+ [according to CoinMarketCap].
We’ve seen meme-coins vying for a large piece of the mainstream action throughout the year [Dogecoin, Shiba Inu, Floki Inu], the first major crypto exchange IPO [Coinbase], 2021’s first 30% price retracement, Bitcoin becoming legal tender in a country [El Salvador], DeFi 2.0 emerging from the shadows to rapturous applause [Olympus DAO, Tokemak, Rari & Tracer DAO, Alchemix], the Metaverse exploding to awareness [via Web3], the Powerful Salute of the DAO [Constitution DAO] and around $30 billion of investment finding its way into the crypto ecosystem [according to PitchBook]. All of this is against the regulatory backdrop, where the lines of communication may finally be open.
So it’s been a bumper year for digital assets. May the year 2022 bring a similarly exciting 365 days for digital assets and the burgeoning ecosystem. There will certainly be highs and lows, but hopefully, the general trend will continue to be upwards. Wishing all our readers Happy Holidays, a very Merry Christmas [for those who celebrate] and a Happy & Prosperous New Year!
Season’s Greetings from