These days, the crypto industry is not the same as it was in 2017 when the prices skyrocketed just by a team making promises.
Today, the price of a token highly depends on the efforts which team put into fueling the project with news, updates, and partnerships.
There's not a lot of projects which can brag about it.
I really believe that the wide adoption of crypto will start with the gaming industry.
Not to overwhelm you with the reasoning, I’ll give my best arguments for this:
Gamers spend a bigger part of their life online and enjoy it.
Gamers are curious by nature. They are open to everything new
Gamers are a very dedicated and contributing audience.
Gamers are already familiar with the idea of tokenomics (in-game items, etc.)
Not to mention that the gaming industry recently has become more profitable than filming and music industry combined thus making it one of the most perspective entertaining industry for the years to come.
Now here are my top 3 crypto projects out now, which will be closely connected with the industry success.
Top one: Enjijn coin ($ENJ)
The company bеhind ENJ Coin Enjin іѕ the largest online gaming community creation platform. In short, Enjin offers a flexible, free platform for creating, integrating, and scaling tokenized gaming assets.
With Enjin Coin, the team is creating a smart-contract powered network allowing game authors to make their in-game items tradeable.
Games that already using Enjin Coin include Forest Knight, 9 Lives Arena, Bitcoin Hodler, War of Crypto, and Age of Rust.
Most notable achievement: ENJIN wallet already on 78M Samsung Galaxy 10 phones and has literally unlimited potential to reach more.
Considering the above, Enjin has all chances to become the most or one of the most usable cryptocurrencies for the gaming industry.
Highly promising: Theta token ($THETA)
My next bet is THETA since streaming has become the primary method of gaming influencers to interact with their audiences. It is definitely a sphere that will continue to develop with the big leaps.
Theta strives to establish itself as the blockchain-powered video delivery platform featuring decentralized streaming and token-based bandwidth sharing model. This model enables streamers from countries with expensive or poor internet while incentivizing those who have high speed and cheap internet.
Decentralized video streaming will let users earn Theta fuel (another crypto within THETA ecosystem), broadcast high-quality video, and reduce the costs of delivering video streams for platforms.
Currently, it’s main platform SilverTV has more than 1 million users and growing with a fast pace
Sleeping giant: DreamTeam token ($DREAM)
The last but not least, a powerful token that can get wide adoption within the esports sector is DeamTeam token.
Dream Team is an infrastructure platform and payment gateway for esports and gaming.
To my mind, the strongest point of this coin is its CEO & Co-founder Alexander Kokhanovskyy:
20 years of experience in the esports industry
Created one of the most successful and one of the most popular teams in the history of esports – Natus Vincere (Na`Vi)
In 2016 became a shareholder of ESForce, the 3rd biggest esports entity, acquired by MailRU group for $100M
Use cases and factors for the $DREAM token growth:
Subscription-based model (can be paid in tokens)
One-time service and asset sales on the platform
Fee-based model for smart contract services (Player to Team/Coach/Manager Compensation, Player Transfers, Sponsorship, and Media Rights Sales, Advertisement Sales, Prize Money Payouts, Team Merchandise Sales)
Gamification and rewards
Mr. Alex reputation and real token use cases are the factors which will make this coin successful in the long run.
I highly encourage you to research more on this one as the coin is on its All-time lows at the time of writing.
Wrapping things up,
Though there is hardly any coin that can overtake Bitcoin in terms of adoption and market cap, projects mentioned above can potentially bring you more returns in the next bull run.
The only difficulty is to identify which use-cases will really foster the further adoption of crypto, despite the bull run and price manipulation.
My biggest bet is entertaining industry (comprising of gaming and streaming) which will be the first to adopt crypto on a wide scale.