Short term investments are slowly coming back, while the market is curing, but long-term is still the better option for making profit. This article will cover some obvious and so obvious ideas on where to put your money. 💵
What is a long-term investment
Long-term investments are usually assets that are planned to be held in the portfolio for more than a year.
Starting with classical decisions
GameFi
Starting with what can already be considered a classic, Web3 games and their inner NFTs have huge potential, allowing players to:
- Possess game items
- Resell those items (not wasting them when players finish the game)
- Get rewarded for playing
Even though we have already had cases of Web3 games taking off, the direction is still to be fully developed in the near future. 🚀
DAO
Being the best collaboration tool, DAOs empower people to make collective financial decisions, consequently bringing a large audience to a certain product or asset.
We are very likely to see DAOs controlling most of the economy sectors in the future. 🏦
Metaverse
With the current trend of people spending more and more time online, we can also see the development of applications, helping them with transferring their routine into their devices. Tools like Zoom and social media are already making a huge difference in the way of collaborating with each other from anywhere in the world. 🌐
Right now It’s hard to say exactly what the metaverse will look like, but it will definitely take cooperation to a completely new level.
And now to solutions we don’t see too often due to how specific
Regenerative finance (ReFi)
Negative externalities are a huge problem.
Ordinary people are forced to pay for carbon emissions and other harmful consequences of any production as well problems that large corporations create.
ReFi sets a price on external factors and utilises them to create a win-win situation. We are already seeing ReFi projects related to sustainability.
Toucan is a web3 carbon stack. Project allows users to buy and sell tokenized carbon credits. To this date, more than 21.9 million tons of CO2 have been utilized and tokenized. ♻️
We will surely be seeing even more similar projects in the future.
Wallet-enabled sites
Imagine a site that saves your preferences and transfers those settings over the Internet using your wallet. Once getting access, dApps can use that information to create a personalized user experience.
Your wallet can hold and combine data from different sources. Just think of how cool it would be if all your YouTube, Netflix and Spotify preferences were in one place. 🍿
Tokenized commerce
People are willing to do crazy things in order to access exclusive products.
Tokenized commerce works like this:
- You come to the storefront and connect your wallet.
- The storefront then changes depending on the NFT you hold.
Token holders can receive privileges such as early access, special prices, limits, exclusive experiences. 🏆
Shopify has already introduced this feature.
Soulbound Tokens
The transfer ability of tokens makes them a great solution for exchanges and marketplaces, however creating major problems. Transferability makes it pretty difficult to use tokens effectively for governance and tokenized commerce.
Soulbound tokens are non-transferable. They are pegged to a specific person/wallet. This eliminates speculation and definances tokens, opening up a new range of use cases. Soulbound NFTs can provide the course certification, proof of attendance, proof of degree and much more, acting like official documents. 📃
Zero-knowledge proofs
zk proofs is a privacy technology. With zk proofs, you can check the information’s validity without even seeing it.
Thus, allowing information to be stored on the blockchain, while still keeping private information private. Privacy will enable blockchain technology to change countless industries such as healthcare and finance. 🩻
Those were the investment ideas, people highly underestimate because of how specific are the current crypto industry targets. If we want crypto popularisation, investing into less hyped sectors is a must.
Stay tuned 📻
