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New ecosystem and opportunities in Crypto
Messari recently released a report on the new ecosystem and opportunities in crypto, which they have divided into three layers: Mantle, Base, and Linea.
The Mantle is the layer that provides the foundation for the entire crypto ecosystem. It includes things like the underlying blockchain technology, consensus mechanisms, and cryptographic primitives.
The Base is the layer that builds on top of the Mantle and provides the basic building blocks for decentralised applications. It includes things like smart contracts, decentralized exchanges, and wallets.
Lastly, the Linea is the layer that sits on top of Base and provides the user-facing applications that make crypto accessible to the mainstream. It includes things like DeFi platforms, NFT marketplaces, and gaming dApps.
Each layer of the ecosystem offers new opportunities for builders, investors, and users. For example, the Mantle layer is still in its early stages of development, but it offers the potential to revolutionise the way we interact with the internet. The Base layer is already seeing a lot of activity, and it is poised to grow even more in the coming years. And the Linea layer is still in its infancy, but it has the potential to bring crypto to the masses.
Specific opportunities that Messari identified in each layer
Mantle
- Blockchain scalability: As the crypto ecosystem grows, there is a growing need for scalable blockchains. This is an area of active research, and there are a number of promising projects that are working on solving this problem.
- Privacy: Privacy is a major concern for many users of crypto. There are a number of projects that are working on developing privacy-preserving technologies, such as zero-knowledge proofs and ring signatures.
- Security: Security is another major concern for users of crypto. There have been a number of high-profile hacks in recent years, and it is important to ensure that crypto systems are secure.
Base
- Decentralized finance (DeFi): DeFi is a rapidly growing area of the crypto ecosystem. DeFi platforms allow users to lend, borrow, and trade assets without the need for a centralised intermediary. This has the potential to revolutionize the financial system.
- Non-fungible tokens (NFTs): NFTs are a new type of digital asset that represent ownership of unique items. NFTs have the potential to revolutionise the way we own and trade digital assets
- Gaming dApps: Gaming dApps are a new type of gaming application that is built on top of the blockchain. Gaming dApps offer the potential to provide a more fair and transparent gaming experience
Linea
- Crypto payments: Crypto payments are becoming increasingly popular. A number of businesses are now accepting crypto payments, and this number is expected to grow in the coming years
- Crypto lending: Crypto lending is another rapidly growing area of the crypto ecosystem. Crypto lending platforms allow users to lend and borrow crypto assets. This can be a useful way to generate yield on crypto assets.
- Crypto education: There is a growing demand for crypto education. As more people become interested in crypto, there will be a need for more educational resources.
These are just a few of the opportunities that are available in the new crypto ecosystem. As the ecosystem continues to grow, we can expect to see even more opportunities emerge.