Cheddar TV: Moonwalk CEO Talks 2022 NFT + Crypto Outlook, the Nike-RTFKT deal, Parallel Alpha, Bitcoin + more.
CEO Shiv Madan Sat With Cheddar TV's Baker Machado on Wednesday Dec 15th.
2022 Outlook Highlights:
1. More NFT & Metaverse Acquisitions
Cash rich companies like Disney may look to accelerate growth in the metaverse & NFT space via acquisition of blue chip NFT projects rather than building from scratch. Recent NFT unicorns include Bored Ape Yacht Club and Parallel Alpha,
2. Crypto Adoption In Sports Will Institutionalize
Sports fans are very familiar with gamification - from sports betting to fantasy - and crypto offers gamification with value upside. Sports could easily be a massive adopter of NFT’s and tokens - led by players like Socios, Dapper Labs and Crypto.com.
3. Major Institutions Signaling Bets on Bitcoin in 2022
Major institutions from Blackrock to Fidelity have been signaling their interest in the space over the past 12-24 months, but few have taken outsized positions. With the recent dip, Jan/Feb 2022 could be the time they make bets, likely starting with Bitcoin.