2022 Recap: Web3 trends, launches and milestones by Quionie Gaban esprezzo Feb, 2023

Announced .SWOOSH, their digital asset platform/virtual space for Nike fans on PolygonReleased the MNLTH NFT collection: their first RTFKT co-branded projectLaunched RTFKT x Nike Dunk Genesis Cryptokicks, a line of customizable virtual sneakersCryptokicks iRL “Space Matter’’ colorway, 1 of 4 colorways in the collection. Images from RTFKT

Automotive & Motorsports

Porsche: unveiled their first NFT collection with a splash at Art Basel in MiamiLamborghini: launched two NFT collections including the Epic Road Trip collection that come with benefits for some lucky holders like a VIP tour of Lamborghini’s headquarters in Bologna, ItalyMercedes-Benz: teamed up with cripto art collective ART2PEOPLE for NF-G, their first NFT project paying tribute to the G-Class.

Entertainment

Food & Beverage

Starbucks: launched Starbucks Odyssey, a Web3 loyalty program built on Polygon. The program grants customers access to NFTs and other rewards.Hennessy: released their first NFT collection in partnership with BlockBar. The ‘Hennessy Paradis Golden Edition’ includes “phygital” Hennesy-8 cognac bottles: digital art with physical counterparts.Kellogg’s: collaborated with Mythical Games to create Pop-Tarts-themed NFT characters for the Blankos Block Party game, the first blockchain-based multi-player game to launch on Fortnite creator’s Epic Games marketplace last year.Has Proof of Stake Made Ethereum More Centralized? — DecryptEthereum Already Showing Signs of Increased Centralization — CoinDesk# of Dispatch Actions fired in 2022: 62,469 messages sent since JulyMost monitored fungible token: EthereumMost popular output channel: Discord

It is likely to see an increase in the number of new Web3 initiatives exploring digital worlds (metaverses). Several businesses are currently developing Metaverse-related projects. To name a couple, Epic Games announced a two billion dollar investment to further its Metaverse goals, while fashion giants like Nike, Gucci, Dolce & Gabbana continue to make inroads.

With numerous major hacks and scandals rocking centralized exchanges (CEX) in 2022, we expect DeFi to attract more people in 2023. Unsurprisingly, decentralized exchange (DEX) trade volume has reportedly increased significantly in the wake of the FTX hack. Some of the major CEX hacks that occurred in 2022 include Binance, cripto.com, and FTX, which resulted in losses totaling over one billion dollars.

These high-profile hacks have likely contributed to the growing interest in decentralized finance (DeFi) as a more secure alternative. We expect to see even more people turning to DeFi in 2023 as a result.

One result we are likely to see from the FTX fallout is governments around the world trying to exert more control through regulation in the name of consumer protections. This may be good or bad depending on what regulations are passed, as the industry has long been wanting clarity so they can operate within explicit constraints.

As Web3 adoption grows and more Web2 companies enter the space, assistance with blockchain indexing and the need for on-chain data analysis grow.

Companies like Nansen and Messari focus on leveraging blockchain data to discover new trends and opportunities. Similarly, Esprezzo Dispatch provides Web3 teams and developers the ability to react to Web3 events in real-time, and use smart contract events as workflow triggers. This can be a time saver for keeping project teams and communities up-to-date on balance changes, NFT transfers, and more.

Currently, Dispatch is invite-only. We’re sending out the next round of invites soon, so make sure to get on the waitlist if you haven’t already!

Are you looking for an easier, faster way to index and get access to your NFT’s metadata, media files, or smart contract events to provide a better user experience for your team or community?

Do you want a real-time Discord bot to keep your community informed?

This alert can be valuable to your community and can be set up within minutes once your collection is indexed.

If you’re a project that would like to connect with us and potentially be integrated into Dispatch, reach out to us!

Since this space is still in its early stages, there is plenty of room for experimentation and the emergence of new challenges to tackle. As Web3 evolves and matures, we expect to see even more adoption and a wider range of use cases this year.

Our team is looking forward to all the possibilities that 2023 has to offer. We’re excited to connect with new builders and teams, as well as continue our progress with Dispatch.

Follow our Twitter to stay informed about our latest updates, and come say hi to us on Discord!