• A&T Capital has released its ‘Web3 Trends 2023’ report, which outlines six trends that will shape the future of the Web3 era.
• These trends include a revolutionary shift in internet infrastructure, the emergence of ZK Layer2 solutions to scale Ethereum, parallel computing and modular design, the emergence of AA wallets vs EOA wallets, trends in exchanges, and the growing importance of the MEV market.
• A&T Capital predicts that these trends will be widely available by 2023 and will coexist to meet diverse needs.
A&T Capital has recently released its ‘Web3 Trends 2023’ report, which outlines six trends that will shape the future of the Web3 era. These trends, which include a revolutionary shift in internet infrastructure, the emergence of ZK Layer2 solutions to scale Ethereum, parallel computing and modular design, the emergence of AA wallets vs EOA wallets, trends in exchanges, and the growing importance of the MEV market, are predicted to be widely available by 2023 and will coexist to meet diverse needs.
The primary market investment AUM for Web3.0 has surpassed $50 billion, and the NFT market has grown to over $20 billion with more than 3 million holders. This indicates the significant potential for value capture across all layers of applications, middleware, and infrastructure. ZK Layer 2 solutions such as Scroll, StarkNet, and zkSync, will enable scalability for Ethereum in the long-term, while ZKP technology has endless possibilities beyond just scaling, such as connecting various blockchains and reducing barriers for developers.
The emergence of AA wallets vs EOA wallets will also be an important trend in the Web3 era. AA wallets, or ‘account-based wallets’, are wallets that are controlled by a single private key, allowing users to store their tokens in one place. EOA wallets, or ‘externally owned accounts’, are wallets that are controlled by multiple public and private keys, allowing for more control and privacy over the tokens stored within the wallet.
Trends in exchanges will also be an important trend to watch in 2023. Exchanges are becoming increasingly decentralized, with more focus on transparency, trust, and security. Decentralized exchanges are becoming increasingly popular as they offer more control over user funds, greater liquidity, and lower fees than their centralized counterparts.
Finally, the growing importance of the MEV market is another trend that will shape the Web3 era. MEV, or miner extractable value, is a newly emerging asset class that is slowly gaining traction. The MEV market allows miners to earn additional income by trading MEV-related assets.
In conclusion, Web3 is a revolutionary new technology that is quickly gaining traction and is set to shape the future of the internet. A&T Capital’s ‘Web3 Trends 2023’ report outlines six trends that will shape the future of the Web3 era, including a revolutionary shift in internet infrastructure, the emergence of ZK Layer2 solutions to scale Ethereum, parallel computing and modular design, the emergence of AA wallets vs EOA wallets, trends in exchanges, and the growing importance of the MEV market. These trends are predicted to be widely available by 2023 and will coexist to meet diverse needs.