Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors.
“For a space as dynamic as blockchain, it is tough to pinpoint the reasons behind the industry evolving during the year. However, I feel the adoption of smart contracts has bolstered the growth of the industry and its relevance in the traditional setup. From optimizing supply chains to building a corporate structure around them, smart contracts are assisting everywhere.
DAOs have emerged as a new wave of democratization of firms and associations. By transferring ownership to everyone involved and reducing centralized authority, DAOs and community governance are here to stay. In 2021, we could see multiple protocols turn into DAOs and kick-start their journey toward true decentralization.
Also, the influx of human resources is definitely an integral part of the way the blockchain space has evolved. And this does not only reflect the amount of talent joining the industry but also the population that is accepting and adopting the technology in their daily activities. With more people getting involved with the technology, the industry matures.
The blockchain industry has made a quantum leap in 2021, and I see no reason why the juggernaut shall slow down in 2022.”
Source: Coin Telegraph