Blocktempo list nearly 40 awardees, including outstanding entrepreneurs, option leaders, and Taiwanese with global influence, compiled into “2022 Taiwan Blockchain Influencers list”, and asked them to share their predictions and trend observations for 2023.
This article you will find a detailed list of the “NFT” and their detailed trend predictions for 2023.
Shortlist：
> Justine Lu / Lootex Co-Founder & CEO
> Enoch Ho / Oneoffs Co-Founder
> Pochang Wu / OurSong Co-Founder
> MashBean / FAB DAO Co-Founder
> Annie Yi / Theirsverse ambassador
> Shawn Yue / ZombieClub Founder
Read Full《2022 Taiwan Blockchain Influencers list》
Justine Lu / Lootex Co-Founder & CEO
- One of the largest NFT markets in Taiwan, announced the completion of a $9 million seed round of funding early 2022. Investors include: Spartan Capital, IVC, LD Capital, Polygon Studio…etc.
- Cooperating with more than 80 blockchain games, including Playermon, Kryptomon, Zeeverse, Block Monster. There are thousands of NFT malls to browse, and more than 80,000 monthly active users.
- At the end of 2022, host the blockchain international forum「NFT Taipei」and blockchain week, attracting more than 100,000 participants, and the speakers include representatives Vitalik and Yat…etc.
Lu‘s 2023 predictions and observations:
Due to LUNA and FTX events, in 2023 people will pay more attention to the concept of “decentralization”, DeFi services should attract a new wave of adaptors.
The rise of Midjourney and ChatGPT also incubated many co-creation ideas with AI, spawning the “AI Communicator” positions. It’s bound to bring more AI + Blockchain application projects, and NFT circle will have new use cases.
However the 10k series of PFP projects will face a great challenge, consumers in the bear market will be more conservative and calculated, the flippers have cooled down quite a bit. Project’s roadmap will be examined closely, and NFTs with practical purpose will be valued.
On the other end, brands & IPs will be more cautious, they will focus more on deepend the relation with core users, instead of issuing NFTs that feels like a money grab scheme. This bear market filters out the inappropriate projects, and that’s actually good news for future consumers.
(The teams that can withstand the catastrophic impacts of LUNA and FTX events are really solid, especially they still pour their heart and soul into the work! Wish everyone can support teams like this! )
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Pochang Wu / OurSong Co-Founder
- American music king John Legend became the co-founder of OurSong at the beginning of 2022, preparing to enter the overseas market.
- Taiwan NFT market who has assisted the most musicians, celebrities, and KOLs to issue NFT, successfully promoting NFT to the general public quickly.
Wu’s 2023 predictions and observations:
1. The market might start to recover in the second half of the year, and NFT and the Metaverse will experience a second wave of popularity. After nearly a year of planning and development, all Metaverse platforms will have to present their work in 2023, whether or not they meet market expectations, and even if their experience is not yet fully refined, this concept will begin to be implemented. NFT will also officially enter the stage of Metaverse identity and assets from digital collecting.
2. AI creation tools are rapidly developing and being integrated into digital content creation processes. After the Midjourney and ChatGPT whirlwind, AI has become a tool that can directly deliver results in content creation, rather than just assisting as it has in the past. Based on current development rates, it is likely that AI-generation products of more complex content types such as video, music, and 3D will be widely commercialized in the near future, and AI will be greatly integrated into content production processes, including the development of NFT and related IPs.
3. Web3 IPs will begin to enter the mainstream market. Regardless of the Web2 or 3 or 69, IPs must be successful in reaching the general public. After several so-called NFT blue-chip projects have established strong communities and raised funds in the Web3 world, the next step is to enter the mainstream market. This process has already begun, and the trend of Web3 IPs entering the mainstream market will become more apparent in the coming years.
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Enoch Ho / OneOffs Co-Founder
- Hosted the international art fair “OneOffs NFT” for two consecutive years, creating a boom of more than 70,000 visitors.
- Successfully invited NFT blue-chip projects, such as: Nike’s RTFKT, master Takashi Murakami’s CloneX, BAYC’s PARTIST…to participate in OneOffs NFT.
Ho’s 2023 predictions and observations:
2023 people focus on the following areas: wallet and market infrastructure, NFT mobility services, SocialFi, DEX, NFT products of mainstream brands…etc.
OneOffs believes that disruptive innovation will eventually create more opportunities for future market, NFT art generation tools are also one of the fun tools of 2023, NightCafe Studio , NFT Art Generator, AppyPie NFT Generator , Hotpot.ai , SketchAR , Fotor, etc. Look forward to these teams developing better Web3 experiences and NFT products next year.
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MashBean / FAB DAO Co-Founder
- Established Formosa Art Bank(FAB)and launched Taiwan’s largest public welfare NFT fundraising project “Project percentage”
- FAB DAO takes the promotion of blockchain public welfare as its primary goal. Believe that web3 tools can change the digital life style from bottom to top.
MashBean’s 2023 predictions and observations:
In 2023, four seemingly abstract and complex terms will come closer together: Decentralised Idendity (DID), Soul-Bound Token (SBT), Decentralised Autonomous Organisation (DAO) and Quadratic Voting. The infrastructure of the blockchain world is maturing, and large-scale capitalist-style parties using capital as fuel will be slowdown in 2023.
Until bull market coming back, private public investment will grow slowly. In this context, how to “efficiently” allocate public funds will be an important issue. Private foundations such as Etheruem Foundation, RadicalxChange, Gitcoin, Protocol Labs, and others are rapidly developing new models of public finance distribution.
Meanwhile, the W3C, the European Union, and national arts organizations are also trying to study how decentralized technology can bring security and meaningful development to the new society. Domestic organizations such as g0v/da0, the Ministry of Digital Affair, Blockchain Enthusiasts Association, and others at all levels have been experimenting with one of these four key words in an incremental way.
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Annie Yi / Theirsverse ambassador
- Co-founded Theirsverse In 2022, the first NFT project supporting LGBT, and sold out in a short time.
- Established the Young Artists Foundation to support more artists to go international and Web3.
- A very influential and well-known Web3 artist and builder in Asia.
Yi’s 2023 predictions and observations:
In the downturn environment of the bear market, the biggest thunderstorm of the crypto exchange came at the end of 2022. The whole market is like an epidemic that needs time to heal and normalise after its inception. 2023 is a year of repairing and the beginning of a maturing market.
The whole world knows that blockchain technology and the metaverse must be the way forward. After all the participants know about the instability of crypto market, governments need to pay attention to the balance between liberalisation and regulation, and investors in general are becoming more rational after the shocks.
I am personally very positive and optimistic about the future. Only a mature market and participants can be extremely constructive in the long run. The good news is that ongoing projects like Theirsverse can be supported in bear markets and make the creator economy more positive. Spring 2024 will definitely come.
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Shawn Yue / ZombieClub Founder
- Cooperated with Christie’s to hold the “No Time Like Present” NFT art online auction, with a total turnover of about 430 million, setting the highest online auction record in Asian history.
- Co-founded the NFT project Zombie Club, which was sold out in less than 2 minutes as soon as it was launched, and once became the Opensea sales champion, with cumulative sales exceeding 13,000 ETH.
Yue’s 2023 predictions and observations:
Based on discussions within the ZombieClub community and research by our four founders, we believe that in 2023, consumers in the NFT market will demand higher and higher quality NFTs, and that the market’s motivation to purchase various types of NFTs will gradually become clearer after the bear market.
For example, Artblock’s collection of derivative digital creations has been rising in the bear market since 2022. The motivation for buying will shift from “short-term speculation” to “long-term appreciation and collection,” and spending habits will become more in line with the traditional art market. Collectors will also gradually lengthen the holding period of their purchases.
Compared to the volatile cryptocurrencies, holding blue-chip cryptos like Cryptopunks, Fidenza, and Ringers is a good strategy to hold digital assets for the long term. Pace Gallery, a 60-year-old gallery, is also a great early platform to watch out for as it is brave enough to launch Pace Verso in a bear market. Another trend is the advent of the metaverse.
Whether it is the world inside the screen or the advent of AR glasses, the demand for 3D digital assets will only increase. 3D artworks such as JoyWorld Joys, Larvalab’s Meebits, and OG Art’s OG Crystals are all worth watching.
The community of Blue Chip Web 3 is moving in the direction of a “scalable upgrade” of 3D Avatar. The communities can be applied to various 3D worlds, use face filters, operate YouTube hosts, and create more diverse video animations. Of course, ZombieClub is also preparing our community to enter the metaverse on the front lines.
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