Summary
- Multicoin Capital said it expects the digital-asset market to shift from directly buying tokens to a structure in which they are earned through network contributions.
- Shayon Sengupta said the next-generation digital-asset market could develop into Internet Labor Markets.
- He added that a structure in which users provide work or resources to decentralized networks and receive tokens in return to generate revenue will become the market’s primary driver.
Forecast Trend Report by Period
Multicoin Capital projected that the digital-asset (cryptocurrency) market will evolve from directly buying tokens to a structure in which tokens are earned through network contributions.
According to crypto-focused media outlet CoinDesk on the 10th (local time), Multicoin Capital investment partner Shayon Sengupta said the next-generation digital-asset market could develop into a form of 'Internet Labor Markets.'
"So far, digital assets have been used by directly purchasing and trading tokens," he said. "In the future, earning tokens rather than buying them could become the market’s primary driver."
He added that "the shift from speculation to revenue generation is at the core of internet labor markets," and that "users will provide work or resources to decentralized networks and receive tokens in return."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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