Ki Young Ju, CEO of CryptoQuant, believes Web3 will play a pivotal role in shaping the future of cryptocurrency. Drawing parallels between crypto traders and gamers, he highlights how Web3 projects act as game developers, creating engaging experiences. Web3 for Ju is not only the business; it is an art form in the same way it is for game design.
Ju Forecasts Stablecoin-Powered Web3 for Future Growth
As he notes, he claims that crypto trading is motivated by the same dopamine rewards as those found in gaming. “Earning is the ultimate sport for most,” he notes. Ju himself is not unknown to this way of thinking – he likes trading, gaming and gambling all of which involve risks for gains.
At the moment, the market is flooded with memecoins. These tokens have been popular among traders, but they have little substance and attributions to back them. However, Ju foresees a shift. He says that Web3 will be powered by a stablecoin, giving investors a more organized and easily analyzable space. This new ecosystem will look like separate types of games, such as RPGs compared to FPSs, to investors who want to approach game development as a business with a science.
Stablecoins Set to Power Next Chapter of Crypto, Says CryptoQuant CEO
He thinks that the development of this stablecoin-centric Web3 environment will attract a new generation of investors who are interested in long-term value creation. With the help of on-chain data, traders will be able to look for the new alpha, or the extra premium they need to earn.
The future of cryptocurrencies is expected to add an interesting chapter and CryptoQuant CEO Ki Young Ju is ready to look forward to the next chapter. As Web3 emerges to redefine the trends, the future of crypto is going to be even more exciting than ever.
