Consider this: >> The blockchain was first conceptualized in 2008, but will 2018 be the year that it truly transforms industries with Cryptocurrencies?
Yes — from real estate transactions to trade, cryptocurrencies are going mainstream, and they’ll only be more ubiquitous next year.
That’s according Natalia Karayaneva, CEO of Propy [www.propy.com]—a global property store and decentralized title registry that’s using the blockchain to become a safe and secure global property solution.
Here are her predictions for cryptocurrencies in 2018:
#1 MARKET EXCEEDING TRILLIONS
In 2018, the cryptocurrency market cap will exceed $1 trillion. This year it was a rally between Bitcoin and Ethereum and a new crypto asset, will take second or third place at the market capitalization volume.
#2 TOKEN SALES WILL SLOW THEIR ROLL
The number of security token sales will be still limited. The utility tokens will be launched at more mature stage and will look more like a discounted sale of products/services. SEC to provide indirect guidance for utility tokens. Eco-system will mature as for startups: sales will cap the raise as per the stage of the company – 3-5m for earlier stage; 10-20m
#3 MARKETS WILL DROP UP TO 50% — THEN STABILIZE
The story at the end of 2017 is the incredible price of bitcoin. Karayaneva estimates that the bitcoin price will stabilize and that the entire cryptocurrency market will see a drop up to 50% in 2018 with a month or two recovery.
#4 GOVERNMENTS WILL GO CRYPTO
Governments are already getting in on cryptocurrencies for smart contract capabilities, but Karayaneva predicts that 2018 is that year the will bring cryptocurrency investment mainstream, as governments move investments to the top 3-5 coins.
#5 REAL ESTATE WILL MOVE TO THE BLOCKCHAIN
In 2017, Propy facilitated the first-ever purchase of real estate on the blockchain as TechCrunch founder Michael Arrington purchased a Kiev apartment, and in December, they listed the first-ever house in the U.S. for sale using cryptocurrency. More properties will go on the blockchain in 2018, transforming the real estate industry and distilling a complicated buying process into a simple online transaction.