2022 Year In Review

Our recap of a wild year, token project performance, and predictions for 2023

We are excited to share M31 Capital's 2022 Year in Review report with you.

Our Annual Report highlights the ups & downs of a truly mind-blowing year, and in summary we've gathered the top three takeaways of 2022:

• DeFi vs. CeFi: Every one of the collapses last year was a centralized company, not a decentralized protocol. DeFi operated flawlessly 24/7/365 with no downtime and no surprises, protecting consumers better than SEC-regulated CeFi firms

• Web3 Progress: If you were looking at onchain fundamentals instead of prices, you would have thought this was Web3's best year ever. Nearly every metric that matters broke new all-time highs (ATHs): usage, adoption, revenue, & more

• Real-World Use: DeFi & Web3 tech came to the rescue of the offline world more than a few times this year: preserving Ukrainian history, combating Russian propaganda, circumventing China's technoauthoritarianism, helping Web3 companies beat inflation, solving 5G scaling problems, undermining Canada's financial censorship, & protecting consumers against CeFi frauds to name a few

  ---

About M31 Capital

M31 Capital is a global investment firm dedicated to crypto assets and blockchain technologies that support individual sovereignty.

Website: https://www.m31.capital/

Twitter: https://twitter.com/M31Capital