Narrative Spotlight: Web3 Interoperability
Each month, we share the best tokens to buy within a promising narrative.
Narratives are trending ideas and beliefs that influence how people see and value tokens.
They have the potential to impact investor sentiment, market trends, and even the adoption of new technologies.
These narratives have driven where money goes in the crypto market since the beginning.
Each month, we share the best tokens to buy within a promising narrative.
This month, it’s Web3 Interoperability.
The Web3 ecosystem has a fragmentation problem
Think of a Gmail user not being able to send emails to an Outlook user or an Instagram user not being able to reshare their content in an external platform like Twitter. It sounds crazy and unnatural, but that is crypto and web3 today.
All blockchains develop in isolated environments and have different rules and consensus mechanisms.
This means they cannot natively communicate, and tokens cannot move freely between blockchains.
Blockchain interoperability is the ability of a blockchain to communicate/share data with other blockchains seamlessly.
A cross-chain ecosystem is the only way that blockchain applications and crypto protocols can have a true vision of reaching their full market potential and unlock the liquidity and value present on other chains.
Interoperability is the lifeblood of the blockchain revolution. In simple terms, it’s the art of making different blockchains speak the same language, fostering seamless communication and collaboration. Imagine a world where information flows effortlessly between distinct blockchain networks, creating a harmonious digital ecosystem.
Our Web3 Interoperability Watchlist
Fundamentals analysis is extremely important but it’s not the only driver of investment results.
In other words, fundamental analysis can help you predict which projects have a good chance of succeeding, but narratives determine whether, when, and how much their prices will rise.
Many people try to keep up with all of the latest narratives and get exposure to all of the hottest crypto sectors at the same time.
I think there’s a small chance you’ll outperform the market by doing so.
You are probably going to get better results by focusing on a small number of sectors &/or on multiple verticals within a wider category.
For instance, Web3 Interoperability.
So if you believe this narrative could be one of the categories of projects you want to focus on, in order to outperform the market, you can use our Web3 Interoperability Watchlist.
This list contains 17 Web3 Interoperability Projects which we consider as high quality.
In other words: if you want to focus your investments on this area, this is your starting point.