The mass adoption of Web 3 and DeFi 2.0 is imminent, with an influx of over 1 billion users expected to be onboarded within the coming years, the industry will start seeing a shift towards a Multichain strategy as they begin to bootstrap for the mass onboarding of future users. With the mass onboarding of users comes an increase in value to the blockchain industry as a whole, as the industry’s market size is expected to grow from around $7bn in 2021 to more than $160bn in 2027 (23x in 6 years). However, we are already seeing a congestion in popular blockchains such as Ethereum, where the amount of users using the decentralized technology has exceeded the functionality of the technology itself. This is where the value of a Multichain strategy lies, as it allows for the decongestion of individual blockchains, spreading value across communities and lubricating the entire blockchain infrastructure across different chains. For users Multichain eliminates costly and complex transactions, ensuring a positive end-user experience. Domani is committed to a multichain present and future, with the launch on Avalanche and the future launches on Algorand and Solana. We want to build a better end-user experience as well as capitalize on the growing market share of alternative blockchains, in the search of expanding our reach and communities we operate in.
Multichain is here and it's the Future
Multichain is here and it's the Future
Multichain is here and it's the Future
The mass adoption of Web 3 and DeFi 2.0 is imminent, with an influx of over 1 billion users expected to be onboarded within the coming years, the industry will start seeing a shift towards a Multichain strategy as they begin to bootstrap for the mass onboarding of future users. With the mass onboarding of users comes an increase in value to the blockchain industry as a whole, as the industry’s market size is expected to grow from around $7bn in 2021 to more than $160bn in 2027 (23x in 6 years). However, we are already seeing a congestion in popular blockchains such as Ethereum, where the amount of users using the decentralized technology has exceeded the functionality of the technology itself. This is where the value of a Multichain strategy lies, as it allows for the decongestion of individual blockchains, spreading value across communities and lubricating the entire blockchain infrastructure across different chains. For users Multichain eliminates costly and complex transactions, ensuring a positive end-user experience. Domani is committed to a multichain present and future, with the launch on Avalanche and the future launches on Algorand and Solana. We want to build a better end-user experience as well as capitalize on the growing market share of alternative blockchains, in the search of expanding our reach and communities we operate in.