The most transformative crypto applications of the next decade likely haven’t been invented yet, according to Spencer Bogart, a general partner at venture capital firm Blockchain Capital. Speaking on a panel at a recent industry event, Bogart suggested that while current market attention is focused on existing tokens and protocols, the real value creation will come from entirely new categories of decentralized applications that are still in their conceptual infancy.

Stablecoins and Prediction Markets as Mega-Trends

Bogart, whose firm has backed major crypto projects including Coinbase and Kraken, identified two sectors as foundational mega-trends: stablecoins and prediction markets. He argued that stablecoins are already…