During the past 10 years, people all over the world have become increasingly receptive to blockchain and cryptocurrencies. Initially, cryptocurrencies were viewed as a serious threat to both local fiat money and governments. However, many former crypto opponents are now pushing for its adoption after witnessing its many benefits, according to Dan Schatt and Domenic Carosa, the fintech veterans of an up-and-coming social crypto marketplace called Earnity. Let’s take a look at why crypto’s demand will only grow further in 2022.
A key driver behind the rising demand for crypto is the fact that cryptos can be used in multiple ways to generate passive income. For instance, through the method of staking, people can commit their proof of coins to help confirm their transactions and protect their networks. In return, they are rewarded with portions of the funds that people who use their networks pay. Crypto enthusiasts can also generate passive income via crypto lending, buying/holding coins, and yield farming.
Individuals who are not familiar with cryptocurrency buying can easily get started with Earnity, according to Dan Schatt and Domenic Carosa. They can access the latest news and tips for making the most of their crypto transactions on the platform. In addition, they can experience less “noise,” as users have to undergo verification to confirm that they are indeed human. This keeps the marketplace free of shill armies, bots, and fake accounts that plague many other cryptocurrency-themed groups and social media websites.
The platform also caters to digital influencers and creatives, who no longer have to resort to annoying monetization schemes to utilize temporary trends and develop link bait to make a living. Instead, they can take advantage of monetization means and tools that reward actual learning and high-quality content in the marketplace. The monetization options available on the platform are fair, simple, transparent, and beneficial for all parties involved.
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