Crypto is the future, or more correctly we should say, that blockchain will shape our future as we know it. From IOT to NFTs to Defi to zk protocols, blockchain is being used everywhere. Even in the medical sector, bookkeeping for banks, academic institutions and what not. Now that we know we’ll be using blockchain on a regular basis in the future, here in this blog we’ll try to analyze trends in the market and see how we can be one step ahead in the ever changing world of crypto & AI.
Crypto has had it’s bad reputation for it’s volatility and institutional investment and flash crashes. We think we know who is to blame for this, exchanges offering leverages upto 100X, these over leveraged positions on exchanges escalate the sudden downfall of the whole market just because of a minor news or event. Most of the time it’s not even an event, it’s just some institutional investors trying to dump on retail investors.
Crypto is too cool for regular people
Cool or I should say, it seems very risky from a glance, people are not used to seeing the value of an asset change everyday, in double digit percentages. So they are stuck with the regular assets like gold, land and stocks, which in my opinion is not a bad deal after all. But for global adoption of crypto, I think it’s crucial that we make crypto more boomer friendly.
To understand crypto these days, you need to know about economics, politics and technology as well. If you’re reading this, I would suppose you’re already balls deep into crypto, but you have to look around, look at your friends and family and understand how many of them get what you do in crypto, whether you’re a trader or work for some dapp(decentralized app), or you have your own NFT project or you are just curious about crypto.
It’s like explaining how the internet would change the world as we know it today to someone in 1995, that everything you do will be on the internet, everything. Now that we can sort of say that we are one of the first movers in this blockchain industry, it’s our responsibility to spread this knowledge to people, in the easiest way possible.
What can we do?
What can you do? Major adoption of any technology comes through word of mouth. No, I am not asking you to go to your friends and family and ask them to buy a JPEG for $3000. You need to look out for ways with which you can facilitate their life, but, using crypto.
Let’s say you have a friend who’s an international student, or he sends/receives cross border payments through SWIFT or basically the international banking system. If you have to send money from Country A to Country B through SWIFT, it takes multiple days and it can cost you a lot of money just to transfer that amount.
You could suggest your friend/relative to send/receive money through crypto, choose solana or polygon for the transaction, basically reducing the time and cost it takes just to make 1 transaction. There are thousands of use cases like this which you could share with your dear ones who don’t know about crypto.
A few of the examples could be : Ambassador gigs in Web3 projects, ask them to sell their skill to crypto projects instead of selling into boomers, where they could learn a 100 new things and get paid a better amount. What are the skills needed you ask? Crypto startups need a lot of work done by smart passionate people. They could be UI Designer, or a developer, or a graphic designer, or a photographer, or a cinematographer, or an editor, whatever the skill may be, you can find a space for them in the crypto world.
Easier ways of adoption
One of the biggest ways for global adoption of internet was p*rn and e-commerce. Now when you think about it in hindsight, why porn and e-commerce specifically, because of our innate needs, people were able to buy things from around the world and they were able to see naked women, on demand, sitting in the comfort of their homes.
Now when everything has gone digital already, we think blockchain has already seeped into the 2 biggest sectors it needs to be in, Gaming and Finance. Let me get some facts for you real quick. In 2023, the Video Games market is projected to reach a revenue of $249.60 Billion. That’s just the revenue of the industry we are talking about, worth of the entire industry is more than a trillion dollars.
We are not far from the day where in-game currencies of all the games would be crypto, and it’s happening everyday with new games coming up, one of such games that you can play yourself and suggest to your friends and family to help them understand crypto easily is Kandle, not just another game, but one that merges both gaming and finance. Where you play games, to earn, a multiple fold better alternative to trading futures on XYZ exchange.
Kandle - Making Crypto Fun Again
Kandle fuses the thrill of fantasy gaming with crypto trading. Let’s explore the shining light in this exciting combo.
Mega Leagues
A captivating path to win up to 100X in just 60 seconds, no more waiting for months on the whims of random altcoins. How does it roll?
Pick your favorite coin, engage in a playful competition in the Mega League, and if your chosen coin tops the charts in 60 seconds, you bag 100X of your game fees. (Starting at just $0.1, imagine that!) Others aren’t left behind; a whopping 67% of Mega League players emerge victorious.
Coin Leagues
Think of it as a crypto bullfight: one on one. Choose a coin, predict its 60-second performance, and compete. Win, and you pocket an instant 2X.
Easy 2X opportunities with low to high stakes, entry fees range from $1 to $100.
Portfolio Leagues
No joke, another league! This one’s a safe bet. Form a portfolio with 5 coins, an easy feat. Randomly choose or pick your top 5 in seconds.
Compete for rewards based on how well your portfolio fares against others. Entry fee? Just $2.
High/Low
Another avenue for a 10X crypto win. A chance for crypto-savvy rebels to shine. Toss in a buck, and voila! $10 in your pocket in under a minute. Simple!
Why bother with market timing and a 5/100 chance of profit? Take a shot, drop your thoughts—this game's for the degens, and we're all ears for your suggestions.
Conclusion
While crypto charts an uncertain yet promising course into the future, it's the responsibility of those already immersed in the blockchain world to simplify and share this evolving knowledge. As we navigate through the nuances of volatility, institutional influence, and the apparent riskiness of crypto, it becomes imperative to make it more accessible, especially for the non-enthusiasts and boomers. It's about facilitating lives through real-world applications, like suggesting crypto for cross-border transactions or steering friends towards crypto gigs. With blockchain making significant strides in gaming and finance, platforms like Kandle embody this fusion, offering a thrilling blend of fantasy gaming and crypto trading. Through Mega Leagues, Coin Leagues, Portfolio Leagues, and High/Low adventures, Kandle promises a fun, alternative route to financial gains, making crypto a playground for the degens, and eagerly awaiting your ingenious suggestions.
