NutGain's Ecosystem Provides a Platform for Crypto Adoption

in nutgain •  3 years ago 

A platform for surging crypto adoption is provided by NutGain's ecosystem. Due to the fast pace of modern trade and the distances involved in commercial interactions, currency has had to adapt to the unique characteristics of the modern world.

Over the past decade, monetary systems have come to integrate not just digitized money but money that is inherently digital. Enter cryptocurrency.

Patterns in crypto adoption in the recent period have surprised most if not all of the skeptics. The world is seeing increasingly more countries taking the dive into cryptocurrency or seeing existing adoption increase. Even countries in emerging markets, such as Kenya, Nigeria, Vietnam, and Venezuela, are jumping onto the crypto-wave and are among the highest participants in crypto networks around the world.

A report by blockchain-technology firm Blockdata suggests that more than half of the world’s largest banks now have exposure to crypto, either through direct or indirect investments in projects related to digital currencies and blockchain. The University of Chicago found that 13% of Americans traded crypto over the last 12 months, compared to 24% who invested in stocks. The rise in popularity of these currencies has been reflected strongly in their exploding value. The price of bitcoin alone has increased nearly 500%, since March 2020.

There are several factors pushing the crypto trend. From a simple monetary perspective, inflation has been a key motivator to shift away from fiat currency and into crypto-coins which are, typically speaking, resistant to inflation trends.

But perhaps more important than the economic factors is the user-access element opening the door to more and more adopters.

Digital coins are easy to buy. They're also easy to sell. You can do it via Coinbase, PayPal, or even Robinhood. That's welcome news for the growing community of crypto believers who are looking for ways to invest their money. And more and more retailers are starting to offer crypto as a payment option. That's good news for the millions of people around the world who use Bitcoin and other cryptocurrencies every day as a means of payment. But there's still plenty of room for more progress. What's needed is an adoption breakthrough that will make it as easy and seamless as using a credit card to transact with someone thousands of miles away.

This need is one of the main motivations behind the NutGain platform.

NutGain is an innovative digital ecosystem bringing together several core technologies to support the key activities and interests of online users. At its base, NutGain is a tool by which users can regain control of their personal data, information normally siphoned off automatically to service providers and used for marketing campaigns. Through the state of the art NutGain browser, users are now in possession of their own browsing data, a valuable asset they can leverage for their own benefit. Activities of the ecosystem run on NutGain’s issued cryptocurrency, NutGain Token.

Tokens are a core component of the NutGain ecosystem. It is a payment tool that unites all ecosystem products. It is the means of payment for the ecosystem and a tool that connects different products and applications. NutGain Token runs on Binance Smart Chain (BSC) with BEP2B Standard similar to those used by Etherium and other crypto-coins. NutGain Token will be listed on the Decentralised Exchange PancakeSwap and will soon be added to other centralized crypto exchanges.

"Armed with NutGain Token, members of the ecosystem receive access to a wide range of online realtors and service providers, and are awarded with loyalty benefits and special product discounts. The platform also offers options to transfer NutGain Token value into other cryptocurrencies. In this way, NutGain presents one of the first fully-synthesized e-commerce systems supported exclusively by cryptocurrency. Backed by the surging upward trend of cryptocurrency adoption, NutGain is sure to be an important milestone in the integration of crypto into the ever-expanding digital economy."


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