Adoption Might Not Be Smooth But We Will Get There

The current unfortunate crypto events that have happened in the past has caused a lot of doubts, we have people questioning the future of crypto. Although people have been question the future of crypto a long time ago, But the more we hear crashes like this the more the doubt increases, but the moment we enter the bull market, their hope tend to rekindle, this is why I can’t wait for the next bull run because, I am really curious to know the amount of people that will flood the crypto space this time. Last bull run we saw massive adoption that encouraged a continuous adoption chain right now. All thanks to NFTs.

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NFTs helped in creating more crypto awareness and adoption, people went from not caring about crypto, to utilising NFTs, only to realise that NFTs are cryptos also, so they were left with no other choice but to use and learn crypto, this was when they realised that crypto is not that bad and could be the future. Causing them to start using crypto, learning crypto and investing in crypto. Currently, we have another changer that is attracting people to crypto, this is the testnet activity going on. Its an activity where people test a crypto platform or a new blockchain and then get rewarded. Lots of new crypto noobs have been participating and it has been helping them understand crypto better. This is more crypto user recruitment which is nice, its not smooth and its slow, but getting there is the goal.

Thanks to lots of move to earns, play to earns and other GameFi based cryptos, it has helped aboard a good number of people, although it has not onboarded enough to be compared to Web 2.0 but we are getting there, doesn’t matter how rough the journey might be, but getting there is the goal. We are still early in the crypto space, we dont have a lot of the big financial players in the crypto space yet, with time we will have them investing in the crypto space, but for now lets keep enjoying the process.

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