Become A Part Of The Profitable Crypto Industry With PayFbit
Over the past decade, the concept of blockchain and cryptocurrencies have completely changed how we view assets. Created in the year 2009 by pseudonymous developer Satoshi Nakamoto., the first decentralized cryptocurrency, Bitcoin, started an arms race for a new type of currency.
Cryptocurrencies have come a long way since then. The success of Bitcoin saw countless other cryptocurrencies and tokens trying to emulate this growth to varying degrees. Although individual tokens and coins might fail, the industry as a whole has continued to grow at an unprecedented rate and still holds a lot of promise for the future.
So much so, that a recent report suggests that Ethereum, the second-largest cryptocurrency platform, is the best performing asset class of 2020. Cryptocurrencies have been a better choice for investment so far in 2020 than all other traditional assets such as real estate, gold, stocks, and fiat currencies!
What does this mean? That the cryptocurrency is thriving and stronger than ever before!
Highlights from the Crypto World
Cryptocurrencies are witnessing wider adoption in the market space, with many industries finding useful applications for the blockchain-based asset.
The cryptocurrency market was valued at USD 1.03 billion by 2019 and is projected to reach USD 1.40 billion in 2024, growing at a CAGR of 6.18% during the forecast period.
Countries around the world are beginning to ease previously imposed restrictions and bans on cryptocurrencies after seeing the benefits they provide.
Despite the havoc caused by the COVID-19 pandemic on virtually all other types of assets, cryptocurrencies saw a healthy growth rate and even flourished.
The first quarter of this fiscal year saw an increasing awareness and interest in countries with a lot of potential for growth and user adoption: India, Pakistan, Columbia, Canada, Nigeria, Greece, and Romania.
Major governing bodies and payment providers such as Visa are driving cryptocurrency adoption by actively promoting crypto adoption. (Visa recently filed a patent application for a new cryptocurrency system)
The world’s biggest social media conglomerate, Facebook plans to release its own cryptocurrency Libra, this year.
Evidently, the concept of cryptocurrency adoption is no longer frowned upon and is being embraced by millions around the world. With the industry set to see a huge explosion in growth, the time to become a part of this success story is now!
Make A Mark With PayFbit
Having foreseen this trajectory years ago, PayFbit is ready for the future. Now it is your turn to do the same. PayFbit is a smart blockchain-based payment system that effectively manages both digital assets and fiat currencies. By correctly identifying the areas of the cryptocurrency industry that need drastic improvements, PayFbit was able to create a comprehensive solution that meets the needs of practitioners.
The PayFbit ecosystem provides the tools needed for the practical implementation of cryptocurrencies and their usage in everyday life.
With all the features in place, PayFbit is set up for roaring success and is now looking for active participation from forward-thinking entrepreneurs. To take part in the ongoing ICO crowdsale running successfully, visit https://payfbit.com/.
Step into the future with PayFbit.