NutGain’s Ecosystem Gives a Platform to Surging Crypto Adoption
The evolution of money has had fascinating progression across the modern era.
Driven by the fast pace of modern trade and global distances of commercial interactions, currency has had to adapt to the unique parameters of the technological age.
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. More and more countries around the world are 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 participators in crypto networks around the world.
According to research by blockchain-tech firm Blockdata, 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. A recent study by 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.
For instance, the ease with which investors can now buy digital coins, through platforms like Coinbase (COIN), Paypal (PYPL), and Robinhood (HOOD), has been a major boost in global crypto exposure. Similarly more and more retailers are now offering crypto as a payment option.
While these developments constitute welcomed progress for crypto adoption, they have mostly been incremental improvements. What is still lacking are systems-level adoptions that will allow transnational commercial activity in a seamless and integrative way.
This need was 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.
The Token is a core element of the NutGain ecosystem which unites all ecosystem products. It is a means of payment for the ecosystem and a tool that connects different products and applications. NutGain Token runs on Binance Smart Chain (BSC) with BEP20 Standart similar to those used by Etherum 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.
