The dark time of cryptocurrencies comes to an end. Growing into mainstream acceptance.
3-in-1: 3 digital news in 1 minute. On Monday. Episode 233
Discover 3 original digital news, invest one minute and be a better professional!
News 1: MetaMask passes 1 million users!
MetaMask is a crypto wallet and a single access to Ethereum-enabled distributed apps. Taking the hassle of having to run Ethereum nodes, thus making distributed web available easily for users. An app but above all a browser extension. They passed the 1 million monthly active users mark! Opinion for B2B: Interesting to dig in into a comeback of crypto currency: paying, dealing and securing. This is where MetaMask plays a role. MetaMask from ConsenSys — based in the “blockchain” paradise, Zug (favourable regulation of the canton).
Time to review our thought on what crypto is today!
News 2: Stakingrewards winning in a niche
Staking is a method of holding crypto currency assets in order to increase the currency stability. It’s similar to the payment of an interest — the amount varies between currencies. The currency provider pays in exchange — for owners supporting its stability. By comparing stakable coins and staking providers, Stakingrewards brings an overview into staking. Stakingrewards is not an investment platform, for staking users are redirected to staking providers. Opinion for B2B: Crypto currencies are still quite a niche investment asset class, staking is the niche within the niche. Stakingrewards is a leading player in crypto staking and attention for staking will grow with increasing investment into crypto.
The way to success: winning a quickly growing niche early on.
News 3: Paypal, the new front runner in the crypto space
Paypal introduces cryptos as a payment method. Users can now use crypto currencies to pay at all 26 million partner stores. Announced to launch in Venmo (belongs to Paypal) and countries outside the US in early 2021. Technology behind comes from partner Paxos (NYC based, $93m funding). Opinion for B2B: This is a major step towards mainstream adoption of crypto currencies. For Paypal, now is the right moment to jump onto the rejuvenated “crypto train”. Today just mainstream enough to get first movers to use payment feature. The move is early enough to be able to influence and form the future of crypto currencies.
Paypal is going to be acknowledged as the “front runner” for cryptos.
Author is the research team (10 trend scouters) at specialist Space and Lemon (Hamburg, Berlin) — scouting in main tech geographies, in AI development, virtual worlds and e-commerce. Excerpts of research are gathered here in original weekly news since 2016, always with a professional opinion — no re-write of TechCrunch. Research time: Dezember 2020.
Come back next Monday and share your opinion.