Despite the Bear Market, Crypto Adoption in Retail Continues to Grow

Despite the crypto bear market's fifth month, there is always hope. People who don't like to follow the prices (pun intended) can follow the projects themselves, which is an even better idea.

On Sept. 6, the Ethereum mainnet merge will be the center of that hope. " "Ethereum's Merge is the most complex upgrade to date," according to the Ethereum Foundation. Our hope for a brighter future in the DeFi side of the blockchain ecosystem can be found in areas where there is still a steady increase in users. Blockchain Adoption In Retail: Despite supply chain disruptions and global economic woes, the pandemic helped accelerate the growth of the blockchain retail market, according to Fortune Business Insights. " Checkout. com reported in April that 45% of consumers between 18 and 35 think cryptocurrency should be used as currency, while 62% plan to include digital coins, tokens, or NFTs in loyalty programs.

Are mainstream retailers going to accept crypto payments for purchases? It was announced earlier this year that Tesla would no longer accept Bitcoin payments. Bitcoin is still accepted by retailers such as Home Depot, Whole Foods, Starbucks, and Microsoft. For a firsthand look at the evolving crypto retailer landscape, we interviewed the leaders of payment platforms and vendors.

Retail Growth During The Crypto Winter: Despite the effects of COVID-19

flattening out in 2020 and 2021, blockchain retail is predicted to increase at a compound yearly growth rate (CAGR) of 42.8%. "There is demand, so the solutions must meet the moment appropriately and quickly," said Checkout.com's head of crypto strategy andGTM.

Despite the crypto market's doldrums, awareness and demand for crypto have reached mainstream markets and are creating momentum toward adoption. "As online retailers begin to accept crypto payments, it sparks curiosity about where this will lead in the future - and if there will ever be a true transition from fiat to crypto," Houlgrave said.

Crypto incentives have become very popular among Rewards Bunny's approximately 50,000 users, according to CEO and Founder Jacky Goh. With more crypto adoption year-over-year, we see a massive opportunity in this space, says Goh. "80% of our users chose crypto rewards." Rewards Bunny expects to see a spike in cryptocurrency interest following the Ethereum Merge.ico 87002

"Despite the bearish current crypto market, we see huge advancements in blockchain technology. As Ethereum merges this month, it will be a very exciting month. In addition, Goh noted that innovations are becoming increasingly common in the blockchain industry, particularly with X-to-Earn trends.

Why Ease Of Use Is Key: Virtual Brand Group (VBG), a company that helps brands sell in the metaverse space, said its studies show an increase in crypto usage by consumers. "About 28% of Americans now use crypto." Hochberg said. According to a consumer survey conducted recently by the Virtual Brand Group, this will increase by 24% compounded over the next several years.

Hochberg dismisses the ominous "crypto winter" and believes low-cost, easy-to-use payment options are key to crypto adoption. "Ease-of-use will drive mass adoption even more. Hochberg said thousands of companies are creating crypto wallets, apps, and payment systems that remove any technology confusion for consumers, so soon you'll be using them just like Venmo or PayPal.

According to Maurice Glissmann, founder and CEO of AMZSCALE, which supports over 800 Amazon retailers, blockchain is proving to be an important growth area for traditional retailers. Recently, Amazon Scale launched a security token that allows investors to invest in retail brands.

"Our solution allows any brand to put some equity on the table and get some funds. Our crowd investing solution enables brands to connect with perhaps 1,000 core customers who love their brand. In that way, true brand lovers can truly be a part of the whole brand. "I believe that NFTs, as well as the entire blockchain space, will be huge over the next year, especially for those types of services or ideas."

The Last Word: While the market remains chilly, progress continues — even if the market does not reflect that progress. Retail, gamefi, defi, metaverse and paytech still have a bright future based on the amount of investment pouring into the space. It was only during the last bull run that the mainstream discovered this once-insular blockchain space vc m. Our project leaders need to show our work with real use cases that serve not only crypto but also the rest of the world.

The founder of AdLunam, Nadja Bester, recently said, "It's up to you to shape the future. Simply reproducing the success of others is no longer a viable option. As a result of this, you have the opportunity to ask yourself: What are the actual potentials of this technology? What can our project actually accomplish and achieve? I think that this will result in a lot of creativity and innovation. I think that's the silver lining."

It is possible that one of the silver linings will be the ability to buy NFTs using fiat from Amazon sellers. The next big blockchain idea can be something we've never considered before. Or it could be a new revenue stream in the metaverse. When the crypto winter is over, we must be ready with ideas worth believing in. In the end, these projects will lead to a brighter and more constructive future for blockchain. —Crypto Weekly

PROJECT 1

Cookie Sale

cookiesale

cookiesale

cookiesaleio

PROJECT 2

Kodi (KODI)

kodicoin

kodicoinofficial

kodi_coin

Cookie Sale launched in February 2022, and aims to become one of the biggest launchpads for tokens on the BSC. With its sleek design and easy-to-use interface, CookieSale looks to be adaptable and adoptable for developers and a safe environment for investors. CookieSale works side by side with Kodi’s marketing & advertising agency Pitch. This benefits developers and holders of Kodi as well. As a developer, you will be able to use CookieSale as an “A to Z” platform.

From advertising to zhooshing up your “cookie” there will be something that satisfies almost anyone’s tastes. As a Kodi holder, a percentage of the revenue generated through CookieSale will be bought back into Kodi and then airdropped to holders, holding 10 million or more Kodi tokens.

Backed by powerful auditing companies such as Certik, SpyWolf, Brewlabs, Dessert Finance, Contract Checker, and HashEx developers will be able to choose between three pre-audited contracts or create their own and have it audited separately. Other key features include liquidity locking, anti-bot features, custom airdrops, visual cues to aid in identifying safer investments, and more.

One notable feature that stands out amongst other launchpads is that CookieSale will only charge a flat fee for listing. Developers will be able to launch the right way, without the fear of a large sell from the launchpad taking profit.

Kodi’s mission is to create a one-stop-shop IDO platform and provide investors with an interactive Entertainment Network that will keep users engaged, informed, and entertained while investing in the crypto space.

Clear Vision

Kodi`s vision is to create an ecosystem that will be a driver in promoting a safer economic environment for crypto investors to participate in and for developers to grow their projects.

Kodi is creating an industry-first Entertainment Network that will become THE place for crypto investors to socialize, have fun, win prizes, and learn about everything crypto. Is there anything more about Kodi? How do you, as an investor benefit? Kodi by itself, is an entertainment project. Kodi plays games. post podcasts, do AMAs, have tournaments, live streams, and play plenty of music. At Kodi there are two subsidiaries. "Pitch" being the in-house advertising agency, which is a one-stop shop, all things content creation, both in crypto and fiat. Branding, websites, commercials, you name it Kodi does it. The Pitch Advertising Agency and CookieSale launchpad. Cookie Sale will work in unison to become the go-to destinations for developers to build their brands and launch their projects With Cookie Sale, you can launch your project from A to Z. Gone are the days of taking your token supply. Kodi simply charges a flat fee, no strings attached.

So how do you benefit as a holder? Well, if you're, a holder of at least ten million KODI you receive BNB, rewards automatically deposited into your wallet. You also can participate in Kodi`s weekly games where you can win, BNB for free. But here's where things get really exciting. Two percent of every transaction goes straight into the Kodi treasury contract. The treasury buys back Kodi tokens, creating an increase in price, and stores them in the treasury. Twenty percent of these tokens are burnt and 80% gets used to top up the staking pools as needed revenue generated through pitch and cookie sale also gets added to the treasury contract. This creates the ever-increasing price floor, whilst also removing tokens from circulation. Go say hi on their telegram community, or check out their website at Kodicoin.com.

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