As the crypto industry is maturing, now is the perfect time to enter the market.
As the crypto market is moving into the early-to-late maturity stage, digital assets are getting embraced by a share of the population (16% of Americans already had first-hand experience with them).
In addition to consumers, large brands like Microsoft, Gucci and Burger King are joining thousands of merchants in accepting digital asset payments. Besides rising institutional adoption, VCs poured $14.67 billion into crypto startups in Q2 2022 alone.
Considering all this, I expect every company to become a crypto business to some extent by 2035.
Now is the perfect time to enter the market. And in this article, I will share a few tips with companies and entrepreneurs seeking to do so successfully.
Tip 1: Don't be afraid; the crypto market is not that complicated
When you first encounter industry jargon and acronyms like DeFi, CeFi and DAO, you might feel that you don't understand a single thing about digital assets. However, a couple of weeks is enough to learn the basics about the market and how the underlying technology works.
While there is tons of content you can use for learning, the crypto market is deeply integrated into the regular economy. That's why it will be a little closer to life for many people.
To sum things up: no matter how new, complex or scary it may look at first, it shouldn't stop you from entering the market. Crypto is not that complicated.
Continue reading: https://www.entrepreneur.com/leadership/4-tips-for-entering-into-crypto/436639
As the crypto market is moving into the early-to-late maturity stage, digital assets are getting embraced by a share of the population (16% of Americans already had first-hand experience with them).
In addition to consumers, large brands like Microsoft, Gucci and Burger King are joining thousands of merchants in accepting digital asset payments. Besides rising institutional adoption, VCs poured $14.67 billion into crypto startups in Q2 2022 alone.
Considering all this, I expect every company to become a crypto business to some extent by 2035.
Now is the perfect time to enter the market. And in this article, I will share a few tips with companies and entrepreneurs seeking to do so successfully.
Tip 1: Don't be afraid; the crypto market is not that complicated
When you first encounter industry jargon and acronyms like DeFi, CeFi and DAO, you might feel that you don't understand a single thing about digital assets. However, a couple of weeks is enough to learn the basics about the market and how the underlying technology works.
While there is tons of content you can use for learning, the crypto market is deeply integrated into the regular economy. That's why it will be a little closer to life for many people.
To sum things up: no matter how new, complex or scary it may look at first, it shouldn't stop you from entering the market. Crypto is not that complicated.
Continue reading: https://www.entrepreneur.com/leadership/4-tips-for-entering-into-crypto/436639
