Dan Schatt: Earnity Paves Way for Mass Adoption of Crypto

Crypto has undoubtedly taken off in recent years, but the mass adoption of cryptocurrency still faces many hurdles. Fortunately, these hurdles are slowly being overcome, partly due to the efforts of a new social cryptocurrency platform called Earnity, according to Domenic Carosa and Dan Schatt.

One of the chief impediments to the mass adoption of cryptocurrency and decentralized finance, or DeFi, is crypto’s usability. At the moment, not many retail outlets—both offline and online—accept cryptocurrency as payment. This is mostly because crypto transaction times are slow with some platforms, and many platforms are not user-friendly.

Yet another reason why crypto has not been adopted on a mass scale yet is because of its volatility. On top of this, many people simply do not understand crypto, and when people lack an understanding of something, they often fear it. Education, an intuitive process, and time are all needed to facilitate crypto’s mass adoption quickly.

Fortunately, Earnity helps with addressing all of the abovementioned issues. The platform stands out for being super simple to use while also providing crypto users with the broad range of information they need to make informed buying decisions.

The marketplace is also a social platform, which means that users can connect with, ask questions, and receive input from other people who share their interests. In addition, the platform rewards individuals who deliver quality information via its community-controlled system for scoring users’ reputations. At the same time, the platform was designed with safety at its forefront. That makes it leaps ahead of other platforms on today’s social internet, where security is sadly placed on the back burner.

With the marketplace’s help, the hope is that more people worldwide can focus on cryptocurrency fundamentals and ultimately master how to make crypto work for them, according to Domenic Carosa and Dan Schatt.