A Unique Platform Blended with Social Media and Digital Currencies
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Social media continues to impact industries in profound ways. One such industry is crypto-currency and blockchain technology. Much of crypto-currency development and popularity could be attributed to social media. From the social forums of digital currency’s humble beginnings to mainstream social media channels, social media and crypto-currency have a very close relationship indeed. This relationship between social media, crypto-currency and blockchain continues to evolve in new and exciting ways. The influence of one on the other has even become mutual as crypto-currency and blockchain technology blossoms.
There are even blockchain-based social networks sprouting up. In addition, these additional industries’ live-streaming platform allows users to broadcast themselves to other users in real-time, receive virtual gifts and coins, and redeem them for cash. As of July 2021, they have almost 5.8 million registered users from over 200 countries and regions, with approximately 20,000 active live-streamers and viewers a day. It’s also developing rapidly in the Middle East. (1) Have you ever envision a social platform that blends live-streaming, social media, and digital currencies? It could be a total package! Isn’t it? Brace yourself and get ready to unfold the next generation social platform here!
Crypto-currency in the modern time has become the prime focus in its market capitalization since the turn of 2021. Within the last six months, economic enthusiasts navigating the crypto-currency landscape braced for what seems to be a rush in interest among venture capitalists looking to enter and earn revenue from this dynamic digital asset. The future of crypto-currency is optimistic as more traditional commercial institutions and large enterprises are beginning to embrace virtual currencies and develop their operations for widespread adoption. Be it through building network infrastructure or simply offering more accessibility for their consumers to transact crypto-currencies as payment for goods and services, crypto-currency is changing the way consumers think about how money is valued and owned.
Along with this, ever since acquiring around 51% of Crypto Pal Technology Ltd., from Shanghai Yitang Data Technology Co. Ltd., these other scopes might have positioned themselves as one of the largest digital coin miners on the planet and potentially the first and only publicly marketed sectors with direct exposure to Dogecoin and Dogecoin mining. (2) This digital breakthrough has evolved in a series of inventions that have revolutionized the way we consume media. Keep an eye out for these industries that were said to have the best platform and might be the game-changer! Discover the difference for a better virtual experience now.
The future of crypto-currency might be all about utility rather than specific coin value. With potential adoption of blockchain technology around the corner in multiple industries, the role of social influencing crypto-currency is being reversed. Blockchain technology could disrupt the current social media construct. In fact, many of the core blockchain concepts are perfect solutions to many current social media pain points. The relationship between social media, crypto-currency and blockchain might continue to evolve, and it could do so at lightning speed. Could social media and forums continue to influence the future of crypto-currency? This could probably happen, since social media influences just about everything. Let’s drop the bomb! Reading this article could tickle your curiosity.
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Source 1: https://topdogsocialmedia.com/social-media-cryptocurrency-and-blockchain/
Source 2: https://www.digimind.com/en/resources/2021-cryptocurrency-industry-report
