Mainstream Integration On The Cards For Ethereum
Even though Bitcoin was grabbing most of the crypto headlines last year, the whole virtual currency industry grew in leaps and bounds in 2017.
Ethereum started out the year trading at about $10 and now, one year later is sitting at just under $1,300 according to CoinMarketCap. It is currently back in second place, behind Bitcoin of course, with a market cap of just over $120k.
Ethereum might not be leading the crypto race in terms of dollars, but it is surging ahead in the industry in another way. Due to its revolutionary smart contract system, the Ethereum Blockchain is the go-to network for ICOs. This is because its underlying technology can be used in the creation of customized decentralized applications (dapp).
One of the biggest Ethereum dapps for last year had to have been CryptoKitties, a prime example of monetizing blockchain technology. The blockchain-based game allows users to breed, raise and trade their CryptoKitties. The Ethereum network blew up when the game launched and experienced a huge amount of strain thanks to the game’s popularity.
So, as you can see, the Ethereum blockchain is not just for business either, it can be used for leisure-based activities too.
However, according to Nerayoff, as Ethereum is integrated more and more into our daily lives, it’s the trading price will undoubtedly increase:
Massive growth isn’t just limited to Ethereum though. Nerayoff believes that the whole crypto industry will continue to grow and expand:
As the industry grows and inevitably results in global acceptance and adoption, now is the time to educate ourselves on the benefits of Blockchain Technology and how it can help improve and streamline business processes over a range of sectors and industries.
Now your take on this argument.
We would also like to hear what you feel about the topic we discussed today. Your feedback is very important to us. Feel free to drop your comments and recommendations. If you have a contrary opinion, you can drop that too.
You can also join our Facebook Page CRMNigeria for more updates. You can do that by clicking on the link or searching for our page on Facebook.
You need to confirm your subscription by clicking on the link sent to you. You can check the spam folder for it. Add us to your mailing list to receive directly from us.
PS: Click on the link below to sign up for my Online E-Course CRM Training. Make sure you confirm your subscription by clicking on the link sent to you. Thanks.
Adeniyi Salau (CCNA, CEP, MOS, MCP, CSCU (Project 2016) is a Digital Marketer, Project Manager and SEO Expert of repute with about a decade of Blogging and online marketing experience. He is always ready to share his experience with others.