đ BONUZ Enables Crypto Mass Adoption!
Despite crypto's growing appeal, a major barrier is keeping everyday users at bayâtechnical literacy. According to a survey by Australian exchange Swyftx, 43% of respondents havenât adopted crypto due to confusion over how it works. Similar findings were reported globally, where a lack of understanding around blockchain and crypto storage hinders adoption.
Technical jargon such as âblockchainâ and âtokensâ can be intimidating, making the technology appear complex and exclusive. Industry insiders like Lance Morginn, President of Blockchain Intelligence Group, acknowledge that crypto terms often âscare people away.â
The crypto sector has seen spikes in adoption with initiatives like spot Bitcoin ETFs, making entry into the market simpler. However, many remain deterred by issues like secure crypto storage. Kadan Stadelmann, CTO of Komodo Platform, points out that overly complicated security setups may drive users to custodial exchangesâdefeating cryptoâs decentralized ethos. Ironically, complex setups could make systems less secure, increasing the risk of losing funds.
Complexity, confusion, and onboarding issues are some of the reasons why I created Bonuz. As we removed the need for seedphrases and started using a social login option (for example, Google login), we are paving the way for seamless crypto use and exchange. Crypto has to be simple, intuitive, and user-friendly, which is exactly what we try to enable with BONUZ. If you haven't checked out my project yet, stay informed and visit us on bonuz.xyz. There are only a few weeks left until the hard launch, so if you're looking to join an amazing project - look no further. Bonuz is here to stay! Bitcoin is here to stay and lot of other epic onchain technologies are here to stay!
Have a fantastic day and stay awesome!
Mende out!
