$FAYRE Token Listing announcement & news
MEXC listing
On?July 14th at 10:00 AM UTC?the $FAYRE token will be listed on MEXC - please make sure to?create an account in advance so that you can trade your $FAYRE tokens.
Fayre TL;DR
What's New This Week?
The next billion users
The innovation adoption curve classifies users based on their willingness to accept new technology or an idea. There are five categories (innovators, early adopters, early majority, late majority, and laggards). Several players are trying to find ways to accelerate the rate of adoption of crypto to ensure it becomes part of our lives.
One of the challenges with user adoption concerns the complexity of the technology, its jargons and how recent this all is. The applications that enable access to crypto services are also quite poor, in the sense they are not user friendly and can often be complex - this is true when looking at custody services and user experience for signing transactions. Moreover, the majority of the access points have been designed for the desktop experience, which in itself poses a barrier to mass adoption. Think of it this way: in order for users to engage with Web3 applications in any meaningful way, they need to connect their crypto wallets beforehand. At the same time, for crypto to have mass adoption it needs to be part of our everyday lives. Can you imagine not being able to board your plane or buy a coffee if you didn’t have a desktop/laptop?
This is where the mobile phone can come into play. While desktop apps have enabled the initial stages of the innovation adoption curve for early forms of product-market to fit within crypto, the mobile market is the larger reward for developers to capture. The phone experience could be the way to accelerate web3 apps.
This is why Solana has launched their?mobile initiative?and will speed up the process by partnering with a mobile phone builder and has launched a grant system focused solely on addressing mobile. Despite being a bold move, Solana’s co-founder, Yakovenko, thinks this is a driving force for major tech companies to integrate crypto infrastructure into their own mobile devices.
It’s also a fact that mobile is a tough market to break into, but the play here seems to be to show to the world that this is what users want, prove that they actually want to change their habits, and drive further adoption by getting Google and Apple to review their own roadmaps. And, using Jeff Bezo’s own words “your margin is my opportunity”, should be compelling enough. In fact, the potential of facilitating the onboarding of decentralised applications via such a mobile phone would rival the business of those tech giants (who pocket billions with their marketplace fees for application downloads).
The co-founder also has experience as an engineer, building products for Qualcomm and it’s very common to see small teams of crypto engineers making a significant impact when they put their heads together. Look at FTX exchange as an?example.
We wonder what Steve Jobs would have to say of these modern times!
领英推荐
Web3 Never Sleeps
Use This Ice-Breaker Next Time You Need One:
A self-custody wallet is a place where you store digital money like cryptocurrency and other digital assets. Self-custody wallets, also called non-custodial wallets, are required to transact with blockchain-based financial applications.
Feeling the energy in the room
Juicy!
That's it for this week's full scoop! Please feel free to comment, share and discuss NFTs with us, we're here to help. Stay crypto-curious!!??
The information in this email is provided by Fayre Group Ltd. (BVI) on an indicative basis only and shall not be considered binding or final in any way. Fayre Group Ltd. (BVI) reserves the rights to amend any of the parameters stated in this email with no notice. The sale is not offered nor available to US residents.
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