đMarket Overview
This paragraph contains information about the size and development prospects of technological areas that will be used by the team to implement the Play-to-Earn platform BFG.
The emergence of blockchain technology marked the start and development of the cryptocurrency industry, which not only changed the traditional finance industry, but also had an impact on the development of many spheres of human activity. The relevance and demand for blockchain-based products has surpassed all unimaginable predictions and is now one of the most important topics of discussion around the world. Bitcoin, the benchmark for the cryptocurrency market, has become the most profitable asset of the last decade, significantly outperforming other competitors. The multiple growth of the entire cryptocurrency market's capitalization in just a few years, peaking at $3 trillion, has left even the best financial experts amazed. Despite the inherent volatility of emerging markets, the cryptocurrency market is demonstrating stunning results and certainly offers boundless prospects for the next decade.
Cryptocurrency market capitalization 2013-2022
Number of cryptocurrency users 2011-2022
According to the report of one of the largest crypto exchanges Crypto.com, the global crypto population has increased by + 178% in 2021, rising from 106 million in January to 295 million in December. Cryptocurrency proliferation remained steady in the second half of 2021. Overall adoption growth in the second half of 2021 was 37.5%, a 13% increase over the same period in 2020 (33.3%).
According to Crypto.com experts, the use of cryptocurrency in different areas of life will significantly expand the user base in the coming years; by the end of 2022, the number of global cryptocurrency holders will reach 1 billion. Currently, more than 18,000 companies choose to accept cryptocurrency as payment for their product or service. According to the former Goldman Sachs manager Raoul Pal, the audience of cryptocurrency users will reach 3.5 billion people by 2030, and the market capitalization will reach $250 trillion.
Blockchain technology has significantly changed the picture of the modern world, and we should not forget that this is just the beginning.
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