Bringing crypto and holiday spirit giveaways to everyone with XGo’s Web2.5
While the crypto market goes up and down in an almost hypnotizing lull, there is one thing everyone is looking forward to - the holiday season. As the end of the year approaches quickly, Christmas and New Year's are knocking on the door. Yet, the uncertainty of the global economic landscape might be putting a stain on the festive season for some this year.
With raging inflation (8.8% globally in 2022, according to the International Monetary Fund), and rising prices across the board, the holiday season can become overwhelming. However, ambitious projects like XGo are trying to bring more stability to the space by incorporating next-gen concepts and bringing web2 and web3 closer together.
One of the significant changes web3 aims to deliver is to allow a decentralized financial structure to bloom and become accessible to anyone in the world. Currently, traditional banking is widely unavailable in some regions of the world, leaving more than 1 billion people worldwide unbanked, according to the latest Global Findex Database research. With the global adoption of web3, the currently unbanked will have easier and more secure access to financial instruments.
Moreover, web3 will allow those involved in the traditional banking world to access a fairer and more secure financial system. With web3, users will be able to pay their bills in crypto and purchase goods and services with their digital assets without having to go through a middleman.
While web3 may sound like the perfect solution, the global financial market still needs to catch up to achieve the worldwide adoption of this technology. This is where projects like XGo come in, and make a difference.
XGo positions itself as the bridge between web2 and web3 by introducing a
Read more on cointelegraph.com
