Home AI How a Web3 company is creating the ultimate crypto ecosystem

How a Web3 company is creating the ultimate crypto ecosystem

0
How a Web3 company is creating the ultimate crypto ecosystem

Source: news.google.com

Presented by Fastex

As the Web3 space continues to grow and evolve, there are now several definite aspects that users tend to affiliate with. Whether one loves to use crypto for payments or is interested in hunting down the latest NFT collectible, the crypto space is rapidly diversifying what it can offer users. Regardless of the subsector, Web3 continues to add new users.

According to the latest industry report from DappRadar, the number of unique active wallets connecting daily to a blockchain-based application has increased significantly in 2022. While in 2021, the blockchain industry recorded an average daily wallet count of around 1.58 million, in 2022, this number skyrocketed to 2.37 million.

Still, despite the increasing activity, a major challenge remains: the Web3 space is fragmented, and the various services the space has to offer require a multitude of tools and interactions to be used effectively.

Onboarding to Web3 remains a challenge

While more and more users are flocking to the Web3 space, getting started still requires a significant level of research and preparation. For example, if a cryptocurrency enthusiast is just starting out and wants to start using DeFi platforms, there are several steps that need to be completed before the user can start trading. First, they need to create a Web3 crypto wallet like MetaMask, then they need to purchase cryptocurrency, possibly from a centralized exchange, and only after completing these steps can the user venture into DeFi.

The same process applies to virtually all subsectors of the Web3 space. Whether a gamer wants to start exploring blockchain gaming or an artist is looking to venture into digital collectibles and NFTs, the initial onboarding process must be completed. This rather lengthy procedure is what deters most new users who have an interest in the Web3 space but lack the knowledge of how to interact with blockchain-based platforms.

In response to that fragmentation and complicated onboarding process, one platform is taking this concept of diversification to the next level by introducing an impressive ecosystem of services tailored to the needs of all cryptocurrency enthusiasts.

Here comes Fastex, an innovative crypto platform offering everything from crypto payments and trading to NFTs, a dedicated gallery, and an entire Metaverse. Most importantly, the platform eliminates the need to interact with many different projects with various requirements. All aspects of the Web3 space are available on this single platform.

What is Fastex?

Before we dive into why Fastex is revolutionizing the Web3 space, let’s first look at what the company offers. Created by a team with extensive business experience, Fastex is a complete crypto ecosystem that meets everyone’s needs.

Starting with a dedicated blockchain and a native token (which is also available on the Ethereum network with a public sale until January 20, 2023), Fastex is working to build its ecosystem from the ground up. Planning to use the upcoming Fastex and Fasttoken blockchain as a foundation, the company has already started developing all the pieces that complete its crypto ecosystem.

image_0

Fastex offers an exchange platform that allows users to trade cryptocurrencies. Additionally, users can take advantage of their NFT marketplace to search for tokens and non-fungible collectibles. Are you looking for a way to integrate crypto payments? Fastex has crypto enthusiasts covered with the upcoming FastexPay, a crypto payment solution. And the best part is that all these products come together in FastexVerse, a dedicated virtual world where users can take advantage of all Fastex products in one place.

Efficiency and beyond

Having access to the entire suite of Fastex products in a single virtual world makes it much easier to use and makes trading your crypto and buying an NFT as simple as a couple of clicks.

Beyond simple ease of use, Fastex is working on creating a complete suite of products that can be seamlessly integrated into its users’ daily lives. According to a Pew Research survey, more than 50% of technology experts believe that Metaverse will become an inseparable part of people’s daily lives by 2040.

Imagine you want to schedule a meeting with a contractor or potential business partner. You could easily host it in a virtual environment like FastexVerse. Comprehensive platforms like that will allow businesses and private users to communicate, exchange ideas, and transact crypto assets, all in one place. There would be no need to set up numerous accounts and logins, approve payments on multiple platforms, or wait for confirmations.

Working on projects ahead of their time, Fastex also envisions the Metaverse becoming an invaluable part of the way people and businesses communicate. To provide as many people as possible with easy access to this futuristic vision of the world, Fastex has created an ecosystem of applications that covers the needs of all types of users.

Bringing together all the utilities that the world of cryptocurrencies offers in a single ecosystem of applications and products allows Fastex to conquer new markets and attract more users. The Fastex website has more information about the company and its ever-growing product suite.

Disclaimer. Cointelegraph does not endorse any content or products on this page. While our goal is to provide you with as much important information as we can get, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot be considered investment advice.

Read More at news.google.com