There is bad and good news. The bad news is that the current crisis in the cryptocurrency market is a trust crisis in large platforms. Users have less and less trust in such giants as Binance and Bybit, considering them “bubbles that are about to burst.” like FTX.
The good news is that the crisis doesn’t mean the inevitable death of the crypto market, which has been buried many times. However, in order to survive, the crypto industry must change. And it is changing already – users are investing more and more in a real business, not a virtual one. The trend towards investing in real businesses confirms the growth of such projects as PapayaHub, which has grown by 400% since October 2022.
It was told by the chief investigator of Chainalysis Adam Hart, who gave an interview to CoinTelegraph journalists during the Israel Crypto Conference. He shared his thoughts on the current state of the crypto market, urging investors not to panic over the crypto crisis.
“Don’t worry, cryptocurrencies aren’t going anywhere — only the ways of using them will change. For example, today we are already seeing the growth of projects like PapayaHub.”
Adam Hart is sure that the situation in the cryptocurrency industry will improve by mid-2023. Users only need to have time to adapt to the situation, which is already changing. Adam Hart considers the webcam business to be one of the promising areas for investment.
“For 2022, the webcam market has exceeded $23 billion, showing a 10x growth in just 5 years. The covid-related restrictions only pushed him.
In the first month of quarantine, one of the international webcam sites OnlyFans increased the number of subscriptions by 75%, and the traffic of one of the leading players in this market – PapayaHub – is 40 million viewers per day, ” added Adam Hart.
PapayaHub, which Adam Hart talks about, is a fast-growing webcam investment platform with a daily profit. At the heart of the platform is Europe’s largest network of webcam studios, PapayaHub, whose broadcasts are most viewed in popular categories on the top 20 webcam sites.
According to Adam Hart, the main advantage of PapayaHub is that users can invest cryptocurrencies in real business, which “will not disappear like FTX did after bankruptcy.” Investments in the webcam business will allow users to create an “airbag” that won’t burst even if the crypto market falls even more.
To start investing in PapayaHub, you need to make a deposit in any of the 4 PapayaHub plans using any of the 8 largest cryptocurrencies: BTC, ETH, DOGE, DASH, BCH, ZCASH, ETC and XRP. The first reward is credited after 24 hours.
Profitability depends on the plan: the minimum plan offers 0.5% from initial investment daily.
To put it differently, Adam Hart considers the transformation taking place in the market to be quite natural. You need to understand that users no longer trust investing in a “dummy” like FTX, which is not a real business. The trend today is investing in promising traditional business niches that bring no less than even the most volatile cryptocurrencies.
This point of view on the prospects of the market is quite relevant for fans of cryptocurrencies, who managed to get burned by the instability of centralized platforms. The future of cryptocurrencies lies behind projects backed by real businesses that bring real profits – such as PapayaHub.