Cryptocurrency adoption soars amongst millennials
Everything suggests that we’re heading for a new age in financial technology, and it’s seemingly going to be the millennial generation that takes us there.
An online Harris poll conducted in April 2019 found that people aged between 18 and 34 were three times as likely to be familiar with Bitcoin as those over 65, and twice as likely as those aged between 50 and 64. In the same poll, 59% of millennials had a positive view of Bitcoin as a fintech innovation, almost twice as enthusiastic about the technology as older working generations and three times more than retirees.
So why are millennials so enthusiastic about crypto?
Put simply, the millennial generation has not enjoyed the economic growth that the baby-boomer generation has seen.
With employment levels since the Coronavirus pandemic now falling back to levels of the year 2000 (and the dot.com bust), millennials have another recession to survive, following on from the 2008 global financial crisis that affected them so much too.
In short, all of life’s major milestones, like marriage, having children, and buying property, have arrived measurably later for millennials than for the three previous generations for which we have comparable data.
Millennials’ enthusiasm for crypto also stems from growing up in a technological boom. They’re tech-savvy and less risk-averse than older generations, but crucially it’s about seeking a new way.
The millennial generation could see crypto as an alternative to a volatile economic structure that has repeatedly failed them. It’s seemingly no coincidence, then, that the demographic most likely to be early adopters of new fintech innovations is also the one most in need of an escape route to the economic freedoms crypto can bestow.
A fresh approach
The rapid technological advances of blockchain and the increased use of crypto tokens have enabled completely new business models to emerge and SuperOne has been created as the perfect solution to the millennials’ economic problems.
It’s the world’s first decentralized platform to unify crypto gaming, networking, and direct ownership via blockchain innovation. Capitalizing on the massive global gaming market of which millennials make up a huge percentage, while also transforming networking business for the better, SuperOne stands apart as a fresh new strategic and innovative approach.
You can be there whilst history is rewritten, and the exciting worlds of crypto and mobile gaming combine seamlessly for the first time. The future of crypto gaming is coming — and SuperOne has just arrived.