On December 9, 2022, the annual World Blockchain Summit was held, organized by Treson AI together with Solana. The event was attended by 3400 industry stakeholders: private and institutional investors, founders of developing blockchain companies, experts and representatives of the US, Japanese and British governments.
These people spoke at the conference:
- Daniel Oon, Head of DeFi in Algorand Foundation;
- Matt Sorg, Head of Technology in Solana Foundation;
- Marouen Zelleg, Defi & Wallets Director in Consensys;
- Ewan Baldwin, co-founder of PapayaHub.
The keynote speakers thoroughly analyzed the latest market trends and proposed several promising investment strategies tailored to the current economic crisis. In particular, they focused on exciting new investment opportunities in the fast-growing webcam industry.
According to the speakers, the webcam business has seen explosive growth over the past year, fueled by the rise of remote work and social media influencers. New investment platforms, like PapayaHub, provide individual investors broad exposure to the webcam industry. By pooling investments and directing funds to the webcam models and studios with the highest profit potential, these platforms have achieved stable returns and attracted around 30,000 users over the past six months.
From webcam investments to SpaceX: How to control your income in uncontrollable times
Matt Sorg, Head of Technology in Solana Foundation
Over the past 8 years, investors have turned to cryptocurrencies. However, investing in volatile tokens right now is risky. Instead, you can use stable cryptocurrencies to invest in more stable markets. Indeed, while the prices of ETH, BNB, XRP and other cryptocurrencies fluctuate wildly, users want reliable ways to protect themselves from volatility.”
At the conference, Matt Sorg presented a Solana Foundation’s study, in which scientists asked the question: “Where will private users invest the cryptocurrencies during the crypto crisis?”. 73% of respondents answered that they will use cryptocurrencies not for storage, but for investing in a prospective real business.
For example, now private users are actively investing in 3 industries: NFT real estate (RealBlocks), space industry (SpaceX) and webcam industry (PapayaHub).
While RealBlocks and SpaceX are mainly funded by large investors with over $300,000 in capital, individual users invest more in PapayaHub because they can start with $5,000.
Will the webcam industry offer new opportunities for cryptocurrency investors?
Ewan Baldwin, co-founder of PapayaHub
In the past 2 months, PapayaHub has quadrupled its user base reaching the 30,000 user mark. According to PapayaHub co-founder Ewan Baldwin, there are multiple factors driving the latest influx of users to the platform. However, the primary reasons for this recent wave of user migration stem from PapayaHub's industry-leading payment stability and asset security, which helps users keep their hard-earned money safe.
Users invest primarily in the developing webcam industry, which isn’t affected by the collapse of the cryptocurrency market. It allows them to receive a stable income, providing themselves with a reliable airbag.
In particular, Baldwin cites PapayaHub's use of blockchain technology and advanced cryptography to ensure fast, low-cost payments with minimal risk of fraud or theft. The platform also employs institutional-grade security systems and protocols to protect user accounts and digital assets, helping customers maintain confidence that their funds and savings will be accessible when needed.
A mutually partnership between the cryptocurrency and webcam industries
Conference participants came to the unanimous conclusion that webcam investments are currently one of the most promising and stable areas of earnings for private cryptocurrency investors. Platforms like PapayaHub provide users with broad access to this market and the opportunity to receive a steady income even during a crisis in the crypto market.
The growing interest in webcam investments will contribute to the rapid development of this area of business. Webcam studios will receive additional funding to expand their activities, attract new models and open new niches. This will strengthen the position of the webcam industry in the post-pandemic economy.
In turn, the inflow of investments will positively affect the cryptocurrency market. The funds received from webcam platforms will be partly spent on the purchase of cryptocurrencies to pay models and other contractors. This will support the quotes of major cryptocurrencies and stimulate the development of the blockchain industry as a whole.
Thus, the agreements reached at the summit create favorable conditions for the development of mutually beneficial cooperation between the webcam industry and the cryptocurrency market. By combining their efforts, these areas of the digital economy will be able to achieve even greater success and occupy a leading position in the post-pandemic world.