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Likely 125 million Blockchain Wallets projected for 2025: Position Your Altcoins/Tokens to provide for Real-time Grassroots Utility

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@uyobong
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As I grow older in blockchain usage and cryptocurrency holdings, I am getting to see the need to re-brand the systems around me for the cryptocurrency boom in the near future. Each day's use of the internet keeps distraction me the more from centralized systems and I keep brainstorming on ways to remodel the ones within my reach.

Reason for this push is simply because the growth of cryptocurrency adoption tends to follow a linear trend. This informed by the prediction of Blockchain wallets to reach 125 million from today's 50 million mark.

As we know, only Bitcoin has been on the wave of the media's rant and many cryptocurrency hodlers only trust Bitcoins. This could be linked to it's premiership in the Blockchain and cryptocurrency world. Many are buying the news as wild predictions are valuing Bitcoin at $25,000 before the end of 2020. In my opinion, such highs may never be reached. Reason is simple, all those who bought bitcoins at $5,000 and less are already worth 100% of their investment in profit, so would likely sell to evade the likely losses of early 2018 andthis would always result in a sinusoidal price trend.

Truth e told, the very early adopters of cryptocurrencies were miners and most of the tokens were ninja mined especially as adoption and mass interest was low. This few cryptocurency whales would always define how the market moves until a time when at least 25% of the World's population get to own cryptocurrencies and by then, the tokens in circulation would have been reduced. Below is a data from statistica on world awareness and adoption of bitcoin.

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From the above statistics, it is visible that Africa is not represented and here lies a massive populous sect of the world. These becomes that very grey areas which adoption strategies should be focused. The African mentality is different when it comes to technology adoption, they want to touch and feel it before they okay it. As long as cryptocurrencies would remains a "virtual" money, it would be difficult for Africans to adopt.

Getting cryptocurrency to the African sect requires linkages to real-time activities and sectors like agriculture, education, oil and gas, fashion, transportation and the likes. The mould of bitcoin won't allow this but alt-coins and tokens could be created to serve this purpose.

So far, bitcoin and most cryptocurrencies are giving payment solutions for business and many, but these are not enough.

There are a lot of blockchain-related projects that have aims to provide Bitcoin and cryptocurrency education and popularize their use. The mass adoption of Bitcoin is in its early stages and is not being performed widely, yet. The use of Bitcoin is not well-established reputationally and is hard to perform for a regular person to become interested in it. The mass adoption of Bitcoin is growing because of the increasing use of cryptocurrency in businesses. The rising amount of enterprises, individuals and manufacturers that accept Bitcoin as a means of payment positively affects its adoption by ordinary customers and households. - source

Altcoins creations should seek to serve a tangible purpose and be linked to such. Like HIVE and related tokens linked to content creation, this is a tangible product where users can easily attach to their digital asset. There should be the drive towards diversification of these tokens to other tangible products to endear the billions of people yet to be aware and fully adopt cryptocurrency.

  • Who will take this leap?
  • Who will reach to the unreached?
  • Which module of marketing would be adopted?
  • Which product would be readily acceptable by the masses?

We have to brace ourselves with the answers to the above questions as we work out modalitoes for blockchain/cryptocurrency mass adoption.


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