XONIO Token: crypto for everyone
Why is XONIO’s strategy in giving emerging market consumers access to the token economy the perfect fit to address the huge gap in blockchain adoption in the region?
If you’re reading this, you might be familiar with blockchain technology. For those of you who aren’t as acquainted with it, check out my previous article on what is blockchain.
Blockchain now
Despite the many advantages of blockchain, to date, only 0.3% of the world population have a blockchain wallet. The challenge now is to encourage the rest of the 99.7% of the population to follow?
XONIO Strategy
XONIO Token aims to empower prepaid mobile users to gain access to the token economy, and reap the benefits that the blockchain technology can offer through prepaid mobile airtime. Prepaid Airtime, also called “top-up credits”, or “load”, is extremely prevalent in emerging markets like the Philippines, Indonesia, Vietnam and Myanmar, where prepaid mobile connections are higher than the population itself. This is why, in these markets, prepaid is the second most prevalent store-of-value next to cash.
This is why XONIO is focused in connecting these prepaid mobile connections into the blockchain. The opportunity is huge especially for emerging market consumers. Even more, onboarding the prepaid market is something that the XONIO team is extremely familiar. That’s why XONIO’s strategy will lead to solving one of the many barriers to blockchain adoption: a hugely unbanked population.
Watch out video below to learn more about XONIO’s strategy.
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