One of the biggest financial lessons we’ve learned in 2021 is that cryptocurrency is here to stay. It’s revolutionizing the way we understand the economy, and some of the most prominent entrepreneurs in the world are investing in it. The concept makes sense: create a decentralized form of currency that empowers individuals and allows for more control over their info and data. This process removes the power from centralized systems and redirects it back to the people. It provides autonomy for users and heightened security for transactions. While there are numerous benefits to cryptocurrency and the blockchain, there are plenty of issues in the industry. The Nexus Ecosystem, a rising power player in the world of crypto and blockchain, is on a mission to create solutions to these top industry issues.
One of the first issues in the cryptocurrency and blockchain world is the high barrier to entry. The industry is nuanced and somewhat new, so it’s expected that many don’t fully understand or trust it. One of the main barriers to entry is fear, as is true for almost any new financial technology. The Nexus Ecosystem solves this issue by providing trustworthy, reliable help for those who work with them. They emphasize the importance of teamwork and community and guide members every step of the way.
“We want people to get past the fear and know that someone is there with you every step of the way,” they share. “It’s like a kid fearing a rollercoaster but being okay when a parent would go with them.”
The second barrier to entry is the lack of education about the crypto and blockchain industry. As a result, enthusiastic newbies may jump into the DeFi world, not fully versed in the nuanced information needed to succeed. Nexus Ecosystem prevents this by helping new people with the difficult technological learning curve. They provide “relentless education” through videos, direct calls, onboarding software, and live support staff on Zoom. This not only prepares others to thrive in the financial world but creates a bridge of safety and comfort when getting people on the blockchain.
Even when well-educated people have the help they need to get started, there are still scammers throughout the blockchain. Opportunistic criminals with plans to get rich quickly use bot manipulation in the launch stages of DeFi projects. One of the Nexus Ecosystem DAOs that combats this is SafuFide. This platform ensures that crucial digital assets, like DeFi token projects, are fully protected. This is done through their Safe-Sig software, which provides a simple program for setting up multisig wallets to protect assets, contest tokens, hold tokens for future development, and more. This “governance in a box” helps those in the industry avoid scammers and ensure their assets are protected.
Lastly, Nexus Ecosystem solves the issue of people new to the industry going it alone. For many people, no matter how much education they have about a new concept, they’ll still benefit from a robust and supportive team behind them. Nexus Ecosystem emphasizes the importance of building a supportive community that creates opportunities for others. The power of multiple crypto enthusiasts coming together with a common goal is something that has driven Nexus Ecosystem to the success they’ve experienced so far. Between their solution-focused approach to the blockchain and cryptocurrency and prioritization of teamwork, Nexus Ecosystem is becoming a shining light in the industry.