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Cryptocurrency In The Super Bowl? How Big Of An Impact Cryptocurrency Is On The Big Stage.

2022 年 4 月 26 日

Cryptocurrency has made a splash at the Super Bowl one of the most-watched and highest-profile advertising events of the year.

The biggest Super Bowl crypto players were promoting the idea of cryptocurrency in general, telling viewers that now is the time to buy into the blockchain, offering free deposits of Bitcoin for signing up, and pushing the narrative that not getting on board with crypto would mean missing out on the next big thing (Technically speaking, it is the next big thing).

During the Super Bowl LVI, six cryptocurrency ads ran through the TV of millions of Americans. It is the most crypto ads that tv viewers ever witnessed. Some of them with plenty of ingenuity.

Top Cryptocurrency Exchanges had crypto investment or NFT messages passed on to millions of people both at home and as well as the Super Bowl Arena.

Crypto Exchange companies worked with LeBron James, Kevin Durant, and Matt Damon as advertisement figures. During last night’s commercials, comedian Larry David appeared during an NFL break campaigning for one of the Top Cryptocurrency Exchanges. The Spot is titled “Don’t Miss Out.” The actor of Curb Your Enthusiasm plays a version of himself traveling through time as a skeptic of human inventions like the wheel, coffee, the toilet, the lightbulb, and an app to obtain safe crypto.

What does this define?

The commercials about Cryptocurrency during one of the biggest sporting event in the world shows how significant it is to key into the next “Big Thing” if it isn’t already, as the talks of cryptocurrency are fairly the subject of the day around the world.

It is no doubt that Cryptocurrency is strongly likely to take over and already widely considered as the “Future”.

What are the benefits of cryptocurrency?

The global economy is inevitably moving towards a digital eco-system. From investment to money transfer, everything is going paperless. The newest and most promising addition to the digital payment sector is cryptocurrency.

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information. Cryptocurrency is defined by Investopedia.com as a decentralized “digital or virtual currency that uses cryptography for security” making it difficult to counterfeit. Since it is not issued by a central authority, governments can’t take it away from you.

Over the last couple of years, digital currency has been rapidly gaining the public eye. Here are some good reasons behind it:

Fraud-proof:

When cryptocurrency is created, all confirmed transactions are stored in a public ledger. All identities of coin owners are encrypted to ensure the legitimacy of record keeping. Because the currency is decentralized, you own it. Neither government nor bank has any control over it.

Identity Theft:

The ledger ensures that all transactions between “digital wallets” can calculate an accurate balance. All transactions are checked to make sure that the coins used are owned by the current spender. This public ledger is also referred to as a “transaction blockchain”. Blockachain technology ensures secure digital transactions through encryption and “smart contracts” that make the entity virtually unhackable and void of fraud. With security like this, blockchain technology is poised to impact nearly every segment of our lives.

Instant Settlement:

Blockchain is the reason why cryptocurrency has any value. Ease of use is the reason why cryptocurrency is in high demand. All you need is a smart device, an internet connection and instantly you become your own bank making payments and money transfers.

Accessible:

There are over two billion people with access to the Internet who don’t have rights to use to traditional exchange systems. These individuals are clued-in for the cryptocurrency market.

You are the owner:

There is no other electronic cash system in which your account is owned by you.

The First Decentralized Cryptocurrency, Bitcoin.

Bitcoin was the first decentralized cryptocurrency introduced in 2009. Bitcoin uses the blockchain technology and has outperformed gold generating a 155% annualized gain over gold’s 6% annualized loss over the last 5 years. Its price in July 2010 at 0.06/coin USD is now worth over 4000.00/coin USD today, making it one of the biggest investment phenomenon in modern history. Since 2009 blockchain technology has gained momentum. Not only because of the tremendous spike in Bitcoin’s worth, but also through an increased awareness of its importance and greater trust among the investors.

Sporting Superstars like:

Floyd MayWeather.

The Legendary NFL Superstar, Tom Brady.

NBA Superstar, LeBron James.

Stephen Curry.

Tennis Icon, Serena Williams.

and lots of other popular figures in the sporting world has also ventured into investing in cryptocurrencies such as Bitcoin.

Where Can You Buy Cryptocurrencies And Other Digital Assets To Start-up Your Journey

Bitcoin and other digital assets can be bought and traded in the world’s leading cryptocurrency exchange platform, BitYard.com

About BitYard

BitYard, founded in late 2019 and headquartered in Singapore, is the world’s leading cryptocurrency derivative exchange. As one of the fastest-growing exchanges, BitYard has continuously improved its platform to bring BitYard users many advanced trading services. With the current company slogan “Grow Your Future in the Yard”, BitYard is fully committed to helping global traders to invest in their own future through its one-stop financial trading services.