We take for granted how connected our world is and how easy it is to make online payments for the things we love. But the means by which we access goods and, by extension, how we pay for them, must reflect the trends of the day. One of those trends is cryptocurrency, which is becoming more and more common, and can be used to buy anything from property to cars. And, when it comes to digital currency, why not pair it with digital content like video games?
Here’s what you need to know about cryptocurrency and the kind of things you can purchase through your crypto wallet.
Ditching cash and cards
If there’s one thing COVID-19 has changed forever, it’s how we make monetary payments or deal with money in general. Less popular are the traditional ways of making payments with physical cash or credit cards at the till.
With many of us staying at home or working remotely, we’ve taken to making payments and ordering things online. Whether it’s your daily groceries, transportation, or entertainment, apps now let us make payments how and when we want to. And, in the currency we prefer.
Crypto goes mainstream
Ever since Bitcoin arrived on the scene in 2009, many cryptocurrencies have been established, offering a new way for people to invest, deposit, and withdraw savings and interact with finance in a manner completely separated from traditional banking. There’s no need for bank notes or a plastic card when the currency is totally digital and accessible from a person’s computer or mobile phone.
According to the Hootsuite Digital 2022 Global Overview Report, cryptocurrency has gone mainstream, with one in 10 working-age internet users now owning at least one form of crypto. And the rate of people in developing countries using it is rising. In South Africa, 19.4% of surveyed internet users aged 16 to 64 own cryptocurrency, while the number of people globally who invest in crypto has increased by 52% since 2018.
Games, apps, and more
Crypto is more popular than ever before. It’s being used to buy everything from expensive cars to fancy sneakers. Many businesses and e-commerce platforms have now started to offer crypto payment options as part of their online services. And what better stuff to buy with crypto than the apps we use and the games we love to play every day?
The Carry1st Shop offers players the choice to purchase a wide range of in-game items, currency, as well as vouchers for popular apps and shopping platforms. This includes essential items like electricity from Eskom, prepaid data or airtime from carriers such as Vodacom, MTN, Cell C and Telkom, and shopping vouchers for stores such as Pick ‘n Pay and Makro. There are also vouchers for in-game currency and items for all your favourite games like Spongebob: Krusty Cook-Off, Fortnite, and FIFA, as well as vouchers for gaming platforms (think Nintendo and Xbox). You can even use crypto to buy Carry1st gems – in-store currency that you load on to your account and can transfer to friends. And be sure to keep an eye on the store for hot sales on all your favourite items.
With over 90 different secure and seamless payment methods across Africa, including crypto, PayPal, and bank transfer, the Carry1st Shop is a one-stop hub that lets you access fun, interactive content for everyone.
The only thing left to do is load up your crypto wallet and let the digital spending begin.