Bringing Crypto and Holiday Spirit Gifts to Everyone with XGo’s Web2.5

Bringing Crypto and Holiday Spirit Gifts to Everyone with XGo’s Web2.5

XGo: partnership hardware

As the crypto market rises and falls in an almost mesmerizing lull, there is one thing everyone is looking forward to: the holiday season. As the end of the year approaches, Christmas and the New Year are knocking on the door. Still, the uncertainty of the global economic landscape could mar the holiday season for some this year.

With soaring inflation (8.8% worldwide in 2022, according to the International Monetary Fund) and a general rise in prices, the festive season can become overwhelming. However, ambitious projects like XGo are trying to bring more stability to the space by incorporating next-gen concepts and bringing web2 and web3 closer together.

Web3 is for everyone, but not yet

One of the important changes that web3 aims to bring about is to allow a decentralized financial structure to flourish and become accessible to everyone in the world. Currently, traditional banking services are largely unavailable in some parts of the world, leaving more than a billion people worldwide without a bank, according to the latest research from the Global Findex database. With the global adoption of web3, currently unbanked people will have easier and more secure access to financial instruments.

In addition, web3 will allow players in the traditional banking world to access a fairer and more secure financial system. With web3, users will be able to pay their bills in crypto and buy goods and services with their digital assets without having to go through an intermediary.

Although Web3 may seem like the perfect solution, the global financial market has yet to catch up to achieve global adoption of this technology. This is where projects like XGo come in and make a difference.

XGo presents the web2.5

XGo positions itself as the bridge between web2 and web3 by introducing a revolutionary concept of web2.5. Currently, web2 rules the world and web3 is only available to investors who have taken the time to educate themselves and learn how to use it. Moreover, web3 is not yet global at all.

The web2.5 concept of XGo will allow users to access a decentralized economy without the need to invest time in understanding how it all works. The company has designed a blockchain-based access wallet that will serve as both a savings account and a way to transact across multiple blockchains.

Notably, the web2.5 onboarding process has been simplified, allowing users unfamiliar with the crypto space to take advantage of it as well. Ultimately, XGo seeks to bring decentralized finance to the unbanked and the banked population. Additionally, XGo’s Superfluid Staking mechanism allows traders to benefit from passive income mechanisms at the push of a button.

According to the XGo team, the company’s core mission is “to accelerate the shift to a decentralized economy and make the world a better place through sovereign empowerment.”

Additionally, XGo wants to spread the word about web2.5 and sprinkle a festive spirit around it. Read on to find out everything you need to know about the upcoming Cointelegraph and XGo giveaway.

Everything you need to know about the Cointelegraph and XGo festive giveaway

To make everyone a little happier in the coming weeks, Cointelegraph and XGo have teamed up to bring festive gifts and rewards to the crypto space. The joint gift will last from November 21 until the week before Christmas, ending on December 19.

To be eligible to participate in the weekly raffle, you will need to be active on the XGo platform. Engage with the XGo community on Twitter and follow their account @XGo_Official. Make a $10 deposit to the platform in any crypto you like and activate Superfluid Staking for at least 48 hours. Share your trading setup on the official threadand you will be entered into the draw.

Each week, one lucky winner will receive $1,000 in USDC directly into their xGo account. With a total pool of $6,000 for the event, is there a better way to start the holiday festivities and venture into web2.5?

Hardware is provided in partnership with XGo

Disclaimer. Cointelegraph does not endorse any content or product on this page. Although we aim to provide you with all important information we may obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot no longer be considered as investment advice.

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