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Crypto Could See Growth Despite Current Situation Across the Globe, Polyient Labs CEO Claimed

By Tracy Hannes | May 8, 2020
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Crypto reportedly could experience a growth surge despite the ongoing situation across the globe, causing economic hardships, as claimed by the CEO of a blockchain lab. 

Specifically, Brad Robertson – head of Polyient Labs – reportedly shared that at the moment, cryptocurrencies “suddenly look appealing”, and considering their performance throughout the past 2 weeks, crypto seems to be on its way back to the rising trend. 

Bitcoin and mainstream markets have reportedly suffered from a decline in value, starting March 12th. Both industries have managed to get back on track since then, with Bitcoin having a quicker bounce-back effort compared to traditional markets. 

Robertson reportedly also brought up Libra’s fresh support that helped with the positive performance results from major coins, nominally Bitcoin (BTC), and Litecoin (LTC). 

“These are all great, short-term signs, but we’re in the middle of an economic guessing-game right now and even the Fed Chairman is warning us things are going to get worse before they get better. So, medium-term, I anticipate a lot of volatility for digital currencies in the months to come.”

Robertson reportedly also discussed the recently generated traction from crypto, with notable achievements across various sectors, such as retail, gaming, and banking.

“By adding blockchain to gaming, you now have an environment where gamers can create and earn customized digital tokens and NFTs in one game and then move those digital collectibles across multiple gaming platforms, trading them or selling them as they go.”

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