The CEO of crypto startup Earnity, Dan Schatt, is helping more people in 2022 to access crypto trading opportunities through his new digital asset marketplace, also called Earnity.
The new marketplace is unique in the sense that it bridges cryptocurrency investing opportunities, up-to-date crypto news, and social media–type interactions in one place for a truly comprehensive resource. Users can follow friends and share, gift, and even publish their collections with this crypto marketplace. They can also engage with the platform’s active community featuring crypto investors, researchers, and enthusiasts. In other words, the platform takes the confusion out of investing in crypto so that more people can benefit from it.
A chief reason investors should consider purchasing cryptocurrencies in 2022 is that these digital assets can be excellent hedges against inflation, according to Schatt. When the COVID pandemic shook up economies, governments began to implement relief measures to boost spending, which also caused inflation to skyrocket. Money, therefore, started to lose its value, and investors began to seek to diversify their investments. Bitcoin quickly became a top option due to its nearly 700% annual returns.
According to Schatt, although the cryptocurrency is a volatile asset, it can hold value over the long haul. This long-term increase means buyers can hold cryptocurrencies and then sell them for higher prices down the road. What many investors are currently doing during the pandemic: They have bought digital assets to protect their net worth and plan to unload them when their prices climb in the future.
Besides leading Earnity, Dan Schatt is a frequent presenter in the financial industry. Specifically, he is a widely recognized expert in financial service innovation, payments, mobile commerce, and a financial tech advisor. The business leader served as PayPal’s financial innovation general manager between 2007 and 2013. While serving in this capacity, he led his team in executing payments and banking industry initiatives for the company.
