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When blockchain technology was first introduced, it was primarily a financial and technical concept. People initially believed that blockchains would be used for things like online payments and financial investments. While crypto certainly has financial and technological applications, there has also been a huge amount of growth in other sectors. Research shows that one of the leading uses for crypto is actually consumer goods. If you're interested in keeping up-to-date with crypto trends, explore this guide to learn about the rise of consumer crypto.
Key Takeaways:
Consumer crypto is an industry that involves incorporating blockchain technology into consumer goods.
Examples of consumer crypto range from NFT-branded collections for sneakers to coffee rewards programs that use blockchain tokens.