For the past few years, crypto-earning credit cards have seemed destined to be the next big thing. Announcements about forthcoming products poured in throughout 2020, cards started hitting the market
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There have been many challenges in the crypto industry ever since its inception, especially since the space has been quite complex to understand for many people worldwide. The shortcomings range from fundamental UI design errors in platforms to underlying crypto-architecture issues to business model challenges. (source – medium)
The crypto industry is now facing a lack of mass adoption and, as a result, a lack of enthusiasm from most of the mainstream firms or banks to participate in the industry. Moreover, investment platforms online are not reliable enough, and there is a lack of good onramps, offramps, and regulated custody of assets.