Dan Schatt, a long-time trailblazer in the payment industry, is again shaking up the financial industry with his new cryptocurrency platform and marketplace called Earnity. Schatt is the founder and chief executive operator of the platform—and began the startup that shares the platform’s current name.
According to Schatt, Earnity will appeal to a broad range of crypto enthusiasts in 2022. These include people who are trying to invest in their futures with the help of cryptocurrencies and those interested in buying islands in their favorite metaverse worlds. Either way, the platform can serve as their trusted financial marketplace—a place where they can exchange cryptocurrencies, learn, and earn with ease.
The logistical ease of trading cryptocurrency is one of the main reasons the demand for crypto remains high. The two things’ people need to make money with cryptocurrency are smart devices and a connection to the internet. As long as these conditions are met, people can instantly become their banks, making payments as well as money transfers, according to Schatt.
In addition, getting into cryptocurrency is far easier when compared with traditional investments, as it is highly liquid. In other words, people can sell and buy cryptos quickly and easily. Another draw of cryptocurrencies is that they do not come with high thresholds to get into them. On the contrary, large sums of money are usually needed to get into bonds and stocks, according to Schatt.
Dan Schatt brings the Earnity platform a wealth of experience and knowledge in the financial industry. For instance, he previously held an industry analyst role and managed the data service group at Yodlee, a leading provider of account aggregation services. Schatt additionally performed investment banking for investment bank Salomon Smith Barney. The business leader has held multiple Citigroup positions in Asia, Africa, and Europe as well.