Millennials use cryptocurrencies to pay for vacations and engage in AR/VR

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Millennials use cryptocurrencies to pay for vacations and engage in AR/VR (Augmented Reality/Virtual Reality), according to a recent survey from US digital consultancy firm Publicis Sapient.

In the UAE, the UK, and the US, the survey included 3,000 Gen Z (aged 18 to 25), Millennial (aged 26 to 40), and Gen X (aged 41 to 57) participants. All three age groups cited cost as their “top concern,” however Gen X was found to be the generation least likely to be open to using cryptocurrencies for payments and using AR/VR to experience a destination before they arrive. According to the report, Gen Z members are “somewhat interested” in making payments using virtual assets. This benefits the UAE, which has a thriving tourism sector and a developing blockchain and cryptocurrency sector.

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Millennials use cryptocurrencies to pay for vacations and engage in AR/VR

Millennials use cryptocurrencies to pay for vacations and engage in AR/VR (Augmented Reality/Virtual Reality), according to a recent survey from US digital consultancy firm Publicis Sapient.

In the UAE, the UK, and the US, the survey included 3,000 Gen Z (aged 18 to 25), Millennial (aged 26 to 40), and Gen X (aged 41 to 57) participants. All three age groups cited cost as their “top concern,” however Gen X was found to be the generation least likely to be open to using cryptocurrencies for payments and using AR/VR to experience a destination before they arrive. According to the report, Gen Z members are “somewhat interested” in making payments using virtual assets. This benefits the UAE, which has a thriving tourism sector and a developing blockchain and cryptocurrency sector.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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