ConsenSys and YouGov launched a complete survey of cryptocurrencies and Web3 on Tuesday, revealing stark variations between superior and rising economies. The survey, performed from late April to Might this yr, collected responses from greater than 15,000 respondents aged 18 to 65.
Members come from 15 totally different international locations in Africa, America, Asia and Europe. Whereas an awesome majority (92%) confirmed data of cryptocurrencies, the similarities finish there.
The outcomes highlighted the overall optimism of respondents from growing international locations in direction of cryptocurrencies, whereas developed international locations confirmed a extra skeptical stance.
Notably, 65% of Nigerians expressed a robust curiosity in proudly owning cryptocurrencies as a retailer of worth. In distinction, traders from america, Germany, and the UK gave totally different motivations for proudly owning digital belongings.
In keeping with a ConsenSys spokesperson, people from the aforementioned developed international locations cited “curiosity” as one in every of their most important causes for investing in cryptocurrencies, with the aim of gaining a greater understanding of the trade by way of experimentation. .
Equally, 56% of Argentines really feel the necessity to personal cryptocurrencies as a result of instability of the native foreign money.
The survey additionally revealed totally different ranges of familiarity with Web3 in numerous areas. Whereas 78% of respondents in developed international locations are conscious of the idea, this determine drops to 64% in rising economies. This distinction could stem from variations in Web entry and technological infrastructure between the 2 teams.
Moreover, the survey explores basic attitudes in direction of decentralized finance (DeFi), a key a part of the Web3 ecosystem. The report exhibits that 40% of contributors from growing international locations view DeFi as a possibility for monetary inclusion and empowerment. In distinction, people in developed international locations had been extra cautious, with solely 24% expressing the identical opinion.
The collaboration between ConsenSys and YouGov highlights the significance of understanding regional variations in cryptocurrency and Web3 adoption. The outcomes spotlight the necessity for tailor-made methods to advertise schooling and adoption in numerous financial contexts.
Because the cryptocurrency panorama continues to evolve, trade leaders and policymakers should acknowledge the refined insights and motivations driving particular person participation in these rising applied sciences. By doing so, they’ll foster an enabling surroundings for inclusive and accountable cryptocurrency adoption, no matter regional variations.
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