The web3 -ecosystem has become considerable grip in recent years, with more people around the world becoming daily crypto users. According to the latter report Crypto.com increased by 14% in 2024 by Crypto owners around the world to reach 659 million by the end of the year. The total market capitalization of digital assets has also doubled from $ 1.7 trillion at the start of 2024 to round $ 3.3 trillion As of writing.
In this article we dive into some of the most important growth trends in Web3, including where most acceptance has been made, regulatory factors that play, as well as the strategic role of retail -oriented fairs such as such as such as such as such as XBO When it comes to onboarding, more stakeholders from emerging markets such as the Latam region and EMEA.
Crypto -consciousness is on emerging economies
According to a recent web3 Global questionnaire Consensys are aware of 93% of the people who have been investigated all over the world. However, what is intriguing, however, is the level of consciousness in emerging countries; Most respondents who claim to understand came from Nigeria (77%), South Africa (65%) and India (60%).
At the same time, crypto property is also considerably higher in these emerging economies; Nigeria again leads the peloton with the number of respondents who own Crypto or previously owned at 73%, South Africa (68%) The Philippines (54%), Vietnam (54%) and India (52%).
The percentage of Africans or Asians who are planning to invest in crypto assets within the following year was also considerably higher compared to other regions.
Web3 has been a long time since Bitcoin’s debut came in 2009; Nowadays Crypto is the only financial market worldwide that acts 24/7. But even more important, we witness the approval of Web3, both at retail and institutional level. In the field of retail trade, emerging economies stimulate statistics, while advanced countries such as the American protagonist in institutional activities. The next decade will certainly be interesting for web3, it will be intriguing to see how the latest regulatory developments send the adoption, as well as the growing Crypto -USE Cases in the Latam region, Africa and Middle and South Asia and Oceania (CSAO).
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