Americans are bullish on Web3! A quantitative analytics report published by DappRadar reveals positive sentiment for both the Web3 and metaverse sectors, especially in the United States. (Reporting via tomfarrencrypto)
A quantitative analytics report published by DappRadar has unveiled a number of revelatory behavioral market indicators for the global adoption of digital assets.
The blockchain data portrays a positive sentiment for the Web3 and metaverse sectors, especially in the United States; a reactionary rise in crypto interest throughout Ukraine and Russia following the outbreak of the conflict and the impact of the well-documented surge i gas prices throughout Europe on inflationary metrics.
Bar chart statistics reported a high correlation between the unfavorable economic dynamics witnessed in times of currency deflation and the interest in engaging with cryptocurrencies, with the data suggesting that the latter could serve as an investment hedge. The tumultuous 217.65% deflation of the Brazilian real against the U.S. dollar over the past decade was reported to be an influencing factor for 45% of the participants, who attest to considering purchasing a digital asset within the upcoming year. Similarly, India witnessed a 40% uptick in crypto interest following a 58.58% deflation in their native currency, the rupee .
In the category titled"Countries with highest social media indicators for Web3 Metaverse," the United States ranked highest with a 2.2 score, followed by Indonesia and India with 1.4 and 0.6, respectively. The United Kingdom came in seventh with 0.3.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A new horizon for the United States-Uzbekistan relationshipAmerica’s partnership with Uzbekistan has become more relevant than ever. This former Soviet state is an ally against Russia, has an emerging market-based economy, and possesses significantly undervalued natural assets.
Read more »
Opinion | This Is How the United States Could Help Bring Peace to Ukraine'How many people,' aske medeabenjamin & NicolasJSDavies, 'must die before the details can be worked out across a negotiating table instead of over the rubble of Ukrainian towns and cities?'
Read more »
How killing wildlife in the United States became a gameThe hunting competitions may have started with the idea that exterminating predators like coyotes would help farmers and ranchers. But a number of studies, including by the USDA have found that killing coyotes actually can cause their populations to grow
Read more »
Top 7 Web3 Marketing Agencies | HackerNoonPresently, the tech industry is seen to have dominated the global market with different developments from Web2 to Web3 in terms of its version and services.
Read more »
Walmart-owned Indian e-commerce giant Flipkart plans web3 expansionWalmart-owned Indian e-commerce giant Flipkart has launched an innovation unit as it plans entry into the web3 industry.
Read more »
Why Web3 Requires Complete Decentralisation | HackerNoonWeb3 won’t be owned by any central actor. Instead users control their own experiences and earn ownership by developing and maintaining the Web3 services.
Read more »