Consensys, web 3.0 software technology company, presents the “Global Survey on Crypto and Web 3.0”the first of its kind and produced by YouGov, the international online research data and analytics technology group.
The survey was carried out on a representative sample of 15,158 people between the ages of 18 and 65 in 15 countries in Africa, the Americas, Asia and Europe, including Mexico. The results offer a unique and surprising insight into the general public’s understanding and opinions of the web 3.0 and the crypto ecosystem, beyond other surveys that only examine people’s perceptions of investing in crypto assets.
The survey explores topics such as data privacy, the carbon footprint of cryptocurrencies, the recent news cycle, and digital ownership. The results reveal that people around the world are motivated to be builders and developers; and they believe they are making valuable contributions online.
This evolution indicates a change in user behavior towards active participation, empowerment and broader community ownership, characterized by Web 3.0.
The survey confirms the emergence of a decentralized trust paradigm that empowers users and communities. The builder era is aligned with the spirit of web 3.0, in which everyone can contribute. Consensys seeks to be a trusted agent for builders and developers, supporting community empowerment and positive global impact.
joe lubinfounder and CEO of Consensys.
In this sense, the study reveals that the perception of cryptocurrencies in Mexico it is positive, since 94% of the Mexicans surveyed stated that they had heard of the subject. However, it is also noted that many of them have not invested in cryptocurrencies due to a lack of knowledge about what exactly they are and how they can start investing in them.
This has generated growing curiosity in the population, as 51% of those surveyed express their interest in investing in crypto assets in the next 12 months.
From users to builders: a paradigm shift
The survey results paint a fascinating picture in Mexico and other countries characterized by extensive knowledge of crypto and strong interest in acquiring it, coupled with confidence in a future powered by cryptocurrencies. Take note!
- Extraordinary knowledge of crypto: 94% of the Mexicans surveyed indicate that they have heard of the subject, exceeding the world average (92%).
- A desire for more participation: 47% of national respondents believe they add value to the internet, while a whopping 77% think they should own the things they do online. On the other hand, only a third of those surveyed believe that they receive adequate remuneration for the value and creativity they bring to the Internet. Furthermore, 34% believe that financial trading is one of the skills, along with software engineering (24%), that they must have to participate in Web 3.0 or crypto.
- Trust in the world of cryptocurrencies: Mexicans have a more optimistic view of cryptocurrencies, since 49% consider them the future of money, standing 10% above the world average. In addition, it stands out that a significant percentage of the Mexican population (33%) associates cryptocurrencies with digital property, slightly exceeding the international average (31%).
- Areas of opportunity: 54% of respondents in Mexico consider volatility and risk to be significant barriers to entering the crypto market. In addition, 51% believe that there are scams related to cryptocurrencies, while 49% indicate that ignorance about how and where to start investing is a barrier to their participation.
- Data Privacy Concern: Data privacy is important to global respondents (83%) and to Mexicans (85%). While 74% of the Mexican population believes that they should receive a portion of the benefits that a company obtains from the use of their data, this figure is slightly higher than 70% globally. On the other hand, 85% of Mexicans express their desire to have greater control over their identity on the Internet, compared to 79% worldwide.
- Need to improve the financial system: Approximately half of the Mexican population surveyed has a strong desire to improve traditional banking and believes that current technology is sufficient to completely transform or rebuild the financial system.
- regulate the market: Just under half of the people surveyed in Mexico believe that cryptocurrencies should be heavily regulated, and approximately a third prefer regulation that encourages investment in them.
Global Virtual Hackathon
On the other hand, the survey results show that we are currently witnessing increasingly pervasive attitudes towards an Internet that provides more control over the data we share online and more equitably shares the benefits with creators.
In this new world, Web 3.0 and cryptocurrencies enable truly scalable peer-to-peer cooperation. Anyone who participates in crypto and Web 3.0, whether developing software, investing in crypto assets, or creating or buying a non-fungible token (NFT), is not simply a “user”, but they contribute and help build their communities and the ecosystem in general.
Consensys sees this change from “user” to “builder” as central to its purpose, and is focused on supporting people around the world to see the potential of Web 3.0, the role it can play in their lives, and the tools they need to get started.
In line with this change in perspective, Consensys presented the evolution of its brand identity, which encourages people to see themselves and the world in a different way. Consensys reinterprets the term “builder” to include artists, community builders, as well as collectors, and aims to celebrate all those involved in Web 3.0 as builders. For more information on the evolution of Consensys, see here.
Every day, everywhere, people are increasingly embracing the power of Web 3.0 and cryptocurrencies to become builders of the new Internet. For this reason, Consensys announces the launch of a virtual global hackathon in order to unite the builders of Mexico and the world and train them to build solutions for the future. For more information about the hackathon visit the following link.
The full global report on YouGovas well as the executive summary for Mexico, are available here.
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