Ethereum technology provider ConsenSys releases State of Global Web3 perception report
Ethereum technology provider ConsenSys has published a State of Global Web3 perception report, which examines awareness of crypto and data privacy. The report reveals positive findings, despite the current lack of activity in digital asset markets.
Key Points:
- 92% of respondents globally are aware of cryptocurrencies, but only 8% are familiar with web3.
- Web3 is viewed as the next phase of the internet, offering decentralization, privacy, and digital ownership.
- 50% of respondents believe web3 adds value, and two-thirds think they should own what they create online.
- 83% of respondents prioritize data privacy, and 70% believe they should share in profits made from their data.
- Only 45% of respondents trust how current internet services use their data.
The report highlights the need to educate people on how web3 can provide greater ownership of their identity, privacy guarantees, and a share in company profits. There is also concern over the control social media giants have on online identities.
Hot Take:
The report shows a strong desire for ownership, privacy, and control over personal data in the web3 sector. As awareness of cryptocurrencies grows, it is crucial to bridge the gap between crypto knowledge and web3 understanding. Companies should prioritize educating users on the benefits of web3 to foster its adoption and ensure a more decentralized and privacy-focused future.
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