DeFi, Web3, CBDC still unknown for most: Survey

DeFi, Web3, CBDC still unknown for most: Survey

A new survey finds that crypto adoption and DeFi usage among Americans is deceptively low despite the echo chamber of the industry-leading people to believe otherwise. A new survey by polling agency Morning Consult found that fewer than one third of ordinary Americans have heard of DeFi compared with 77% of crypto owners.Considering that about 87% or 290.9 million Americans did not yet own crypto through 2021 according to Statista, awareness of decentralized finance (DeFi) among non-owners is limited to about 90 million Americans and still has a long way to go.Morning Consult’s survey also....


Related News

Web3 gaming still a long way from mainstream adoption: Survey

In a survey commissioned by Coda Labs, 6,921 people from five countries were asked a series of questions to determine their perception of crypto, NFTs, and Web3 gaming. A new survey commissioned by blockchain entertainment provider Coda Labs suggests that despite the huge amount of money being poured into Web3 gaming, traditional gamers are still yet to warm up to crypto or NFTs and have little interest in Web3 games. According to the survey, gamers pointed to practical barriers as their main reason for shying away from Web3 games, with gamers often not knowing how they might work and....

Zimbabwean Central Bank Launches CBDC Consumer Survey

The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the information obtained via this process will be “treated with the utmost confidentiality and the results will only be used for purposes of research on the design.” Assessing the ‘Acceptability of a CBDC in Zimbabwe’ The Reserve Bank of Zimbabwe (RBZ) has said residents can now share their views and thoughts concerning “the....

Two-thirds open to a Web3 career for its potential and flexibility: Survey

The report “Journey Into Web3” shows that 64% of survey participants are interested in exploring Web3 career opportunities. A new survey from crypto exchange KuCoin shows that Web3 enthusiasts who have not worked in the industry are very eager to explore opportunities in the blockchain space. The participants noted that the industry’s appeal includes flexibility, growth opportunities and the future outlook of the nascent space.In the study, titled “Journey Into Web3: A Global Study on the Future of Work,” researchers dive into the engagement and perception of people about working in Web3.....

Cake DeFi Commits $100 Million To Web3 And Fintech Development Through Its Co...

The necessary innovation to make Web3 and decentralized gaming more accessible will come from the cryptocurrency industry. Numerous projects explore opportunities, and Cake DeFi wants to keep the momentum going. Through its $100 million Cake DeFi Ventures investment arm, the team will fund global startups focussed on Web3, gaming, and fintech. Cake DeFi Ventures Is […]

Survey Unveils 72% of US Accredited Investors Are Planning to Invest in Defi ...

A new survey revealed the latest trend among accredited investors in the United States, targeting the decentralized finance (defi) sphere. The study shows that a vast majority of them are likely to invest in defi this year. 70% of the Respondents Already Invested in Bitcoin According to Xangle, who surveyed 379 accredited investors, 67% of them have some knowledge about defi. Overall, such respondents claimed to have developed a significant interest in the cryptocurrency industry over the past year. But the higher interest goes beyond the respondents, as 72.2% of them stated they were....