• Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer
Saturday, December 20, 2025
CryptoBangs.com
Advertisement
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator
No Result
View All Result
CryptoBangs.com
No Result
View All Result

East Beats West when it Comes to Interest in Metaverse and Web3

February 12, 2023
in NFT News
Reading Time: 3 mins read
A A
East Beats West when it Comes to Interest in Metaverse and Web3
ShareShareShareShareShare

Related articles

RavenQuest: A Player-Driven Web3 MMORPG

RavenQuest: A Player-Driven Web3 MMORPG

December 10, 2024
The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

December 10, 2024

It appears like the East and Africa are more interested in the metaverse and web3 applications, as interest from the region is far more positive than that in the west.

A recent analysis by crypto data platform, CoinKickoff, found that opinions towards the metaverse vary greatly across the world. Using data from 1.6 million tweets, the study identified the countries that love and hate the metaverse.

Vietnam emerged with the most love for the concept, with 56.8% of tweets coming from the Southeast Asian nation positive. Other countries in the region also showed support for the metaverse and Web3, including the Philippines and Indonesia.

It’s not only East Asia that’s showing love towards the metaverse, as Africa and Eastern Europe are generally positive, with Nigeria and Ukraine both leading the way in their respective regions.

With interest in the metaverse and web3 booming in East Asia and Africa, it’s apparent that societies in the west aren’t as positive.

According to CoinKickoff report, Ukraine is among the top three countries that favor the metaverse concept.

Almost 55% of Ukrainian Twitter users are enthusiastic about the metaverse, based on an analysis of 1.6 million posts on Twitter. pic.twitter.com/Key8cP1zy3

— Alex Bornyakov (@abornyakov) February 10, 2023

Ireland tops the list of countries with the least positive sentiment towards the idea of web3, as 14.4% of metaverse-related tweets from the Emerald Isle were negative. Other Western countries with significant opposition to the metaverse include Denmark, New Zealand, the United States, and Canada.

Western Adoption of Web3 Goes Against the Negative Sentiment

Despite negative sentiment from the general public, the use cases for the metaverse continue to expand, however, especially in the West.

Finnish telecom giant Nokia, has entered the metaverse by connecting remote beer breweries and aircraft technicians in Australia and Germany, and utilizing 5G as a way to enhance and improve shared ideas.

A spokesperson for Nokia did say the Industrial metaverse would take off much faster than consumer metaverse, but does expect it to catch up towards the end of the decade.

Additionally, the world-famous Woodstock music festival is using the metaverse to reinvent its future and preserve its legacy. Jennifer Roberts, a partner at Woodstock Ventures, sees the metaverse as a democratizing experience and a place where people can celebrate their beliefs.

If that’s not enough to convince the west, NFT platform Sorare recently signed a deal with the world’s biggest competition, the Premier League. This is in addition to its existing deal with other leading European leagues in Italy, Spain, France and Germany, as well as deals with the MLS, NBA and MLB in America.

Conclusion

With sentiment apparently more positive in Asia and Africa compared with western Europe and America, you might think the metaverse and Web3 are something of a nonentity.

Nothing could be further from the truth, and recent developments demonstrate the growing potential for the metaverse as a tool for connection and innovation, in the West and East.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Ethereum Co-Founder Vitalik Buterin Donates $150,000 To Victims Of Turkey, Syria Earthquake

Next Post

Top 5 Best Bitcoin Betting Sites for Super Bowl LVII

Related Posts

RavenQuest: A Player-Driven Web3 MMORPG

RavenQuest: A Player-Driven Web3 MMORPG

December 10, 2024

RavenQuest is a free-to-play top-down MMORPG. It gives players a chance to shape a living, changing world. Unlike many games,...

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

The Future of Tap-to-Earn Gaming: Overcoming Declining User Retention

December 10, 2024

Tap-to-earn gaming has experienced a significant decline in user engagement and retention, even as blockchain gaming continues to grow. Notable...

Nissan Web3 Passport: A Look Into the Future of Car Ownership

Nissan Web3 Passport: A Look Into the Future of Car Ownership

December 9, 2024

Nissan Motor is driving into the digital future with the beta launch of the Nissan Web3 Passport, a blockchain-powered platform...

NFTs on the Rise: Key Drivers Behind the Market’s Resurgence

NFTs on the Rise: Key Drivers Behind the Market’s Resurgence

December 9, 2024

The NFT market experienced significant fluctuations in the past year. Nine months ago, it peaked at $2 billion before crashing,...

Penguins Expand Their World with $PENGU Token

Penguins Expand Their World with $PENGU Token

December 6, 2024

Pudgy Penguins, one of the top NFT collections by market value, is reaching beyond its devoted fanbase with a new...

Load More
Next Post
Top 5 Best Bitcoin Betting Sites for Super Bowl LVII

Top 5 Best Bitcoin Betting Sites for Super Bowl LVII

No Content Available
CryptoBangs.com

CryptoBangs.com is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news and much more stuff like that.

What’s New Here!

  • Tucker Carlson and Roger Ver Reveal Shocking Details About US Extradition Battle and Bitcoin in Exclusive TCN Interview
  • Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
  • BC.GAME Announces UFC Welterweight Champion Colby Covington as New Brand Ambassador
  • How High Will Dogecoin Rise If the Markets ‘Go Wild’?

Newsletter

Don't miss a beat and stay up to date with our Newsletter!
Loading

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA
  • Disclaimer

© 2023 - CryptoBangs.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Crypto News
    • Bitcoin
    • Ethereum
    • Ripple
    • Altcoin
    • NFT News
  • DeFi
  • Blockchain
  • Regulation
  • Shop
  • Blog
  • Calculator

© 2018 JNews by Jegtheme.

Please enter CoinGecko Free Api Key to get this plugin works.
WP Twitter Auto Publish Powered By : XYZScripts.com