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Crypto awareness soars to 92%, but Web3 lags behind: Consensys report



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Consensys just published a report that provided insights into the global perception and usage of cryptocurrencies. The report also underscored the limited awareness of Web3 technology at present. Given the existing awareness surrounding Web3, we might also question the current status of friend technology.

A recent joint report by Consensys and YouGov unveiled some intriguing insights into global crypto awareness and ownership. The survey spanned 15 countries across North and South America, Europe, Africa, and Asia. It found that a significant 92% of respondents were aware of cryptocurrencies. Among this group, approximately half (50%) claimed to have a fundamental understanding of cryptocurrencies.

Notably, countries such as Nigeria (78%), South Korea (63%), South Africa (61%), Brazil (59%), and India (56%) boasted higher levels of cryptocurrency comprehension among their populations. Conversely, Indonesia and Japan exhibited lower levels of understanding, with only one in three individuals indicating familiarity with cryptocurrencies.

crypto awareness across countries

Source: Consensys

The survey revealed that 40% of respondents globally own or have previously purchased cryptocurrencies. The highest cryptocurrency or past ownership percentage was reported in the United States, the Philippines, Vietnam, India, Nigeria, and South Africa.

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However, Japan, Argentina, Mexico, and several European countries (France, Germany, and the UK) lagged, with a higher likelihood of individuals never acquiring cryptocurrencies. The standout in terms of ownership levels was Nigeria, where a remarkable 7 in 10 respondents confirmed owning or having owned cryptocurrencies.

While crypto awareness showed variations between countries, awareness of Web3 was generally lower. The data collected indicated that only 8% of respondents were familiar with Web3. Regarding familiarity with NFTs, the United States, India, South Africa, and, notably, Nigeria had the highest levels of awareness.

Conversely, South American and European countries and Japan had the highest proportion of respondents unfamiliar with NFTs. Globally, Web3 appeared to be the least recognized concept. However, Nigerians and Vietnamese respondents were highly familiar with Web3, with 1 in 4 Nigerians claiming to be very familiar with the concept.

In contrast, European countries and Japan generally showed lower levels of familiarity, with the United Kingdom being the sole exception. Regarding Web3 activities on a global scale, the most common activities included sending and receiving transactions, followed by using a Web3 wallet and staking cryptocurrencies.

The least recognized aspects of Web3, according to the survey, were blockchain games and social media platforms.

Web3 participation

Source: Consensys

Given the relatively lower awareness of Web3 social media, it’s worth examining the performance of friend.tech, one of the latest endeavors in the Web3 social media space.

A recent update from Hilldobby highlights that friend.tech has achieved a new milestone in terms of Total Value Locked (TVL) on its network. Upon examining the friend.tech chart on Dune Analytics shows that the platform has been experiencing consistent growth since its inception.

At the time of this report, the TVL reached approximately $8 million. However, while there is a clear upward trend in TVL, the number of active participants or subjects on the network appears to be lower.

The Consensys report underscored a crucial point: Cryptocurrencies, despite their perceived popularity were still in their nascent stages of development. Furthermore, the report revealed that the Web3 space needs to catch up in popularity and widespread adoption.

This highlighted the evolving nature of these technologies and the potential for significant growth and transformation in the future.

 

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    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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