Skip to main content

Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy

About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found.

Twelfth-Highest NFT Adoption Rate

According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet users surveyed own a non-fungible token (NFT). These findings are enough to see South Africa ranked as the country with the 12th highest NFT adoption in the world.

In terms of internet users that plan to acquire NFTs in the future, the survey found that 9.4% of polled South Africans are planning to do so. When this is combined with the number of internet users that already own NFTs, South Africa’s NFT adoption could soon rise to 17.8%. This figure is higher than that of Vietnam (17%) which is currently ranked fifth globally.

According to the findings, The Philippines (32%) currently has the most NFT owners globally, followed by Thailand with 27%, Malaysia with 24%, and the United Arab Emirates (UAE) which has 23%. Nigeria, which is ranked sixth globally, is the highest-ranked African country with 13.7% of polled users confirming they own an NFT.

South African Men Hold More NFTs

Meanwhile, the findings show that South African men are more likely to own NFTs than women, with 10.5% of men compared to 6.3% of women saying they have at least one NFT. According to Finder, this gender gap of 4.2 percentage points is higher than the global average of 2.7%.

As expected, younger South Africans dominate with the youngest age group accounting for more than ten percent of the country’s NFT owners.

“People aged 18 to 24 are the most likely to have NFTs in South Africa (11%). At the other end of the spectrum are people ages 55 to 64 (5.2%),” the survey explained.

Globally, only Thailand and Venezuela have more women buying NFTs than men while at the other of the spectrum UAE has the least number of women that own NFTs.

While many expect NFT adoption to increase globally, the survey found Japan to be the country whose internet users have the least knowledge of NFTs. About 90% of Japanese users said they don’t know what NFTs are. Germany has the next highest percentage with 83%, followed by the United Kingdom with 79% of people unsure.

What are your thoughts about these findings? Tell us what you think in the comments section below.



from Bitcoin News https://ift.tt/3o0DNE6
Labels:

Comments

Post a Comment

Popular posts from this blog

Deep Web Roundup: Dream Adds Monero and Bitcoin Tumbler “Chip Mixer” Launches

The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to restore a little of the privacy that’s being stripped away from bitcoin users on a daily basis. Also read: U.S. Agency ICE Conducts Investigations That Exploit Blockchain Activity The Battle for Privacy Heats Up Privacy is all relative, but of late there’s been relatively little privacy to be enjoyed by bitcoin users. Blockchain monitoring software is becoming more sophisticated and more common, with U.S. law enforcement agencies using it to profile and hunt down deep web users. Chip Mixer is a relatively new bitcoin tumbler that’s designed to restore some of that privacy. Available on both the clearnet and darknet, the service uses a variety of techniques to obfuscate blockchain m...
10 comments
Read more

Ombudsman Receives Complaints About Crypto Investments in Spain

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently. Spanish Ombudsman Gives His Take on Crypto Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects. Gabilondo said in his yearly report that cryptocurrencies have become “a new problem” during the year examined, with many people having lost all of their funds invested. The report states : Cryptocurrency exchange companies or platforms are not regulated in the legal system, are not subject to any public supervision system, nor do they benefit from deposit guarantee systems. The affected users that sought...
Post a Comment
Read more

2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K

As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset will reach between $60k to six-digits this year. Mike Novogratz Predicts $100K Bitcoin: ‘Other CFOs and CEOs Are Saying, What Should We Be Doing?’ Satoshi Nakamoto’s invention has gained mass appeal in recent times as the leading digital asset bitcoin ( BTC ) has reached its highest value ever in 2021. On Thursday morning (EST), BTC spiked to an all-time high (ATH) at $48,697 per unit. Earlier in the morning at around 2 a.m., bitcoin was exchanging hands for $44,485 and saw an 8.98% increase since then. At the time of publication, at 6:30 p.m. (EST) on February 11, 2021, bitcoin (BTC) is swapping for $47,821 per coin. With BTC so close to the $50k mark, people have been forecasting ...
Post a Comment
Read more