The Philippines tops the list for Metaverse interest in 2022

The Philippines tops the list in terms of interest in the metaverse and housing the most web3 players.

According to new Coin Kickoff research, the Philippines has the most interest in the metaverse.

The study analyzed Google searches from 193 different nations. The country recorded 2,421 relevant Google searches per 1,000 people.

The business poll highlights that 89% of professionals are open to using cyberspace to improve their productivity and almost half believe it will create a happier work atmosphere.

Additionally, the 2023 Global Digital Report found that video games were played by 95.8% of Filipino internet users between the ages of 16 and 64. According to these figures, the Philippines has the largest population of gamers in the world.

The survey results are a bit unexpected given the large number of players who suffered losses during the 2021–2022 P2E gaming craze. Axie Infinity, a product of Sky Mavis Inc., generated 35% of its traffic from the country. Reports also noted that most of the 2.5 million daily active users were also from the Philippines. But instead of providing a secondary source of income, games became a source of debt for many Filipino users.

In March last year, Axie Infinity was one of several cryptocurrency projects exploited by hackers. In this particular case, a hacker stole $620 million worth of cryptocurrency from the bridge used by the platform to exchange assets on different blockchains. This was a huge loss for the project’s numerous stakeholders on many levels.

Vietnam and Indonesia also top the list

Indonesia had the second highest number of players, with 94.8% of internet users in the category.

Meanwhile, when it comes to the metaverse, the people of Florida in the USA are also interested in exploring the metaverse. The state recorded 670 searches per 1,000 people. This is not surprising, given that more than 75% of Americans, according to a McKinsey survey, are aware of the metaverse. Meanwhile, 55% use at least one platform that uses its technologies.

Vietnam is also one of the most favorable destinations for the metaverse. In 56.8% of their Twitter tweets about the virtual world, Vietnamese express the most favorable views of the metaverse. In contrast, Irish citizens are the most skeptical about the metaverse, with 14.4% of tweets being critical of it.

Denial of responsibility

BeInCrypto has reached out to a company or individual involved in the story to get an official statement on the recent developments, but has yet to hear back.

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