A new survey by Consensys reveals that 68% of South Africans who have heard about cryptocurrencies have purchased them. The survey also found that 80% of those aware of crypto plan to invest in the next year.
Blockchain and web3 software company Consensys has released the results of its second annual Web3 and Crypto Perception Survey , revealing that most connected South Africans have bought cryptocurrencies.
Consensys is the company behind Metamask, a widely-used self-custodial digital wallet for Ethereum and Ethereum Virtual Machine -compatible blockchains.Additionally, 54% of respondents expressed familiarity with NFTs, and of those, 47% already own them. Among those who have bought cryptocurrencies, curiosity is the leading reason people gave for investing.
While worries about scams have decreased by five percentage points since last year, 54% of respondents still cite them as a major obstacle.
CRYPTOCURRENCY SOUTH AFRICA WEB3 BLOCKCHAIN SURVEY
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