Report Reveals Vietnam Has Over 16.6M Crypto Holders; 31% BTC Holders

• Vietnam has 16.6M crypto holders, second solely to Thailand in ASEAN, with a concentrate on GameFi, DeFi, and NFT.
• Video games and metaverse initiatives account for 28.8% of blockchain initiatives in Vietnam.
• Seven of the highest 200 world blockchain firms are based by Vietnamese founders.

The “Vietnam Crypto Market Report 2022,” disclosed that there are roughly 200 energetic blockchain initiatives in Vietnam as of current.

The report additional reveals that Vietnam has over 16.6 million cryptocurrency holders, making it the second largest nation within the ASEAN area after Thailand, with 31% of them holding . The first focus of those energetic blockchain initiatives in Vietnam is on GameFi, DeFi, NFT, Web3, Infrastructure, and Crypto Pockets.

The report reveals that video games and metaverse initiatives account for 28.8% of the entire blockchain initiatives in Vietnam. Moreover, 26.0% of the initiatives are DeFi-related, which embody, Kyber Community, and Rikkei Finance, amongst others.

Furthermore, NFT-related initiatives symbolize 12.4%, with examples equivalent to , Spores, DareNFT, and Titan Hunters. Infrastructure-focused initiatives account for 11.3%, with examples like TomoChain and SotaTek. Lastly, Web3 initiatives make up 5.1%, amongst others.

Out of the highest 200 blockchain firms globally, seven of them are based by Vietnamese entrepreneurs. These firms have a big affect on the worldwide market, with greater than ten firms having a token market capitalization of over 100 million USD.

Amongst these firms, three initiatives had a token market capitalization mixture of over 1 billion USD up to now. Furthermore, as per information.ai, it’s reported that on common Vietnamese spend 3.9 hours a day enjoying video games, which is 10% larger than the US.

Moreover, Vietnam captures 5 positions within the high ten listicle of the most important sport publishers in Southeast Asia, Australia, and New Zealand (ANZSEA). Amanotes, OneSoft, GameJam, VNG, and Arrasol are firms that have been ranked among the many high largest sport publishers

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