The report is the most detailed account of the Fastest Growing Blockchain Ecosystem in the World and was launched at the opening of the Future Blockchain Summit 2022Key Highlights:
- Research suggests that more than 7,000 individuals work in organisations in the Crypto, Blockchain, Metaverse and Web3 Ecosystem of the UAE
- native organisations account for 65 percent (950 organisations) of the total number and non-native organisations are 35 percent (500 organisations)
- The Report is broken down into 6 parts which identify the main elements of the Ecosystem: Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates and, Education & Research
- The Report was created in partnership with Roland Berger, one of the leading strategy consulting companies with a dedicated crypto economy and web3 team
DUBAI, Oct 10, 2022 - (ACN Newswire) - Crypto Oasis, the fastest growing Web3 ecosystem in the world, announced that it had identified more than 1,450 active Web3 organisations in the UAE at the end Q3 2022. The research also identified more than 7,000 individuals working in the industry.
The organisations that are active in the Blockchain space are broken down into native and non-native according to their dependency on this emerging technology. native organisations which only exist because of this technology account for 65 percent of the total number identified and non-native organisations are at 35 percent. Dubai Multi Commodities Centre(DMCC) has registered more than 460 native organisations which is more than 50% of all native Blockchain organisations in Dubai.
Out of the 7,000+ individuals working in the Web3 industry, approximately 77 percent work in Blockchain native organisations and 23 percent work in non-native organisations.
The Crypto Oasis Ecosystem Report is a periodic report which is now on its inaugural edition and was created in partnership with Roland Berger, one of the first top-tier strategy consulting firms to have entered the world of Blockchain and is steering their global Crypto Economy advisory out of the UAE. The Report focuses on market development and emerging technologies such as Crypto, Blockchain, Metaverse and Web3. It establishes the first quantitative and qualitative ecosystem study of the Crypto Oasis Ecosystem and identifies its various stakeholders. It includes, a deepdive into the opportunity that Web3 represents for the region, has exclusive content such as the insights on one the largest greenfield mining sites in the world being carried out by Phoenix in Abu Dhabi, as well as survey results by Roland Berger, that assesses the state of the global Crypto Economy for which they collected insights from over 150 C-level executives and innovators across 10 industries. "We strongly believe in the transition towards a crypto economy and see this reflected in the top C-Level executive agendas. The UAE is accelerating its global position as a Crypto and Web3 hub, also thanks to prime ecosystem developers like Crypto Oasis," says Pierre Samaties, Partner and global co-head of the firm's Crypto economy team.
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