Foresight Ventures and Primitive Ventures have released a joint report titled "Guide to Entering the Asian Market," offering an in-depth analysis of Asia's dynamic crypto ecosystem and key insights for navigating its opportunities and challenges.
- Asia is the global core of the crypto ecosystem, hosting 60% of worldwide crypto users and contributing the largest share of liquidity.
- Countries like India, Indonesia, and Vietnam lead in the 2024 Global Crypto Adoption Index, reflecting high regional engagement.
- The Asia-Pacific region's socioeconomic diversity fuels trends like airdrop arbitrage and meme trading.
- Strong intra-regional trade and capital flows highlight the market's interconnectedness and endogenous cohesion.
- The report details crypto market characteristics in China, South Korea, Singapore, Vietnam, and the Philippines, underscoring Asia's pivotal role in the global crypto industry.
This guide serves as a strategic resource for understanding and leveraging Asia's unique Web3 market dynamics.
Author: Maggie@Foresight Ventures, Yetta@Primitive Ventures, Ian@Foresight Ventures, Marco@Primitive Ventures, Ada@Primitive Ventures, Berry@Foresight Ventures
Foresight Ventures and Primitive Ventures jointly released the "Guide to Entering the Asian Market" report, which deeply analyzes Asia's vibrant crypto market and provides key guidance for exploring the region's unique opportunities and challenges. The report points out that Asia is the core of the global crypto ecosystem. , accounting for 60% of global crypto users and contributing the largest share of liquidity. Key findings include: India, Indonesia, Vietnam and other countries ranked at the top of the 2024 Global Crypto Adoption Index; The socioeconomic diversity of the Asia-Pacific region drives airdrop arbitrage and meme trading; the trade and capital flows within the region are highly interconnected, showing strong endogenous cohesion. The report also explains in detail the characteristics of the crypto markets in China, South Korea, Singapore, Vietnam and the Philippines, showing the role of Asia in An important position in the global encryption industry.
Author: Foresight Ventures
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