The Netherlands tops new survey as the most metaverse-ready country

Published at: Dec. 14, 2022

The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint.

A new study by Uswitch, an internet and telephone service researcher, looked at a combination of fixed broadband speeds, broadband package prices, the number of blockchain financial start-ups and the price of high technology exports to determine which countries have the capacity to embrace the metaverse.

At the top of the list is the Netherlands, with the most hospitable conditions to cater to such technology. According to the study, the Netherlands has one of the highest average fixed broadband speeds of 106.51Mbps. The country also produced roughly $6,000 of high-technology exports per capita last year.

The Netherlands also ranked number one in metaverse interest from a consumer standpoint, according to a different survey.

Following the Netherlands are Switzerland, Lithuania, Malta and France. All countries in the top five spaces are known for showing interest in the emerging Web3 space. Malta has been particularly a longtime crypto and blockchain hub.

The United Kingdom and the United States, two major players in the metaverse development space came in 7th and 12th respectively.

Related: The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics

Despite recent turbulence in the Web3 space, development surrounding the metaverse continues to push forward.

Recently, Animoca Brands announced that it is taking a majority stake in a new music metaverse gaming platform. This came shortly after the company announced its plans for a billion-dollar metaverse development fund.

Meta, the Facebook parent company, is also back in the metaverse spotlight after co-founder and CEO Mark Zuckerberg said he’s not letting criticism and significant monetary losses stop plans for building a metaverse platform.

Tags
Adoption
Defi
Web3
Metaverse
Malta
Switzerland
Europe
Data
Netherlands
Lithuania
Related Posts
More than 90% of consumers are curious about the Metaverse: Capgemini
Despite turbulent market conditions over the last year, the metaverse and its potential utility remain steady in the minds of consumers. According to data from a new survey by Capgemini, a business and technology strategy advisor, over three-quarters of consumers expect their interactions with brands and individuals to be impacted by the metaverse. This also goes for organizations, as 7 out of 10 believe that the metaverse and immersive experiences will be a market differentiator in terms of customer experience. The report surveyed 8,000 consumers, along with 1,000 organizations in 12 countries across different sectors to understand metaverse competency, interest …
Adoption / Dec. 8, 2022
69% users bet metaverse entertainment will reshape social lifestyle: Data
Last year the crypto and Web3 saw a dichotomy between extremely turbulent markets, yet high prospects for the future of the space. Both users and investors alike have continued to pile into the industry, especially in areas concerned with the metaverse. A new survey from CoinWire, which surveyed over 10,000 investors in the crypto space in December 2022, found that user sentiment towards the metaverse has digital reality poised to influence all areas of social life. 69% of respondents have placed their bet on the metaverse to reshape social lifestyle with a new approach to entertainment, while 65% believed in …
Adoption / Jan. 23, 2023
From Malta to Prague: What Is the Most Crypto-Friendly Travel Destination?
Backed with continuing adoption, crypto holidays have become a reality. At this point, flights and hotels all around the world can be booked with Bitcoin (BTC). Still, some cities are more ready to accept your BTC — and major altcoins — than others, depending on the local infrastructure and crypto-related policies. According to data from Coinmap, currently there are around 13,150 venues, shops and ATMs supporting Bitcoin on the planet, and that number has been unhesitatingly growing since late 2013. However, as Gili Gershonok, a crypto nomad who deliberately chooses not to have a bank account, told Cointelegraph, ignoring fiat …
Adoption / Sept. 16, 2018
How to get a job in the Metaverse and Web3
Can you work in the Metaverse? The Metaverse is the next big career path on which to land an ideal job with firms like Meta, Roblox, Microsoft, OpenSea, The Sandbox (SAND), and the many others constructing it. So, if you want to know how to land a job in the Metaverse, you need to be aware of what your role may look like. Essentially, your job will involve a combination of blockchain, artificial intelligence, 5G, gaming and other Web3 technologies like augmented reality and virtual reality. In this article, learn the basic steps to landing a career in the Metaverse …
Adoption / May 31, 2022
Former head of TikTok gaming leaves Web2 to build core Web3 protocol
Cointelegraph had the opportunity to chat with Jason Fung, former head of gaming at TikTok, about his new company Meta0, why he decided to make the leap into Web3 and what he feels the future has in store for him. The former gaming head expressed an elevated level of excitement, proclaiming that it was Day One for the fledgling Metaverse technology startup. Fung explained that he plans to bring his wealth of knowledge and experience in gaming and software development to achieve a grander version of what the Metaverse could be. “Many Web2 companies are trying to figure out how …
Adoption / July 8, 2022