Philippines Ranks First in Countries Most Interested in the Metaverse
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- The Philippines was revealed as the most interested in the metaverse by a recent study by the crypto-focused site Coin Kickoff.
- The study showed that Filipinos had the highest number of Google searches for the metaverse with 2,421 per 1000 people. Vietnamese people were found to be the most positive about the metaverse, with 56.8% of Twitter posts being in favor of it. Irish residents were the most skeptical, with 14.4% of tweets being negative.
- Coin Kickoff used the DataForSEO tool and HuggingFace AI sentiment tool to analyze the interest and sentiment of metaverse around the world. The study also found that out of 20 countries, the Philippines ranked second in terms of crypto adoption.
Among all the countries in the world, the Philippines was revealed to be the most interested in the metaverse in the recent study made by the crypto-focused site Coin Kickoff. The report also unveiled the top countries and U.S. states that are most (and least) eager about the emerging virtual world.
According to its findings, Although Filipinos are the most interested in the metaverse, with 2,421 Google searches for it per 1000 people, the Vietnamese people are most positive about the metaverse, with 56.8% of Twitter posts about the virtual words in favor of them. On the other hand, Irish residents are most skeptical about it with 14.4% of tweets containing pessimism.
To obtain these results, Coin Kickoff stated that they created a seedlist of the 19 most popular metaverse platforms using manual research and the following sites to analyze interest in metaverse sentiment around the world.
“Next, using the DataForSEO tool, Coin Kickoff obtained the number of search volumes for all 19 metaverses and the term “metaverse” itself in every country and U.S. state. Finally, they calculated the cumulative number of searches in each location per 1,000 people in the population to gauge interest online for the metaverses,” they shared.
Moreover, they shared that the team also collected 1,662,990 tweets containing keywords such as: “metaverse is,” “metaverse are,” “the metaverse,” “metaverses is,” “metaverses are,” “the metaverses” and calculated the percentage of positive and negative tweets in every country using the HuggingFace AI sentiment tool, with a benchmark of countries with at least 500 tweets. The data was collected in September 2022
Aside from the Philippines topping with the most tweets, the countries with the most search volume for the metaverse are Grenada, Peru, Lithuania, Estonia, Barbados, Brunei, Latvia, Georgia, and Uruguay respectively.
In 2022, out of 20 countries, the Philippines ranked second in terms of crypto adoption according to the data by blockchain data platform Chainalysis. Among the top 5 are Vietnam, the Philippines, Ukraine, India, and the United States, respectively. (Read more: PH Ranks 2nd in Chainalysis Crypto Adoption Report)
Prior to that, the country also ranked second in terms of ownership of cryptocurrency according to the GWI 2021 Q4 broad global survey, which revealed that 22.7% of Filipino respondents stated that they own and use crypto. (Read more: Philippines Ranks 2nd in Crypto Ownership – Survey)
This article is first published in BitPinas: The Philippines Ranks First in Countries Most Interested in the Metaverse
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.