This week we asked the Invstr Community if they participated in the Web3 space. In case you’re not familiar, Web3 is a current buzzword referring to the idea of a new kind of internet service that is built using decentralized blockchains — the shared ledger systems used by cryptocurrencies like Bitcoin and Ethereum. The Web3 space is large and therefore has many sub-spaces coders, artists, traders, and other pioneer’s work.
When looking across the Invstr community the majority (58%) are completely uninvolved with he Web3 space, which makes sense considering how new it is and the steep learning curve.
The next most popular answer with a strong 23% of respondents choosing was Decentralized Finance or DeFi – a new sector in fintech utilizing the blockchain to revolutionize the financial industry.
Last but not least the rest of Invstrs are either into the NFT space (focused on digital art) or another sector of Web3. Thanks for reading this month’s poll and keep up with Invstr crunch for quick and easy to access market news.
The Invstr Team 🙂