More than half of the Fortune 100 have pursued crypto, blockchain, or web3 initiatives since the start of 2020.
Since 2017, Fortune 100 companies have made 109 private venture capital investments in 80 crypto blockchain startups, contributing to rounds worth over $8 billion.19
About two-thirds of surveyed Fortune 500 executives who are familiar with cryptocurrency or blockchain say that investing in these technologies is important for staying ahead of their competition.19
The US is at risk of losing out on 1 million developer jobs and 3 million related non-technical jobs over the next 7 years as web3 development increasingly moves overseas.20
The US's share of global web3 development has already dropped from 40% to 29% in the last 5 years fueled by uncertainty and a regulation-by-enforcement approach in the US.20
On average the US is losing almost 2% of the web3 developer share every year. That means high-quality, good-paying jobs are leaving the US to innovate in locations with better conditions like clear regulation or a commitment to technological leadership.20