Vietnam ranks 5th globally in NFT users
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Vietnam ranks fifth globally in the number of non-fungible token users at over two million as of last year, a study has found.
The country had 2.19 million users last year, behind Thailand, Brazil, the U.S. and China, according to the Digital Economy Compass 2022 study by Germany-based data portal Statista.
In terms NFT penetration rate, it also ranked fifth at 2.24 percent, behind Thailand, Canada, Australia and Brazil.
The penetration rate is the share of active paying customers (or accounts) from the total population last year.
Another recent survey by Australian data research company Finder revealed Vietnam ranks fifth globally in the ratio of non-fungible token game players.
Twenty-three percent of respondents in Vietnam said they play NFT games, according to the survey conducted between March and May.
It was ranked behind India, Hong Kong, the United Arab Emirates and the Philippines.
Vietnam has made headlines in the non-fungible token world in recent years with Axie Infinity, one of the most popular NFT games globally.
Questions & Answers
Q.Which countries had more NFT users than Vietnam last year?
Which countries had more NFT users than Vietnam last year?
According to the Digital Economy Compass 2022 study, Thailand, Brazil, the U.S., and China all had a higher number of non-fungible token users than Vietnam last year. Vietnam ranked fifth globally in total users.
Q.What is Vietnam's global ranking for the percentage of its population using NFTs?
What is Vietnam's global ranking for the percentage of its population using NFTs?
Vietnam ranks fifth globally for its NFT penetration rate, which measures the share of active paying customers from the total population. This rate was 2.24 percent as of last year, behind Thailand, Canada, Australia, and Brazil.
Q.Which countries have a higher percentage of their population playing NFT games compared to Vietnam?
Which countries have a higher percentage of their population playing NFT games compared to Vietnam?
A survey by Finder indicated that India, Hong Kong, the United Arab Emirates, and the Philippines all had a higher ratio of non-fungible token game players. Twenty-three percent of respondents in Vietnam stated they play NFT games.
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