Our recent study shows Web3 is growing rapidly in Mexico.
Mexico is projected to be the next boom in Web3. With better concepts, products, ideas learned from the last years.
- Total Population: 133 million
- Average age: 27.5 years old
- 3.9% of the population owns cryptocurrencies, projected to grow to 12% in 5 years
- Digital Payment volume in 2023 projected to be $90 billion. By 2027 it is projected to reach $157 billion, double digit grow source
- E-commerce market value $23 billion per year
- Mobile commerce market size $8 billion
- 2.2 million Digital Nomads in Mexico, 70% from USA. Mexico ranked 5th Digital Nomads destination nomadlist.com/mexico-city
- 80.8% of the population uses Internet Daily which 75% access with computer and 16% mobile
- Mexico jumped in the crypto global rank from #47 to # 13 in countries owning crypto and will keep going
- 42% of Mexican companies are looking to adopt blockchain and cryptocurrencies in some form.
- 51% of Internet users have used AI application
- Mexico City is 3 on the most popular cities for Digital Nomads (between Bali #2 and Lisbon #4)
Mexico City is top 3 on Wi-Fi for Digital Nomads - Remittances through Crypto increased by 400% during 2022 source
- Mexico is number 8th on global engineering graduates (between Ukraine and France)
- Mexico Payments and E-commerce aims to grow at double digit pace
Mexico City 22 million people
Guadalajara 6 million people
Monterrey 5 million people
Below some posts from the events from the most active Blockchains rapidly gaining territory and community.
Ranking
1 - Polkadot (Rust/Ink)
2 - StarkNet (Cairo/Rust)
3 - Solana (Rust)
4 - Gear / Vara Network (Rust)
5 - ICP Hub / Internet Computer (Rust)
6 - Fuel Network (Rust)
7 - NEAR Protocl (Rust & JS)
All the chains above are building on Rust
- The only activity NEAR Protocol has is with @OpenWebAcademy and @Bancambios introducing @BlockchainOperatingSystem
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Polkadot Mexico is doing a remarkable job and leading the race!
https://twitter.com/PolkadotMexico_
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Pokdadot Workshops are constantly full, and they are prepearing a Hackathon.
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Gear
Vera Network
Vara Network use Substrate, it is a chain backed by Parity, Web3 Foundation.
https://twitter.com/VaraNetwork
https://twitter.com/VaraNetwork_ES/status/1665028774272851970
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. Gear Academy https://twitter.com/VaraNetwork_ES/status/1676979361730232323
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https://twitter.com/VaraNetwork/status/1676946126887604224
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Guadalajara Hackathon
https://twitter.com/VaraNetwork_ES/status/1666191048849358848
https://twitter.com/VaraNetwork/status/1666421624319668224?s=20
Gear Art event with 6 artists and $2000 in sales in 1 night with the community.
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Hackathon Prize Ceremony
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StarkNet. Building with Cairo a Rust-based programming language, is gaining traction rapidly.
https://twitter.com/StarkNetEs
StarkNet Event at BBVA Tower, inside the BBVA Web3 incubator.
- Workshop in Spanish on how to build on Layer 2.
https://twitter.com/StarkNetEs/status/1668723003579072512?s=20
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Internet Computer Protocol - ICP Hub LatAm operates from Mexico City
https://twitter.com/icphublatam
Certifications for ICP Developer in Spanish.
ICP is already gaining Community in Mexico.
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ICP Hub in National Mexican TV - reaching millions of viewers and students.
Canal 40 has 1M followers on Tiwtter https://twitter.com/adn40/status/1672351530232729600
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Events at Universities on how Blockchain and ICP works.
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. Grizzlython Winners from Mexico
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Solana Mexico
Recently Solana Mexico came in second place on more registrations to the Grizzlython, more than India, Germany, USA, etc. only behind Vietnam. With 2,000+ registrations.
Solana Mexico Sponors
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. Solana Foundation launches Grant Program for Mexico.
https://twitter.com/SuperteamMX/status/1670831306203357184
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. Once a week Solana does Community Calls.
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. 473 Hackers registered to the latest Solana Hackathon
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. Solana is doing meetups all around Mexico. So far 12 different cities.
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Fuel Network Mexico https://twitter.com/fuel_network/status/1603494919657644037
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How to build Smart Contracts on Rust in Fuel Network
NEAR Protocol
https://twitter.com/openwebacademy_/status/1661772056457891841
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Event with 74 Universities in Mexico.
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