Foresight Ventures x Primitive Ventures: A Guide to Entering the Web3 Market in Asia

Author: Maggie@Foresight Ventures, Yetta@Primitive Ventures, Ian@Foresight Ventures, Marco@Primitive Ventures, Ada@Primitive Ventures, Berry@Foresight Ventures

Foresight Ventures and Primitive Ventures jointly released the "Asia Market Entry Guide" report, which provides in-depth analysis of Asia's dynamic encryption market and provides key guidance for exploring the unique opportunities and challenges in the region. The report points out that Asia is the core of the global crypto ecosystem, accounting for 60% of global crypto users and contributing the largest share of liquidity. Key findings include: India, Indonesia, Vietnam and other countries rank high in the 2024 Global Crypto Adoption Index; the socioeconomic diversity of the Asia-Pacific region drives behaviors such as airdrop arbitrage and meme trading; trade and capital flows within the region are highly interconnected, Shows strong endogenous cohesion. The report also provides a detailed interpretation of the encryption market characteristics of countries such as China, South Korea, Singapore, Vietnam and the Philippines, demonstrating Asia's important position in the global encryption industry.