Web3 Business Activity

Preparing business for a Web3 world

A new generation of the internet based on blockchains, decentralised networks, and digital assets promises to put the user in control of their data and their interactions, breaking the monopolies of the current big players.

Web3 has the potential to make online spaces more trustworthy, empowering users to be part of the new opportunities. The Web3 market has been forecast to grow at a CAGR of more than 46% to 2030, reaching around $50 billion, according to a report by Cognitive Market Research.

To prepare for this coming Web3 world, Ireland must ensure that policy, education and skills, and the public and private sectors, are ready to take full advantage, adapting successfully to the new landscape.

Technology Ireland ICT Skillnet is conducting research to establish what will be needed to develop a talent-led approach to Web3, with support from Blockchain Ireland.

This survey is aimed at businesses and entrepreneurs working in or getting into Web3, to gauge the current situation and ascertain what needs to be done for tomorrow.

Question Title

* 1. What is your current sector of operation?

Agriculture

Chemical/Pharmaceutical

Education

Finance/Insurance

Healthcare/Pharma

ICT/Telco

Logistics/Transport

Manufacturing

Media/Advertising/Entertainment

Professional practices/Specialists

Public Sector

Retail

Sport

Tourism/Hospitality/Food

Utility/Energy

Other (please specify)

Question Title

* 2. What is your organisation size?

Solo

2-50

51-100

101-500

501+

Question Title

* 3. What is the maturity of your organisation?

Start-up, early stage

Start-up, funded

1-3 years trading

3-5 years trading

5+ years trading

Question Title

* 4. Are you currently building web3 services or applications?

Yes

No, but intend to in the near future

Question Title

* 5. What use cases for Web3 have you observed, or are engaging in? Select all that apply

Community building

Customer loyalty

Gaming

Decentralised finance

Regenerative finance

Decentralised apps/services (Streaming, etc)

Metaverse

NFT creation/marketing/exchange

Decentralised Autonomous Organisations (DAOs)

Social platforms

Creator economy

Privacy and Digital infrastructure

Smart contracts

Immersive environments (AR/MR/VR)

Tokenisation

Other (please specify)

None of the above

Question Title

* 6. What do you see as the primary utility/advantage of web3? Select 3

Audience/user engagement

Identity sovereignty

Decentralisation

Democratisation

User reward/remuneration/staking

Digital asset storage/portability

Programmable trust

Smart contracts

New Business Models

Creator enablement

Other (please specify)

Question Title

* 7. Do you plan to seek external funding or partnerships for your web3 initiatives?

Yes, from public sources

Yes, from private sources

Question Title

* 8. Have you experienced skills challenges either personally, or with hiring for web3?

Yes, I’ve struggled to develop knowledge and skills

Yes, I’ve struggled to hire for the right knowledge and skills

No, I’ve been able to develop the needed knowledge and skills

No, I’ve been able to find people with the right knowledge and skills

Question Title

* 9. What areas, sectors, or applications do you perceive for web3 in the future that do not currently exist?

Healthcare

Energy

Education

Legal

Regulation

Public services

Electoral systems

Other (please specify)

None of the above

Question Title

* 10. What web3 business platforms have you used/observed in use? Select all that apply

Hive

Giddy

HollaEx

Fortmatic

Moralis

Filebase

Infura

Polkadot

Nodesmith

UUKI

PARSIQ Network

Thirdweb

Alchemy

Ceramic Network

Graph

Questbook

deBridge

LayerZero Network

Other (please specify)

None of the above

Question Title

* 11. What are the top three sources you use to stay informed about Web3 developments?

Web sites (please list top 3)

Newsletters (please list top 3)

Communities (please list top 3)

Please specify

Web3 Business Activity

Preparing business for a Web3 world

Question Title

* 1. What is your current sector of operation?

Question Title

* 2. What is your organisation size?

Question Title

* 3. What is the maturity of your organisation?

Question Title

* 4. Are you currently building web3 services or applications?

Question Title

* 5. What use cases for Web3 have you observed, or are engaging in? Select all that apply

Question Title

* 6. What do you see as the primary utility/advantage of web3? Select 3

Question Title

* 7. Do you plan to seek external funding or partnerships for your web3 initiatives?

Question Title

* 8. Have you experienced skills challenges either personally, or with hiring for web3?

Question Title

* 9. What areas, sectors, or applications do you perceive for web3 in the future that do not currently exist?

Question Title

* 10. What web3 business platforms have you used/observed in use? Select all that apply

Question Title

* 11. What are the top three sources you use to stay informed about Web3 developments?

Question Title

* 12. Do you have any suggestions for how industry bodies or associations can support businesses in their web3 journey?