NFT ownership in UAE double the global average

As per a recent survey conducted by Finder.com, the percentage of people who own a non-fungible token (NFT) in the United Arab Emirates is more than double the global average. The survey polled 1,004 people in the UAE and found that 23 percent of those own at least one NFT. UAE came in as number 4th country of those surveyed in terms of NFT ownership. Philippines came in as number one country.

The average rate of NFT ownership around the world was found to be 11.7 percent. The UAE ranked fourth-highest in the list, behind the Philippines (32 percent), Thailand (27 percent), and Malaysia (24 percent).

NFT ownership was found to be higher in lower-income countries, with the UAE a notable exception.

The US was second-last on the list with only 2.8 percent of Americans owning NFTs.