Why Crypto and Web3 Could Decide Votes in Next Month's Midterm Elections | CoinMarketCap

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Why Crypto and Web3 Could Decide Votes in Next Month's Midterm Elections | CoinMarketCap
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A new report suggests that, in key swing states, more voters hold digital assets than a union membership ✅

Web3 could be a key issue for voters in swing states during the midterm elections next month, according to a new report.new research that suggests 90% of voters "express support for an internet that is community owned, community governed, and gives people greater control over their information."

As the report notes, debate over the regulation of cryptocurrencies, decentralized finance and Web3 is likely to play a more prominent role in the next Congress — especially following Joe Biden's executive order on digital assets early this year. Haun Ventures argues that crypto policy is going to be of greater interest to the public as time goes on — and warns the current adoption curve means "this is as likely as small as the Web3 voter bloc will ever be."

Web3 supporters are also likely to be younger and more diverse than the typical swing state voter — and 80% of them have incomes under $100,000.

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