10 projects onboarding and supporting Web3 builders in Latin America
The growth of Web3 is truly a global revolution, and Latin America is well poised to be a central player in this important movement. Not only is Latin America experiencing increasing adoption of cryptocurrency by the public, but there is also an extraordinary talent base eager to build in the Web3 ecosystem.
When looking at Chainalysis’ 2022 Global Crypto Adoption Index, Latin America is well represented, with four countries in Latin America being ranked in the top twenty – Brazil (7), Argentina (13), Colombia (15), and Ecuador (18). In Brazil and Argentina, for example, 28% and 26% of individuals, respectively, have owned or used cryptocurrency. To put this in perspective, in the United States, that number sits at 16%. In the most recent Gitcoin Grants Round, GG18, there was even a Featured Rounded focused on projects in Latin America.
Despite these exciting trends around adoption, Latin America still lags behind other markets in terms of Web3 investment. Although Latin America has experienced rapid growth in VC investment in Web3 projects over the past 5 years, it still received 10 times fewer deals than the United States did in 2021.
Given the enthusiasm around Web3 in Latin America, and the increasing adoption by the general public, builders in Latin America seem poised to lead the way in Web3 revolution. As such it’s no surprise that numerous projects have emerged in recent years dedicated to the growth of Web3 in Latin America.
So, in this article, we highlight 10 projects that are helping educate, onboard, and support Web3 builders in Latin America!
1. CryptoConexión
CryptoConexión is a “Community of Communities Fostering Connection and Growth in Latin American Web3 Education”. They accomplish this through three key pillars: 1) providing multilingual resources on Web3 education in Spanish and Portuguese; 2) celebrating and connecting Latino builders and communities, and 3) promoting gender inclusivity and closing the gender gap in Web3.
2. UNIFIED LATAM
UNIFIED LATAM is the first festival in Latin America that combines gaming and Web3, with the goal of encouraging adoption and education in Web3. The conference aims to bring together a diverse community of Web3 gamers, builders, and creators from a diversity of backgrounds, and is planning to launch a scholarship program focused on increasing participation by women entrepreneurs.
3. DeFinomics Labs
DeFinomics Labs aims to professionalize web3 talent in Latin America by creating an educational hub that supports the transition of talent from Web2 to Web3. To date, they have led dozens of IRL and virtual meetups, and offer a 10-week bootcamp program on Decentralized Finance (DeFi).
4. T2 LATAM
T2 LATAM has the overarching goal of educating and promoting the adoption of Web3 technologies in Latin America. They offer a number of services including the development of educational programs on key Web3 concepts, the creation of useful and up-to-date content, and a mentorship program for new builders.
5. Urbánika
Urbanika is dedicated to promoting regenerative technology and “turning passive citizens into active city shapers with Web3 technology”. Urbanika operates a “climate-positive bus”, a literal travelling showroom that provides education on regenerative technology solutions for communities, and provides support to neighbourhoods interested in becoming a DAO.
6. WAGMI LATAM
WAGMI LATAM is dedicated to increasing participation in Web3 amongst women in Latin America, with the overarching goal to “add 5 million Latin American women to the Web3 space by 2030”. They are currently focused on conducting research into the challenges faced by LATAM women in Web3, and the most compelling use cases on Web3 technology.
7. mxweb3 crypto hub
mxweb3 is dedicated to accelerating the adoption of Web3 technology in Northern Mexico. They do this by organizing weekly educational talks with industry experts, advising new Web3 projects, offering Web3 educational workshops, and building a community of enthusiasts interested in using Web3 to build a stronger community in Monterrey, Mexico.
8. La Dream Machine
La Dream Machine is focused on publishing a research study highlighting Web3 social impact projects in Latin America. They offer a newsletter and podcast, and recently released a study mapping 100 Web3 projects in Latin America.
9. Cryptocarnes
Cryptocarnes is an educational hub focused on increasing Web3 adoption in Latin America. They offer tutorials and onboarding support to new builders, and have created an event called CriptoMéxico, a three-day conference that includes a hackathon, and a series of workshops and speakers.
10. ReFi Local Nodes
ReFi DAO is “a network society on a mission to regenerate the earth”. They accomplish this by supporting dozens of “local nodes” who are working on the ground to implement ReFi initiatives. There are several local nodes operating out of Latin America including ReFi Mexico, ReFi Costa Rica, ReFi Medellin, ReFi Paramaribo, ReFi Guadalajara, ReFi Saravena, ReFi Tulum, ReFi Venezuela, ReFi Pinda, ReFi São Paulo, and ReFi Saravena.
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