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PR: Fysical's Location Data Proves Racially Diverse Crypto Crowds Are Wealthiest

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Fysical, a decentralized location data market, used location data from its 1,000 data suppliers to prove that racially diverse crypto crowds are also the wealthiest.

It analyzed millions of anonymous location data points from the attendees of six major cryptocurrency and blockchain conferences to create insights, study foot traffic patterns, and determine the demographic makeup of the attendees. It used location data to trace the origin of conference attendees back to the zip code of their households, and cross referenced their zip code with public census data to create demographic statistics.

Conferences analyzed:

– Blockchain Conference, Washington DC, July ’17
– Block-Con, Los Angeles, October ’17
– Blockchain Expo North America, Santa Clara, November ’17
– Token Summit, San Francisco, December ’17
– World Crypto Economic Forum, San Francisco, January ‘ 18
– Blockchain Connect, San Francisco, January ‘ 18

Four Key Discoveries:
1) MOST RACIALLY DIVERSE: Blockchain Expo North America
2) HIGHEST AVERAGE INCOME: Blockchain Expo North America
4) MOST POST-GRADUATE DEGREES: Blockchain Conference

1) MOST RACIALLY DIVERSE: Blockchain Expo North America
Blockchain Expo North America drew a crowd that came from neighborhoods that were on average 48% Caucasian, 26% Asian, and 23% Hispanic, among top ethnic groups.

2) HIGHEST AVERAGE INCOME: Blockchain Expo North America
Blockchain Expo North America is a standout once again, but this time in the average earnings of attendees’ neighborhoods at $140k / year.

The attendees of Token Summit came from neighborhoods in which the average unemployment rate was 6.2%, versus the average of 6.9% seen across all conference attendees’ neighborhoods.

4) MOST POST-GRADUATE DEGREES: Blockchain Conference
These attendees came from neighborhoods in which 33% of the population had a post-graduate or professional degree.

What is Fysical?
Fysical is a decentralized location data market. It provides infrastructure for the transparent and compliant trade of location data on the blockchain.

Website: http://fysical.org/

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Tags in this story
Block-Con, Blockchain Conference, Blockchain Connect, Blockchain Expo North America, decentralized location data market, Fysical, Los Angeles, San Francisco, Token Summit, Washington DC, World Crypto Economic Forum
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