Highlights

  • More males appear to be familiar with blockchain technology than females.
  • About an average of 65% reveals to ‘likely’ use TNC testnet for token deployment and DApps development.
  • Most of the respondents who are interested in blockchain development are young Indians aged 19-29.

Blockchain is a powerful technology poised to secure data and records for any establishment. Many enterprises — big and small — are looking into ways to take advantage of the features blockchain brings to the table. With emerging blockchain-powered developments, a testnet gives developers the opportunity to run and test their solutions in a secure and safe environment.

More males also appeared to be familiar with blockchain technology. This is based on the Real Research survey result where the respondents comprised 86% males while the remaining were females. When asked if they were familiar with blockchain technology, a majority of respondents confidently said ‘yes’ (67%) they were familiar with some rating their knowledge as scarce by expressing ‘somehow’ (23%). On the other hand, a few admitted being not aware of blockchain by answering ‘no’ (11%) on the poll.

With most of the respondents exposed to blockchain technology, we were able to dive in deeper to ask about the TNC testnet.

People Are Less Exposed to Testnets

Blockchain may be a ubiquitous term, but mainnet or testnet are more specific technical terms more people may not understand. Real Researched asked respondents to rate their knowledge about testnet from 1 being the least to 10 as the highest. Most of the respondents graded themselves a ‘1’ (32%) with those who said ‘2’ (13%) and ‘3’ (11%) follows close. Interestingly, there are 7% who claim to fully understand the testnet and gave themselves a ‘10’, the highest possible grade.

Taking into account that most of the respondents were crypto holders and traders (55%) and only more than a quarter are DApps developers (26%), having less knowledge about testnet is understandable. Moreover, the remaining others are not into crypto trading or blockchain development (19%).

In a poll asking if they were able to build any DApp on a testnet before, it’s unsurprisingly to get almost half to admit that they haven’t tried (44%) yet. However, the difference is not immensely significant as to those who did try deploying on testnet amounts to 39%. About 19% also expressed that they are planning to launch a DApp on a testnet.

People Are Receptive of TNC’s Testnet

After showing some enthusiasm towards launching decentralized projects on a testnet, TNC Testnet receives good reception among respondents around the world. About 5,000 out of 8,000 respondents expressed a likelihood to use the TNC-21 testnet for their DApps creation. Specifically, this number only includes those who said ‘Extremely likely’ (31%) and ‘Likely’ (32%).

There are also those in the border who answered somewhat likely, showing unsureness for their answer (22%). Meanwhile, about 15% of respondents said that’s it’s unlikely for them to launch decentralized projects on TNC’s testnet.

As for token development, respondents would ‘likely’ use TNC-21 for the sole purpose of token deployment. It is the same result from the poll that asks about utilizing the testnet for DApps development.

More than half of the respondents said they would ‘Extremely likely’ (30%) and ‘Likely’ (35%) use the TNC testnet for token deployment. Those who answered ‘Somewhat Likely’ are also high with more than a thousand votes (23%). Looking at the rough numbers, it gives a positive reception towards the recently launched testnet environment for both activities: token deployment and Dapps creation.

Panning out to see the big picture, this poll clearly shows the interest of respondents to utilize the testnet to deploy TNC-based tokens and power DApps using TNC Coins’ fast blockchain network.

TNC Network Poised to Support Indian Crypto Start-Ups

Considering that the survey was fielded in 60 countries, the TNC testnet has mostly gained the attention of India’s young IT professionals. As a matter of fact, the top participating country in the survey is recorded to be India. In total, there are roughly 5,000 Indian respondents who are aged 19 to 29 years old in this survey.

Certainly, India is prominent in the world of information technology. Thus many Indian migrants are landing on tech jobs in the United States. According to the United Nation’s International Migrant Stock 2019 report, India is a leading contributor of international migrants. Roughly 17.5 million Indians settled in different parts of the world and many of them work in the field of IT.

In conclusion, the survey results show the likelihood for young Indian techies to utilize TNC testnet. Most of the respondents are crypto traders than developers. More so, the TNC testnet is regarded as a trusted and reliable sandbox environment for crypto start-ups and DApps development.

The interest is there, and the survey sampling population is young; only a flick of a switch to inspire those crypto traders to create their own crypto project and DApps solutions. This would convert the TNC mass adoption within India’s booming IT start-up scene into not only a mere possibility but most likely a reality.

Methodology

Survey Title“TNC Testnet Expectation Survey”
DurationDecember 18 to 23, 2020
Number of Participants8,000
DemographicsMales and females, aged 19 to 60+
Participating CountriesAfghanistan, Albania, Algeria, American Samoa, Angola, Anguilla, Antigua and Barbuda, Argentina, AustraliaBangladesh, Belgium, Bermuda, Bolivia, Brazil, Canada, Colombia, Costa Rica, Czech Republic, Ecuador, Egypt, Ghana, Guatemala, Haiti, Hong Kong, Hungary, India, Indonesia, Ireland, Malaysia, Mauritania, Mexico, Morocco, Myanmar[Burma], Nepal, Nigeria, North Korea, Pakistan, Paraguay, Peru, Philippines, Poland, Portugal, Qatar, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Korea, Spain, Sri Lanka, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam, Zimbabwe.