Table of contents
Ecosystem Overview
Organizations and Associations:
Blockchain Australia is a prominent non-profit organization promoting the usage of blockchain tech in the country
Upside DAO recently launched to support Australia’s web3 startups with capital — many leading web3 voices part of the launch
With the likes of Everledger, Immutable, PowerLedger, STEPN, Virtually Human Studio, etc. headquartered there.
Australia ranked 12th in 2022 for venture capital investment(Deal Room)
Major Events:
Blockchain Week Australia: This premier event draws significant attention and participation from the blockchain community, highlighting the latest trends, innovations, and discussions in the sector.
Hackathons:
- Organized by the Australian Blockchain Club, CloudTech Group, and JR Academy, this hybrid event emphasized AI and Web3's role in sustainable future developments.
2022 Supernova Internet Computer Web3 Hackathon
- Focused on leveraging Internet Computer technology for Web3 applications, it was a significant online event drawing international participants not limited to only autralia.
| Year | Name of Hackathon | Theme of Hackathon | Organizing Body | Mode of Hackathon |
| 2022 | Supernova Internet Computer Web3 Hackathon | Web3 Technology | Internet Computer | Online |
| 2023 | Web3 and AI Hackfest | AI and Web3 for Sustainable Future | Australian Blockchain Club, CloudTech Group, JR Academy | Hybrid |
Investment Climate:
- The country has experienced a healthy flow of venture capital investments, indicating a thriving startup environment and investor confidence in the Australian blockchain space.
Adoption: above average adoption rates
15% of Australian investors hold cryptocurrency (ASX)
29% of intending investors (not currently invested) are interested to invest in crypto in next 12 months (ASX)
Developer Community
Summary of Australia's blockchain and Web3 developer community based on the 2023 statistics(Reference):
Total Blockchain Developers: 499 out of 25,499,884, which is approximately 0.00196% of the population.
Ethereum Developers: 100 out of 25,499,884, approximately 0.00039% of the population.
Hyperledger Developers: 15 out of 25,499,884, approximately 0.00006% of the population.
Solidity Developers: 111 out of 25,499,884, approximately 0.00044% of the population.
NFT Experts: 56 out of 25,499,884, approximately 0.00022% of the population.
Web3 & Web3.js Experts: 50 out of 25,499,884, approximately 0.00020% of the population.
Overall Blockchain Developers: In Australia, there are approximately 2 blockchain developers per 100,000 people in the population.