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Get early access: The Next Billion Users Report 2025

Based on insights from over 2,600 consumers across five major markets, The Next Billion Users Report 2025 reveals the key drivers and barriers to crypto and Web3 adoption — providing brands with a data-driven blueprint for unlocking the next wave of growth.

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Protocol Theory Welcomes Ella Wilson as Strategic Operations Manager

Protocol Theory welcomes Ella Wilson as Strategic Operations Manager - AI, Insights & Execution. In this role, Ella will lead internal systems, AI-driven workflows, and operational delivery, ensuring the team scales effectively with clarity, precision, and impact.

Thought Leadership

Drivers vs. Enablers: Getting Crypto Adoption Right

In this article, Alistair Rennie shows that crypto adoption is people-powered: trust, utility, and financial capacity drive demand, while regulation only enables scale.

/ Thought Leadership / Trends & Foresight
Industry Insights

MetaMask's Dollar Moment: Why mUSD Could Reshape Payments

MetaMask’s new wallet-native stablecoin, mUSD, has the potential to redefine how digital dollars are held and spent by bringing storage, transfer, and everyday payments into a single experience. Its success will depend on whether the brand can close the trust gap that continues to shape consumer perceptions.

/ Digital Wallets & Payments / Trends & Foresight / Corporates & Consumer Brands / Web3 Consumer Apps / Brand & Communications
Case Studies

How Early Research Helped BioCrypt Avoid a Costly GTM Mistake

Protocol Theory helped BioCrypt evaluate the commercial viability of applying its secure enclave technology to pharmaceutical research. Through expert interviews and strategic insight, the project uncovered real industry pain points—along with the deep specialization and long-term commitment required to solve them.

/ Trends & Foresight / Product & Innovation / GTM & Growth Strategy
Industry Insights

Singapore’s AI Momentum: Embedded, Everyday, and Evolving

Singapore is emerging as one of Asia’s most engaged AI markets, where daily usage is driven by learning, productivity, and trust in design. This article explores the key behaviours, barriers, and commercial opportunities shaping the next phase of AI adoption in Singapore.

/ GTM & Growth Strategy / Trends & Foresight / Product & Innovation / Customer & User Experience
Thought Leadership

Ground Truth: The Foundation of AI—and Everything Around It

AI doesn’t just need ground truth in its models—it needs it across the entire business. From UX to pricing to go-to-market strategy, this article unpacks why human-validated insight is the difference between guesswork and growth in the age of AI.

/ GTM & Growth Strategy / Trends & Foresight / Product & Innovation / Customer & User Experience / Artificial Intelligence
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