The week of #IndiaBlockchain (Dec 4 - Dec 10) has been very fruitful for the #Web3 community. As the week went on, we saw numerous new ideas and met many Indian developers. Here 𧡠summarizes our insights and recap!
Why @IBWofficial? Web3 development has been expanding in India as many local projects are being built/incubated. Our most recent hackathon showed 20% + of submissions are based in India! Hence, we're super pleased to further our relationship in person with the Indian developers.
What did we learn?
1. The integration of #AI and blockchain technology is getting more and more attention. Many projects have been researching and implementing AI-powered technologies.
What did we learn?
2. The importance of decentralization in cross-chain operations was highlighted with security and mass adoption as the common goal. Projects are actively discovering innovations to make blockchain technology more accessible and more user-friendly.
What did we learn?
3. Emerging markets such as India and South Eastern Asia are filled with intelligent developers. Ecosystems have been designing supportive programs and resources to mentor those developers to become founders.
What did we learn?
4. Developer support from #DAOs has been increasing in India as well. We met a few local communities that are developer-centric and education-heavy.
Special Mention: It's our pleasure to sponsor the Proof of Community event organized by @shardeum ( @letsbuildweb3). Paneling with @SupraOracles in-and-outs of on-chain and off-chain data infrastructure landscape and how this technology can drive Web3 forward.
To conclude, we have learned so much and made great connections during the week. Thanks to all the sponsors and participants for making this event happen! If you did not get a chance to speak to us during the event, join our discord or follow us here :). Letβs talk!