Web3

Blockchain firms come to India for ‘daily active user farming’, says Polygon’s Sandeep Nailwal

Nailwal shared that India provides global blockchain firms access to massive number of Web3 developers, whom they can get to build applications on top of their chains at very low fees or for free.

If Ethereum doesn’t find its footing, we have to find our own standing: Polygon's Sandeep Nailwal on forging new path

In a candid conversation with Moneycontrol, Nailwal spoke about dismantling the board, his comeback as CEO and rebuilding Polygon

Polygon Foundation names co-founder Sandeep Nailwal as CEO in a strategic shift

L2 blockchain firm Polygon is gearing up for business strategy overhaul under Nailwal’s leadership

India accounts for 17% of world’s developers entering Web3 space; to leapfrog US by 2028: Report

India also has 11.8 percent of the world’s crypto developers, the second largest crypto developer base globally, a report by Hashed Emergent has said

MC Interview | On Aptos, 7 out of top 10 applications are from Indian founders: CTO Avery Ching

L1 blockchain startup Aptos plans to double down on its India investment, after seeing nearly 6.5 million out of its 8.5 million total monthly active addresses coming from India, Ching said.

India will account for 20-30% of the next billion Web3 users: Soneium’s Sota Watanabe

‘Soneium’ is the consumer focused blockchain being developed by Sony Block Solutions Labs, a joint venture between Sony Group and Startale Group.

Bitcoin crossing $100,000 an inflection point, crypto is here to stay, says Aptos co-founder Avery Ching

'People need to get on to the Bitcoin bandwagon because it's going to be a big part of our future as a society,' Ching, a prominent Web3 industry name, tells Moneycontrol

Web3, crypto regulatory proposals take centre stage at India Blockchain Week

According to a Hashed Emergent report, the first nine months of 2024 saw funding activity into Web3 startups grow by 82 percent YoY to $462 million, a significant improvement from $254 million in the full year of 2023.

Decentralised gamer network KGeN bags $10 mn funding led by Aptos Labs; valuation jumps to $500 mn

The financing for KGeN, co-founded by gaming veteran Manish Agarwal, comes amid renewed optimism in the Web3 gaming sector

Bharat Web3 Association releases token listing guidelines for crypto startups

Being recommendatory in nature, VDA platforms are expected to follow operational frameworks and protocols during the token listing process, the crypto and web3 industry body said.

India accounts for 12% of world’s Web 3 developers in 2023, major jump from 3% in 2018: Hashed Emergent report

While there has been an 80% YoY decline in Web 3 funding in India in 2023, Hashed Emergent CEO Tak Lee said that the early stage venture capital firm has started seeing signs of recovery with more startups actively seeking to secure funds.

Web3: A look at its growing infrastructure and future in India

Even though the Indian startup ecosystem often dismiss Web3 as mere "bitcoin and blockchain" overlooking its broader scope, its future looks to be as dynamic as it is uncertain

Gaming community startup Stan bags $2.7 million funding

Stan provides a platform for crеators to build, monеtisе communitiеs and offer usеrs a chance to interact with their favourite gaming creators or celebrities through digital collectibles

Crypto crystal ball 2024 reveals Bitcoin blaze, bridges and decentralisation

The future for crypto appears bright with interoperability and scaling solutions promising a quicker and more secure environment. Bitcoin looks like it will see a bull run, laying the path for other crypto currencies.

Web3 Gaming Market to grow to $614 billion by 2030: Report

The ecosystem is set to grow by 300 percent in the next seven years.

Wine NFTs: uncorking access, authenticity through blockchain technology

The NFT functions as a digital certificate of ownership, and opens up access to fractional ownership, wine events, virtual tastings and participation in auctions.