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India's thriving web3 sector with 1,000+ startups and 12% global web3 developers sees increased funding in key subsectors and active government involvement in blockchain initiatives, positioning the country as a leader in web3 development and adoption.
The country’s share of Blockchain developers globally increased from 3 per cent in 2018 to 12 per cent last year, reaching highest share among the emerging markets, according to the report by Hashed Emergent, a Web3 venture capital firm. �� India Now Has One of Largest Web3 Ecosystems in World With Over 1,000 Startups and 35 Million Traders: Report.
New Delhi: India now has one of the largest Web3 ecosystems in the world, with more than 1,000 startups and over 35 million traders, a new report showed