CoinDCX, India’s highest-valued crypto company, has unveiled Namaste Web3, a new initiative to generate awareness and understanding of the potential of Web3, the third-generation internet, in India, it said in a press statement shared with News First Line.
“Through the Namaste Web3 initiative, we are providing the ecosystem a voice and visibility to drive public awareness about the use cases and the benefits of this innovative technology,” Sumit Gupta, Co-Founder and CEO of CoinDCX, said.
The initiative will bring together industry leaders, policymakers, key opinion leaders, and influencers from across India, who will share their knowledge on how Web3 can contribute to India’s goal to become a 5 trillion economy.
India has seen a promising influx of investments and tech talent which has placed the country on the global technological map. This has allowed India to gain a significant advantage over other developing countries.
The creation of Namaste Web3 is aimed at bridging the gap between the Indian masses and the new generation of the internet and positioning India as a leader in the global Web3 ecosystem. This, alongside India’s growing economy and demographic population, is what has allowed the country to become the fastest-growing country in terms of emerging technologies like Web3.
Gupta further added that the technology has created a large opportunity for innovators and builders, however, the necessary education and public awareness are required to drive mass adoption of the technology.
Namaste Web3 is embarking on a multi-city roadshow to further discuss the impact of Web3 on socio-economic changes and the potential of decentralized finance and decentralized application (DApp) development.
The roadshow will begin in Bangalore and subsequently travel to Delhi, Mumbai, Hyderabad, Ahmedabad, Chennai, Jaipur, Pune, Indore, and Kolkata. During the roadshow, attendees will have the opportunity to participate in hands-on workshops on building DApps with decentralized hosting solutions.
