India looks to become a $5 trillion economy. The goal is pretty much achievable, provided all the sectors work in the same direction. Web3, the upcoming internet for the future generation, can contribute as much as any other industry. CoinDCX echoed the idea while emphasizing that the Namaste Web3 initiatives have great potential to accelerate the country’s growth.
Digitalization has played a central role in every innovation in the past few years. For the time being, the focus will be on what Namaste Web3 has in store for everyone, especially India, on a global scale.
Future Internet will enable the development of decentralized applications and other projects. Additionally, employment opportunities exist to complement India’s expanding population perfectly. According to CoinDCX, the increased use of technologies such as Web3 has enabled India to become the world’s fastest-growing nation.
Assuming the nation opens the door a little wider for Web3, there is a possibility that the ecosystem will finally receive the platform it deserves to share its voice and visibility with the people.
Sumit Gupta, the founder of CoinDCX, believes that the Namaste Web3 initiative to encourage people to know about web3 events will drive awareness among the Indian community and share its benefits.
Therefore, CoinDCX intends to organize roadshows in several Indian cities to discuss the potential of Web3 and how it may assist India in achieving its goal of being a $5 trillion economy. The event has already concluded in Bengaluru, but the company has yet to announce the event dates in other cities. CoinDCX is the leading cryptocurrency exchange in India, and the initiative is in association with Forbes and with the support of the Bharat Web3 Association.
Further events under Namaste Web3 are yet to be announced in the following cities (not necessarily in sequence):
- Mumbai
- Delhi
- Hyderabad
- Chennai
- Ahmedabad
- Indore
- Pune
- Jaipur
- Kolkata
A comprehensive review of Web3 will include the benefits individuals and corporations can derive from it. It will consist primarily of keynote addresses and workshops addressing the role Web3 can play in bringing socioeconomic change to India.
Sumit Gupta, Gaurav Arora (Senior VP of DeFi Initiatives at CoinDCX), Kavya Prasad (Founder of Lumos Labs), Aayush Gupta (Director of Near India), Pranshu Rastogi (Vice President of Engineering at Push Protocol), and many others will be among the speakers at the event.
A transition from Web2 to Web3 will be a part of the discussion as well, along with important discussion points on DeFi. Almost every major cryptocurrency exchange in India is a part of this initiative.
Sumit Gupta talked more about the Namaste Web3 initiative, saying that the goal is to provide voice and visibility to the ecosystem to drive public awareness and educate the community on the usage of Web3.
India seeks to be the world leader with a $5 trillion economy. Achieving that will be largely possible, provided all the sectors, including Web3, are given a chance to share their opinions. Namaste Web3 intends to do precisely that.
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