Big news from India! India is becoming a super important place for Web3, which is like the next generation of the internet. It's all about things like cryptocurrencies and blockchain technology. Lots of young people are building cool things!
- India now has 12% of the world's Web3 developers, that's a huge jump from 5% just 10 years ago!
- Most Indian Web3 developers are young (18-27 years old).
- Many Indian developers like using Solana, a type of blockchain.
- Investments in Indian Web3 projects went up by a whopping 224% in 2024!
Fact | Number |
---|---|
India's share of global Web3 developers | 12% (up from 5%) |
Increase in Web3 investments in 2024 | 224% |
Age range of most Indian blockchain developers | 18-27 |
Even though there aren't clear rules yet, India's Web3 scene is growing fast. People hope for better rules to make it even bigger!