Core Foundation has made a significant stride in India by introducing the India Innovation Fund, which aims to invest $5 million in order to support the growth of innovative blockchain projects throughout the country. The buzz that ensued following the foundation’s announcement in March was tangible, with numerous projects already in progress. ETH Mumbai and key partnerships with leading VCs have all showcased their dedication to accelerating the growth of Web3 and backing the formidable builders, creators, and founders who are propelling its ascent.
The foundation has kicked off the India Innovation Fund, injecting $5 million to back cutting-edge blockchain projects nationwide. Are you prepared to push the boundaries of Web3 in the region?
In addition to what’s already in the pipeline, Core Foundation has teamed up with GravitOn for their V2 Cohort, pledging to offer top-notch assistance and resources to selected projects. Moreover, the Ambassador Program is fostering a movement, seeking out Community, Technical, and Student Ambassadors to join in and make a difference.
The future looks promising for India. Regional hackathons, university workshops, and stellar events are on the horizon. A wave of intriguing DApps is poised to link up with the Core chain, and Core Foundation is gearing up to meet this surge in demand. The Web3 realm has been primed for exponential growth through community initiatives and maker incentives.
Applications for the India Innovation Fund from Core Foundation are now open. Whether you’re embarking on a one-year trial or engaged in the thrilling Core Ignition Drop, there’s no better time than the present to get involved with the Core Foundation team.
As Core Foundation leads the charge in Web3 innovation in India, a bright future awaits. The India Innovation Fund has brought decentralized growth and empowerment within arm’s reach. A layer-one blockchain for EVM-Compatible smart contracts linked by the Core blockchain network with Bitcoin as its backbone. Bitcoin contributes 50% of the Core blockchain network’s security, with mining hash power providing access to Bitcoin’s utility and rewards.
Core stands out as the most Bitcoin-aligned EVM blockchain, featuring BTCfi, Bitcoin staking, and a host of other features. With a groundbreaking breakthrough, the community has expanded, boasting 2.2 million Twitter followers, 250k Discord members, and millions of Core adopters, with over 15 million distinct addresses. Additionally, a substantial 23 million transactions have been recorded since its launch in January 2023.