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Home » Advancing Web3: Bitget and Onmeta Unleash India’s Crypto Potential

Advancing Web3: Bitget and Onmeta Unleash India’s Crypto Potential

Kelly Cromley by Kelly Cromley
Dec 15, 2023
in Market News, News
Reading Time: 2 mins read
0

In a significant collaboration, Bitget, a prominent cryptocurrency exchange, and Web3 company joined forces with Onmeta, a decentralized app on-ramp and off-ramp solutions provider, to host the Unwind event. This gathering, which took place on December 8, 2023, in Bengaluru, India, brought together key players in the local Web3 industry, attracting influential leaders from the cryptocurrency space.

 

Bitget’s Support for South Asian Blockchain Landscape:

Bitget has been actively contributing to the South Asian blockchain landscape, extending support to emerging startups in the field. In a recent initiative, Bitget granted funds to three blockchain startups based in India, namely Greasepencil, Derma360, and HR-AI. Furthermore, as part of the Blockchain4Youth program, Bitget announced funding of up to $100,000 for Indian startups during the Build for WEB3 event in December.

 

Fostering Mass Adoption and Ensuring Safety:

Jyotsna Hirdyani, South Asia Lead at Bitget, emphasized the company’s role as accelerators of crypto’s mass adoption. Hirdyani expressed optimism for the growth of the Web3 and blockchain ecosystem. She highlighted Bitget’s commitment to safety, citing the $300 million Protection Fund, one of the largest crypto security funds in the industry, aimed at fostering security. Hirdyani shared insights gained from dialogues at Unwind, revealing the company’s eagerness to explore collaboration opportunities with various players in the crypto landscape.

 

Diverse Participation at Unwind:

Unwind witnessed participation from top leaders in the crypto industry, including representatives from Metamask, Polygon, Avalanche, Web3Auth, and Sandbox. The event served as a platform for engaging discussions on crypto trading, blockchain advancements, dApp ecosystems, and Web3 initiatives.

 

India’s Role in Driving Web3 Adoption:

Harsh Agarwal, Business and Ops Manager at Polygon, highlighted India’s pivotal role in driving Web3 adoption. According to Agarwal, India stands at the forefront due to its thriving developer talent, robust user community, entrepreneurial spirit, and solid digital adoption.

 

Onmeta’s Perspective on Unwind:

Prateek Gupta, Head of Business at Onmeta, shared insights into the motivation behind organizing the IBW Unwind event. Gupta stated that the goal was to showcase India’s thriving Web3 scene to global partners in a fun and interactive manner. Expressing pride in Bitget’s support and that of other partners, Gupta pledged to continue initiatives that contribute to scaling the Web3 ecosystem in India.

 

Conclusion:

The Unwind event, hosted by Bitget and Onmeta, served as a significant platform for fostering collaboration, sharing insights, and promoting the growth of the Web3 and blockchain ecosystem in India. With key industry players coming together, the event highlighted India’s vibrant crypto scene and its potential to lead the way in Web3 adoption.

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