After Kenya, Near Foundation to Launch Web3 Hub in India
The Near Foundation has recognised India as the country with the largest startup and entrepreneur communities in the world. The Near Foundation wants to contribute to the success of India's innovative Web3 projects. The non-profit organisation located in Switzerland that oversees the Near Protocol has announced the opening of a regional hub in India with the goal of finding and fostering talent in the blockchain industry, which forms the foundation of the Web3 industry. With this, India has now been recognised by the Near Foundation as having one of the world's largest startup and entrepreneur communities, as well as some of the "most brilliant developers and Web3 producers." The Near Foundation's India hub will discover and assist businesspeople who want to use Web3 components like the metaverse, NFTs, and cryptocurrencies to solve certain societal issues. The two focus areas for the hub in India are GameFi and DeFi. The term "gameFi" describes the fi...