Bitget Joins Forces with Avalanche to Accelerate India's Web3 Transformation
Rewritten Article:
Bitget Teams up with Avalanche to Boost Web3 Adoption in India
Get ready for a surge in Web3 tech in India, thanks to Bitget, a leading global crypto exchange, and Avalanche, the world's quickest and most secure smart contracts platform. These innovative powerhouses are joining forces to fuel grassroots Web3 adoption in the heart of the world's leading crypto adopters - India.
Empowering Young Talent with Blockchain
In a bid to foster young talent and ensure diversity, Bitget is pouring a whopping $10 million over five years into its Blockchain4Youth program. This grand plan includes organizing scholarships, bootcamps, and hackathons, all geared towards empowering the Web3 community, whether it's at home or abroad.
On the women's front, Bitget's Blockchain4Her is gaining momentum, backing women-led Web3 projects. These initiatives aim to bridge the knowledge gap around blockchain technology and make it accessible to a wider audience to boost inclusivity in the burgeoning digital economy.
"Accessing the right info is vital for unleashing blockchain's true potential in India's digital future," says Jyotsna Hridyani, Bitget's South Asia Head. "We want to help create this accessibility, partnering with universities, and engaging our community."
The 'HODL ON' Tour: Building Communities City by City
The partnership took a hands-on approach with the launch of the 'HODL ON' tour, starting with events in Delhi and Bangalore. This initiative is all about promoting education and awareness about blockchain technology and cryptocurrencies among students, developers, and entrepreneurs.
These gatherings offer a platform for Indian Web3 startups to display their work, network with leaders in the field, and secure funding for their projects. Bitget and Avalanche plan to expand this initiative, hosting more events across India throughout 2025.
Why Big Names are Banking on India's Web3 Potential
India's rapid ascent as a Web3 heavyweight isn't a fluke. It tops the world in crypto adoption and stands as the second-largest market for Web3 developers. With over 1000 startups already in operation, experts believe India has the talent to create top-notch blockchain applications, as long as it secures timely funding, mentorship, and global exposure.
Akshay Aggarwal, Co-founder of Blockchained India, notes the potential: "India, with its scale and digital prowess, has a golden opportunity to influence how Web3 delivers real value across consumer and enterprise applications. Relevance comes from consistent action, and this partnership is a great example of a long-term commitment to meaningful growth."
Future Prospects: A Promising Year for India's Web3 Landscape
Through initiatives like Blockchain4Youth, Blockchain4Her, and the HODL ON tour, the collaboration between Bitget and Avalanche is poised to boost Web3 awareness and education across India. As global players, Bitget and Avalanche are taking proactive steps towards collaborating with community-led projects, contributing to the growth of the blockchain tech ecosystem.
This is just the beginning. The rest of 2025 promises more meetups, hackathons, mentorship, and grants for Indian developers, helping India take the lead in the global Web3 movement.
References:[1] Bitget Press Release, "Bitget and Avalanche Announce Strategic Collaboration to Boost Web3 Adoption in India," URL.[2] Avalanche Press Release, "Avalanche Announces Mini-Grant Program for Developers Building on Its Platform," URL.[3] "India Leading the World in Cryptocurrency Adoption," URL.[4] "India: The Second-Largest Market for Web3 Developers," URL.
- Bitget's $10 million investment in the Blockchain4Youth program over five years aims to foster young talent, encouraging them to delve into practical technology like smart contracts and blockchain through scholarships, bootcamps, and hackathons.
- In an endeavor to create a stronger Web3 community, Bitget's Blockchain4Her is supporting women-led Web3 projects, aiming to bridge the knowledge gap around blockchain technology and make it more accessible to a diverse audience.
- The strategic partnership between Bitget and Avalanche is launching the 'HODL ON' tour, which aims to promote education and awareness about blockchain technology and cryptocurrencies among students, developers, and entrepreneurs in cities across India.
- As India moves towards becoming a Web3 heavyweight, with rapid crypto adoption and a vast pool of Web3 developers, ventures such as Bitget and Avalanche's partnership are essential in securing global exposure, timely funding, and mentorship for Indian startups.
- Partnerships like Bitget and Avalanche's initiative are essential as they contribute to the growth of the blockchain tech ecosystem by boosting Web3 awareness, education, and promoting community-led projects.
- It's expected that the rest of 2025 will bring more meetups, hackathons, mentorship, and grants for Indian developers, making India a leading figure in the global Web3 movement.
- Bitget's consensus with Avalanche and their commitment to education and self-development through programs like Blockchain4Youth and Blockchain4Her, combined with platforms like Bitget, web3, and crypto exchanges, could shape the practical application of technology in education and foster lasting growth in the digital economy of India.
