AlgoBharat, the Indian unit of the Singapore-based Algorand Foundation, is gearing up for the second iteration of its Web3-focused initiative in India. The ‘Road to Impact’ programme aims to bring together Web3 developers and startup teams to compete, receive industry-level mentoring, and participate in workshops to enhance India’s digital infrastructure.
Nikhil Varma, the India Tech Lead at Algorand Foundation, highlighted the emerging hubs for developers in cities like Surat and Trivandrum, who are creating blockchain solutions tailored to local industries. He mentioned that Indian developers are delving into various use cases, particularly in supply chain management, sustainability, healthcare, and MSME financing.
The ‘Road to Impact’ initiative is based on a philosophy of deep and sustained engagement to help developers enhance and market their skills. Participants in the programme have the opportunity to compete for financial rewards and ALGO credits for mainnet deployment support. The rewards for the top winners include cash prizes and Algos in mainnet credits.
In the second edition of the initiative, AlgoBharat has introduced a ‘developer track’ aimed at upskilling developers and marketing their knowledge to meet the growing demand of Web3 creators globally. The top ten winners of the developer track will receive cash rewards and credit for mainnet deployment support.
With the goal of creating an ecosystem for scalable, sustainable, real-world blockchain solutions, the AlgoBharat ‘Road to Impact’ aligns with India’s vision of fostering a digitally empowered society. The initiative aims to drive economic growth, address social challenges, and promote global leadership in technology.
AlgoBharat has been actively engaging with eligible individuals and projects in multiple cities including Indore, Surat, Delhi, Trivandrum, Pune, Bangalore, Hyderabad, and Kolkata since August. The programme is set to kick off at the Algorand India Summit in Hyderabad in December this year, bringing together key stakeholders from the Indian Web3 ecosystem.
AlgoBharat’s commitment to elevating India’s position in fostering Web3 talent is evident through its ongoing initiatives and collaborations. The platform’s partnership with the Telangana government to introduce farmers to eco-friendly farming practices through blockchain technology underscores its dedication to driving innovation and sustainability in the country.
The AlgoBharat ‘Road to Impact’ initiative serves as a significant platform for nurturing and empowering India’s Web3 talent. By providing opportunities for developers to showcase their skills, gain valuable mentorship, and access rewards for their contributions, the programme is poised to make a meaningful impact on the Indian blockchain ecosystem.
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