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Crypto is down but Web3 is rocking on in India

Crypto is down but Web3 is rocking on in India
Crypto is down but Web3 is rocking on in India
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Synopsis

Indian developers proficient in Web3 technologies continue to see strong hiring interest. Squeezed to deliver with lesser resources, Web3 companies are banking on India to keep the show going.

Bitcoin is now at USD23,000. It was at USD63,000 in 2021. Coinbase has laid off 18% of the global workforce and 8% in India. You would not be mistaken in thinking that Web3 and blockchain are crumbling faster than they were built. What if I told you that it is being built right now, and a lot of it is out of India. Santosh Panda, co-founder, FoundershipHQ, a Web3 accelerator, said that most of the Web3 platforms cannot live without India since
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The Economic Times