India’s leading cryptocurrency exchange, WazirX, has partnered with Goa-based startup incubator Atal Incubation Center (AIC) and Web3 incubator Buidlers Tribe to launch a blockchain accelerator program in India. ‘State. The program will help provide infrastructure, policy support, accreditation, and training to help startups build go-to-market solutions. The incubation center will provide 40 places for selected entrepreneurs to work together
Goa is a popular urban state with the highest GDP per capita in the country according to Delhi Economic Survey 2021-22. It has also witnessed an influx of professionals and entrepreneurs working remotely. These factors make Goa an attractive hub for incubating the next generation of successful Web3 startups, the statement said. According to a NASSCOM and WazirX report, blockchain and other Web3-related fields will create 800,000 jobs by 2030.
“India has been a pioneer when it comes to Web3. We have the largest ecosystem of blockchain developers in the world, which puts us at an inflection point in the global arena. Internationally, our work is already recognized for the contribution it makes to the Web3 ecosystem.The Blockchain Park in Goa aims to take advantage of these opportunities and equip high-tech blockchain startups with the technical know-how, accreditation and political support from the government. We want to provide such training to more Web3 enthusiasts and pioneers across the country in the coming months,” said Pareen Lathia, co-founder of Buidlers Tribe.
Rajesh Joshi, CEO of Atal Incubation Center, GIM, said the blockchain acceleration program in Goa will provide developers with infrastructure and technical skills. “This program will catalyze the establishment of a holistic and best-in-class training ecosystem. Our long-term vision is to boost our state economy and create jobs. Entrepreneurs who explore solutions based on blockchain will no longer have to leave the state to pursue their dreams,” added Joshi.
WazirX and Builders Tribe have identified investors to support the initiative with a dedicated capital pool throughout the program.
For a successful outcome of the program, AIC will help with the required regulatory framework and policy support; Builders Tribe will lead the acceleration program and provide ecosystem support, training, mentorship and go-to-market support for impactful solutions. WazirX will help entrepreneurs identify the value drivers of these innovative technologies and give them the practical understanding to create solutions. He will also ensure the evolution of policy measures and the creation of a policy framework to accelerate the growth of start-ups and the blockchain ecosystem.
“Creating a robust blockchain and Web3 environment for startups is critical in India. This will help India to lead the web3 industry in the next few years which also means job opportunities and income generation. The goal is to make Goa a model blockchain state. We want to provide world-class training, equipment and market access to our nation’s talent so they can produce in India and deliver innovative solutions globally,” said Aritra Sarkhel, Director – Public Policy , Government Affairs, WazirX.