India is witnessing a technological renaissance, with blockchain emerging as a cornerstone of this transformation. As the nation embraces Web3 and decentralized technologies, India Blockchain Month (INBM) is set to play a transformative role. This month-long initiative isn’t just about technology—it’s about trust, community, and empowerment, fostering a grassroots movement that bridges urban and rural divides in innovation.
The Legacy Behind INBM: BlockOn Ventures
At the helm of INBM is BlockOn Ventures, a pioneer in Web3 innovation since 2017. Over six years, BlockOn has established itself as a global force in the blockchain ecosystem, hosting 110+ events across Asia with 55,000+ attendees, 675+ sponsors, and 125+ media collaborations. Initiatives like Malaysia Blockchain Week, Dubai Blockchain Month, and Thailand Blockchain Week 2022 have showcased BlockOn’s commitment to fostering meaningful connections in the blockchain space.
Signature projects like Women.Web3Preneur and I ❤️ RWA further underline BlockOn’s mission to empower underrepresented voices and champion real-world use cases of blockchain. With INBM, BlockOn aims to extend this legacy to one of the world’s most dynamic tech landscapes—India.
India Blockchain Month: A Movement for All
Spanning 15 cities, including Tier 2 and Tier 3 hubs, INBM is a month-long Web3 initiative that brings together global innovators, developers, and investors. Its aim is to democratize blockchain adoption, enabling innovation to flourish not just in urban centers but across the nation.
Community-Centric Focus: Workshops, hi-teas, hackathons, conferences, round table discussions and grassroots engagement are tailored to educate and empower India’s rapidly growing Web3 enthusiasts. Bringing together policymakers, Web3 thought leaders, entrepreneurs, and a diverse array of industry participants under one roof will foster authentic, impactful discussions throughout the month.
Showcasing Talent: INBM creates platforms for India’s 5.5 million developers—growing at 10% annually—to collaborate and innovate, showcasing their potential to a global audience.
Bridging Ecosystems: By connecting local talent with international players, INBM is fostering collaboration that accelerates blockchain innovation in the country.
India’s Blockchain Growth: A Data-Driven Perspective
Widespread Adoption
India leads the world in grassroots cryptocurrency adoption, ranking #1 in the 2023 Global Crypto Adoption Index by Chainalysis. Importantly, this adoption isn’t restricted to metropolitan areas. Tier 2 and Tier 3 cities are embracing blockchain, underscoring its nationwide potential.
Developer Superpower
India’s massive developer pool—estimated to surpass 10 million by 2030—makes it a critical hub for Web3 development. INBM seeks to capitalize on this strength, providing developers with opportunities to solve real-world challenges through blockchain. We’re organizing multiple hackathons across the country, to encourage this superpower & polish it further to get recognition globally!
Economic Impact
The blockchain sector could contribute an additional $1.1 trillion to India’s GDP by 2032, according to industry projections. This growth is bolstered by government policies such as Digital India and initiatives like the Central Bank Digital Currency (CBDC), which reflect a strong commitment to fostering blockchain integration.
Building Trust: The Core of Blockchain Adoption
Trust is foundational to any technological revolution & web3 community being super close knit event globally thrives on trust. INBM recognizes this and prioritizes community-driven trust-building through education, transparency, and inclusivity:
Workshops and Hackathons: Focused on real-world applications of blockchain, these events empower participants to explore blockchain’s transformative potential.
Thought Leadership: Panels and discussions with industry pioneers shed light on the latest developments in blockchain technology and its implications for India.
Inclusivity: By actively engaging Tier 2 and Tier 3 talent, INBM ensures equitable access to opportunities and resources.
A Shared Vision for India’s Blockchain Future
INBM isn’t just about advancing technology—it’s about empowering people. BlockOn Ventures, with its rich history of fostering innovation across Asia, is now channeling its efforts into establishing India as a global blockchain leader. By aligning with India’s pro-innovation policies and tapping into its vast talent pool, INBM is more than an event series—it’s a movement. A movement to unlock India’s potential as a Web3 powerhouse, foster trust, and ensure that every individual and community can partake in the benefits of blockchain. We strongly believe that talent has no boundaries & tier 2 and 3 cities must have an equal opportunity to showcase their skillset as much as Tier1, Bengaluru being one big example does.
Join the Revolution
India Blockchain Month 2024 isn’t just a tech initiative—it’s a call to action for developers, investors, entrepreneurs, and blockchain enthusiasts to come together and build the future. Whether you’re in Mumbai, Jaipur, or Guwahati, this is your chance to shape the narrative of India’s blockchain story.
Are you ready to be part of this transformation? Let’s build trust, foster innovation, and create a blockchain-powered future—together.
Stay connected with us on this journey! For real-time updates, industry insights, and a behind-the-scenes look at INBM 2024, follow us on LinkedIn and Twitter. Join the conversation, connect with thought leaders, and become part of India’s Web3 revolution!
