Bangalore, India, 6th June 2024, ZEX PR WIRE<\/a>, <\/b>Levitate Labs<\/span><\/a>, a Web3 Scale-up program, proudly announces an upcoming initiative to catalyse the expansion of the Indian on-chain ecosystem through a series of targeted meetups and initiatives.<\/span><\/p>\n India\u2019s potential for exponential growth in the on-chain arena is undeniable. According to the Electric Capital Developer Report 2024, Central Asia and Europe lead in the number of on-chain developers, with India securing the second position globally with a 12% share, following the US with 26%. India boasts approximately 3.5 million aspiring developers in the blockchain space.<\/span><\/p>\n This initiative is focused on fortifying the adoption of Base, an Ethereum L2 incubated by Coinbase and designed for security, affordability, and ease of use, targeting the integration of the next billion users onto the blockchain. Additionally, Coinbase Ventures will be actively exploring opportunities within India-based projects, further fueling the growth of the ecosystem.<\/span><\/p>\n Levitate Labs, with support from <\/span>Base<\/span><\/a>, will incubate a series of community-driven initiatives tailored to empower startups and developers within India. Among these initiatives are the Onchain India program, Tier 1 College programs, and engaging Fireside chats featuring prominent Ecosystem Builders.<\/span><\/p>\n \u201cBase is for everyone, and we\u2019re excited for Levitate Labs\u2019 OnChain India program to support and empower individuals, startups, and communities in India\u2019s thriving developer community,\u201d said Sam Frankel, Head of Ecosystem at Base.\u00a0 \u201cWe\u2019re excited to support Levitate Labs in providing the resources and support needed to unlock India\u2019s on-chain adoption potential,\u201d he added.<\/span><\/p>\n Pratik Magar, Managing Partner of Levitate Labs, remarked, \u201cCollaborating with Base marks a significant step toward scaling the blockchain ecosystem in India. Our goal is to empower developers and startups to create groundbreaking solutions leveraging Base that can revolutionise industries and improve lives. The \u2018OnChain India\u2019 Program is a testament to our commitment to fostering innovation and entrepreneurship in the Web3 space.\u201d<\/span><\/p>\n<\/div>\n \nThe Post Levitate Labs Energizes Indian Builders to Build on Base\t<\/a> first appeared on ZEX PR Wire<\/a> <\/p>\n<\/div>\n Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact contact@binarynewsnetwork.com<\/p>\n","protected":false},"excerpt":{"rendered":" Bangalore, India, 6th June 2024, ZEX PR WIRE, Levitate Labs, a Web3 Scale-up program, proudly announces an upcoming initiative to catalyse the expansion of the Indian on-chain ecosystem through a series of targeted meetups and initiatives. India\u2019s potential for exponential growth in the on-chain arena is undeniable. According to the Electric Capital Developer Report 2024, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-9773","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-news"},"_links":{"self":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9773"}],"collection":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/comments?post=9773"}],"version-history":[{"count":0,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/posts\/9773\/revisions"}],"wp:attachment":[{"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/media?parent=9773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/categories?post=9773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seoulchronicle.com\/wp-json\/wp\/v2\/tags?post=9773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/p>\n
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