印度是人口13億的南亞國家，在Web3領域正在迅速發展，以前所未有的速度擁抱區塊鏈技術。

當Jio硬幣在Jio Sphere瀏覽器上上線時，印度創立的Polygon Labs與印度集團Reliance Industries之間的合作夥伴關係受到了極大的關注，這標誌著印度不斷擴大的Web3景觀中的一個主要里程碑。

India, the South Asian nation with a population of 1.3 billion is rapidly evolving in the Web3 space, integrating blockchain technologies at an unprecedented pace.

印度，人口為13億的南亞國家正在Web3領域迅速發展，以前所未有的速度整合區塊鏈技術。

This year has seen the partnership between Indian founded Polygon Labs and Indian conglomerate Reliance Industries gain significant attention as Jio Coins went live on the Jio Sphere Browser, marking a major milestone in India’s expanding Web3 landscape.

今年，隨著Jio Coins在Jio Sphere瀏覽器上播放，印度創立的Polygon Labs與印度集團Reliance Industries之間的合作夥伴關係受到了極大的關注，這標誌著印度不斷擴大的Web3景觀中的一個主要里程碑。

Additionally, in a groundbreaking move, the town of Dantewada last week migrated over 700,000 land records to the Avalanche blockchain.

此外，在開創性的舉動中，丹特瓦達鎮上週將超過700,000個土地記錄遷移到了雪崩區塊鏈。

Predicting further growth in the space, Hashed Emergent has predicted that India will have the world’s largest Web3 developer base by 2028. In its latest third edition of the India Web3 Landscape Report, the firm highlights that India’s Web3 ecosystem continues to strengthen, showing remarkable resilience despite global uncertainties.

Hashed Emperent預測了該空間的進一步增長，預測印度將於2028年擁有世界上最大的Web3開發商基礎。在其最新的第三版印度Web3景觀報告中，該公司強調，儘管全球不確定性，但印度的Web3生態系統仍在繼續增強，表現出了顯著的恢復力。

Growing Web3 Startup Ecosystem in India

在印度種植Web3啟動生態系統

According to the report, India boasts the world’s third-largest Web3 founder base, with over 1,200 startups across various sectors.

根據該報告，印度擁有世界第三大Web3創始人基礎，各個部門擁有超過1,200家初創企業。

Shedding light on emerging Indian start-ups in the world of Web3, Hashed reveals that over 12,000 startups are leading the innovation with Indian founders receiving cumulative funding of $564M in 2024.

哈希德（Hashed）揭示了Web3世界中新興的印度初創企業，這表明超過12,000家初創公司正在領導創新，印度創始人在2024年獲得了5.64億美元的累計資金。

This shows an astounding growth of 109% from funds raised in 2023. The nature of the funded projects include AI, Real World Assets (RWAs) and Staking Solutions. Few startups emerging in these areas include Kuru, CoinDCX, Kelp, TradeX, KoinX, Rabble, etc.

這表明2023年籌集的資金的驚人增長為109％。資助項目的性質包括AI，現實世界資產（RWAS）和Straking Solutions。在這些領域，很少有初創公司包括Kuru，Coindcx，Kelp，Tradex，Koinx，Rabble等。

Further, the report reveals that the kind of Venture funds that are investing in these Web3 startups include a good mix of local funds, ecosystem funds and corporate ventures arms of leading exchanges, including Hashed and OKX.

此外，該報告顯示，在這些Web3初創公司投資的風險基金包括當地資金，生態系統基金和公司風險投資的良好組合，包括Hashed和OKX在內。

Coinbase Ventures, Y Combinator, Animoca Brands, IOSG, and LD Capital, as well as homegrown Venture Capital firms such as Hashed Emergent, CoinDCX, PeakXV, Borderless, and Alpha Wave, are also aggressively investing in Indian projects.

Coinbase Ventures，Y Combinator，Animoca Brands，IOSG和LD Capital以及本土風險投資公司，例如Hashed Emprent，CoindCX，CoindCX，Peakxv，Borderless和Alpha Wave，也在積極投資印度項目。

Notably, the funding in the infrastructure and finance sector projects saw significant growth last year while the Web3 entertainment sector witnessed continued decline in 2024. With investment activity shifting from L1s/L2s projects in favour of AI infra-related projects, Indian Web3 projects in the respective field garnered over $437M in 2024.

值得注意的是，去年基礎設施和金融部門項目的資金顯著增長，而Web3娛樂部門在2024年見證了2024年的持續下降。隨著L1S/L2S項目的投資活動轉移，有利於AI Infra相關的項目，而與AI相關的項目則在2024年的2024年獲得了超過4.37億美元的印度Web3項目。

Growing Web3 Developer Base in India

在印度成長的Web3開發人員群

The Hashed report states that the country contributed 17% (the highest) of all new developers entering the Web3 space in 2024. With 12% of Crypto developer base, India is currently the second largest developer market which is 5% of the global Web3 founder base.

Hashed報告指出，該國在2024年進入Web3領域的所有新開發商中，該國貢獻了17％（最高）。印度目前有12％的加密開發商基地，目前是第二大開發商市場，佔全球Web3創始人基礎的5％。

It further predicts that India is expected to leapfrog the US with the largest developer community by 2028.

它進一步預測，預計到2028年，印度將與最大的開發商社區跨越美國。

A total of 11.8% of crypto developers are based in India, making it the world’s second-largest crypto developer base. In terms of contributions, data shows that 45.3% of Indian Web3 developers contribute code, 29.7% address bug fixes, and 22.4% focus on documentation. Gaming and NFTs account for 30% of developer engagement, while DeFi and RWAs contribute 26%.

總共有11.8％的加密開發商總部位於印度，使其成為世界第二大加密開發商基礎。在貢獻方面，數據表明，印度Web3開發人員中有45.3％貢獻了代碼，29.7％的問題解決錯誤修復程序，而將22.4％的人關注文檔。遊戲和NFTS佔開發人員參與度的30％，而DeFi和RWA的貢獻為26％。

Interestingly, most Indian developers are new and young to the Web3 space, with over 50% joining in the past two years and 85% under 27. While Hackathons remain the main entry point for developers, global Web3 ecosystems are partnering with universities in Odisha, Bhubaneswar, Madras, and Kerala, introducing students to Web3 technology early to build within the ecosystem.

有趣的是，大多數印度開發人員都是Web3領域的新手，過去兩年中有超過50％的人加入27歲以下的85％。雖然黑客馬拉松仍然是開發人員的主要入口處，但Global Web3生態系統正在與奧里薩邦，Bhubaneswar，Madras，Madras和Kerala和Kerala的Odisha大學合作，向Web3學生介紹Exystem in ecosystem neffors in ecosystem。

GenZ leads the Crypto Investors Base in India

Genz領導印度加密投資者基礎

The 2024 growth outpaced the combined growth of 2022 and 2023 as Indian crypto traders grew more sophisticated.

2024年的增長超過了2022年和2023年的共同增長，因為印度加密貨幣商人的增長越來越高。

According to the repot, the country witnessed a 5x surge in meme coin trading volumes, showing the market’s appetite for emerging opportunities.

據《倉庫》報導，該國目睹了模因硬幣交易的5倍激增，顯示了市場對新興機會的興趣。

Gen Z makes up 35% of the crypto investor base, and two-thirds of the futures traders are under the age of 35. Notably, 1 in 10 futures’ traders are females, indicating significant headroom for growth among women. What’s impressive is that 59% of the Indian crypto traders are using stop-loss orders, showing sophisticated risk management.

Z世代佔加密投資者基礎的35％，三分之二的期貨交易者年齡在35歲以下。值得注意的是，十分之一的期貨交易者是女性，表明婦女的增長余地很大。令人印象深刻的是，有59％的印度加密貨幣交易員正在使用停止損失訂單，顯示出複雜的風險管理。

Complex Regulatory Landscape Continues to Pose Challenges

複雜的監管景觀繼續構成挑戰

India lacks a dedicated regulator for the Web3 sector leaving rooms for further improvements and growth in its growing Web3 Landscape.

印度缺乏針對Web3部門的專用監管機構，為其不斷增長的Web3景觀提供了進一步改進和增長的房間。

While highlighting the existing complex regulatory jurisdiction in India, the report suggests that by adopting a disruptive Web3 regulatory, tax and policy framework, it can catalyze population scale on

該報告在強調印度現有復雜的監管管轄權時，表明，通過採用破壞性的Web3監管，稅收和政策框架，它可以催化人口規模