Namaste Web3: Empowering India’s Web3 Revolution & Global Community

Namaste Web3 made its debut earlier this year. When we set out on this ambitious mission, our vision was crystal clear. At CoinDCX, we firmly believe in India’s exceptional potential to lead the Web3 revolution, and therefore, we took it upon ourselves to introduce Web3 to the Indian community and showcase its manifold benefits for businesses, individuals, and society as a whole. To kickstart this momentous initiative, we partnered with Forbes to host a 10-city roadshow, with the primary goal of disseminating knowledge and awareness about the future of the Internet and engaging all stakeholders in the web3 ecosystem – developers, start-ups, users, investors, regulators, and the government.

Now, six months later, we stand at the midway mark of our extraordinary journey, having traversed through the vibrant cities of Delhi, Bangalore, Ahmedabad, Hyderabad, and Pune. Each city added its unique flavor, making the experience even more enriching. As we pause to reflect on the profound impact Namaste Web3 has had, we are filled with a sense of gratitude for the bond we have forged with the web3 community.

As a brand, we have been extremely passionate about community. To quote Sumit Gupta, CEO & Cofounder, CoinDCX, “Community is at the very core of CoinDCX’s mission and philosophy. We firmly believe that the strength of our collective efforts is the driving force behind the transformative impact we seek to create in the world of Web3. Education has been our focus. Through the Namaste Web3 initiative, we are providing the ecosystem a voice and visibility to drive public awareness about the use cases and the benefits of this innovative technology. We are extremely grateful to the community for responding with great enthusiasm. We are inspired by the passion and enthusiasm exhibited by our community members, as they engage with Web3 technologies with a genuine desire to make a positive impact.”  

Irrespective of whether it’s a metro or a smaller city , the warmth of the community’s response was overwhelming. From active registrations and enthusiastic participation to engaging post-event discussions on social media, we were embraced wholeheartedly. 

In Bangalore, where our Namaste Web3 initiative took its first steps, the response was enthralling.  As the tech capital and a hub for the Web3 community, the excitement in the air was palpable. The audience, a gathering of passionate Web3 founders and developers, embraced us with open arms, eager to join hands in propelling this movement forward. Their enthusiasm and willingness to contribute left us inspired and energized, setting the stage for an incredible journey ahead.

Moving on to Delhi and Pune, the spirit of Namaste Web3 continued to thrive through the power of social media. Conversations sparked online, and it felt as though the spirit of Namaste Web3 was seamlessly extended for an entire week, uniting Web3 enthusiasts from all corners of the digital realm.

The post-Covid #NewIndia is more decisive & has transitioned from diffidence to confidence.

Our self assuredness has allowed us to take cutting edge decisions. We’ve also begun to leverage technology to solve many long pending issues. @ForbesIndia #NamasteWeb3 session. pic.twitter.com/5EW2syfqVj

— Baijayant Jay Panda (@PandaJay) March 12, 2023

In the vibrant city of Ahmedabad, our Namaste Web3 journey took an exhilarating turn as we were pleasantly surprised by the depth and nuance of the questions posed by the enthusiastic audience, particularly on the subject of Decentralized Finance (DeFi). The passion and curiosity displayed by the participants were truly commendable, as they delved into the intricacies of DeFi with a hunger for knowledge. Their insightful inquiries reflected a genuine desire to understand the technology and its potential implications for the financial landscape.

It was amazing attending the #NamasteWeb3 event organized by @CoinDCX & @ForbesIndia.

I have always been a keen observer of the blockchain industry and have wondered about the immense potential it has in so many areas. Undoubtedly, it is one such technology that can … pic.twitter.com/gCkVBoq0ye

— Sandeep T (@sndtrp7) March 13, 2023

In the Blockchain city of Hyderabad, where rain poured relentlessly throughout the week prior to the event, the Web3 community stood tall, undeterred by the waterlogged streets. More than 250 web3 enthusiasts showed up on time, demonstrating their unwavering commitment and dedication to the next generation of the internet.

Throughout our events, we had the privilege of hosting esteemed industry experts and thought leaders whose valuable insights enriched our understanding of Web3’s potential to revolutionize the digital landscape. We extend our heartfelt gratitude to all our speakers, Dr. Abhishek Manu Singhvi, MP and Lawyer, Shri Ravi Shankar Prasad, Shri Jay Panda, National Vice President and Spokesperson of the Bharatiya Janata Party (BJP), Ms. Shweta Shalini, BJP, Shri Gaurav Gogoi – MP, Lok Sabha, and distinguished speakers like Anna Roy, Sr. Adviser, NITI Aayog, and Rama Devi Lanka, Director, Emerging Technologies – AI Blockchain, Cloud, Government of Telangana.

Kickstarted with #Solidity session with Yash sharma today at #NamasteWeb3 #CoinDCX session.

Excited and happy to be here.
Thanks @CoinDCX for this meet-up.#punedao #pune @cryptoprofesso9 @HrishiqueMunshi @omg14doteth @SumithPrabhu1 Parag Sanyasi @AdityaKaklij @jaybade11 🙌 pic.twitter.com/EuneuSFAV9

— almass.eth/lens | PuneDAO (@titaniumals) April 15, 2023

We are also thankful to the industry leaders and entrepreneurs who graced our events with their presence and expertise, including Rama Vedashree, Advisor – Dallas Venture Capital, Varun Dube, Head of Blockchain at Lab45, Wipro Limited, Arpit Sharma, Managing Director, India, SE Asia & Middle East, NEAR Foundation, Firdosh Sheikh, Co-founder and CEO, DRIFE, Ravikant Agrawal, Director of Growth, Polygon, Tarun Katial, Founder and CEO at Coto, Mr. Prashanth Swaminathan, Founding Partner, Woodstock Fund, Rajesh Dhuddu, Global Business Head, Emerging Technology at Tech Mahindra; Prasanna Lohar, CEO of Block Stack; Pankaj Diwan, Co-founder of India Blockchain Forum; Mr. Ajeet Khurana, Founder, Reflexical Pte Ltd, C A Aishwary Gupta, Ecosystem BD Head- India & Payment & FinTech Head at Polygon Labs, Sreeram Ananthasayanam, Partner, Consulting at Deloitte India; Vivek Madani, Head of Flipkart – Polygon Blockchain COE, Mr. Srinath Sridharan, Author & Coach, and Mr. Gopal Jain, Senior Advocate, Supreme Court of India.

Our gratitude also extends to our  leadership team who supported as speakers and moderators, including Rohit Jain, MD, CoinDCX Ventures, Gaurav Arora, Sr VP – DeFi initiatives, Vivek Gupta, CTO, Satish Mishra, VP of Engineering, and Rajbir Kaur, Vice President – HR & EB. 

In our pursuit of empowering individuals with knowledge, we launched two volumes of VDA Policy Books – Fundamentals and Guiding Principles. These invaluable resources equip people to navigate the world of Web3 and blockchain, inspiring them to shape a brighter future. These books are essential for educating both newcomers and individuals with some understanding of Web3.

The resonance of Namaste Web3 reverberated beyond the physical events, as people from diverse backgrounds joined the conversation online, fostering a truly global community of Web3 enthusiasts.

As we stand at the midway mark, our journey is far from over. The road ahead is brimming with possibilities, promising more cities and diverse Web3 topics that will continue to captivate minds and hearts. As we continue this beautiful narrative of Namaste Web3, it is evident that the spirit of community is the bedrock of our journey. We are humbled and grateful for the opportunity to connect with such a diverse and passionate group of individuals. The journey has just begun, and together, hand in hand, we move forward, united in our quest to make Web3 technologies accessible to all, leaving no one behind on this incredible path of innovation and empowerment.

Quotes from various sessions

• Dr. Abhishek Manu Singhvi, Rajya Sabha MP and Chair, Parliamentary Standing Committees on Commerce
  Educational initiatives like Namaste Web3, which travels from city to city inviting tech enthusiasts and industry leaders to join the Web3 revolution, can be quite effective in informing the public about the potential benefits of blockchain-based finance.”
• Mr. Dilip Chenoy, Chairman, Bharat Web3 Association
  20% of the startups and growth in the ecosystem is coming from tier 2 markets. This demonstrates how widespread the Web3 phenomenon has become… Unfavorable regulations cause Indians to move their money abroad and Indian tech talent to leave India.” 
• Mr. Baijayant Panda, National Vice President, BJP
  The post-Covid new India is more decisive and has transitioned from diffidence to confidence. Our self assuredness has allowed us to take cutting edge decisions. We’ve also begun to leverage technology to solve many long pending issues.”
• Sumit Gupta, Co-Founder and CEO of CoinDCX
  Web3 technology has opened up a huge white-space for innovators and builders.  However, the mass adoption of this technology can only happen through continuous education. At CoinDCX we have been tirelessly working to drive mainstream adoption of this technology.
• Rama Devi Lanka, Director, Emerging Technologies – AI Blockchain, Cloud, Government of Telangana
  The primary objective in adopting these technologies is to solve societal problems, such as increasing farmer revenue in agriculture or tackling issues like fake education credentials. For instance, they successfully implemented blockchain to address fake certificates issued by universities.
  
• Ravikant Agrawal, Director of Growth, Polygon
  Decentralization offers transparency and programmability. It has several applications and benefits. However, mass adoption can only be achieved through improved user experience – eliminate barriers so transactions are as seamless and natural as a bank transfer or UPI payment. 
• Varun Dube, Head of Blockchain at Lab45, Wipro Limited
  Big tech companies have been able to grow at a much faster rate than traditional businesses, but the growth of blockchain companies has outpaced big tech companies too. The reason for their rapid success is intrinsic to Web3. Blockchain companies are based on a decentralized system – they run on transparent open sources, which instills trust amongst users.