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Octaloop Hosts the Third Edition of its India Blockchain Tour in Delhi, Highlights India’s Growing Crypto Adoption

New Delhi, India–(July 17, 2024) – Octaloop, a Web3 marketing and consulting firm, successfully kicked off the third edition of its India Blockchain Tour in Delhi on July 13, 2024. The event, powered by industry giants KuCoin, Interakt, Binamite, and other key players, brought together a diverse crowd of Web3 professionals and degens who are just starting their journey in the space. 

The Delhi leg of the tour featured an impressive lineup of speakers, including Neeraj Gupta, Founder of Interakt; Alvin Hu, Head of Key Accounts at KuCoin; and Devika Mittal, South Asia Head of Avalanche.

The event also consisted of two panel discussions that took center stage, focusing on critical issues shaping the blockchain landscape. The first explored the state of crypto regulation in India and globally, offering attendees a view of the evolving legal framework. The second panel explored the role of community in Web3, emphasizing the importance of user engagement and decentralized networks in the blockchain ecosystem.

The event was a reflection of the growing interest in blockchain technology across India. This diversity underscores India’s position as a growing country for blockchain innovation and adoption.

Recent statistics highlight India’s significant role in the global crypto market. According to a 2023 report by Chainalysis, India ranks among the top 10 countries for crypto adoption, with an estimated 115 million crypto users. Furthermore, investments in Indian blockchain startups have surged, with over $500 million raised in 2023 alone, signaling strong confidence in the country’s blockchain potential.

As the India Blockchain Tour continues its journey across five more cities, it aims to further catalyze the growth of Web3 in the country. By bringing together industry leaders, innovators, and degens, Octaloop is fostering an inclusive ecosystem that promises to position India at the forefront of the global blockchain revolution.

The tour’s next stops are eagerly anticipated, with dates and locations already announced on Octaloop’s official website. As the blockchain landscape in India continues to evolve, events like these play a crucial role in shaping the future of Web3 in the world’s largest democracy.

“The overwhelming response to our events year after year demonstrates the immense potential and enthusiasm for blockchain technology in India,” said Anupam Varshney, Founder at Octaloop. “We’re proud to play a part in nurturing this growing ecosystem and connecting the brilliant minds that will shape the future of Web3 in India and beyond.”

For more information about the India Blockchain Tour and upcoming events, visit https://octaloop.com/indiablockchaintour/