Core Foundation has made a significant move in India by launching the India Innovation Fund, which aims to invest $5 million in supporting innovative blockchain projects throughout the country. The announcement of this initiative in March generated a great deal of excitement, and many projects are already in progress. ETH Mumbai and strategic partnerships with leading venture capitalists have demonstrated a strong commitment to driving the growth of Web3 and supporting the talented individuals who are fueling its rise.
Core Foundation has introduced the India Innovation Fund, with a $5 million investment to back groundbreaking blockchain projects across the nation.
Are you ready to push the boundaries of Web3 in this region?
Core DAO (@Coredao_Org)
May 17, 2024
Core Foundation is now inviting applications for the Innovation Fund.
There are also exciting new commitments and ventures in the pipeline. In collaboration with GravitOn for their V2 Cohort, Core Foundation is committed to offering top-tier assistance and resources to selected projects. Additionally, the Ambassador Program is building a movement, seeking Community, Technical, and Student Ambassadors to join and make a difference.
The potential in India is promising. Regional hackathons, college workshops, and impressive events are on the horizon. A wave of fascinating decentralized applications (DApps) is ready to connect to the Core chain, and the Core Foundation is prepared to meet the growing demand. The Web3 domain has been established for exponential growth through community efforts and maker perks.
The India Innovation Fund from Core Foundation is now open for applications. Whether you are embarking on a one-year pilot or participating in the exciting Core Ignition Drop, there is no better time than now to start working with the Core Foundation team.
India Innovation Fund to Empower Decentralized Growth
Core Foundation is leading Web3 innovation in India, paving the way for a bright future. The India Innovation Fund brings decentralized growth and empowerment within reach. It is a layer-one blockchain for EVM-Compatible smart contracts, connected by the Core blockchain network and powered by Bitcoin. Bitcoin contributes 50% of the Core blockchain network’s security through mining hash power, which is rewarded with Bitcoin utility and rewards.
Core is the most Bitcoin-aligned EVM blockchain, featuring BTCfi, Bitcoin staking, and much more. With groundbreaking advancements, the community has grown to include 2.2 million Twitter followers, 250k Discord members, millions of Core adopters, and over 15 million unique addresses. Furthermore, since its launch in January 2023, there have been a staggering 23 million registered transactions.
