Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020

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Web3 to inject $1.1T in India's GDP by 2032, following 37x growth since 2020
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The US and China have the biggest Web3 talent pool, but India is on its way to changing that.

The above graphic shows the global talent pool for Web3, showcasing the US and China overpowering India. However, the study estimates that India’s Web3 talent pool is expected to experience the fastest growth rate in the coming 1-2 years.The Indian Web3 ecosystem caters to a variety of real-world applications and roughly 60% of the local startups expanded their footprint outside India.

Flipverse was developed in collaboration with Polygon-incubated organization eDAO and will support digital collectibles and be made available on Flipkart’s newly online shopping platform, FireDrops.

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