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 across the country. The announcement in March generated a great deal of excitement, and numerous 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 contribute to its success.
Core Foundation has introduced the India Innovation Fund, with a $5 million investment to back innovative blockchain projects throughout the country.
Are you ready to push the boundaries of Web3 in this region?
https://t.co/yIzgAI1FAB
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— Core DAO (@Coredao_Org)
May 17, 2024
Core Foundation Invites Applications for the Innovation Fund
Exciting new commitments and ventures are also in progress. In partnership with GravitOn for their V2 Cohort, Core Foundation is committed to providing top-tier assistance and resources for selected projects. Additionally, the Ambassador Program aims to create a movement by seeking Community, Technical, and Student Ambassadors to join and make a difference.
As for India, the potential 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 this growing demand. The Web3 domain is poised for exponential growth with community efforts and incentives for creators.
The India Innovation Fund from Core Foundation is now accepting applications. Whether you’re embarking on a one-year pilot or participating in the exciting and engaging Core Ignition Drop, there is no better time than now to begin working with the Core Foundation team.
India Innovation Fund Empowering 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 to the Core blockchain network powered by Bitcoin. Bitcoin contributes to 50% of the Core blockchain network’s security, with mining hash power unlocking Bitcoin’s utility and rewards.
Core is the most Bitcoin-aligned EVM blockchain, featuring BTCfi, Bitcoin staking, and many other innovative features. With groundbreaking achievements, the Core community has grown exponentially, boasting 2.2 million Twitter followers, 250k Discord members, and millions of Core adopters with over 15 million unique addresses. Furthermore, since its launch in January 2023, there have been a staggering 23 million registered transactions.