Supporting India's Crypto Community Growth

Bitget, a cryptocurrency exchange with 100 million users, has partnered with Avalanche to back community initiatives in India, a rapidly growing region for crypto and Web3 developers. The collaboration will allocate over $10 million in mini-grants, scholarships, hackathons, and workshops to the Web3 community, focusing initially on Delhi and Bangalore. Delhi, India's most populous city, and Bangalore, known as the local 'Silicon Valley,' are key areas of interest. Crypto investment in India has surged, with significant activity in Delhi, Bengaluru, and Mumbai. The country's crypto ecosystem growth aligns with global exchanges reentering or exploring the market. India is poised to finalize a trade agreement with the US, aiming to avoid tariffs. The nation is also a significant contributor to Web3 developers globally, with 12% representation and 17% of new developers in 2024.#AirdropStepByStep