CoinDCX continues to strengthen the Web3 ecosystem in India



Plans two Hackathons for developers, Demo Day for start-ups and will provide a platform for dialogue through its Community Chapter Meet-up in Bengaluru

Bengaluru, December 2, 2022: CoinDCX, India’s leading and most valued crypto exchange,  believes India can lead the world in ushering in a new iteration of the internet, and therefore,  it has the potential to add $1 Trillion to the economy. Against this backdrop, the company has always supported the Web3 ecosystem by mobilizing important players of the ecosystem like builders, entrepreneurs, and enthusiasts to give an impetus to the industry. Continuing its commitment, the company has partnered with leading Web3 companies for a series of events and partnerships this month.

  • ETH India Hackathon: CoinDCX is one of the sponsors of the ETH India Hackathon being held in Bengaluru from December 2nd-4th, 2022. It is expected to bring together over 1500 builders who will work on solving the challenges of decentralized applications. CoinDCX will be providing a problem statement to the participants to build on the projects around Decentralized Finance (DeFi). This hackathon was conceptualized with the goal of inspiring and fostering a community of builders and promoting technological advancements for Ethereum.
  • Polygon Village Wonders Demo Day- Against the backdrop of ETH India, CoinDCX Ventures, the venture arm of CoinDCX,  along with other Web3 players, is hosting an in-person Demo Day on December 5th, 2022, to encourage pioneering Web3 start-ups. The start-ups from the first cohort of Polygon Village Wonders will be attending the Demo Day and pitching to the top investors in the Indian Web 3 community. The Demo Day will provide them access to funding opportunities, insights and information by experts and access to a mentor network.
  • Techstars Startup Weekend Web3: CoinDCX is the lead sponsor of Techstars Startup Weekend Web3 Bengaluru, being organized simultaneously on December 2nd – 4th, 2022, to encourage the developer community to build and innovate. It is a 54-hour-long event designed to provide superior experiential education for technical and non-technical entrepreneurs.
  • Community chapter meet-up: CoinDCX has recently launched its DeFi offering called Okto, which will make DeFi accessible, easy to use, and safe for users. The community will get the chance to be part of the discussion on the current challenges in DeFi, opportunities to build in DeFi and how CoinDCX’s app Okto is enabling Self Custody and prioritizing investors’ safety through this product. The discussion on ‘Building for DeFi with Okto’ will be led by  Neeraj Khandelwal, Co-Founder, CoinDCX, and Hemant Gupta, AVP Engineering, CoinDCX.

Neeraj Khandelwal, Co-Founder, CoinDCX, said: “We are committed to strengthening the Web3 ecosystem and bringing it to its full potential. Partnerships like these help nurture and accelerate the potential of the upcoming builders, developers and start-ups. These events and community meet-ups also help us democratize the core issues and discuss the importance of Web3 and DeFi.”

Rohit Jain, Managing Director, CoinDCX Ventures, said: “We are delighted to be part of ETH India’s Web3 movement. The immense response received from the developer and builder community is very heartening and indicates that we are ready for the next-gen internet. We are grateful to the industry leaders and our partners who always come together and ensure India witnesses a Web3 revolution.”

With the ETH India and Techstars partnership, CoinDCX intends to focus on innovations and building use cases for the mass market adoption of Web3. These collaborations of CoinDCX in the Web3 space are yet another initiative toward CoinDCX’s commitment to realizing the vision of building India’s Web3 ecosystem.

CoinDCX is giving the opportunity to the winners of the CoinDCX problem statement at the ETH India main hackathon to interview for a job opportunity with them. Unlike the usual four rounds of interviews, they’ll directly have the final round and an offer letter if they make it after observing their passion and enthusiasm for Building!

Get more details here: ETH India | Techstars Startup Weekend Web3 Bengaluru|CoinDCX Community Chapter  Bangalore Meet-Up


About CoinDCX

CoinDCX is India’s leading crypto exchange with a mission to create a robust Web3 ecosystem for global customers from India. As a leading crypto exchange, it serves over 15 million users and has recently forayed into offering DeFi services through the Okto wallet app. Built with user experience and security in mind, CoinDCX offers its users innovative products and features. The projects on the platform are listed only after appropriate due diligence through its 7 M principles – a stringent evaluation framework. CoinDCX serves to strengthen innovation within the Web3 ecosystem through CoinDCX Ventures, enhances crypto education through DCX Learn, and continues to be a leading player in India’s crypto industry, furthering crypto trading experience through safety and compliance on the CoinDCX app.

Recognized and awarded for its contribution to the Indian emerging tech space, CoinDCX is backed by investors such as Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures. CoinDCX is ISO Certified and KYC/AML compliant.

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