Synopsis: As ecosystem partners, Tezos India and Graviton have come together to actively support start-up of web3.0 at an early stage with mentorship and insights, integration and technology support, and access to the Tezos community. As a result of this partnership, more decentralized applications (dApps) expected to be built upon Tezos blockchain. The probability of fraud and censorship can be reduced as a result of having more users control over theirs experiences onlinewhich has always been the main motif of blockchains.
Blockchain Adoption Studio Tezos India has joined forces with Graviton as ecosystem partners to provide active assistance to cohort team on mentorship and insights, integration and technology support, and access to the Tezos community. Graviton is one cohort-based incubator for Web-3 companies with high potential. The 16 week program will equip entrepreneurs with knowledge of Web-3 first principleslet them work on problems with mentors and give them access to funds and a smart network. Others known investors of Graviton includes Stacker Ventures, Moonrock Capitaland 369 Capital.
After this partnership, more decentralized applications (dApps) are expected to be built on Tezo’s blockchain. Decentralized apps built on blockchain give users more control over their online experiences as a result, which can help minimize risk of fraud and censorship. For example, more applications to create decentralized finance (DeFi) projects on Tezos can be expected to come in, which will enable people in developing countries to engage in the global financial system without going through conventional financial institutions. It is also expected that projects focused on blockchain infrastructure, Web-3 gamesand different NFT use cases will apply. This can lead to the development of Web-3 games or NFT use cases, such asnothing. Communication apps, decentralized economy, games, payment solutions, developer tools and infrastructureand cloud integration tools are some of them not exhaustive list of use cases of the projects.
When asked about the partnership, Amanjot Malhotra, Head of Growth Tezos India stated, “We are incredibly excited about the Web-3 innovation taking off in India and look forward to continuing our ongoing support to the Indian crypto/Web- 3 ecosystem. With the Graviton initiative, we are demonstrating our commitment to cultivating this talent, and the Web-3 community in India is rapidly becoming a global force.”
Arpit Nik, CEO, Graviton, said, “Partnering with Tezos allows us to provide mission-critical infrastructure and training to passionate builders, as well as workshops that will enrich their building experience. We are both grateful and excited to work hand-in-hand in executing our larger vision for the Indian Web-3 landscape.”
