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Solana Foundation and CoinCDX launch Rs 25 Crore Indian Web3 Developer Grant Program

Solana Foundation partnered with CoinCDX to launch a 250 million rupee (approximately $3 million USD) India Grant program aimed at promoting local Web3 developers to design and develop products on the Solana chain. Over the next few months, the funds from this Grant will be used to launch advanced blockchain education programs as well as a competition similar to a hackathon among Web3 developers. The Solana Foundation will also work with CoinDCX to promote real-world use cases for the public chain, such as loyalty programs and tokenization of real-world assets like stocks, bonds, and real estate.

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