The Indian Outreach Program | Ocean Protocol
An article preamble to the Indian perspective
It gives us great pleasure to announce the launch of our Indian Ocean program courtesy our grant in during the Round10 of the OceanDAO initiative of creating sustainable data-oriented projects. We have nothing but immense gratitude to our patrons and supporters for our first grant initiative from the Indian Community.
We also made a note of the grant result initiative on our Twitter channel, highlighting our plea made for the Round10 Grant.
Going forward?
What’s next for the Indian outreach and how it aims to different and inspire a new set of standards for community outreach programs across the globe. We believe in a global uptake of the value behind the Oceanprotocol and it will be great to see a group of OceanDAOs contributing positively towards the Ocean Ecosystem.
About the Indian Ocean approach:
It is an especially honest admission that the widespread adoption across India has two facets to it. As mentioned in our grant pitch, it’s evidently known that India boasts a widespread crypto-adoption as one of the 3 countries that were on the spotlight on the Chainalysis report. India, Pakistan & Vietnam [Axie Infinity, anyone?].
India has been notable for the genesis of Polygon from the talented set of founders with one of the most efficient technology stack that basically acts as the Swiss-army-knife derivative of ethereum with very evident advantages leading to a widespread adoption.
On the macro-side of things, it is also notable that there is no stopping to this momentum, with increased investment to garner more attention to the financial internet system with the ongoing Cricket Worldcup featuring increasing number of ads from the cryptocurrency exchanges.
Let’s cut to the chase:
While it is noteworthy that the increasing attention can be good for the country, however it is prudent to note that the attention has been vastly towards the major market cap cryptocurrencies that is attractive for wealthy investors as opposed to newer cap currencies, as of yet.
The Indian ecosystem however boasts a vast set of data-science and AI developers with a vast set of funding available to companies and government initiatives to work on Quality AI projects, given how a platform based approach gives the ecosystem a wider set of audience. Onboarding the traditional Web2.0 developers towards the Web3 ecosystem is still slightly tricky given how unpredictable the Web3 community is looked at.
The emerging Blockchain developers are on the rise, however aren’t enough due to the challenging on-ramp of different programming languages for different blockchains. Out of the 2 million software developers in India, only 5,000 developers possess blockchain skills.
It’s essentially important to understand the macro perspective in India before deep diving into the specifics since the on-ramp of developers need to be sped up in a country of widespread attention and opportunity. The transition from Web2 towards a Web3 economy has enabled anyone to work remotely with limitless connectivity.
About the Ocean Protocol outreach in India:
The beauty of understanding ocean protocol is, that it doesn’t mandate a very difficult on-ramp of developers based on efficiency of a blockchain specific programming language. The Ocean protocol would boasts a very special place to a very beginner developer starting out in Data-science in any part of the country to have a gateway experience towards the tokenized and universal ecosystem.
Data-scientists of all proficiency have a place in Ocean protocol. All that one needs to engage with the ecosystem is a powerful data-set and a meta-mask wallet. Ocean protocol would also be a very good place to start for any beginner before moving onto complex protocols that are ideally meant to have a complex on-boarding process.
With a very head-line based approach towards the Indian perspective, we discuss our mission, vision in the next Medium article.
