India recorded the highest year-on-year growth in developer participat….

India recorded the highest year-on-year growth in developer participation in 2024, adding more than 4.7 million developers to GitHub. Popular areas of development include gaming, non-fungible token (NFTs), decentralised finance (DeFi), and real-world assets (RWAs) A significant portion of India’s Web3 developers are newcomers, with over 50 per cent having entered the space in the last two years. Most of them are under the age of 27. The report highlights AI, RWAs, and staking solutions as key areas attracting significant investment. The total investment in the sector is expected to reach over $3 billion by 2028, according to the report. The latest ‘India Web3 Landscape’ report by Hashed Emergent showed that the country recorded the most growth in developers in the past 12 months. It was released on Tuesday by the consulting firm Hashed. Emergent, based in Bengaluru, India.

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