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- 🇮🇳What is India BUIDLING?
🇮🇳What is India BUIDLING?
And the market is RED
Good Morning Switchers 🤗
👋Welcome to Switch Daily.
How was your weekend? Did you catch up on the football Word Cup match last night?
Anyway, hope you are pumped up for the new week coz today we bring to you the first of many Switch Daily Specials. Before we get to it, here’s a quick roundup on the market.
The crypto market is down by ~5% since yesterday.
The major coins BTC and ETH have also lost value and are trading at $15,959.36 and $1,118.00 respectively.
The fear and greed index is at 21/100 pointing towards extreme fear in the market.
Well, that’s another day in the bear market. While the market is doing its thing, the Web3 community is focused on BUIDLING a better future. Let’s get a glimpse of what’s happening.
BTW, if you like reading this newsletter, give us a shout out on Twitter and get your friends to subscribe. It will mean a great deal to us!
Market pulse 📈
25 Rising 🇮🇳Web3 projects
There are over 450 Web3 startups in India. Yep, for real!
The Web3 space in India is buzzing with so many ideas taking shape and solving real problems. But we don’t really know many of them, do we?
So, we scrubbed through the internet, went to ‘n’ number of Web3 meetups, contacted almost all the Web3 DAOs in the space, and put down a hot list of 25 Indian Web3 projects that are solving users' problems, basically our problems. Here we go!
1. Legitdoc
Legitdoc offers a blockchain-based system for issuing and verifying digital documents. And since the process is on the blockchain, these documents cannot be altered in any way. In fact, these are the folks that enabled blockchain-based educational certificates for the Maharashtra government.
2. Statwig
StaTwig is a SaaS firm that addresses supply chain issues like stockouts, black marketing, and counterfeiting by tracking every product's route through the supply chains. They are the brains behind Vaccine Ledger, a solution that aids numerous health agencies with the Covid-19 vaccines.
3. Commit Pool
It's basically a platform built on Polygon's Web3 platform that combines self-care goals with cryptocurrency rewards. A user can commit to a goal, stake some DAI on achieving the goal, and get rewarded after the goal is achieved. Commit Pool is like a fitness tracker that pays out in cryptocurrency—but instead of counting steps or calories burned, it counts DAI staked.
4. Oracle movies
OracleMovies is India’s first NFT movie marketplace. The NFT platform creates and sells NFTs from movies in multiple languages, such as Tamil, Telugu, Kannada, Malayalam, Hindi, and English. They are introducing to Indian cinema the world's best film creation, distribution, and collection management techniques.
5. Filmrare
It is a metaverse venue development company. Filmrare builds and hosts events for brands in the metaverse. They also own the first ever cineplex on Decentraland, which hosts regular film screenings – short films, indie creators, etc.
6. Drife
Imagine Uber but decentralized. Drife offers a decentralized platform that gives the power to the rider and the driver with zero surge prices, no commission fees from drivers, and open governance & transparency that popular ride-hailing services such as Ola & Uber do not offer.
7. The Ally
Does the world need a web3 OTT platform? Yes. Enter 'The Ally'.. Through a decentralized distribution network, video creators, rightsholders, and aggregators can gain full control over their content. You can also create your own OTT platform with a pay-per-view model on the Ally.
8. Zippy fitness Inc
Zippy claims to be the world’s first move to earn metaverse. It is designed to make indoor running more fun and interactive. The platform enables you to get sports insights from your favorite athletes and to run through the most scenic routes like Beach Run, Jungle Safari, or Mountain Trail while listening to ambient soundscapes.
9. wowTalkies
wowTalkies is a paradise for movie and sports fans. The platform brings together fans, artists, studios, and communities. Imagine having a single platform for all your cricket collectibles. The platform offers an NFT marketplace, AR filters, AR avatars, engage-to-earn programs, and much more.
10. 3Brewte
This project is for content creators in the house. 3Brewte enables creators to create and monetize their communities on the platform. It works both ways; creators and folks consume content without distractions. It also enables you to invest in your favorite content creator and share a portion of success.
11. Deefy
This platform is aiming to make NFTs inexpensive and super liquid. Deefy is like a fintech platform for NFTs. It allows you to rent, loan, and get EMI options on NFT without any collateral. Cool right?
12. Huddle01
Looking for a web3 alternative to Zoom? Look no further than Huddle01. It is a video calling and communications platform that operates without the use of centralized servers. As a result, it can achieve low latency and high performance.
13. Orb
Orb is building a decentralized, permissionless and non-custodial social network. Meaning, you can have full ownership of the content you create on Orb. It also enables users to make money from their content in their own terms. No strings attached.
14. Autonomy Network
Autonomy Network is a Web3 platform created to boost the creator economy. Their no-code, decentralized network enables folks to build new tokens and nurture their communities seamlessly. They recently partnered with Sony films to release the ‘Kesariya NFT’.
15. Manifest studios
They are a super-agency for web3 ecosystems, games & metaverse. Manifest studios help brands harness the potential of web3 with super-charged solutions and consultancy. They also incubate & innovate web3 projects from ideation to launch.
16. One Rare
OneRare is developing a foodverse (food-based metaverse) to bring food into Web3. The platform enables you to claim NFTs from Your Favorite Chefs, Brands, and Restaurants, Gain Access to Culinary & Social Food Experiences, Compete & Earn in their Gaming Zone, and Swap NFTs for Real Meals.
17. Flaq
It is a community-driven educational platform that aims to onboard web2 users to web3. Flaq provides an accessible and interactive educational platform where you learn web3 through structured, curated, easy-to-understand educational content through interactive simulations.
18. Binocs
It is a tax management platform that allows you to connect all your crypto wallets in one place. Binocs offers portfolio management services and quickly calculates the tax payable on your crypto portfolio. Think of them like ClearTax but for crypto.
19. Fantiger
Fantiger is a music NFT platform. It allows you to invest in music NFTs and share a piece of their profits through royalties.
20. 3tdao.com
This project is trying its hand at monetizing telecom towers. Since telecom is a massive business in India, 3tdao offers a way to earn rent on towers through NFTs. If you own their NFT, you are entitled to a percentage of ROI from the towers annually.
21. Rivametaverse
Rivametaverse is a decentralized travel organization. The platform offers a complete travel package in the metaverse by bringing together aggregators of Airlines, Hotels, Service providers, and Travel Lovers without intermediaries. They have set up a concierge in the metaverse as well.
22. Talentedhippo
This one is a learn-in-the-metaverse platform for kids. Talented Hippo is bringing education closer to Web3 by offering fun and immersive learning experiences for school kids.
23. Blocksurvey.io
Tired of google forms? Check out Block Survey! They offer end-to-end encrypted forms & surveys for those who are weary of data privacy. The platform is built on the blockchain and ensures that any data shared via their forms are kept safe.
24. KoinX
This one is a crypto tax management platform. KoinX is working towards simplifying managing crypto taxes, portfolios, and accounting. Their automated accounting systems enable their users to stay compliant with ease.
25. Eddaverse
By launching products, services, and communities, EDDAVerse enables athletes, celebrities, foundations, companies, IPs, and brands to enter Web3, NFTs, and the Metaverse. EDDAVerse also creates and releases its characters (IPs).
Our list ends here, but if you are running a kickass new Web3 project or have a friend who is BUIDLing something cool in Web3 and don’t find your creation listed in this issue, feel free to reply to this email with the business name and details. If the number adds up, we will be happy to do part 2 of 🇮🇳Web3 projects to look out for.
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See you tomorrow, folks. 👋
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