Binance has announced the launch of “Build for Bharat,” a new hackathon and accelerator program for the DeFi ecosystem in India. The announcement came on in a on Binance’s official blog on August 23rd.
According to the announcement, the hackathon aspect of the new program is also sponsored by Google Cloud, Matic Network, Marlin Protocol, Band Protocol, Ankr cloud infrastructure while the acceleration is sponsored by Polaris Accelerator Program.
The project is currently seeking startup companies and individual developers “who work on Mini-Tokens, Micro Financing Products, Blockchain Datasets, Blockchain-AI Solutions and more.”
Crypto entrepreneurs who are working on building a proof-of-concept, developing minimal viable products (MVP), and other innovative use cases for blockchain are also encouraged to apply.
Winning teams will also gain access and support from Binance’s blockchain ecosystem, which includes Binance Chain, Binance Cloud, Binance Launchpad, Binance DEX, and more.
“India has been one of the most interesting countries Binance has tapped into.”
The new initiative represents the latest of Binance’s India-focused efforts. Binance originally
Since then, the company has launched a number of other projects, including Blockchain for India and Polaris. support the development and growth of blockchain startups in India; Polaris is a program that helps crypto-entrepreneur and startups
“India has been one of the most interesting countries Binance has tapped into,” said Changpeng Zhao (CZ), Binance’s chief executive, in the blog post announcing Build for Bharat.
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