Crypto and UPI ek prem katha

Welcome 🙏to our first ever newsletter titled "Web3 Stash" and this is the Joint #1! The very first edition, with this we are sure to give you some insights about weekly Web3 Stories and some more fun too.

Each edition of our newsletter will be referred to as a Joint. Yes, wahi joint jo 🚬dimaag mein aaya..as we aim at making this newsletter as addictive as a joint.

Only difference being, this newsletter is safe and healthy to consume! Basically, bole toh sabh kuch Web3 milega idhr regularly toh do subscribe 🤌🏻

Abhi let's dive into some good web3 news and trust me it's fun keep reading😭😭🤌🏻 Today we will be covering the following topics -

1. ZachXBT: Saviour or a Villain 💀

2. Namaste Web3 Ahmedabad Chapter🙏

3. Understanding the concept of forking in blockchain🍴

4. India’s $200 Billion Web3 Opportunity 💰

5. Crypto, UPI and Government ki prem katha 🙌🏻

6. Fundraisers of the week 💸

🥶ZachXBT ka Asli Sach🥶

Let's dive into the tale of ZachXBT, a mysterious figure of the internet🤔

Some see him as a hero, saving people from online scams and uniting communities. Others view him as a troublemaker, causing chaos and pulling pranks. The truth remains uncertain like the future of web3 in india🥲🥲

ZachXBT is a bit of both, saviour and villian! He uses his skills for good and mischief. Only the ever changing internet can decide if he's a saviour or a villain.

🙌🏻As a saviour, ZachXBT has fought against online scams 👌🏻and helped rescue trapped users from catfishing trolls. He rallied people for good causes and seemed like a modern day hero.

😳But in a twist, ZachXBT also had a mischievous side. Some claimed he created hilarious memes that made milk come out of your nose. He hacked video game servers for fun and played tricks on online shoppers.

Recently, Tech entrepreneur and crypto figure, Jeffrey Huang, popularly known as Machi Big Brother, has sued him alleging that Zach posted and deliberately manipulated an article that painted him as a thief engaged in market manipulation🫠

Jeffrey asked him to put down the article however Zach being Zach denied a lot! He has massive following and people trust him blindly. 😶

A lawsuit was filed and people came forward to support their favourite blockchain hero Zach! And they have managed to raise a whooping $1 million!💰💰

For More info on the same click here -

So, as you surf the internet keep an eye out for ZachXBT. Whether he's a saviour or a villain, his presence adds a touch of funny trauma to the digital blockchain world👻

🙏Ahmedabad Greets Web3🙏

NAMASTE WEB3 ! No, please don’t imagine me greeting a person named Namaste 🙂 I am talking about an educational and awareness initiative by CoinDCX, in partnership with Forbes India. And it really is an amazing event!

🤌🏻People get to interact with other web3 folks and government officials as well because forbes India is quite influential we all know it 👀

📍The primary focus is to get India ready for the Web3 revolution at a decent pace and make sure that we Indians are amongst the first ones to sail in the Web3 ship! ⛵️

Last week it took place in Ahmedabad and was attended by many Web3 fans from all over Gujrat. The agenda was to discuss the future of Web3 and why the next decade belongs to DeFi. 🌐

Such meetups really need to take place more often and in tier 2 & tier 3 cities as this will ensure each and every corner of india is well educated about web3!🤌🏻 Lets try to organize a web3 stash soon for all our readers 👀

🍴Understanding ”FORKING” in Blockchain🍴

Now, it's time to talk about Forks! Yes, forks but not the fork you use to eat food or poke someone with lol. But the forks we have in blockchain well not exactly fork, we call it Forking! 🍴

Remember how Ethereum Classic was born? 🤔Some of you don't know it for sure so let me explain! Imagine you and your friends from your school days. There is a topper frontbencher 🤓group who feels you and your friends are messing up with the decorum of the class.

You guys being the backbenchers 😎 you decide to retaliate. The topper frontbencher group has already gone to the class teacher and requested to get you and your friend's section changed😑 Similarly, you and your friend's don't wanna miss the new English teacher's class so request your section not to be changed🤌🏻

The teacher decides to do voting so that the entire class can decide if you all should stay in the class or not.👀 Majority of the class votes that you and your friends should stay therefore you guys win🏆 ! (Backbenchers win as always 🤌🏻)

However the teacher is too kind at heart and decides to make a separate section for the front bencher group😭😭😭 and as they are super sincere and example of an ideal student, teacher calls that section “Classic Section” (Boring af😤)

Now let's come back into the world of blockchain. 🔗As you saw how the voting was done and a classic section came to life. Something similar happened a long time back.

Entire Ethereum network was under attack the infamous “DAO ATTACK” after this, the team behind Ethereum came up with new rules and regulations to strengthen security.✅️ However, the entire blockchain network did not agree to this so a process called “FORKING” took place 🤷‍♂️

Forking basically means splitting the blockchain. 🙃Here in this case, the older and original version of Ethereum continued to exist and was called Ethereum Classic while a new version which overcame the security threats continued being simply Ethereum. 😶‍🌫️😶‍🌫️

I hope this explanation cleared the concept of Forking and now I want you guys to share this newsletter within your group and get us some more subscribers!🥺🥺 That's the only fee you guys need to pay for getting many more cool explanations on complicated topics🤌🏻 SUBSCRIBE NOW!

💸India’s $200 Billion Web3 Opportunity💸

Well enough of learning now, let's talk about something fun and dark! Maybe your future 👀 Finee sorry 😂😂😭😭 let's talk about the bright future of Web3 in our country……

The Metaverse is transforming industries worldwide. According to a new report, it is all set to present a $13 billion 💰 opportunity globally and India’s Metaverse and Web3 market is projected to reach $200 billion by 2035! 🤑🤑

That's 200 Billion times more than what the government of india thinks…oh wait 0 multiplied by anything is 0🥲🥲basically the government thinks web3 to be literally 0 in India more on this later in the newsletter keep reading!🥲🥲

Coming back to the future,

👉🏼the retail and financial services sectors will drive Web3 and Metaverse adoption in India. I have a reason for that too, you see retail and finance are 2 domains in India which have seen maximum growth over past decade. 📈📈📈

👉🏼Both the Web3 and Metaverse market opportunities are expected to grow at an annual growth rate of around 40 per cent. 📈This is more than any sector of the Indian Economy. 🫶

👉🏼This growth will be achievable with the corporation of our Government and startup economy.

👉🏼More the number of companies going the Web3 way, faster the cooperation from the government. It all goes hand in hand!🤝

👀Crypto, UPI and Government ki prem katha👀

Jabh baat government ki hi hori hai toh let's start the discussion over UPI 🫶CRYPTO…This combination is much needed, super important. Let me explain you why!

We all use UPI on a day to day basis, some of us even every other hour.💸 How effortlessly this thing works and boy oh boy so damnn fast! Bank notification baad mein aati hai pehle payment ho jaata hai…the UPI Network is super convenient and technologically advanced✅️

The best part being its deep pentetration into the Indian economy and how mass adoption has led to its popularity🌐 This mass adoption point is fairly important keep that in mind.

Coming to Crypto exchanges in India, none of them yes not even a single Crypto exchange in India has acces to UPI😭😭😭😭 If you want to invest or trade in cryptocurrencies you don't really have UPI to pay with! Isiliye toh we are seeing a dip 📉📉in active investors and traders in the Indian crypto scene🥲🥲

If we want faster mass adoption of cryptocurrency in India, we need the government to make UPI accessible to these exchanges asap🤝🤝

One proposal to restore UPI access has been made by an Indian crypto exchange recently and the government in response has formed a committee to look into this matter😌

Now i know, what your concern is HOW WILL I GET TO KNOW IF THEY ENABLE UPI AGAIN FOR CRYPTO EXCHANGES??!!🤔

Chill broo we got you covered! Stay subscribed and ask your Web3 friends too as we will update you on this as soon as we have some progress 😎

✨FUNDRAISERS OF THE WEEK ✨

This was pretty much what we had in the Indian Web3 World this week but wait your stash will never be over without any Web3 Fundraisers 💸💰🤑News!

1. PYOR - POWER YOUR OWN RESEARCH 📈

   This company has managed to raise whooping 33,00,00,000 INR! (33CR).🤑🤑 This indian startup focues on providing reliable data and analytics on digital assets. The seed funding round was led by Castle Island Ventures.💯💯

2. MoHash 🌐-

   This decentralized finance (Defi) protocol harnesses stablecoins for providing access to global capital. They raised about 48,00,00,000 INR (48CR)🤌🏻🤌🏻😭😭 in seed funding from CoinSwitch Ventures India💰💰

This is what the JOINT #1 had to offer we went from forking to fundraisers and we promise to deliver an even better experience next time🤗🤗 so stay subscribed! Also please do me a favor and share this newsletter with your web3 friends 🫂🫂(secret - this will make sure you make good money in web3 world in the coming future)❤️❤️😭😭😭

Thanks for spending your valuable 5 minutes with us, see you soon in JOINT #2!!🫂🫂