On the Tezos blockchain, additional decentralized apps (dApps) are anticipated to be developed as a result of this agreement. As a consequence, dApps based on blockchain provide consumers with greater power over their online interactions, which may reduce the danger of cheating and censorship. For example, new apps to construct decentralized finance (DeFi) initiatives using Tezos might be anticipated, allowing citizens in underdeveloped countries to participate in the international financial system without dealing via traditional financial institutions.
In addition, it is anticipated that initiatives centered on blockchain architecture, Web-3 games, and other NFT usage cases will qualify. This may result in the creation of Web-3 games or NFT usage scenarios, like ticketing. The initiatives’ non-exhaustive range of use scenarios includes communication applications, decentralized finance, gambling, payment services, development tools and infrastructure, and cloud deployment tools.
When questioned about the cooperation, Amanjot Malhotra, Head of Growth for Tezos India, commented, “We are tremendously excited about the Web-3 innovation taking off in India, and we look forward to extending our support of the Indian crypto/Web-3 ecosystem. With the project with Graviton, we demonstrate our dedication to fostering this talent, and the Web-3 community in India is rapidly becoming a global force.”
Graviton’s chief executive officer, Arpit Nik, commented, “Our partnership with Tezos enables us to provide a mission-critical system and coaching to dedicated builders, in addition to seminars that will expand their building experience. We are thrilled and appreciative to be implementing our wide perspective for the Indian Web-3 environment together.”