Global Investors Meet: IT firms discuss Web 3 and Web 5

India is one of the most rapidly growing hot spots for Web 3. These companies are remote first. You can work from anywhere. It opens up access and democratisation, said Nana Murugesan, vice president, business development, Coinbase. Murugesan added that 500 companies were working on Web 3 out of which four were unicorns already. “Even though most of these companies were in tier-1 cities, we are seeing rapid growth from tier-2 and tier-3,” he said.