OKX Announces Sponsorship of India Blockchain Week's Key Events

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India is rapidly emerging as a global hub for blockchain innovation, and the upcoming India Blockchain Week (IBW) in December will spotlight the nation’s growing influence in the Web3 ecosystem. At the heart of this momentum is OKX, a leading Web3 technology company, which has announced its official sponsorship of key events during IBW, including Polygon Connect and ETH India. The week-long series will take place at the Sheraton Grand Whitefield in Bangalore, bringing together developers, entrepreneurs, and thought leaders to shape the future of decentralized technologies.

As a strategic partner, OKX will not only sponsor major events but also co-host two developer mixers aimed at fostering collaboration and innovation within the Indian Web3 community. These initiatives underscore OKX’s commitment to empowering builders and accelerating the adoption of scalable, secure blockchain solutions across the region.

Advancing Web3 Innovation Through Strategic Partnerships

At Polygon Connect, one of the flagship events of India Blockchain Week, OKX Director of Product (Web3), Ankit Bhatia, will deliver a keynote address on the main stage. His talk will focus on OKX’s cutting-edge Web3 infrastructure, particularly X1—an advanced Ethereum-based Zero Knowledge (ZK) Layer-2 network built using the Polygon Chain Development Kit (CDK). This next-generation L2 solution offers enhanced scalability, security, and low transaction fees, making it ideal for decentralized applications and developer ecosystems.

Bhatia will also join a panel discussion titled “Abstracting the Essence of Web3,” where he’ll explore how developers can simplify complex blockchain interactions to drive mass adoption. The session promises insights into user experience design, modular architecture, and interoperability—critical components for building intuitive Web3 platforms.

👉 Discover how Web3 infrastructure is evolving to support tomorrow’s decentralized apps.

Fueling Developer Talent at ETH India Hackathon

The ETH India hackathon, hosted at KTPO Convention Centre in Whitefield, represents a major opportunity for developers to innovate within the Ethereum ecosystem. OKX is elevating participation by hosting its own dedicated hackathon track focused on its X1 zkEVM Layer 2 network. Developers are invited to build creative, impactful projects leveraging X1’s ZK-powered infrastructure.

The most promising X1-related project will receive a $5,000 prize, incentivizing high-quality development and real-world use cases. Additionally, attendees visiting the OKX booth can mint a free NFT via the OKX NFT Marketplace and receive exclusive branded merchandise—including limited-edition cricket balls—a nod to India’s deep cultural connection with the sport.

This blend of technical challenge and community engagement reflects OKX’s dual mission: advancing blockchain technology while building meaningful connections with local audiences.

Engaging the Indian Web3 Community

Beyond event sponsorships, OKX is launching a targeted giveaway for Indian users to deepen engagement. To participate, users must follow OKX India on X (formerly Twitter), download the OKX Wallet, and top up their wallet with any amount of cryptocurrency. Participants will be entered into a draw for a share of 2,000 MATIC tokens, creating an accessible entry point for new users to explore Web3.

Thomas Chou, OKX Head of Product Marketing (Web3), will further contribute to the discourse by joining a panel titled “Maximizing Global Reach: GTM Strategies for Web3.” Alongside executives from Kyber Network, Caliber, Mantle, and Polygon, Chou will discuss effective go-to-market strategies for Web3 products in emerging markets—emphasizing localization, community building, and product-led growth.

Strengthening Ties with India’s Developer Ecosystem

OKX Chief Marketing Officer Haider Rafique emphasized the company’s long-term vision:

“We prioritize strengthening relationships with Web3 developers and builders in India and globally. By sponsoring and co-hosting India Blockchain Week events, we will engage with developers, thinkers, and entrepreneurs who we hope will be interested in shaping the growth of our Web3 innovations, including the newly launched X1 network. We're excited to make a strong impact in the thriving Indian developer community this week.”

This strategic outreach aligns with broader efforts to localize OKX’s offerings. Recently, the platform introduced Hindi language support in its Web3 wallet—making decentralized tools more accessible to millions of non-English speakers across India.

👉 Explore how localized innovation is driving Web3 adoption in emerging markets.

Aligning with Cultural Moments: The 'Be a Crypto Player' Campaign

OKX’s presence in India extends beyond technical initiatives. The company recently launched its “Be a Crypto Player” ad campaign—a cricket-themed initiative timed to coincide with the 2023 international cricket championship final between India and Australia in Ahmedabad. Available in both Hindi and English, the campaign positions OKX as a key player in India’s digital transformation journey.

By aligning with one of the most-watched sporting events in the country, OKX effectively bridges pop culture and technology—introducing blockchain concepts to mainstream audiences through relatable narratives.

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Frequently Asked Questions

Q: What is India Blockchain Week?
A: India Blockchain Week (IBW) is the country’s premier series of blockchain and Web3 events, bringing together innovators, developers, and industry leaders to discuss advancements in decentralized technology.

Q: What role does OKX play in IBW 2025?
A: OKX is sponsoring key events like Polygon Connect and ETH India, co-hosting developer mixers, supporting a hackathon on its X1 zkEVM network, and participating in expert panels on Web3 innovation and market expansion.

Q: What is the OKX X1 network?
A: X1 is an Ethereum-based Zero Knowledge (ZK) Layer-2 network developed by OKX using Polygon CDK. It provides scalable, secure infrastructure for decentralized applications with low fees and high throughput.

Q: How can developers participate in the OKX hackathon at ETH India?
A: Developers can join by submitting innovative projects built on or integrated with the X1 zkEVM Layer 2 network during the ETH India event. The top project wins $5,000.

Q: Is there a way for Indian users to earn crypto through OKX promotions?
A: Yes. Indian users can enter a giveaway by following OKX India on X, downloading the OKX Wallet, and topping up their wallet with crypto for a chance to win a share of 2,000 MATIC tokens.

Q: Does OKX support local languages for Indian users?
A: Yes. OKX recently added Hindi language support to its Web3 wallet, improving accessibility for millions of users across India.

👉 Start building on a secure, scalable ZK-powered Layer 2 network today.

With its multifaceted approach—spanning developer empowerment, community engagement, cultural relevance, and technological advancement—OKX is solidifying its position as a catalyst for Web3 growth in one of the world’s most dynamic tech markets.