Mudrex, a Y-Combinator-backed crypto investment platform based in Bangalore and San Francisco, has announced the launch of the Web3.0 community called “WAGMI” on the occasion of National Youth Day.

According to the platform, WAGMI is a student-run community that was founded to bridge the technology gap after a six-month trial period. The community is believed to have partnered with 20 clubs in 15 Indian colleges and universities including IIT, NIT, ISB, FMS and MDI in places like Delhi, Hyderabad, Madras, Guwahati, Kanpur, Dhanbad and Roorkee.

WAGMI is reportedly an initiative by Mudrex that aims to encourage students to innovate in the Web3.0 space through events like live projects, trivia, case competitions, AMA sessions, panel discussions, among others, with industry experts. Furthermore, insights from a survey conducted showed that 54% of students stated that they are likely to recommend WAGMI to their peers. The community claims to have also seen average growth of 79.75% month-over-month and 23% engagement.

“We look forward to announcing the launch of WAGMI. At Mudrex, we believe in the power of technology to drive innovation and change. We believe WAGMI will provide a platform for students to learn, connect and grow, and we believe this community will have an impact in the world of technology. We look forward to seeing what the future holds for WAGMI and its members,” said Edul Patel, co-founder and CEO of Mudrex.

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