“Domestically, a Telegram ban may have a long-lasting adverse influence on the enterprise improvement and advertising and marketing of the greater than 300 strong web3 initiatives from India,” stated Ayush Ranjan, CEO of Huddle01, a DePIN devoted to creating real-time communication performant. “Tens of millions of Indians are energetic members…disrupting this communication would additionally influence the worth formation of initiatives’ tokens. If the ban goes via, individuals must transfer to different app.”