Thursday, May 30 2024 | Time 18:10 Hrs(IST)
Business Economy

Autonomy Network partners with T-Hub to build a Web3 Community in Telangana

Hyderabad, Aug 9 (UNI) Autonomy Network, a web3 company at the forefront of no-code NFT (Non-fungible Token) creation, on Tuesday said that it has formed a partnership with T-Hub to introduce web3 and blockchain technology to user groups in Hyderabad.
The collaboration between Autonomy Network, a decentralized network for creators and communities, and Hyderabad-based T-Hub, India's leading innovation hub and ecosystem enabler will result in one of the world's most vibrant web3 communities, Autonomy Network said in a release here.
Autonomy will use its no-code infrastructure to run various community-owned initiatives for Blockchain, Web3, and Metaverse innovators as the community grows.
Through this partnership, T-hub has become one of the most vibrant innovation communities worldwide.
Santosh Yellajosula and Agnes Budzyn, Co-founders of Autonomy Network said, "Hyderabad has one of the best engineering talents to build web3 networks. We believe that in the next few years, we will see the emergence of top projects”.
During the MoU signing, Jayesh Ranjan, Principal Secretary of the Industries & Commerce of Telangana, said, "I congratulate T-Hub and Autonomy Network for commencing this partnership.
Web3 is a globally relevant concept, and during the inaugural ceremony of the T-Hub facility, our IT Minister K T Rama Rao pointed out that 'web3 is a state priority.
We want to take the lead on this opportunity at the state level. We shall announce a regulatory sandbox for web3 soon, he said.
The web3 ecosystem piques the interest of many developers and user groups and companies like Autonomy Network have demonstrated a commitment to further democratizing it with their no-code strategy, which is fantastic.
This is an exciting collaboration for Autonomy Network as T-Hub is the first pilot project to introduce Autonomy's infrastructure to the community for the first time. T-hub community members also gain access to web3 sessions and near-zero blockchain transaction costs,'' Ranjan added.
According to T-Hub’s CEO, Srinivas Rao Mahankali, we've been working with Santosh and Agnes for about four months, and we think this is a significant first step. We'll collaborate closely with Autonomy to create a web3 community.
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