New Web3 Network Aims to Bring Decentralization to 10 Million Indians
A new Web3 network, focused on Indian adoption, is set to revolutionize the market. The website aims to unlock massive Web3 adoption and make decentralization accessible, starting with a Phase 1 goal of reaching 10 million Indian users.
The roadmap is divided into two phases. Phase 1 focuses on reaching 10 million users, prioritizing India for growth. The website's mission, since 2022, has been to unlock Web3 adoption at massive scale.
The network, set to launch its EVM testnet soon, will provide full EVM compatibility, proof-of-stake consensus, low fees, and high throughput. It aims to accelerate adoption by integrating proven, open-source EVM software into its Layer 1 network.
The token-only mainnet was launched in May 2025 with a sharding architecture, delivering low fees and unprecedented validator accessibility. A token split (redenomination) is planned to make SHM more accessible, with a 1:240 split and no dilution. Validators will continue to play a crucial role, with active validator slots determined by the amount staked.
The upcoming EVM testnet launch paves the way for smart contract deployment on the mainnet. With a focus on Indian users and a commitment to accessibility, this Web3 network seeks to bring decentralization to the masses. The token split ensures SHM remains accessible without dilution, further encouraging widespread adoption.
