Veera, the India-founded internet browser, which recently introduced a range of Web3 capabilities integrated into its existing super-fast browser to position itself as one of the first platforms to offer a comprehensive Web3 discovery experience, has now expanded its availability to 108 countries, bringing its suite of Web3 features to a global audience.
Developed to address the complexities associated with Web3, aiming to simplify user interactions with decentralized technologies, Veera has scaled to 4mn users in less than a year of its launch, with a monthly active user base of 1Mn+, a daily active user base of 100k+, and an average time spent of over 13 mins per day.
The overall Web3 user base is expected to be between 100-200mn globally and this market is projected to grow to USD 104.04 billion by 2032, growing at a CAGR of 45.47% over the forecast period of 2024-2032.
But the tell tale doesn’t end here as Veera has also indicated that its future plans include an upcoming iOS launch to extend its ecosystem to iPhone users.
“We are super excited to take Veera to over 100 markets, a feat that very few Indian products have managed to achieve within the first year of launch. I’m super grateful to the team, our investors, and our user base for giving us this confidence. Our goal with Veera was to build a product that genuinely adds value to users’ lives. We have always been a gateway to the internet for our users—now, we’re also a gateway to the world of Web3. We believe the future of the internet is decentralized, and Veera is designed to make that future accessible to everyone. We are conscious of the responsibility we have to provide the best possible experience as we now become a global product catering to various tastes and use cases. But this is just the beginning. We have so much more in store for users across the world,” said Arjun Ghose, Founder and CEO, of Veera.
“Veera isn’t just a browser; it’s a gateway to the decentralized world because it packs the power of a browser, crypto wallet, DApp store and gives users a gateway to the world of Web3. Our mission is simple: empower users with a secure, privacy-focused, and rewarding Web3 experience. Our intuitive UX simplifies access to Web3 onboarding while preserving user autonomy, helping us shape the next era of the internet,” added Sukhdeep Bhogal, COO and CPO, Veera.