Cointelegraph Accelerator Kick-starts Second Cohort of Web3 Start-ups to Drive Innovation
Summary:
Cointelegraph Accelerator, a start-up booster, has announced its second cohort for October 2023, promoting emerging Web3 start-ups. Sixteen selected participants out of over a thousand applicants represent diverse Web3 sectors. By becoming a part of the program, these start-ups get marketing strategy advice, access to media products, and mentorship from industry experts. They also gain access to a wide industry network of investors and leaders. These start-ups focus on DeFi, social engagement, data storage, digital assets, education, and entertainment, innovating across major sectors within the blockchain space.
In October 2023, Cointelegraph Accelerator, a start-up booster integrated with Cointelegraph's wide-ranging capacities as a strategic media partner, declared the initiation of its second group, geared to support emerging Web3 start-ups. The second batch of 16 start-ups out of more than a thousand applicants epitomize a broad spectrum of Web3 sectors such as decentralized finance (DeFi), fintech, wallets, entertainment, social, and GameFi. By becoming part of this accelerator program, Web3 start-ups will achieve input on marketing strategies, opportunities to utilize Cointelegraph media resources and receive mentorship centered around significant aspects of start-up development such as token design, funding, legality, liquidity management, and security among others. They can also connect with Cointelegraph's wide industry network of investors, foundational partners, infrastructure partners and other industry leaders.
These 16 participants in the current Cointelegraph Accelerator batch are focused on innovations in major sectors within the blockchain space. Let's get acquainted with them:
In the world of DeFi and trading, these start-ups are making efforts to tie together traditional and decentralized finance. Introducing unique solutions to improve accessibility, transparency and efficiency, these innovators are transforming trading and financial management practices for mainstream consumers.
Changex is a finance app designed for non-experts which aims to attract traditional finance users to Web3. It offers the same functionalities as a self-custody wallet solution, an integrated hub to perform crypto swapping, purchasing, selling, and staking. CryptoRobotics is a trading site with advanced tools that creates a community-oriented environment for crypto enthusiasts. Clip Finance is a DeFi protocol that profitably utilizes the investment strategies of the mainstream audience and other protocols for their benefit.
Meanwhile, Renegade blends traditional banking with cryptocurrencies and provides a Visa card for transactions in major cryptocurrencies such as BTC and ETH. MC² Finance delivers easy and user-friendly tools and options to facilitate improved crypto wealth management.
Nolus, a semi-permissioned blockchain-based platform connects lenders and borrowers in a decentralized money market. Velvet Capital offers fund creation and management services on the BNB Chain plus DeFi-as-a-Service for institutional clients.
WhiteList Zone provides a marketplace for crypto investors to acquire exclusive rights to participate in launch events of Web3 projects.
In the realm of data storage and digital assets, GhostDrive uses the InterPlanetary File System (IPFS) and Filecoin for data storage while NGRAVE provides a complete solution for full control of digital assets.
For social engagement and financial services, Pop Social unifies social interactions with financial incentives while ReadON distributes ad revenue back to content creators and users.
GAMI, a Web3-centered venture builder offers various products tailored to the blockchain industry, and it's flagship product Midle helps optimize user acquisition and engagement with the Web3 community.
In the education and HR sectors, Talentre offers a platform for blockchain education courses and certified talent pool while also serving more than 50 universities.
Meanwhile, in the entertainment sector, Replay brings blockchain technology into streaming services, rewarding viewers and creators with digital tokens and collectibles. Fanton integrates Web3 into the beloved game of fantasy football, enabling players to turn soccer superstars into NFT cards and earn points based on actual match performances.
Published At
10/27/2023 2:43:00 PM
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