Summary:
Cronos Labs has announced the launch of its third cohort of the Cronos Accelerator Program, a startup accelerator focused on boosting DeFi, GameFi, and the development of the Cronos ecosystem. The program provides selected early-stage crypto projects with networking, mentorship, and funding opportunities. The third cohort received a 57% increase in applications compared to the previous cohort, and five projects have been selected to participate. These projects will receive upfront seed funding and will focus on the intersection of artificial intelligence and blockchain to accelerate Web3 adoption.
Introduction:
Cronos Labs has revealed the third cohort of its Cronos Accelerator Program, which aims to support early-stage crypto projects building on the Cronos ecosystem. The program provides networking, mentorship, and funding opportunities to selected projects. The third cohort has seen a significant increase in applications, indicating a growing interest in Web3 applications and advanced use cases for blockchain technology.
Main Points:
– The Cronos Accelerator Program has announced its third cohort, with a focus on the intersection of artificial intelligence and blockchain.
– The program received a 57% increase in applications compared to the previous cohort.
– Five projects have been selected to participate in the program and will receive upfront seed funding.
– Projects in the third cohort will collaborate with Cronos Labs and receive a curriculum centered around large language models.
– The program offers support from 50+ partners and 100+ mentors in the Cronos ecosystem, including experts and workshops from Protocol Labs, GSR, Certik, and more.
– The selected projects will participate in a Demo Day in April 2024, where they will pitch their ideas and secure further seed funding.
Conclusion:
Cronos Labs has launched its third cohort of the Cronos Accelerator Program, aimed at supporting early-stage crypto projects building on the Cronos ecosystem. The program has seen a significant increase in applications, indicating a growing interest in Web3 and advanced blockchain use cases. The selected projects will receive upfront seed funding and will focus on combining artificial intelligence and blockchain technology. The program offers support from partners and mentors within the Cronos ecosystem, and participants will have the opportunity to showcase their projects and secure further funding at Demo Day.