Cronos, the 1st EVM-compatible layer-1 blockchain constructed at the Cosmos SDK, introduced nowadays the 9 members decided on for the 1st cohort of its flagship $100M-backed Cronos Accelerator Program. The Cronos Accelerator is a 10-week program designed to boost up the expansion of most sensible challenge groups construction at the Cronos chain. The Cronos Accelerator Program is funded by way of […]
The publish Cosmos-built EVM-ready blockchain Cronos selects 1st cohort of $100M accelerator gave the impression first on CryptoNinjas.
Cronos, the 1st EVM-compatible layer-1 blockchain built on the Cosmos SDK, introduced nowadays the 9 members decided on for the 1st cohort of its flagship $100M-backed Cronos Accelerator Program.
The Cronos Accelerator is a 10-week program designed to boost up the expansion of most sensible challenge groups construction at the Cronos chain. The Cronos Accelerator Program is funded by way of the $100M Cronos Ecosystem Fund and can characteristic 3-Four accelerator cohorts according to yr.
Because the reputable announcement of the Cronos Accelerator Program in June, Cronos won over 300 packages throughout quite a few DeFi, web3 gaming, and infrastructure initiatives.
Candidates have been assessed in keeping with their marketplace doable, product good looks, staff revel in, and the synergies they’ve with Cronos Chain.
After a rigorous variety procedure, Cronos Labs has decided on the next 9 members for its inaugural accelerator cohort:
1. D.G.Pals (Web3 Gaming)
D.G.Friends is an interoperable multi-game, multi-genre NFT web3 Gaming Mission throughout V-pet simulator, 5v5 auto-battler, Digital the town, Simulation SLG Tower Protection.
2. Eyeball Pool (Web3 Gaming)
Eyeball Pool is a multiplayer skill-based cellular sport that shall we avid gamers make the most of NFTs throughout Pool occasions, tournaments, and head-to-head video games to earn rewards.
3. Harbor (Web3 Gaming)
Harbor objectives to be a internet 2.Five multi-genre cellular gaming platform amplifying Unfastened-to-Play studies with a crypto-economic layer.
4. The New Resistance (Web3 Gaming)
The New Resistance is a First Particular person Shooter sport providing each a Multiplayer PvP revel in with customized sport modes and a Co-op PvE Generative Dungeon.
5. Wild Forest (Web3 Gaming)
Wild Wooded area is a Unfastened-to-Play & Play-to-Earn cellular real-time technique sport with direct unit regulate, and deep card gathering components.
6. Bubble Maps (Infrastructure Analytics)
Bubblemaps is a provide auditing and analytics visualization tool for tokens and NFTs. The platform’s distinctive and colourful bubbles make on-chain information simple to grasp.
7. Meshlink (Infrastructure Analytics)
Meshlink is an all-in-one smart-contract control and transaction analytics platform.
8. ReferReach (SocialFi)
ReferReach is the first-of-its-kind referral platform that shall we customers simply uncover, prepare and prioritize industry referrals. The platform integrates synthetic intelligence with customers’ community wisdom to create extra industry alternatives.
9. Glass Finance (DeFi)
Glass Finance is a DeFi protocol providing an leading edge Discretized-Liquidity-AMM DEX type that maximizes capital potency by way of permitting customers to deploy liquidity in sure worth ticks and enabling non-custodial on-chain prohibit orders.
Those 9 members might be matched with respected business mentors who might be offering them with devoted mentorship. Moreover, those members will get pleasure from weekly workshops led by way of Cronos labs and exterior subject material mavens, masking key subjects in relation to early-stage protocol construction.
“Cronos is devoted to supporting a colourful and rising ecosystem of dApps and customers of DeFi, GameFi, SocialFi, and infrastructure analytics. In the long run, this primary cohort of the Cronos Accelerator Programme established a precedent for our program to champion initiatives that experience the prospective to prepared the ground in attractive and onboarding the following era of web3 customers. We’re desperate to be running intently with those remarkable members to speedy observe their enlargement on Cronos and past.”
– Ken Timsit, Managing Director of Cronos
The Cronos Accelerator includes a line-up a gamble budget, gaming guilds, and infrastructure companions who will supply toughen to the members via workshops and panel discussions.
Companions come with Spartan Labs, Mechanism Capital, Crypto.com Capital, Ubisoft, IOSG Ventures, OKX Blockdream Ventures, Lingfeng Innovation Fund, Protocol Labs, Altcoin Buzz, Dorahacks, NGC Metaverse Ventures, AP Capital, Simmons & Simmons, AvocadoDAO, PathDAO, Re:base Ventures, and extra.
Moreover, the Cronos Accelerator has additionally onboarded a number of mentors who will be offering devoted mentorship and adapted recommendation to the members.
Mentors come with:
- Benson Yan (Spouse, OKX Blockdream Ventures)
- Eric Yang (Managing Spouse, Elementary Labs)
- Eugin Lee (Angel Investor)
- Eva Wu (Essential, Mechanism Capital)
- Jon Russell (Spouse, Crypto.com Capital)
- Josh Wang (Mission Investor, PathDAO)
- Ken Timsit (Managing Director, Cronos Labs)
- Nicole Zhang (Spouse, Lingfeng Innovation Fund)
- Queenie Wu (Spouse, IOSG Ventures)
- Shashwat Gupta (CEO & Founder, Altcoin Buzz)
- Shaun Heng (Head of Spartan Labs)
- Usman Choudhry (Head of Crypto, AP Capital)
- Zihao Chen (Managing Director, NGC Metaverse Ventures)
“Cronos has temporarily transform one of the crucial main web3 ecosystems and I’m excited to look its development super-charged with the Cronos Accelerator program. The road-up of high quality mentors and get entry to to assets will allow founders and groups who input this system to construct impactful web3 firms.”
– Jon Russell, Funding Spouse at Crypto.com Capital
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