XinFin XDC Network and Foundership Inaugurate XDC 0xCamp Accelerator Program to Propel Global Web3 Startups

Singapore, Singapore, September 2nd, 2024, Chainwire

XinFin XDC Network, an EVM-compatible Layer 1 blockchain, and Foundership, the leading global Web3 accelerator, have announced the kickstart of the 12-week XDC 0xCamp accelerator program. This initiative is designed to provide a transformative platform for 6 innovative startups selected from hundreds of applications worldwide. These startups will participate in a comprehensive 90-day Token Launch Ready program, aimed at accelerating their growth and success within the Web3 ecosystem.

In addition to mainnet integration with the XDC Network, each project will mint its native tokens on XDC and contribute unique products and protocols across diverse sectors such as Real World Assets (RWA), SocialFi, Gaming, Sports, and DeFi.

The XDC 0xCamp program offers these startups strategic guidance from best-in-class industry mentors, helping them refine their business ideas, design effective tokenomics, develop go-to-market strategies, and receive technical support—all crucial elements for a successful token launch.

A key highlight of the program will be a demo day held during Token2049 in Singapore with the Web3 venture capitalists and angel investors will be invited to meet the startups ready for investment.

By the end of the program, each startup qualifies to receive up to $100,000 in investments from XVC Tech, based on the milestones achieved in the Token Launch Ready Program.

The participating teams comprise remarkable founders developing the next generation of groundbreaking products and protocols, leveraging the XinFin XDC Network’s Layer 1 technology. Foundership will provide contextual acceleration tailored to each startup’s specific needs, covering areas such as tokenomics, business growth, KOLs (Key Opinion Leaders), launchpads, exchanges, market makers, and all other essential elements required to achieve a Token Generation Event (TGE) upon Program Completion.

Ritesh Kakkad, Co-Founder at XinFin XDC Network, stated: “The launch of the XDC 0xCamp Accelerator Program represents a pivotal moment for the Web3 space. By partnering with Foundership, we are opening new avenues for startups to innovate and build on the XDC Network. Our network is designed to support and scale groundbreaking projects, and we are excited to see the transformative solutions these teams will bring to the Web3 ecosystem. This initiative not only fosters technological advancement but also strengthens our commitment to empowering visionary entrepreneurs who are shaping the future of blockchain”

Santosh Panda & Bimlesh Gundurao, Co-Founders at Foundership, said: “We are super excited to announce the teams joining us on the XDC 0xCamp accelerator program. The 6 teams are leading the way in building truly multichain applications leveraging the XinFin XDC Network Layer 1 tech stack, and we are super excited to support them in their progress and token launch on XDC Network.”

Pranav Agarwal, Head of Capital at Foundership, said “With this program, we are supercharging the XDC ecosystem with live projects, having a great community and long-term vision. This is a true value addition for all stakeholders”

Aneri, Head of Ecosystem & Investments at XVC Tech, said “At XVC Tech, we are committed to investing in innovative projects that demonstrate strong potential for long-term success within the Web3 ecosystem. We believe that the projects emerging from this program will play a pivotal role in shaping the next wave of Web3 innovation on the XDC Network.”

For more information, please visit: foundershiphq.com/xdc-0xcamp

About the Shortlisted 6 projects:

XinFin XDC Network and Foundership are pleased to present the 6 startups participating in the XDC 0xCamp program: Akka Finance, Zayn Network, MetaSoccer, Earnscape, Panenka FC and Fandora.

1. MetaSoccer

MetaSoccer lets users become a true club owner, earning rewards through skillful management and strategic gameplay. Link: https://metasoccer.com/

HQ – USA

2. Zayn Network

The Modular ZK L2 uniting Bitcoin & Ethereum Unlocking Bitcoin liquidity through EVM dApps for the next billion users. Link: https://zayn.network/

HQ – Singapore

3. Akka Finance

Trading, potentially earning, and owning crypto on the all-in-one multichain DEX. AKKA is a cross-chain solution enabling seamless liquidity access and service aggregation across multiple blockchains, fostering interoperability, programmability, and user experience in the web 3.0. Link: https://app.akka.finance/swap?chain=xdc

HQ – Dubai

4. Fandora

Bringing Content, Brands and Web3 together.India’s first Content IP tokenization and World’s first Web3 Advisors NFT platform. Link: https://fandora.app/

HQ – India

5. Panenka FC

Panenka FC utilizes smart contracts on blockchain to automate and decentralized game room management and rewards distribution. Link: https://www.panenkafc.gg/

HQ – Singapore

6. EarnScape

Earnscape offers reward systems to increase user retention and new traffic. Earnscape’s initial focus is on gaming using blockchain to enable reward disbursement. Link: https://earnscape.io/

HQ – USA

ContactPranav Agarwalpranav@foundershiphq.com

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Credit: Source link