Singapore, Singapore, May 23, 2022, Chainwire
LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 private equity funds, continues partnership with Protocol Labs, Filecoin and IPFS creator to launch 3. LongHashX Accelerator Filecoin Cohort. The goal of the program is to accelerate early-stage teams building projects in the Filecoin ecosystem.
Founded in 2018, LongHashX Accelerator has partnered with major ecosystems such as Polkadot, Algorand and Filecoin. Graduates of Filecoin Cohorts are Lit Protocol, a distributed access control network; Huddle01, a distributed secure video calling application; and Lighthouse, a permanent storage protocol.
“We are very excited to continue our partnership with Protocol Labs with the release of the third LongHashX Accelerator Filecoin cohort. As the demand for distributed storage grows, Filecoin has a good chance of being the leading choice for Web3 developers. We look forward to more NFT, GameFi and Metaverse applications as well as middleware, infrastructure and tooling protocols at Filecoin. As a long-term partner of Protocol Labs, we are proud to see the tremendous growth of the Filecoin ecosystem.Said Emma Cui, founding partner and CEO of LongHash Ventures.
The 12-week program includes a series of workshops and fireplace discussions in six modules, including Product Strategy and Design, Tokenomics, Administration, Technical Mentoring, Community Building, and Fundraising. LongHashX Accelerator’s Venture Builders also hosts weekly in-person problem-solving sessions to help founders with their most challenging challenges, and teams receive weekly mentoring hours with investors, founders and developers from the LongHash Ventures and Protocol Labs networks.
In addition, projects selected for the program will have access to LongHash Ventures ’network of portfolio companies, investors, and community users to develop potential partnerships, investments, and acquire users.
Projects selected for the program will receive $ 200,000 in funding from LongHash Ventures and Protocol Labs. LongHash Ventures may also offer an additional $ 300,000 discretionary investment in the most promising projects at the end of the program. The program culminates in a Demo Day where startups get to hold for investors.
Ten projects are related to the 3rd LongHashX Accelerator Filecoin cohort. Builders have until June 24 at 11:59 p.m. (GMT + 8) to apply. Teams and projects interested in applying to the program can do so directly here.
About Protocol Labs
Protocol Labs is an open source research, development, and deployment laboratory. Our projects include IPFS, Filecoin, libp2p and many more. We strive to improve human existence by an order of magnitude through technology. We are a fully decentralized company. Our team of more than 100 members works remotely and openly to improve the Internet – the most important technology for humankind – while exploring new advances in computing and related fields.
About LongHash Ventures
LongHash Ventures is a Web3 investment fund and accelerator that works closely with founders to build their Web3 model and leverage the huge potential of Asia. We launched our fund in January 2021 and invested in projects such as Balancer, Acala, Instadapp and Zapper. We worked with their founders to develop their tokenomics, governance, and communities.
Our LongHashX Accelerator, we have partnered with Polkadot, Algorand and Filecoin to build more than 50 global Web3 projects that have raised more than $ 100 million in the last 4 years. Through such investment and active collaboration, we are committed to fulfilling our mission to catalyze growth in the next generation Web.
h/t – CryptoGlobe