Foundership and XDC Network Join Forces to Propel Innovation in Web3

ChainwireFoundership Global Accelerator and XDC Network announced their partnership to accelerate the development of Web3 and emerging tech startups. Through XDC 0xCamp, a Token Launch Program, early-stage startups will gain access to funding, mentorship, and resources to build on XDC Network. The program aims to foster innovation in blockchain, decentralized applications, and digital asset ecosystems, supporting startups with investments up to US$100,000.

Foundership Global Accelerator and XDC Network Forge Alliance to Accelerate Web3 Innovation

Singapore, Singapore, April 15th, 2024

Foundership Global Accelerator, a leading Web3 and emerging-tech accelerator with a community of over 10,000 founders, leaders, and believers, has partnered with XDC Network, an enterprise-ready Layer 1 blockchain for Real World Assets (RWAs), Decentralized Physical Infrastructure Networks (DePIN), tokenization, global trade finance, and AI.

This strategic partnership marks the launch of the XDC 0xCamp Token Launch Program, a comprehensive initiative designed to catalyze the growth of early-stage Web3 startups by providing them with essential resources, mentorship, and investment opportunities.

Fostering Innovation in Web3 Startups

The XDC 0xCamp Token Launch Program, set to commence in June 2024, will seek to support startups at the forefront of innovation in blockchain technology, decentralized applications, and digital asset ecosystems. Over a twelve-week period, participating startups will have the opportunity to secure investments of up to US $100,000.

"Our partnership with Foundership is a testament to our commitment to fostering a thriving Web3 ecosystem," remarked Atul Khekade, Co-Founder of XDC Network. "By combining our scalable and secure L1 blockchain platform with Foundership's accelerator expertise, we can empower startups to develop transformational solutions that will shape the decentralized future."

"We are thrilled to collaborate with XDC Network," said Bimlesh Gundurao, Co-Founder of Foundership. "This partnership underscores the potential of networks to provide capital and support to promising startups that are building on their platform and launching tokens to drive the growth of the Web3 industry."

Applications for the XDC 0xCamp Token Launch Program are now open. The program welcomes startups that are pushing the boundaries of blockchain technology and transforming decentralized applications and digital asset ecosystems.

About XDC Network

XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operational since 2019. Utilizing a specially delegated proof-of-stake (XDPoS) consensus mechanism, the network boasts transaction times of 2 seconds, near-zero gas fees ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards.

XDC Network enables a wide range of novel blockchain use cases, including global trade finance, payments, DePIN, and RWA tokenization, ensuring security, scalability, and efficiency.

For more information about XDC Network, visit XinFin.org and XDC.org or follow on social media: Twitter | Telegram | LinkedIn | Reddit | Facebook | Forum

About Foundership

Foundership is a global Web3 and emerging-tech accelerator that empowers ventures with a unique blend of Coaching, Capital, and Community. Its specialized programs, 0xCamp for early-stage startups and LaunchCamp for growth-stage startups, leverage the Foundership ecosystem to facilitate token launches and foster scalable growth.

With a duration of three months, Foundership's cohort programs emphasize contextual coaching and outcome-oriented approaches. The accelerator co-invests up to US $100,000 alongside esteemed partners in top Web3 startups poised for token launches.

Foundership's track record of over 40 alumni startups valued at over $200 million across five cohorts and nine countries speaks to the strength of its program. Its vast network of 10,000+ community members, 70+ coaches, 50+ Capital partners, and 80+ ecosystem partners ensures that startups receive support across the entire value chain, fostering a vibrant ecosystem for startups worldwide.

For more information about Foundership, visit the website or follow on social media: Twitter | LinkedIn | Telegram

Contact

Pranav Agarwal
[email protected]