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Cryptocurrency News Articles

Foundership and XDC Network Team Up to Launch Innovation Accelerator for Web3 Startups

Apr 15, 2024 at 02:12 pm

Fostering Innovation in Web3 StartupsFoundership Global Accelerator, a prominent Web3 and emerging-tech community, has partnered with XDC Network to offer the XDC 0xCamp Token Launch Program. This initiative supports early-stage Web3 startups with mentorship, investments, and access to XDC Network's scalable and secure blockchain, enabling them to develop transformative solutions for the decentralized future. Applications are now open for startups leveraging blockchain technology, decentralized applications, and digital asset ecosystems.

Foundership and XDC Network Team Up to Launch Innovation Accelerator for Web3 Startups

Foundership Global Accelerator and XDC Network Forge Partnership to Foster Innovation in Web3 Startups

Singapore, April 15th, 2024

Foundership Global Accelerator, an esteemed Web3 and emerging technology community encompassing over 10,000 founders, leaders, and believers, has forged a strategic partnership with XDC Network, a proven enterprise-ready Layer 1 blockchain platform renowned for its specialization in Real World Asset (RWA) tokenization, Decentralized Physical Infrastructure Network (DePIN), Global Trade Finance, and AI applications.

This collaboration marks the inception of the XDC 0xCamp Token Launch Program, an exclusive initiative engineered to accelerate the development trajectory of early-stage Web3 startups. Participants will be granted access to a comprehensive suite of essential resources, expert mentorship, and investment opportunities. The program will be hosted on the XDC Network and aims to empower promising startups worldwide to leverage the platform's capabilities and build scalable solutions within the burgeoning Web3 ecosystem.

Fostering Innovation in Web3 Startups

The XDC 0xCamp Token Launch Program was unveiled on April 15th, 2024, and anticipates supporting early-stage startups that demonstrate the potential to drive transformative innovations in blockchain technology, decentralized applications, and digital asset ecosystems. The program will commence in June 2024, providing participating startups with access to investment opportunities of up to US $100,000 upon successful completion of the twelve-week program.

The XDC 0xCamp - Token Launch Program is meticulously designed to provide execution-oriented guidance to promising Web3 startups with exceptional ideas who are poised to launch their token in the near future. "Our partnership with Foundership represents a pivotal milestone in our journey towards fostering innovation within the Web3 ecosystem," asserted Atul Khekade, Co-Founder of XDC Network. "By seamlessly integrating our scalable and secure L1 blockchain platform with Foundership's profound accelerator expertise, we are strategically positioned to empower startups in developing transformative solutions that will shape a decentralized future."

"We are immensely thrilled about this strategic alliance with XDC Network," exclaimed Bimlesh Gundurao, Co-Founder of Foundership. "This collaboration epitomizes the power of blockchain networks to provide capital and support to budding startups that are building on their network. We envision this partnership as a catalyst for the growth of Web3 startups within a defined timeframe, enabling them to launch their tokens and propel their business to new heights."

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

About XDC Network

XDC Network stands as an open-source, carbon-neutral, enterprise-grade, EVM-compatible Layer 1 blockchain that has consistently delivered operational excellence since its inception in 2019. The network leverages a specialized Delegated Proof-of-Stake (XDPoS) consensus mechanism, enabling it to achieve remarkable performance metrics, including a lightning-fast transaction time of 2 seconds, near-zero gas fees ($0.0001), a robust transaction processing capability exceeding 2000 TPS, and seamless interoperability with ISO 20022 financial messaging standards.

XDC Network serves as the technological backbone for a diverse array of innovative blockchain use cases, including Global Trade Finance, digital payments, Decentralized Physical Infrastructure Network (DePIN), and Real World Asset (RWA) tokenization. These use cases benefit from the network's inherent security, scalability, and efficiency.

For comprehensive information about XDC Network, please visit the official website at XinFin.org or XDC.org. Stay connected with XDC Network on social media platforms:

  • Twitter: https://twitter.com/XinFin_Official
  • Telegram: https://t.me/XinFin_Official
  • LinkedIn: https://www.linkedin.com/company/xinfin-official
  • Reddit: https://www.reddit.com/r/XinFin_Official
  • Facebook: https://www.facebook.com/XinFin.Official
  • Forum: https://forum.xinfin.org

About Foundership

Foundership is an internationally renowned Web3 and emerging-tech accelerator organization that empowers ventures with a distinctive blend of Coaching, Capital, and Community. Their specialized programs, namely 0xCamp for early-stage startups and LaunchCamp for growth-stage startups, serve as transformative platforms for leveraging the vast potential of the Foundership ecosystem. The organization facilitates token launches and fosters scalable growth through strategic guidance and collaborative partnerships.

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

Foundership's remarkable track record speaks volumes, with over 40 alumni startups valued at a combined $200 million across five cohorts and nine countries. This serves as a testament to the program's effectiveness and transformative impact.

Foundership's extensive network encompasses over 10,000 community members, 70+ coaches, 50+ Capital partners, and 80+ ecosystem partners, ensuring that startups receive comprehensive support throughout their value chain. This network fosters robust interactions and mutual support, creating a vibrant ecosystem for startups worldwide.

For further information, please visit Foundership's website: https://foundership.com

Connect with Foundership on social media:

  • Twitter: https://twitter.com/foundership_xyz
  • LinkedIn: https://www.linkedin.com/company/foundershipglobal
  • Telegram: https://t.me/FoundershipGlobal

Contact

Pranav Agarwal

[email protected]

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