Title: Foundership Global Accelerator Partners with XDC Network to Boost Web3 Startup Innovation
Singapore, Singapore, April 15th, 2024, Chainwire
Foundership Global Accelerator, a leading Web3 & Emerging-Tech Community with over 10,000 Founders, Leaders & Believers, has announced a strategic partnership with XDC Network, an enterprise-ready Layer 1 blockchain [XDC] for RWA, DePIN, Tokenization, Global Trade Finance, and AI.
The collaboration aims to introduce the XDC 0xCamp Token Launch Program, designed to accelerate the development of early-stage Web3 startups by providing them with essential resources, mentorship, and investment opportunities. This partnership will see the Token Launch program on the XDC network, focusing on accelerating early-stage companies from around the globe to build on XDC Network.
Fostering Innovation in Web3 Startups
The program, announced on April 15th, 2024, plans to support startups leading transformative innovations in blockchain technology, decentralized applications, and digital asset ecosystems. It is set to launch in June 2024, with participating startups having the opportunity to secure investments of up to US $100,000 at the end of twelve weeks.
Atul Khekade, Co-Founder of XDC Network, expressed excitement about the partnership, stating, “Our partnership with Foundership represents a pivotal step towards fostering innovation within the Web3 ecosystem. By combining our scalable and secure L1 blockchain platform with Foundership’s accelerator expertise, we’re poised to support startups in developing transformative solutions for a decentralized future.”
Bimlesh Gundurao, Co-Founder of Foundership, also shared his enthusiasm, saying, “We are extremely excited about this partnership with XDC network. This is a great example of how networks can provide capital and support to promising startups that build on their network and launch tokens to support the Web3 startups’ growth in a specific timeframe!”
Applications for the XDC 0xCamp – Token Launch Program are now open, welcoming startups pushing the boundaries of blockchain technology, 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. The network utilizes a specially delegated proof-of-stake (XDPoS) mechanism, allowing for 2-second transaction times, near-zero gas fees, over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers various blockchain use cases, including Global Trade Finance, payment, DePIN, and RWA tokenization.
For more information about XDC Network, visit XinFin.org and XDC.org, and follow XDC Network on social media platforms.
About Foundership
Foundership is a global Web3 & emerging-tech accelerator, providing ventures with Coaching, Capital, and Community support. Their programs, 0xCamp for early-stage and LaunchCamp for growth-stage startups, aim to facilitate token launches and foster scalable growth.
With a track record of over 40 alumni startups valued at over $200 million, Foundership’s network of 10,000+ community members, 70+ coaches, 50+ Capital partners, and 80+ ecosystem partners ensures startups are supported across the value chain.
For more information about Foundership, visit their website and follow them on social media platforms.
Contact:
Pranav [email protected]
Source: https://cryptodaily.co.uk/2024/04/foundership-global-accelerator-partners-with-xdc-network-to-boost-web3-startup-innovation
This news story highlights the collaboration between Foundership Global Accelerator and XDC Network to support Web3 startups and foster innovation in the blockchain ecosystem. The partnership aims to provide essential resources and investment opportunities to early-stage companies, with a focus on accelerating their growth on the XDC Network.
