Boosting Web3 Innovation: Meet the Second Cohort of Cointelegraph Accelerator

Cohort Launch and Selection

The Cointelegraph Accelerator is back with its second cohort, launching in October 2023. After sifting through over a thousand startup applications, the program selected 16 promising participants representing diverse Web3 sectors, from DeFi and fintech to GameFi and social platforms. It’s like a talent show, but instead of judges, they have industry experts ready to critique your tokenomics.

The Benefits of Joining the Accelerator

Joining the Cointelegraph Accelerator is like getting a backstage pass to the blockchain industry. Participants gain access to invaluable resources including marketing strategies, mentorship programs, and a chance to network with both investors and industry leaders. Essentially, it’s the VIP corridor of the crypto world where startups can rub elbows with some serious players.

Highlighting Selected Startups

This cohort is an eclectic mix of startups focused on revolutionizing crucial sectors:

• Changex: A personal finance app bridging traditional and decentralized finance, boasting 2,500 monthly active users.
• CryptoRobotics: A trading platform that melds professional trading insights with user-friendly automations.
• Nolus: A DeFi money market that allows for innovative lending options without the typical collateral constraints.

From DeFi to entertainment, these startups are cooking up solutions that are nicer than grandma’s secret cookie recipe!

Key Sectors Making Waves

Web3 innovation is popping in various sectors, including social finance and marketing tech. These companies are aiming to create ecosystems that prioritize equitable revenue distribution and empower content creators.

• Pop Social: An AI-driven platform that rewards users for engagement while connecting them with the content they love.
• ReadON: Where content is owned by creators, and users can also earn by simply reading.

Fostering Talent and Education

Education is one of the pillars of Web3 growth. Initiatives like Talentre are onboarding users into blockchain education while companies tap into a verified talent pool. With over 170,000 registered wallets, it’s like a buffet where everyone gets a plate!

Entertainment Evolved

Entertainment companies are getting a blockchain boost too! Replay‘s RewardedTV merges streaming with crypto incentives, while Fanton offers a fantasy football experience intertwined with blockchain dynamics. Talk about fun with a side of digital ownership!