Foundership Global Accelerator Partners with XDC Network to Boost Web3 Startup Innovation.

Chainwire

Published Apr 15, 2024 02:12AM ET

Updated Apr 15, 2024 02:30AM ET

Foundership Global Accelerator Partners with XDC Network to Boost Web3 Startup Innovation.

Singapore, Singapore, April 15th, 2024, Chainwire

Foundership Global Accelerator, a most active Web3 & Emerging-Tech Community with 10,000+ Founders, Leaders & Believers has announced its partnership with XDC Network, an enterprise-ready Layer 1 blockchain [XDC] for RWA, DePIN, Tokenization, Global Trade Finance and AI.

The collaboration introduces 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 XDC network that aims at accelerating early-stage companies from around the globe to build on XDC Network.

h2 Fostering Innovation In Web3 Startups/h2 The program was announced on April 15th, 2024 and plans to back start-ups leading transformative innovations in blockchain technology, decentralized applications and digital asset ecosystems. It will launch in June 2024 where participating start-ups will secure investments up to US $100,000 at the end of twelve weeks.

The XDC-0xCamp - Token Launch Program is an execution driven program for promising web3 startups with great ideas and launching a token soon.

"Our partnership with Foundership represents a pivotal step towards fostering innovation within the Web3 ecosystem," said Atul Khekade, Co-Founder, XDC Network. "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."
“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!” said Bimlesh Gundurao - CoFounder, Foundership.
Applications for the XDC 0xCamp - Token Launch Program are now open. The initiative welcomes startups that are pushing the boundaries of blockchain technology, decentralized applications, and digital asset ecosystems.

h2 About XDC Network/h2 XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain that has been operationally successful since 2019. The network obtains consensus via a specially delegated proof-of-stake (XDPoS) technique that allows for 2-second transaction times, near-zero gas expenses ($0.0001), over 2000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of novel blockchain use cases, including Global Trade Finance, payment, Decentralized physical infrastructure network (DePIN) and Real World Asset (RWA) tokenization, that are secure, scalable, and highly efficient.
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Find more information about XDC Network by visiting the website XinFin.org, XDC.org and follow XDC Network on our social medias: Twitter | Telegram | LinkedIn | Reddit | Facebook (NASDAQ:META) | Forum

h2 About Foundership/h2 Foundership is a global web3 & emerging-tech accelerator, empowering ventures with a unique blend of Coaching, Capital, and Community. Our specialized programs, namely 0xCamp for early-stage and LaunchCamp for growth-stage startups, serve as catalysts for leveraging the vast potential of the Foundership ecosystem to facilitate token launches and foster scalable growth.

With a typical duration of three months, our cohort programs are deeply ingrained with contextual coaching and outcome-oriented approaches. We co-invest up to US $100,000 alongside our esteemed partners in top Web3 startups poised for token launches.

Moreover, our exemplary track record of over 40 alumni startups valued at over $200 million, spanning across five cohorts and nine countries is a testament of our program’s strength.

Foundership's vast network of 10,000+ community members, 70+ coaches, 50+ Capital partners, and 80+ ecosystem partners ensure that startups are supported across the value chain. This network fosters robust interactions and mutual support, creating a vibrant ecosystem for startups worldwide.

Find more information users can visit Foundership's website and follow them on social media: Twitter | LinkedIn | Telegram

ContactPranav Agarwalpranav@foundershiphq.com

This article was originally published on Chainwire

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