Foresight X to Fuel Web3 Innovation with $10M Accelerator

In the fast-paced landscape of Web3, incubation plays a pivotal role, and Foresight X is at the forefront, driving innovation with its $10 million accelerator program.

The Web3 accelerator under Foresight Ventures is dedicated to fostering the success of Web3 startups. Not only will it provide financial support, offering approximately $200,000 to each selected project, but also invaluable industry resources, global community support, and comprehensive acceleration services.

Foresight X is dedicated to empowering Web3 businesses across all fronts, ranging from technical guidance and brand promotion to tokenomics design and legal compliance.

The registration deadline is approaching fast, with January 15 marking the end of the application process. So, aspiring Web3 entrepreneurs, sign up fast!

Foresight X just launched its $10M accelerator, offering startups roughly $200k in funding per project, along with expert guidance from industry mentors.

Apply here, registration ends Jan. 15th: https://t.co/CTukAuYXDw pic.twitter.com/3tYENMhkNB

— Avalanche (@avax) January 4, 2024

Expert Guidance and Partnerships

Since its establishment in early 2023, Foresight X has become a recognized force in the Web3 landscape. Despite market challenges, the accelerator has evolved into a hub for innovation and assistance.

In just one year, Foresight X has developed a strong network of industry professionals, refining its operational models, screening techniques, and incubation strategies.

The accelerator goes beyond financial support by enlisting a team of seasoned mentors from diverse industry backgrounds, including EthStorage, Apecoin, Uniswap, The Block and more, for its forthcoming mentorship program. 

Moreover, its extensive network of both internal partners and external partners plays a pivotal role in propelling the Foresight X accelerator projects to greater heights. Collaborations with Avalanche, BNB Chain, Animoca Ventures, and Chainlink, among others, are set to empower other businesses to thrive in the dynamic blockchain landscape. 

Join the Foresight X Web3 Accelerator

Foresight X invites all exceptional builders to join its third cohort. If entrepreneurs possess a compelling project idea, Foresight X offers comprehensive support in funding, resources, and expertise.

As a heads-up, the accelerator is particularly interested in AI, the BTC ecosystem, and consumer-focused projects in the blockchain arena. 

Additionally, the selection process involves an initial evaluation, video interviews, and in-depth discussions. Foresight X aims to recognize outstanding founders, with 20%-40% advancing to interviews and 5%-20% selected for incubation in the final round.

So, check out Foresight Venture’s Medium account to register your interest for embarking on a journey of innovation and success in 2024! 

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Foresight X to Fuel Web3 Innovation with $10M Accelerator appeared first on NFT Plazas.


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