Startups are sprouting up every day in the Web3 industry, which is expanding at a breakneck speed. Despite the market collapse, total investment in Web3 projects increased dramatically, reaching $30 billion in 2021 and $36 billion in 2022. Even though many projects have interesting concepts and can offer something of value to the community, this is a tough arena with many rivals and little support from the general public.
Since its founding in 2013, Cointelegraph has been a frontrunner in the digital asset, Metaverse, and new technology media industry, and it now aspires to help other up-and-comers achieve their full potential. Cointelegraph is excited to announce its Accelerator Program, which will help emerging Web3 startups by using the company’s strengths as a media leader and strategic partner.
How Will The Accelerator Program Work?
The expertise of the worldwide Cointelegraph team, which now consists of more than 150 people producing and developing media products in 11 languages, will be leveraged by the Cointelegraph Accelerator. Decentralized finance (DeFi), non-fungible tokens (NFTs), game finance (GameFi), Web3 social, cross-chain and layer-2 solutions, and other subsets of the Web3 industry are the focus of this program.
The initiative has already accepted applications from over a dozen different businesses, and it has just recently opened its doors to accept applications from further potential participants.
Accelerator Program Overview:
Cointelegraph is unique among accelerator programs because it does not prioritize consulting services followed by funding. Cointelegraph will provide participants with media goods that are part of the platform’s ecosystem as part of the Accelerator Program. Standard advertorial products sit alongside custom-tailored special projects, educational resources, native content integrations, and more in the wide range of media options.
Startups will be allowed to join the program in return for the native tokens or equity in their projects, subject to certain requirements, and the program will be managed by a distinct commercial arm that is fully independent of Cointelegraph’s editorial team of journalists. Token value rise and project success will be mutually beneficial to Cointelegraph.
Depending on the startup’s marketing and strategic goals, as well as the milestones on its road map, the duration of the program’s strategic support might range from nine to twenty-four months.
The Accelerator Program’s long-term goal is to provide substantial, ongoing brand exposure for selected initiatives. With the help of its extensive partner network, Cointelegraph will provide the program’s portfolio of projects with full, encompassing marketing strategy support.
All in all, depending on the nature of your project, Cointelegraph may assist you with marketing and branding, as well as connecting you with investors, exchanges, market makers, technological partners, and online and offline events.
So are you going to participate in this program too?