Future Money Group and IoTeX Foundation launch $5 million DePIN accelerator program
On December 15th, venture capital company Future Money Group and IoTeX Foundation jointly launched the DePIN (Decentralized Physical Infrastructure Network) accelerator program with a scale of 5 million US dollars, aiming to cultivate innovative Web3 startups in the fields of DePIN, artificial intelligence, and unlocking real-world value.
Each selected project will receive an initial investment of $50,000 and may be eligible for additional funding. This virtual accelerator program will accept applications from December 24, 2023 to January 14, 2024, and the first demo day will be held at the end of February 2024.
During the six-week period, FutureMoney Group and IoTeX Foundation will lead an intensive program, providing networking opportunities, resources, and mentor support, with a key focus on areas including DePIN's flywheel mechanism, token economics, effective pitching and fundraising strategies, technical workshops, modular development tools, marketing strategies, liquidity enhancement, and community engagement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data Revealed: Whales Are More Bullish on These 7 Altcoins, Bearish on 6 Others – Here’s the List
According to data published by cryptocurrency analytics firm Alphractal, traders are long on some altcoins and short on others.
Famous ETF Expert Made 10 Predictions for the Cryptocurrency Market in 2025 – “XRP, Solana…”
Nate Geraci, president of The ETF Store, made predictions for the cryptocurrency market in 2025 in his statement.
Watch Out: There are 32 Altcoins with Huge Token Unlocks in the New Week! Here is the Day by Day, Hour by Hour List
The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.
Old Altcoin Bullying Solana Accused of Being a “Pump-Dump Scheme,” Developers Issue Public Statement
The developers of the altcoin, who were heavily criticized for Solana
Trending news
MoreCrypto prices
More
