Foundership Global Accelerator partners with XDC Network to advance Web3 startup innovation. From Chainwire


Singapore, Singapore, April 15, 2024, Chainwire

Foundership Global Accelerator, a highly active Web3 and emerging tech community of more than 10,000 founders, executives and believers, has announced its partnership with XDC Network, an enterprise-grade Layer 1 blockchain [XDC] for RWA, DePIN, tokenization, global trade finance and AI.

The collaboration will introduce the XDC 0xCamp Token Launch Program, designed to accelerate the development of early-stage Web3 startups by providing them with critical resources, mentorship and investment opportunities. This partnership will introduce the token launch program on the XDC network, which aims to attract young companies from around the world to build on the XDC network.

Promoting innovation in Web3 startups

The program was announced on April 15, 2024 and is designed to support startups driving transformative innovation in blockchain technology, decentralized applications and digital asset ecosystems. The launch will take place in June 2024, with participating start-ups securing investments of up to $100,000 after twelve weeks.

The XDC-0xCamp – Token Launch Program is an execution-oriented program for promising Web3 startups with great ideas who want to launch a token soon.

“Our partnership with Foundership represents a critical step in driving innovation in 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 are able to help startups develop transformative solutions for a decentralized future.”

“We are very pleased about this partnership with the 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 growth of Web3 startups in a specific time frame!” said Bimlesh Gundurao – Co-Founder, Founder.

Applications for the XDC 0xCamp – Token Launch Program are now open. The initiative welcomes startups that push the boundaries of blockchain technology, decentralized applications and digital asset ecosystems.

About XDC Network

XDC Network is an open-source, carbon-neutral, EVM-compatible, enterprise-grade Layer 1 blockchain that has been operationally successful since 2019. The network maintains consensus through a specially delegated Proof-of-Stake (XDPoS) technique, enabling transaction times of 2 seconds, near-zero gas costs ($0.0001), over 2000 TPS, and interoperability with ISO 20022 standards for financial news. The XDC Network supports a wide range of novel blockchain use cases, including global trade finance, payments, decentralized physical infrastructure networks (DePIN), and real world asset (RWA) tokenization, that are secure, scalable, and highly efficient.

For more information about the XDC Network, visit the website, and follow XDC Network on our social media: Twitter | Telegram | LinkedIn | Reddit | Facebook (NASDAQ:) | Forum

About entrepreneurship

Foundership is a global Web3 and emerging technology accelerator supporting companies with a unique blend of coaching, capital and community. Our specialty programs, namely 0xCamp for early-stage startups and LaunchCamp for growth-stage startups, serve as catalysts for harnessing the enormous potential of the Foundership ecosystem to facilitate token adoption and drive scalable growth.

With a typical duration of three months, our cohort programs are deeply rooted in contextual coaching and results-oriented approaches. Together with our valued partners, we invest up to $100,000 in top Web3 startups that are about to launch tokens.

Additionally, our exemplary track record of over 40 alumni startups valued at over $200 million, spanning five cohorts and nine countries, is a testament to the strength of our program.

Foundership's extensive network of over 10,000 community members, over 70 coaches, over 50 capital partners and over 80 ecosystem partners ensures that startups are supported along the entire value chain. This network promotes strong interactions and mutual support, creating a vibrant ecosystem for startups worldwide.

For more information, users can visit Foundership website and follow them on social media: Twitter | LinkedIn | telegram

ContactPranav Agarwal[email protected]

This article was originally published on Chainwire


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