LongHash Ventures, Asia’s first Web3 Accelerator and one among Asia’s main Web3 enterprise funds, is constant its partnership with Protocol Labs, creator of Filecoin and IPFS, to launch the third LongHashX Accelerator Filecoin Cohort. This system goals to speed up early-stage groups constructing tasks within the Filecoin ecosystem.

Established in 2018, the LongHashX a Web3 funding fund and accelerator, has partnered with notable ecosystems equivalent to Polkadot, Algorand, and Filecoin, amongst others. Previous graduates from Filecoin Cohorts embody Lit Protocol, a decentralized entry management community; Huddle01, a decentralized safe video calling app; and Lighthouse, a everlasting storage protocol.

“We’re very excited to proceed our partnership with Protocol Labs as we launch the third LongHashX Accelerator Filecoin Cohort. As demand for decentralized storage grows, Filecoin is well-placed to be the main alternative for Web3 builders. We’re wanting ahead to extra NFT, GameFi, and Metaverse use instances, in addition to middleware, infrastructure, and tooling protocols utilizing Filecoin. As a long-time associate of Protocol Labs, we’re proud to witness the super progress of the Filecoin ecosystem,” mentioned Emma Cui, Founding Associate and CEO of LongHash Ventures.

The 12-week program features a sequence of workshops and hearth chats throughout six modules, particularly Product Technique & Design, Tokenomics, Governance, Tech Mentorship, Neighborhood Constructing, and Fundraising. LongHashX Accelerator’s Enterprise Builders will even host weekly one-on-one problem-solving periods to assist founders with their hardest challenges, and groups will get weekly mentor workplace hours with traders, founders, and builders from LongHash Ventures’ and Protocol Labs’ networks.

Furthermore, tasks chosen for this system get entry to LongHash Ventures’ community of portfolio firms, traders, and neighborhood customers to develop potential partnerships, investments, and purchase customers.

Tasks chosen to hitch this system will obtain US$200,000 funding from LongHash Ventures and open-source analysis, improvement, and deployment laboratory Protocol Labs. LongHash Ventures can even provide an extra US$300,000 discretionary funding in essentially the most promising tasks upon completion of this system. This system culminates in a Demo Day the place the startups could have the chance to pitch to traders.

Ten tasks will be a part of the third LongHashX Accelerator Filecoin Cohort. Builders have till June twenty fourth, 11:59pm (GMT+8) to use. Groups and tasks occupied with making use of for this system can achieve this straight right here.