While media attention remains largely fixed on crypto’s best-known players, there are a host of Startups in the web3 industry trying to make a name for themselves despite bear-market conditions. TechCrunch+ got to see a number of those startups during web3 accelerator Alliance DAO’s latest demo day for All11 program participants, which we’re covering exclusively. (Check out the previous Alliance DAO demo days we covered in July 2022, in November 2022, and in May 2023.) The three-month-long accelerator program brings in web3 founders for at least 10 hours per week twice a year. “Each startup in our latest cohort received an average of over 50 intro requests after demo day,” from major VC firms like Paradigm and Multicoin, according to Alliance’s website. Alliance also invests $250,000 in startups that take part in the program. The most recent cohort had 1,083 applications, down 36% from its previous batch, All10, which had a record 1,692 applicants. Of that number, only six teams made it through and are graduating from the program, and two startups from All10 are …

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