Boba Network Launches $1M Accelerator for Web3 Startups
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- Boba Network launches Boba Liftoff Accelerator, offering over $1M in funding to Web3 startups worldwide through a virtual program.
- The accelerator, partnering with Brinc and industry leaders, aims to help founders move projects to Boba’s efficient layer-2 solution.
- Selected startups receive milestone-based grants, technical support, and access to a network of 100 Web3 mentors during the 10-week remote program.
Boba Network, a multichain layer-2 scaling solution, has launched the Boba Liftoff Accelerator. Web3 startups worldwide can apply to join and receive over $1 million in funding from Boba Network through this virtual accelerator.
In partnership with Brinc, a global leader in venture acceleration and corporate innovation, the Boba Liftoff Accelerator helps founders move their projects to the Boba Network. This efficient layer-2 solution provides lower building costs, reduced transaction fees, and improved computational power through hybrid computing.
“We envision a world where blockchain developers can build applications that use the power of decentralization to solve real-world problems. The Boba Liftoff Accelerator enables developers to do just that, with support from industry experts, to accelerate their progress. We can’t wait to see what they build and support them on their journeys.” Alan Chiu, CEO, Enya Labs, a core contributor to Boba Network.
Additionally, it partners with industry leaders like Animoca Brands, Bixin Ventures, Cointelegraph, DMCC, Enjinstarter, Gate.io, Genesis Capital, and more. With a strong network of 100 Web3 mentors, it includes top investors from MENA, North America, and Southeast Asia.
The Boba Liftoff Accelerator identifies and mentors top Web3 startups in real-world assets, AI, DeFi, and gaming. Successful applicants get milestone-based grants, technical support, and strategic business development resources, along with lifetime access to the network, ongoing support, and promotion through Boba and Brinc’s communities and social media.
The 10-week remote program helps projects expand on the Boba Network and scale quickly. It includes two weekly workshops, engineering support, mentorship sessions, investor and partnership connections, and weekly office hours, leveraging Brinc’s and Boba’s networks and platforms for promotion.
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