Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic associate, introduced its second cohort launching in October 2023 for up-and-coming Web3 startups.
Chosen from over 1000 startup functions, the 16 members of the second cohort of the Cointelegraph Accelerator program characterize a big selection of Web3 verticals, together with decentralized finance (DeFi), fintech, wallets, leisure, social, and GameFi.
By becoming a member of Cointelegraph’s accelerator program, Web3 startups will get advertising technique experience, entry to Cointelegraph media merchandise, and mentorship applications with business consultants on key start-up improvement matters, together with token design, fundraising, authorized frameworks, liquidity administration, safety, and many others. The members may also profit from entry to Cointelegraph’s broad community of buyers, foundations, infrastructure companions, and different business leaders.
The present cohort of the Cointelegraph Accelerator program consists of 16 Web3 startups centered on bringing innovation to the largest sectors within the blockchain area. Discover out extra about them beneath:
DeFi and buying and selling
In a world the place conventional and decentralized finance coexist, bridging the hole between them is essential. The most recent Cointelegraph Accelerator members centered on DeFi companies are pioneering options to reinforce accessibility, transparency, and effectivity, thus redefining buying and selling and private finance administration for mainstream customers.
Changex is a private finance cell app that goals to deliver conventional finance customers to Web3 by combining centralized and decentralized finance on a single display. As an all-in-one self-custody pockets answer, Changex presents crypto swapping, shopping for, promoting, and staking. The platform has 2,500 month-to-month energetic customers (MAU) with over $3 million in staked property.
CryptoRobotics is a crypto buying and selling platform with superior instruments geared toward bringing the crypto neighborhood collectively. Customers can make the most of the alerts and buying and selling methods coming straight from skilled merchants and analysts, who, in return, can earn investor rebates for offering their methods. The platform leverages buying and selling robots powered by sensible algorithms with danger administration techniques to allow automated buying and selling. The staff reached over $1 billion in buying and selling quantity in 2022 with over 50,000 registered customers.
Clip Finance is a DeFi protocol that aggregates and advantages from the funding methods obtainable to the mainstream viewers and different protocols. Customers can deposit their stablecoins with a single click on and get yield from a pool of assorted DeFi protocols, together with Aave, Thena, Stargate, and Biswap. The platform goals to simplify the creation of risk-analyzed yield portfolios and is at present making ready for the primary launch based mostly on suggestions from the non-public beta section.
Renegade is bridging the hole between conventional banking and cryptocurrencies. The user-friendly platform presents each a full IBAN account and a Visa card, permitting customers to pay in high cryptocurrencies like BTC and ETH effortlessly. A central product ingredient is the noncustodial pockets, making certain customers keep full management over their crypto property. After a promising beta take a look at with 2,500 customers, the corporate is gearing up for an open market launch in This fall 2023.
MC² Finance is a noncustodial, cross-chain token technique platform. It goals to democratize entry to on-chain crypto wealth administration by means of easy-to-use instruments and entry to aggregated crypto portfolio methods with a user-friendly UI. The European-based MC² Finance staff goals to launch its mainnet after internet hosting over a thousand customers in the course of the platform’s testnet.
Nolus is a semi-permissioned, blockchain-powered platform that bridges lenders and debtors in a DeFi cash market. With its DeFi Lease, debtors can safe 3x leveraged yield-generating capital. Impressed by conventional leasing, the place one pays a fraction upfront and good points possession after reimbursement, Nolus’ strategy cuts down the DeFi sector’s excessive overcollateralization requirements, which boosts capital effectivity and presents debtors higher mortgage phrases.
Velvet Capital is a DeFi platform on the BNB Chain that helps create and handle on-chain funds and structured merchandise. Asset managers can create portfolios of digital property and mint artificial tokens representing them. Customers can spend money on tokenized portfolios and earn yield from lending, staking, capital good points, or offering liquidity. The corporate presents a Web3 app for normal customers and “DeFi-as-a-Service” (with SDK and APIs) for institutional purchasers. The platform has a dwell MVP with over 550 energetic buyers.
WhiteList Zone is a market the place crypto buyers and fanatics can purchase “front-row seats” for upcoming Web3 initiatives. Its mission is to democratize the market of early Web3 investments in essentially the most environment friendly and accessible approach. Customers can purchase and commerce whitelists, which grant unique rights to take part in launch occasions equivalent to preliminary DEX choices (IDOs). The platform hosts over 50 initiatives and over 7,000 whitelist submissions, attracting practically 4,000 customers.
Knowledge storage and digital property
Knowledge sovereignty and safety are paramount within the digital age. By providing decentralized information storage and sturdy digital asset administration options, these initiatives guarantee a seamless transition towards digital possession and safe information administration.
GhostDrive is a Web3 native information storage platform and person software on the InterPlanetary File System (IPFS) and Filecoin, a decentralized different to Google Drive the place customers can retailer, share, and entry information. Customers can be part of by logging in with MetaMask or the standard e mail and password mixture and begin storing information in a decentralized cloud securely.
NGRAVE is the primary full answer for full management of digital property, specializing in self-custody, most safety, and ease of use. The {hardware} pockets, Ngrave Zero, is the world’s solely monetary product that includes a safe OS with the best safety certification: EAL7, developed with world-renowned cryptography and safety consultants. The corporate additionally presents its customers a stainless-steel encrypted backup for his or her keys and a cell app to trace their digital property.
SocialFi and Advertising tech
The traditional social media panorama typically overlooks honest income distribution and person management. Nonetheless, revolutionary platforms are being developed to merge social interactions with monetary incentives, making a extra equitable social media ecosystem for each content material creators and customers.
Pop Social is an AI-powered social gateway to Web3. The platform explores a brand new strategy to social media the place customers create and share their content material, work together with one another, and get rewards with native Pop Tokens for energetic engagement with the app. AI algorithms are used within the content material creation options and within the technique of producing particular person put up feeds. Pop Social has already reached over 250,000 downloads on the App Retailer and Google Play Retailer and has over 40,000 every day energetic customers.
ReadON is a social app with a Web3 sharing economic system the place content material is owned by creators, and a part of the advert income is distributed again to them. Creators earn tokens for sharing, customers earn tokens for studying, and advertisers purchase and burn tokens to position advertisements and entry customers’ pursuits focusing on information. The app has reached over 510,000 person registrations and app downloads, 45,000 every day energetic customers, and over 563,000 content material items.
GAMI is a Web3-focused enterprise builder that hosts a wide range of merchandise tailor-made to the blockchain business. Gami’s flagship product is Midle, an all-in-one advertising platform that helps optimize person acquisition and neighborhood engagement, working with 100+ companions from the Web3 area. Midle has already reached over 22,000 distinctive customers who’ve accomplished over 400,000 quests.
EdTech and HRTech
Exclusivity and an absence of verified expertise swimming pools hinder the expansion of the Web3 area. Some initiatives, nonetheless, are engaged on democratizing entry to Web3 options and schooling, bridging the hole between educational establishments and the blockchain business, and facilitating steady innovation.
Talentre is a Web3 expertise platform the place customers have entry to blockchain schooling programs, occasions, certifications, and a traceable tokenized achievement system. On the identical time, Web3 corporations and initiatives get entry to a verified expertise pool. Greater than 50 universities have already partnered with Talentre, and the platform has reached over 170,000 registered wallets and over 50 enterprise purchasers, together with Circle, BNB Chain, Solana, and plenty of others.
Leisure
Monetization and person engagement are urgent challenges within the leisure sector. By embedding blockchain expertise in streaming and gaming platforms, these revolutionary initiatives are crafting a rewarding and interesting leisure ecosystem for contemporary audiences.
Replay has developed a blockchain-powered streaming service known as RewardedTV that empowers viewers and creators to take management of their video streaming expertise. RewardedTV makes use of blockchain tech to reward viewers with digital tokens and collectibles to drive engagement. The platform has over 100,000 registered customers, and greater than 4,000 videos-on-demand (VOD) dwell TV channel choices, with extra partnered streaming apps on the way in which.
Fanton is a Web3 fantasy soccer sport playable on Telegram and built-in with The Open Community (TON) blockchain. Much like conventional fantasy sports activities video games, which comprise a $25 billion market, the sport permits gamers to create their dream staff with NFT playing cards of soccer superstars and earn factors based mostly on the gamers’ real-life performances. The product has had a profitable launch reaching greater than 11,000 registered customers so far.
