Top 20 startups are preparing for Hatch Web3 Accelerator for Hedera S2 bootcamp

We hope that you are eagerly looking forward to the next phase of our Hatch Web3 Accelerator for Hedera. In association with the HBAR Foundation, we are keen to announce the top 20 global startups that are entering the next phase — the accelerator bootcamp.

These have been selected after an intense round of vetting from 170 + applications. We have been overwhelmed by the quality of the applications this Season. There were applications from startups solving problems in the fields of DeFi, Metaverse, NFTs, Tokenization and Sustainability.

The applicants will participate in a month-long bootcamp, but only a few will get their hands on the grant money equivalent to US $150,000.

About the Bootcamp

The Accelerator Bootcamp has been mindfully devised to support startup teams in the Web3 space to find their footing as Web3 businesses. Unlike conventional tech startups, Web3 startups must follow a nuanced set of operations like setting up tokenomics and building a vision for native communities.

As forerunners in the Web3 industry, Lumos Labs (yours truly) and the HBAR Foundation have mapped out a learning journey for the top 20 teams to achieve realistic objectives.

The Bootcamp will focus on topics like:

• Raising Capital and Managing Finances for Blockchain Businesses
• Designing an Interoperable Web3.0 Infrastructure
• Business development in Web 3.0
• Legal and Regulatory Compliance
• Sustainability and Web3

The Bootcamp will also dedicatedly focus on providing startups with technological guidance when it comes to building their solutions on the Hedera Network Services.

Great things ahead, right? Now let’s get to the good part!

Meet the Top 20 Startups of the Second Cohort of the Hatch Web3 Accelerator for Hedera

Arc Solution Inc.

Arc Market is a Web3 startup that aims to revolutionize the Web3 ecosystem by leveraging its AI-Powered reactor, comprehensive DeFi ecosystem, and Dapp store. The company aims to provide innovative, secure, and accessible tools to its users so that they can build remarkable decentralized applications.

Lync

Lync is a Web3 startup that helps its clients launch their Web3 games easily in just a few simple steps. But that’s not all, Lync provides end-to-end solutions to their clients by providing them with easy ways to develop SDK wallets, develop their NFTs, build NFT Marketplace, and make IDA. The startup aims to help its clients launch Web 3.0 games without the hassle of going through long processes and without hampering the game.

1W3

1W3 is a Web3 startup that aims to democratize access to the Internet through blockchain technology. It provides a decentralized web infrastructure where users can build and host their websites without relying on traditional servers. By leveraging distributed storage and content delivery networks (CDNs), 1W3 enables censorship-resistant, resilient, and globally accessible web hosting.

Astranova

Astranova is a renowned Web3 gaming company that aims to create lasting communities for Web3 gamers and NFT enthusiasts. They have even launched their own free-to-play Web3 game, called Astra Nova, and provide a MetaRPG game experience to gamers. The game is based in space, where celestial bodies are colliding and getting destroyed, but this is just the beginning of the story. Visit their website to find out more.

JiffyScan

JiffyScan is a product by the Web3 startup JiffyLabs. The company aims to provide infrastructure for account abstraction. The company aims to enhance the user experience of their users while they are interacting with the Web3 ecosystem. The platform is a block explorer for Useroperations using EIP-4337. One of the most unique things about this platform is that it treats new entities like Paymasters, factories, bundles, and user operations as first-class citizens while designing the explorer.

ThirdFi

ThirdFi is a Web3 startup that aims to help its clients build remarkable DeFi applications. The company aims to bring the next billion people into the DeFi ecosystem ASAP. The startup has some of the best Web3 natives, DeFi builders, software engineers, product managers, and growth hackers that aim to build the best DeFi necessary tools and infrastructure.

SharpShark

SharpShark is a Web3 startup that tackles the issue of misinformation and plagiarism by leveraging blockchain technology. It provides a decentralized fact-checking and content-verification platform where users can submit and verify the accuracy of information. SharpShark uses blockchain to ensure the immutability and traceability of verified facts, allowing users to independently verify the authenticity of claims. By combining blockchain and community-driven validation, SharpShark aims to promote trustworthy and reliable information sharing.

$Earth-SolarPunkDAO

SolarPunkDAO is a Web3 startup focused on promoting sustainable and community-driven initiatives using blockchain technology. The company focuses on developing a zero-emission world leveraging Web3 tools. That’s not all, the company also aims in integrating nature with technology seamlessly to maximize well-being, regeneration, and spirituality, and simultaneously minimizing inequalities.

Utilify

Utilify is a Web3 startup that aims at building one of the simplest Web3 community platforms for the world. They even exaggerate the seamlessness of their platform by stating it as an n-code Web3 loyalty tool that even grandmas can use. The company also influences building loyal customers by rewarding them. One of the most unique things about Utilify is their Utilify memories. Pictures and memories from any social gatherings, conferences, or even tweets can be shared among a community as Utilify NFTs.

Bionic Owls

Bionic Owls is a decentralized gaming platform that allows users to play games and earn rewards. Bionic Owls is built on the Ethereum blockchain and uses the BOO token to power its economy. Bionic Owls users can play games, complete quests, and earn rewards with a single click. BOO tokens can be used to purchase in-game items, access exclusive content, and vote on platform proposals.

DropLinked

This is a Web3 startup that rewards its users in the form of cash or crypto for sharing their collections. The collection could be any form including pictures or Art. One of the best things about this platform is that because it is a transparent and decentralized platform, there is no censorship of any kind on the platform. The users can really show their creativity and can get rewarded for it at the same time.

Nomis

Nomis.cc is an enterprise-grade wallet-scoring as a service that unlocks web2 cookie-like use cases in web3. The infrastructure enables founders and BUIDLers to meet their specific business needs: acquire more and better engage target users, increase ROMI, imrpove user security, etc. Nomis gets on-chain data from 50+ sources and hires 30+ weighted parameters to assess wallets.

PxSwap

PxSwap is a Web3 startup that introduces liquidity and trading capabilities to the world of non-fungible tokens (NFTs). It operates as a decentralized exchange specifically designed for NFTs, allowing users to trade, buy, and sell digital collectables easily. PxSwap leverages blockchain technology to ensure secure transactions, transparent pricing, and efficient liquidity provision. By providing a dedicated marketplace for NFTs, PxSwap aims to facilitate the growth of the digital art and collectables market.

Rivera Money

Rivera Money is a unique DeFi operating system for investment professionals. The platform aims in eliminating the obstacles that are used to make innovation of self-custody products difficult and unavailable to general fund managers. The company is trying to enable a no-code infrastructure that empowers investment managers.

Fabwelt

Fabwelt is a gaming platform that aims to provide a highly-stimulating Web3 gaming environment to gamers. The platform has a range of Web3 games including 3D First Person Shooter, Action-adventure, Simulation, Strategy, Fantasy, and many more. The startup also creates a high-end Web3 gaming ecosystem for its users featuring Defi, in-game NFTs, Play-to-earn features, etc. The platform also provides in-game assets, collectibles, and strategic utilities to enhance the gaming experience for its users.

Frac

Frac is a decentralized autonomous organization (DAO) that is building a platform for fractional ownership of art. The company creates tokens that represent ownership of a fraction of an artwork. These tokens can be bought and sold on the Frac platform, allowing users to invest in art without having to buy the entire work. This makes art more accessible to a wider range of people, as they can buy shares in artworks that they may not be able to afford to buy outright.

Artsect

Artsect.xyz is a Digital Art Organization and community for digital artists, collectors, and enthusiasts. Their platform focuses on promoting and supporting digital art in all its forms, including digital paintings, 3D models, animations, and virtual reality experiences. Artsect.xyz aims to bridge the gap between traditional and digital art, providing a platform where artists can showcase their work and connect with a global audience. Artists can sell their artwork directly to collectors, and Artsect.xyz facilitates secure transactions and authenticates digital art through blockchain technology.

NiftySouq

NiftySouq.com is an online marketplace for non-fungible tokens (NFTs), catering to the growing demand for digital collectibles, virtual assets, and blockchain-based gaming items. The platform provides a user-friendly interface for buyers and sellers to trade NFTs securely and efficiently. They collaborate with artists, game developers, and content creators to curate a diverse and unique selection of NFTs. The marketplace ensures authenticity and provenance by leveraging blockchain technology to verify ownership and track the history of each NFT.

Zuraverse

Zuraverse is a unique concept based on the PEC (Play-Earn-Conserve) model of gaming. The platform has some of the most immersive metaverse games, using which they want to build self-sustainable DAO communities of gamers. They also award their top gamers with pretty lucrative rewards, which contributes to the Earn part of their model. And they are also aiming to bring environmental awareness among their gamers by partnering with their sister organization ConZure, which is a non-profit Web3 organization.

FourPi

FourPi is a Web3-based startup that is building a unique on-chain credit scoring system. This system will help in analyzing the creditworthiness of businesses and individuals. However, the standout point is that this system is based on the latest blockchain technology, which makes the storing of financial data more secure and transparent and will provide more accurate credit scoring. This will further help the users in an easy and quick approval of their loan applications, along with other financial products.

Ready, set, take off!

We‘d like to congratulate these startups for making it to the accelerator bootcamp and wish them the best as they work towards the US$ 150,000 funding pool.

The Bootcamp is set to help these 20 startups successfully grow and reach a place where they are ready for the market. We, along with our partners — BUIDLers Tribe, APAC DAO, HeadStarters, ReFi India, and the HBAR Foundation, are looking forward to what this cohort of startups will accomplish.