đź“Ł Hatch Web3 Accelerator for Hedera is back with up to US $150k HBAR tokens in grants
Hatch Web3 Accelerator for Hedera is Back for another Cohort of Web3 startups!
Organised by (yours truly) Lumos Labs and supported by the HBAR Foundation, we’re excited to launch the second season of an innovative accelerator programme. This accelerator is designed to help early-stage Web3 startups build and scale their Web3 solutions on the Hedera network — a decentralised public network that offers fast and secure transactions, native tokenisation, and much more.
After a successful season with the first cohort of the Hatch Web3 Accelerator with Hedera in 2022, we’re back with a new and improved accelerator programme for all Web3 founders out there!
Get to know the Hatch Web3 Accelerator for Hedera — Season 2
The Hatch Web3 Accelerator for Hedera offers a wide range of benefits to participating startups, including access to mentorship and coaching from industry experts, funding to support their development, and access to the Hedera Network Services.
With its focus on Web3 solutions, the Hatch Web3 Accelerator is the perfect place for startups looking to build and grow in the fast-moving world of Web3.
The Accelerator is designed to support founders with:
- An early-stage startup
- A novel Web3 offering with the intention to use the Hedera distributed ledger network
- A dedicated team
- An intention to integrate with Hedera distributed ledger network
The Accelerator will host startups in any of the following tracks:
Sustainability
- ESG Reporting,
- Validation and verification,
- ESG and development of methodologies on the Hedera Guardian technology,
- Sustainable debt/green bonds
FinTech
- Stablecoins,
- Enterprise-grade infrastructure (custody, etc),
- Asset tokenisation,
- Institutional DeFi,
- Insuretech
- Payroll management,
- Tax/Wealth management apps
Crypto Economy
- DeFi (building on top of the existing ecosystem),
- Social DeFi,
- Digital Identity and Decentralised Identifiers,
- Zero Knowledge solutions,
Metaverse
- Games,
- NFTs with utility,
- Consumer engagement
Providing the right support for the Web3 Startup ecosystem
For Web3 startup founders, the road to success can be challenging, but the Hatch Web3 Accelerator for Hedera is here to make that journey a little bit easier. Rob Allen — SVP of Ecosystem Acceleration, HBAR Foundation, believes that this supportive environment will be key to enabling founders.
“By providing a supportive environment where startups can connect with industry experts, learn from experienced mentors, and access the resources they need to grow, the Hatch Web3 Accelerator is the ideal place to take your Web3 solution to the next level. With the success from the previous season with US$ 150k in grants distributed, we’re excited to work with Lumos Labs again to kick off the second season.”
- Rob Allen, HBAR Foundation
Rob also added that the Hedera network, with its focus on fast and secure transactions, is the perfect place to build Web3 solutions. “The Hatch Web3 Accelerator offers easy access to the Hedera network services: the Hedera Consensus Service, which allows you to notarise and ensure data provenance on the network; the Hedera Token Service, which enables you to issue and manage your own tokens; and the Hedera Smart Contract Service, the fastest most cost effective EVM compatible may of building smart contracts…
…With these powerful tools at their disposal, founders will be able to build Web3 solutions that are both innovative and scalable on the world’s greenest and most sustainable public distributed ledger network.”
Enabling startups to grow their Web3 world is our mission, and we’re proud to offer a program that is tailored to the unique needs of Web3 startups. Kaavya Prasad — Founder, Lumos Labs, expressed her enthusiasm towards the Accelerator’s launch. “At Lumos Labs, we believe that startups are the lifeblood of the Web3 world. That’s why we’re committed to providing the resources and support that startups need to thrive,” she said.
“Whether you’re just getting started with your Web3 solution or you’re ready to take it to the next level, the Hatch Web3 Accelerator is here to help. The synergy between the HBAR Foundation and Lumos Labs and the success of the previous Accelerator edition made the 2nd season the obvious next step,” said Kaavya Prasad, Lumos Labs.
If you’re a Web3 startup founder looking for a supportive environment where you can take your solution to the next level, the Hatch Web3 Accelerator is the place to be. Registrations for Cohort 2 close on Sunday, 30th April 2023, so don’t wait — sign up today and start growing your Web3 world!
