The Web3 Investment Fund – LongHash Ventures – partnered with Terraform Labs to form the LongHashX Accelerator Terra group, aiming to reach founders and startups in the Terra ecosystem.
The deal will bring Terra’s first global accelerator program to market, which LongHash Ventures pledges to accelerate growth and invest in the next-generation leading Web3 protocol built on the Terra blockchain. Up to $500,000 in funding for many Terra-related projects.
Emma Cui – Founding Partner of LongHash Ventures – says her company is “excited” to join the effort with Terraform Labs.
“We are very impressed with the protocol and development of the Terra ecosystem, and we are very excited to expand the Accelerator’s partnership model with the world’s leading Web3 ecosystem,” she added.
LongHashX Accelerator will host weekly workshops. and hold discussions with industry leaders. And at the end of the program there will be a Demo Day where companies will be able to interact with investors
Do Kwon – Terraform Labs Co-Founder and CEO commented:
“This new fund unlocks a streamlined path for creators to pursue bold ideas. Loaded with first-class resources, workshops and advice. This will accelerate innovation in the Terra ecosystem.”
The post LongHash teamed up with Terraform Labs to accelerate Web3 development on Terra appeared first on Bitcoin Addict.