Cosmos-built EVM-ready blockchain Cronos selects 1st cohort of $100M accelerator » CryptoNinjas

Cronos, the primary EVM-compatible layer-1 blockchain constructed on the Cosmos SDK, introduced as we speak the 9 members chosen for the primary cohort of its flagship $100M-backed Cronos Accelerator Program.

The Cronos Accelerator is a 10-week program designed to speed up the expansion of prime venture groups constructing on the Cronos chain. The Cronos Accelerator Program is funded by the $100M Cronos Ecosystem Fund and can function 3-4 accelerator cohorts per 12 months.

Because the official announcement of the Cronos Accelerator Program in June, Cronos obtained over 300 functions throughout quite a lot of DeFi, web3 gaming, and infrastructure initiatives.

Candidates had been assessed based mostly on their market potential, product attractiveness, crew expertise, and the synergies they’ve with Cronos Chain.

After a rigorous choice course of, Cronos Labs has chosen the next 9 members for its inaugural accelerator cohort:

1. D.G.Friends (Web3 Gaming)

D.G.Friends is an interoperable multi-game, multi-genre NFT web3 Gaming Challenge throughout V-pet simulator, 5v5 auto-battler, Digital city, Simulation SLG Tower Protection.

2. Eyeball Pool (Web3 Gaming)

Eyeball Pool is a multiplayer skill-based cellular sport that lets gamers make the most of NFTs throughout Pool occasions, tournaments, and head-to-head video games to earn rewards.

3. Harbor (Web3 Gaming)

Harbor goals to be an online 2.5 multi-genre cellular gaming platform amplifying Free-to-Play experiences with a crypto-economic layer.

4. The New Resistance (Web3 Gaming)

The New Resistance is a First Individual Shooter sport providing each a Multiplayer PvP expertise with customized sport modes and a Co-op PvE Generative Dungeon.

5. Wild Forest (Web3 Gaming)

Wild Forest is a Free-to-Play & Play-to-Earn cellular real-time technique sport with direct unit management, and deep card accumulating parts.

6. Bubble Maps (Infrastructure Analytics)

Bubblemaps is a provide auditing and analytics visualization instrument for tokens and NFTs. The platform’s distinctive and colourful bubbles make on-chain information straightforward to grasp.

7. Meshlink (Infrastructure Analytics)

Meshlink is an all-in-one smart-contract administration and transaction analytics platform.

8. ReferReach (SocialFi)

ReferReach is the first-of-its-kind referral platform that lets customers simply uncover, set up and prioritize enterprise referrals. The platform integrates synthetic intelligence with customers’ community data to create extra enterprise alternatives.

9. Glass Finance (DeFi)

Glass Finance is a DeFi protocol providing an modern Discretized-Liquidity-AMM DEX mannequin that maximizes capital effectivity by permitting customers to deploy liquidity in sure value ticks and enabling non-custodial on-chain restrict orders.

These 9 members might be matched with respected trade mentors who might be offering them with devoted mentorship. Moreover, these members will profit from weekly workshops led by Cronos labs and exterior material specialists, overlaying key subjects referring to early-stage protocol constructing.

“Cronos is devoted to supporting a vibrant and rising ecosystem of dApps and customers of DeFi, GameFi, SocialFi, and infrastructure analytics. Finally, this primary cohort of the Cronos Accelerator Programme established a precedent for our program to champion initiatives which have the potential to prepared the ground in participating and onboarding the following technology of web3 customers. We’re desirous to be working carefully with these distinctive members to quick observe their progress on Cronos and past.”
– Ken Timsit, Managing Director of Cronos

The Cronos Accelerator encompasses a line-up of enterprise funds, gaming guilds, and infrastructure companions who will present help to the members by way of workshops and panel discussions.

Companions embody Spartan Labs, Mechanism Capital, Capital, Ubisoft, IOSG Ventures, OKX Blockdream Ventures, Lingfeng Innovation Fund, Protocol Labs, Altcoin Buzz, Dorahacks, NGC Metaverse Ventures, AP Capital, Simmons & Simmons, AvocadoDAO, PathDAO, Re:base Ventures, and extra.

Moreover, the Cronos Accelerator has additionally onboarded a number of mentors who will supply devoted mentorship and tailor-made recommendation to the members.

Mentors embody:

  • Benson Yan (Accomplice, OKX Blockdream Ventures)
  • Eric Yang (Managing Accomplice, Elementary Labs)
  • Eugin Lee (Angel Investor)
  • Eva Wu (Principal, Mechanism Capital)
  • Jon Russell (Accomplice, Capital)
  • Josh Wang (Enterprise Investor, PathDAO)
  • Ken Timsit (Managing Director, Cronos Labs)
  • Nicole Zhang (Accomplice, Lingfeng Innovation Fund)
  • Queenie Wu (Accomplice, IOSG Ventures)
  • Shashwat Gupta (CEO & Founder, Altcoin Buzz)
  • Shaun Heng (Head of Spartan Labs)
  • Usman Choudhry (Head of Crypto, AP Capital)
  • Zihao Chen (Managing Director, NGC Metaverse Ventures)

“Cronos has rapidly change into one of many main web3 ecosystems and I’m excited to see its development super-charged with the Cronos Accelerator program. The road-up of high quality mentors and entry to assets will allow founders and groups who enter this system to construct impactful web3 corporations.”
– Jon Russell, Funding Accomplice at Capital

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