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Kriptoteka > Market > Institutions > Boba LiftOFF Accelerator Attracts DeFi, AI, Gaming Projects
Institutions

Boba LiftOFF Accelerator Attracts DeFi, AI, Gaming Projects

marcel.mihalic@gmail.com
Last updated: September 26, 2024 2:17 pm
By marcel.mihalic@gmail.com 5 Min Read
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 Boba Network, a multichain layer-2 scaling solution based on optimistic technology, is thrilled to share that since its inception, the Boba LiftOFF Accelerator has garnered substantial interest within the blockchain sector, quickly positioning Boba Network as a prominent player in the Web3 landscape. This initiative, aimed at fostering and expanding projects concentrated on real-world assets (RWA), artificial intelligence (AI), decentralized finance (DeFi), and Web3 gaming, offers over $1 million in grants and has already attracted numerous applications and collaborations that aim to redefine decentralized applications (DApps).

The Boba LiftOFF Accelerator has attracted 150 applications globally, each presenting distinct and innovative concepts that set them apart from the conventional DApps predominantly found in the blockchain space. This surge of interest underscores the program’s capacity to draw exceptional talent and projects eager to utilize Boba Network’s efficient and cost-effective infrastructure.

Launched in collaboration with Brinc, an esteemed global leader in venture acceleration and corporate innovation, the accelerator has forged over 25 significant partnerships with key figures in the Web3 domain, including Animoca Brands, Bixin Ventures, Ceras, Cointelegraph, DMCC, Enjinstarter, Enya Labs, Gate.io, Genesis Capital, Ghaf Capital Partners, Gotbit, Mulana Capital, and The Crypto Times.

The Boba LiftOFF Accelerator aims to seek out and aid exceptional Web3 startups that are pushing boundaries in RWA, AI, DeFi, and gaming sectors. Successful applicants will gain access to milestone-driven grants, comprehensive technical support, and strategic business development assets.

The program boasts renowned advisers from the Web3 ecosystem, including Nitin Gupta from Habit Network, Joyce Chin from Animoca Brands, Zaher El Orm from DMCC, and Sidd Ghandi from GrowX Ventures. Moreover, participants will receive lifelong access to the network, ongoing support, and extensive exposure through Boba and Brinc’s international communities and social media outlets.

As additional projects gear up to unveil on the Boba Network, the enthusiasm and expectation within the community are evident. Developers and creators eager to join this transformative movement are invited to apply and help forge the future of Web3 innovation.

For details on the application process and eligibility standards, kindly visit the accelerator page. 

About Boba

Boba Network is a multichain layer-2 scaling solution based on optimistic technology, aiming to harness the capabilities of roll-up technology for more versatile blockchain interactions. The protocol is fully compatible with EVM-based tools and has already implemented multichain support for Ethereum and BNB, facilitating transactions that are lightning-fast and at costs ranging from 40-100 times lower than their layer-1 counterparts. Powered by HybridCompute™ technology, Boba Network allows pioneering developers to integrate off-chain computing and real-world data to create hybrid dapps that connect users to the future of blockchain solutions.

Learn more: https://boba.network/

About Brinc

Based in Hong Kong, Brinc serves as a frontrunner in global venture acceleration and runs 10 multidisciplinary accelerator programs across seven nations. Brinc fosters startups concentrated on climate technology, carbon dioxide removal (CDR), food innovation, blockchain, AI, Web3, connected hardware, robotics, and IoT to promote a sustainable, equitable, and inclusive future.

Brinc also aids corporations with decentralized innovation strategies, the sourcing of emerging startups and technologies, as well as the development of Web3-enabled businesses. Global companies (Manulife, Huawei, Schneider Electric, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), government organizations (Hong Kong Science Park, NEOM, MBRIF, Guangdong Soft-tech Park), higher education institutions (HK City University, National University of Singapore), rapidly growing firms (Animoca Brands), and leading venture capital funds (Artesian, LeverVC, Tamkeen, EDB) have all partnered with Brinc in various programs. In 2021, Brinc unveiled a series of venture funds to invest in promising early-stage companies via accelerators and provide LPs access to Series A+ co-investment opportunities.

Learn more: www.brinc.io

Disclaimer: The information provided in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency activities entail risks. There is a possibility of losing funds. It is highly advised to exercise due diligence, including consulting with a professional financial advisor, prior to investing in or trading cryptocurrencies and securities.

Yasin Aboudaoud
[email protected]

Gian Kim
[email protected]

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