Saturday, 28 January 2023

Crypto News

Cointelegraph’s Accelerator Program launches and is seeking Web3 startups

Cointelegraph’s Accelerator Program launches and is seeking Web3 startups

The Web3 space is growing rapidly, and new startups are emerging daily. Overall investment into Web3 projects skyrocketed to $30 billion in 2021 and $36 billion in 2022, even amid the market crisis. While many projects have good ideas and a strong value proposition to bring to the space, this is a challenging field riddled with competition and a lack of trust from the broader audience.

Cointelegraph has established itself as a leader in the digital asset, Metaverse and emerging technologies media business since 2013, and is now looking to help other rising stars reach their full potential. Cointelegraph is delighted to introduce its Accelerator Program — a startup booster leveraging Cointelegraph’s capabilities as a strong media and strategic partner for promising Web3 companies.

Paul Solntsev, Head of Cointelegraph Accelerator, shared:

“We are excited to expand our product suite with the Accelerator Program, bringing more knowledge and education to our worldwide audience, especially regarding emerging tech startups and evolutions in Web3. We welcome companies with strong convictions and innovative projects to apply for the program and join our partner network to bring long-lasting value to the industry.”

Cointelegraph Accelerator will leverage the expertise of the global Cointelegraph team, counting more than 150 people working and developing media products in 11 languages. The program targets decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, Web3 social, cross-chain and layer-2 solutions, and other segments of the broader Web3 industry. The program has already onboarded more than a dozen companies, and has now publicly opened the application process for new candidates to join.

What is the Cointelegraph Accelerator Program?

While many accelerator programs focus on advisory followed by monetary investments, Cointelegraph takes a different route. Through the Accelerator Program, participants will be able to receive contributions from Cointelegraph in the form of media products that are available on the platform’s ecosystem. The media offerings are diverse and include standard advertorial products as well as individually tailored special projects, educational materials, native content integrations and much more.

One of the program’s key features is that it will be run by a separate commercial arm that is completely independent of Cointelegraph’s editorial team of journalists, and startups will be able to participate in the…

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