Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a strategic and media partner, announced the launch of its second cohort in October 2023 for new Web3 startups.
Selected from more than 1,000 startup applications, the 16 participants in the second cohort of the Cointelegraph Accelerator program represent a wide range of Web3 verticals, including decentralized finance (DeFi), fintech, wallets, entertainment, social media, and GameFi.
By joining Cointelegraph’s accelerator program, Web3 startups will gain experience in marketing strategies, access to Cointelegraph’s media products, and mentorship programs with industry experts on key startup development topics, including business design. tokens, fundraising, legal frameworks, liquidity management, security, etc. Participants will also benefit from access to Cointelegraph’s extensive network of investors, foundations, infrastructure partners, and other industry leaders.
The current cohort of the Cointelegraph Accelerator program consists of 16 Web3 startups focused on bringing innovation to the most important sectors of the blockchain space. Find out more about them below:
DeFi and trading
In a world where traditional and decentralized finance coexist, bridging the gap between them is crucial. The latest Cointelegraph Accelerator entrants focused on DeFi services are pioneering solutions to improve accessibility, transparency and efficiency, redefining business and personal finance management for core users.
changex is a personal finance mobile application that aims to bring traditional finance users to Web3 by combining centralized and decentralized finance on a single screen. As an all-in-one self-custody wallet solution, Changex offers cryptocurrency trading, buying, selling, and staking. The platform has 2,500 monthly active users (MAU) with over $3 million in staked assets.
CryptoRobotics is a crypto trading platform with advanced tools aimed at uniting the crypto community. Users can use trading signals and strategies coming directly from professional traders and analysts, who, in return, can earn investors rebates for providing their strategies. The platform leverages trading robots powered by intelligent algorithms with risk management systems to enable automated trading. The team reached over $1 billion in trading volume in 2022 with over 50,000 registered users.
Finance Clip is a DeFi protocol that aggregates and benefits from investment strategies available to the mainstream audience and other protocols. Users can deposit their stablecoins with a single click and earn returns from a suite of various DeFi protocols, including Aave, Thena, Stargate, and Biswap. The platform aims to simplify the creation of risk-analyzed performance portfolios and is currently preparing for the main launch based on feedback from the private beta phase.
Renegade is closing the gap between traditional banking and cryptocurrencies. The easy-to-use platform offers a full IBAN account and Visa card, allowing users to pay in major cryptocurrencies like btc and eth effortlessly. A core element of the product is the non-custodial wallet, which ensures that users maintain full control over their crypto assets. After a promising beta test with 2,500 users, the company is preparing for an open market launch in the fourth quarter of 2023.
MC² Finance is a non-custodial cross-chain token strategy platform. It aims to democratize access to on-chain crypto wealth management through easy-to-use tools and access to aggregated crypto portfolio strategies with an easy-to-use user interface. The Europe-based MC² Finance team aims to launch its mainnet after hosting over a thousand users during the platform’s testnet.
Reluctance is a blockchain-powered semi-permissioned platform that unites lenders and borrowers in a DeFi money market. With its DeFi Lease, borrowers can get 3x leveraged yield-generating capital. Inspired by traditional leasing, where one pays a fraction up front and gets ownership after payment, Nolus’ approach reduces the DeFi sector’s high overcollateralization standards, increasing capital efficiency and offering borrowers better loan terms. loan.
velvet capital is a DeFi platform on the BNB chain that helps create and manage on-chain funds and structured products. Asset managers can create portfolios of digital assets and mint synthetic tokens representing them. Users can invest in tokenized wallets and earn returns through lending, staking, capital gains, or providing liquidity. The company offers a Web3 application for regular users and “DeFi-as-a-Service” (with SDK and API) for institutional clients. The platform has a live MVP with over 550 active investors.
Whitelist zone is a marketplace where cryptocurrency investors and enthusiasts can buy “front row seats” to upcoming Web3 projects. Its mission is to democratize the market for first investments in Web3 in the most efficient and accessible way. Users can purchase and trade whitelists, which grant exclusive rights to participate in launch events such as initial DEX offerings (IDO). The platform hosts over 50 projects and over 7,000 whitelist submissions, attracting nearly 4,000 users.
Storage of data and digital assets.
Data sovereignty and security are paramount in the digital age. By offering decentralized data storage and robust digital asset management solutions, these projects ensure a smooth transition to digital ownership and secure data management.
Phantom unit is a native Web3 data storage platform and user application on InterPlanetary File System (IPFS) and Filecoin, a decentralized alternative to Google Drive where users can store, share and access data. Users can join by logging in with MetaMask or the traditional email and password combination and begin storing data securely in a decentralized cloud.
GRAVE is the first complete solution for full control of digital assets, focusing on self-custody, maximum security and ease of use. The hardware wallet, Ngrave Zero, is the only financial product in the world that features a secure operating system with the highest security certification – EAL7, developed with world-renowned cryptography and security experts. The company also offers its users a stainless steel encrypted backup for their keys and a mobile app to track their digital assets.
SocialFi and marketing technology
The mainstream social media landscape often overlooks fair revenue distribution and user control. However, innovative platforms are being developed to merge social interactions with financial incentives, creating a more equitable social media ecosystem for both content creators and consumers.
pop-social is an ai-powered social gateway to Web3. The platform explores a new approach to social media where users create and share their content, interact with each other, and get rewarded with native Pop Tokens for active participation in the app. ai algorithms are used in content creation functions and in the process of generating individual posts. Pop Social has already reached more than 250,000 downloads on the App Store and Google Play Store and has more than 40,000 daily active users.
Read ON is a social application with a Web3 sharing economy where the content is owned by the creators and part of the advertising revenue is distributed to them. Creators earn tokens for sharing, users earn tokens for reading, and advertisers buy and burn tokens to place ads and access data targeting users’ interests. The application has reached more than 510,000 user registrations and application downloads, 45,000 daily active users and more than 563,000 content.
GAMI is a Web3-focused business builder that hosts a variety of products tailored to the blockchain industry. Gami’s flagship product is Half, an all-in-one marketing platform that helps optimize user acquisition and community engagement, working with over 100 Web3 space partners. Midle has already reached over 22,000 unique users who have completed over 400,000 quests.
edtech and HRTech
Exclusivity and lack of verified talent pools hinder the growth of the Web3 domain. However, some projects are working to democratize access to Web3 solutions and education, bridge the gap between academic institutions and the blockchain industry, and facilitate continued innovation.
Talents is a Web3 talent platform where users have access to educational courses, events, certifications, and a trackable tokenized achievement system. At the same time, Web3 companies and projects gain access to a pool of verified talent. More than 50 universities have already partnered with Talentre and the platform has reached more than 170,000 registered wallets and more than 50 merchant clients, including Circle, BNB Chain, Solana and many others.
Entertainment
Monetization and user engagement are pressing challenges in the entertainment sector. By incorporating blockchain technology into streaming and gaming platforms, these innovative projects are creating an engaging and rewarding entertainment ecosystem for modern audiences.
Repetition has developed a blockchain-based streaming service called rewarded TV allowing viewers and creators to take control of their video streaming experience. RewardedTV uses blockchain technology to reward viewers with digital tokens and collectibles to drive engagement. The platform has over 100,000 registered users and over 4,000 video-on-demand (VOD) live TV channel options, with more partner streaming apps on the way.
fanton is a Web3 fantasy football game that can be played on Telegram and integrated with The Open Network (TON) blockchain. Like traditional fantasy sports games, which span a $25 billion market, the game allows players to create their dream team with nft cards of soccer superstars and earn points based on player performances. in real life. The product has had a successful launch reaching more than 11,000 registered users to date.
