Cointelegraph Accelerator, a startup accelerator leveraging Cointelegraph’s capabilities as a media and strategic partner, announced that it will launch a second batch of programs in October 2023 for budding Web3 startups.
The 16 participants in the second cohort of the Cointelegraph Accelerator Program were selected from more than 1,000 startup applications and represent a wide range of Web3 verticals, including decentralized finance (DeFi), fintech, wallets, entertainment , Social and GameFi.
By joining Cointelegraph’s accelerator program, Web3 startups will gain access to marketing strategy expertise, access to Cointelegraph media products, and mentoring programs from industry experts on key startup development topics, including token design, fundraising, legal frameworks, and liquidity management, security, etc. Participants will also benefit from Cointelegraph’s extensive network of investors, foundations, infrastructure partners and other industry leaders.
The current Cointelegraph accelerator program consists of 16 Web3 startups focused on bringing innovation to the largest areas in the blockchain space. Learn more about them below:
DeFi and trading
In a world where traditional finance and decentralized finance coexist, bridging the gap between them is crucial. The latest Cointelegraph accelerator participants focused on DeFi services are delivering groundbreaking solutions that increase accessibility, transparency and efficiency, redefining trading and personal financial management for mainstream users.
change It is a personal finance mobile application that aims to bring traditional financial users to Web3 by combining centralized and decentralized finance on a single screen. As an all-in-one self-service wallet solution, Changex provides cryptocurrency exchange, buying, selling, and staking services. The platform has 2,500 monthly active users (MAU) with over $3 million in pledged assets.
Cryptobot is a cryptocurrency trading platform with advanced tools designed to bring the cryptocurrency community together. Users can take advantage of signals and trading strategies directly from professional traders and analysts, and in return they can earn investor kickbacks for providing strategies. The platform utilizes trading robots supported by intelligent algorithms and risk management systems to achieve automated trading. In 2022, the team’s transaction volume exceeded US$1 billion and there were more than 50,000 registered users.
Clip Finance is a DeFi protocol that aggregates and benefits from investment strategies available to mainstream audiences and other protocols. Users can deposit stablecoins with a single click and earn earnings from various DeFi protocol pools, including Aave, Thena, Stargate and Biswap. The platform is designed to simplify the creation of risk-analytical return portfolios and is currently preparing for the main launch based on feedback from the private beta phase.
traitor is bridging the gap between traditional banking and cryptocurrencies. This user-friendly platform offers full IBAN accounts and Visa cards, allowing users to easily pay with top cryptocurrencies such as BTC and ETH. The core product element is the non-custodial wallet, ensuring users maintain full control over their crypto assets. After a promising beta test with 2,500 users, the company is preparing to launch to the public market in the fourth quarter of 2023.
MC² Finance It is a non-custodial, cross-chain token strategy platform. It aims to democratize on-chain crypto wealth management through easy-to-use tools and access aggregated crypto portfolio strategies through a user-friendly user interface. The Europe-based MC² Finance team plans to launch its mainnet after hosting over 1,000 users during the platform’s testnet period.
Unwilling is a semi-authorized, blockchain-powered platform that bridges lenders and borrowers in the DeFi currency market. Through DeFi Lease, borrowers can obtain 3 times leveraged income capital. Inspired by traditional leasing, where one pays a small fee up front and takes ownership upon repayment, Nolus’ approach reduces the DeFi industry’s high over-collateralization standards, thereby increasing capital efficiency and providing borrowers with better loan conditions.
Velvet Capital It 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 that represent them. Users can invest in tokenized portfolios and earn income through lending, staking, capital gains or providing liquidity. The company provides Web3 applications for ordinary users and “DeFi as a service” (with SDK and API) for institutional customers. The platform has a live MVP and has more than 550 active investors.
whitelist area is a marketplace where cryptocurrency investors and enthusiasts can buy a “front row seat” to upcoming Web3 projects. Its mission is to democratize the early stage Web3 investment market in the most efficient and accessible way possible. Users can purchase and trade whitelists, which grant exclusive rights to participate in launch events such as the Initial DEX Offering (IDO). The platform has more than 50 projects and more than 7,000 whitelist submissions, attracting nearly 4,000 users.
Data storage and digital assets
Data sovereignty and security are crucial in the digital age. By providing decentralized data storage and powerful digital asset management solutions, these projects ensure a seamless transition to digital ownership and secure data management.
ghost drive It is a Web3 native data storage platform and user application based on the 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 using MetaMask or a traditional email and password combination and start storing data securely in the decentralized cloud.
grave is the first complete solution for complete 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 equipped with the highest security certification: EAL7 security operating system, jointly developed by world-renowned cryptography and security experts. The company also provides users with stainless steel encryption key backup and a mobile app to track their digital assets.
SocialFi and marketing technology
The traditional social media landscape often ignores fair revenue distribution and user control. However, innovative platforms are being developed that combine social interaction with financial incentives to create a more equitable social media ecosystem for content creators and consumers.
Popular social media It is a Web3 social gateway powered by AI. The platform explores a new approach to social media where users can create and share their content, interact with each other, and be rewarded with native Pop tokens for active participation in the app. Artificial intelligence algorithms are used in the content creation functionality and in the process of generating individual post feeds. Pop Social has been downloaded more than 250,000 times on the App Store and Google Play Store and has more than 40,000 daily active users.
read It is a social application using the Web3 sharing economy, where the content is owned by the creators and part of the advertising revenue is returned to them. Creators obtain tokens by sharing, users obtain tokens by reading, and advertisers purchase and destroy tokens to place ads and obtain user interest positioning data. The app has more than 510,000 user registrations and app downloads, more than 45,000 daily active users, and more than 563,000 pieces of content.
gami It is a venture capital company focusing on Web3 and has various products tailored for the blockchain industry. Gami’s main products are middle, an all-in-one marketing platform that works with more than 100 partners in the Web3 space to help optimize user acquisition and community engagement. Midle has over 22,000 unique users who have completed over 400,000 tasks.
Educational Technology and Human Resources Technology
Exclusivity and a lack of a proven talent pool are holding back the Web3 space. However, several initiatives are working to democratize Web3 solutions and education, bridge the gap between academic institutions and the blockchain industry, and promote continued innovation.
Talent is a Web3 talent platform where users can access blockchain education courses, events, certifications, and a traceable tokenized achievement system. At the same time, Web3 companies and projects have access to a pool of proven talent. More than 50 universities have cooperated with Talentre, and the platform has reached more than 170,000 registered wallets and more than 50 enterprise customers, including Circle, BNB Chain, Solana, etc.
entertainment
Monetization and user engagement are pressing challenges facing the entertainment industry. By embedding blockchain technology into streaming and gaming platforms, these innovative projects are creating a beneficial and engaging entertainment ecosystem for modern audiences.
replay Developed a blockchain-powered streaming service called bonus tv This gives viewers and creators control over their video streaming experience. RewardedTV uses blockchain technology to reward viewers with digital tokens and collectibles to increase engagement. The platform has more than 100,000 registered users and more than 4,000 video-on-demand (VOD) live TV channel options, with more partner streaming apps coming soon.
Fanton is a Web3 fantasy football game playable on Telegram and integrated with the Open Network (TON) blockchain. Similar to traditional fantasy sports games, which have a $25 billion market, the game allows players to create their own dream team using NFT cards of football superstars and earn points based on the players’ real-life performance. The product has been successfully launched with over 11,000 registered users to date.
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