LongHash Ventures, Asia’s leading Web3 accelerator and one of Asia’s leading Web3 venture capital funds, continues its partnership with Protocol Labs, creator of Filecoin and IPFS, to launch the 3rd Filecoin Cohort of LongHashX Accelerator. The program aims to accelerate the construction of projects by early-stage teams in the Filecoin ecosystem.
Established in 2018, LongHashX, a web3 accelerator and investment fund, has partnered with notable ecosystems such as Polkadot, Algorand, and Filecoin, among others. Filecoin Cohorts alumni include Lit Protocol, a decentralized access control network; Huddle01, a decentralized secure video calling application; and Lighthouse, a permanent storage protocol.
“We are very excited to continue our partnership with Protocol Labs as we launch the third LongHashX Accelerator Filecoin cohort. As the demand for decentralized storage grows, Filecoin is well positioned to be the top choice for Web3 developers. We look forward to more NFT, GameFi and Metaverse use cases, as well as middleware protocols, infrastructure and tools using Filecoin. As a long-time partner of Protocol Labs, we are proud to witness the tremendous growth of the Filecoin ecosystemsaid Emma Cui, founding partner and CEO of LongHash Ventures.
The 12-week program includes a series of workshops and fireside chats spread across six modules, namely Product Strategy and Design, Tokenomics, Governance, Technology Mentoring, Community Development and Fund raising. LongHashX Accelerator Venture Builders will also host weekly one-on-one problem-solving sessions to help founders tackle their toughest challenges, and teams will benefit from weekly mentorship hours with investors, founders, and developers from the networks of LongHash Ventures and Protocol Labs.
Additionally, projects selected for the program gain access to LongHash Ventures’ network of portfolio companies, investors, and community users to develop potential partnerships, investments, and acquire users.
Projects selected to join the program will receive $200,000 in funding from LongHash Ventures and open-source research, development, and deployment laboratory Protocol Labs. LongHash Ventures can also offer an additional discretionary investment of USD 300,000 in the most promising projects at the end of the program. The program ends with a demo day where startups will have the opportunity to pitch to investors.
Ten projects will join the 3rd LongHashX Accelerator Filecoin Cohort. Builders have until June 24 at 11:59 p.m. (GMT+8) to apply. Teams and projects interested in applying to the program can do so directly here.