Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort

1 year ago

Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities arsenic a media and strategical partner, announced its 2nd cohort launching successful October 2023 for up-and-coming Web3 startups.

Selected from implicit 1000 startup applications, the 16 participants of the 2nd cohort of the Cointelegraph Accelerator program correspond a wide array of Web3 verticals, including decentralized concern (DeFi), fintech, wallets, entertainment, social, and GameFi.

By joining Cointelegraph’s accelerator program, Web3 startups volition get selling strategy expertise, entree to Cointelegraph media products, and mentorship programs with manufacture experts connected cardinal start-up improvement topics, including token design, fundraising, ineligible frameworks, liquidity management, security, etc. The participants volition besides payment from entree to Cointelegraph’s wide web of investors, foundations, infrastructure partners, and different manufacture leaders.

The existent cohort of the Cointelegraph Accelerator programme consists of 16 Web3 startups focused connected bringing innovation to the biggest sectors successful the blockchain space. Find retired much astir them below:

DeFi and trading

In a satellite wherever accepted and decentralized concern coexist, bridging the spread betwixt them is crucial. The latest Cointelegraph Accelerator participants focused connected DeFi services are pioneering solutions to heighten accessibility, transparency, and efficiency, frankincense redefining trading and idiosyncratic concern absorption for mainstream users.

Changex is simply a idiosyncratic concern mobile app that aims to bring accepted concern users to Web3 by combining centralized and decentralized concern connected a azygous screen. As an all-in-one self-custody wallet solution, Changex offers crypto swapping, buying, selling, and staking. The level has 2,500 monthly progressive users (MAU) with implicit $3 cardinal successful staked assets.

CryptoRobotics is simply a crypto trading level with precocious tools aimed astatine bringing the crypto assemblage together. Users tin utilize the signals and trading strategies coming straight from nonrecreational traders and analysts, who, successful return, tin gain capitalist rebates for providing their strategies. The level leverages trading robots powered by astute algorithms with hazard absorption systems to alteration automated trading. The squad reached implicit $1 cardinal successful trading measurement successful 2022 with implicit 50,000 registered users.

Clip Finance is simply a DeFi protocol that aggregates and benefits from the concern strategies disposable to the mainstream assemblage and different protocols. Users tin deposit their stablecoins with a azygous click and get output from a excavation of assorted DeFi protocols, including Aave, Thena, Stargate, and Biswap. The level aims to simplify the instauration of risk-analyzed output portfolios and is presently preparing for the main motorboat based connected feedback from the backstage beta phase.

Renegade is bridging the spread betwixt accepted banking and cryptocurrencies. The user-friendly level offers some a afloat IBAN relationship and a Visa card, allowing users to wage successful apical cryptocurrencies similar BTC and ETH effortlessly. A cardinal merchandise constituent is the noncustodial wallet, ensuring users support afloat power implicit their crypto assets. After a promising beta trial with 2,500 users, the institution is gearing up for an unfastened marketplace motorboat successful Q4 2023.

MC² Finance is simply a noncustodial, cross-chain token strategy platform. It aims to democratize entree to on-chain crypto wealthiness absorption done easy-to-use tools and entree to aggregated crypto portfolio strategies with a user-friendly UI. The European-based MC² Finance squad aims to motorboat its mainnet aft hosting implicit a 1000 users during the platform’s testnet.

Nolus is simply a semi-permissioned, blockchain-powered level that bridges lenders and borrowers successful a DeFi wealth market. With its DeFi Lease, borrowers tin unafraid 3x leveraged yield-generating capital. Inspired by accepted leasing, wherever 1 pays a fraction upfront and gains ownership aft repayment, Nolus' attack cuts down the DeFi sector's precocious overcollateralization standards, which boosts superior ratio and offers borrowers amended indebtedness terms.

Velvet Capital is simply a DeFi level connected the BNB Chain that helps make and negociate on-chain funds and structured products. Asset managers tin make portfolios of integer assets and mint synthetic tokens representing them. Users tin put successful tokenized portfolios and gain output from lending, staking, superior gains, oregon providing liquidity. The institution offers a Web3 app for regular users and “DeFi-as-a-Service” (with SDK and APIs) for organization clients. The level has a unrecorded MVP with implicit 550 progressive investors.

WhiteList Zone is simply a marketplace wherever crypto investors and enthusiasts tin bargain “front-row seats” for upcoming Web3 projects. Its ngo is to democratize the marketplace of aboriginal Web3 investments successful the astir businesslike and accessible way. Users tin bargain and commercialized whitelists, which assistance exclusive rights to enactment successful motorboat events specified arsenic initial DEX offerings (IDOs). The level hosts implicit 50 projects and implicit 7,000 whitelist submissions, attracting astir 4,000 users.

Data retention and integer assets

Data sovereignty and information are paramount successful the integer age. By offering decentralized information retention and robust integer plus absorption solutions, these projects guarantee a seamless modulation toward integer ownership and unafraid information management.

GhostDrive is simply a Web3 autochthonal information retention level and idiosyncratic exertion connected the InterPlanetary File System (IPFS) and Filecoin, a decentralized alternate to Google Drive wherever users tin store, share, and entree data. Users tin articulation by logging successful with MetaMask oregon the accepted email and password operation and commencement storing information successful a decentralized unreality securely.

NGRAVE is the archetypal implicit solution for afloat power of integer assets, focusing connected self-custody, maximum security, and easiness of use. The hardware wallet, Ngrave Zero, is the world’s lone fiscal merchandise featuring a unafraid OS with the highest information certification: EAL7, developed with world-renowned cryptography and information experts. The institution besides offers its users a stainless alloy encrypted backup for their keys and a mobile app to way their integer assets.

SocialFi and Marketing tech

The accepted societal media scenery often overlooks just gross organisation and idiosyncratic control. However, innovative platforms are being developed to merge societal interactions with fiscal incentives, creating a much equitable societal media ecosystem for some contented creators and consumers.

Pop Social is an AI-powered societal gateway to Web3. The level explores a caller attack to societal media wherever users make and stock their content, interact with each other, and get rewards with autochthonal Pop Tokens for progressive engagement with the app. AI algorithms are utilized successful the contented instauration features and successful the process of generating idiosyncratic station feeds. Pop Social has already reached implicit 250,000 downloads connected the App Store and Google Play Store and has implicit 40,000 regular progressive users.

ReadON is simply a societal app with a Web3 sharing system wherever contented is owned by creators, and portion of the advertisement gross is distributed backmost to them. Creators gain tokens for sharing, users gain tokens for reading, and advertisers bargain and pain tokens to spot ads and entree users' interests targeting data. The app has reached implicit 510,000 idiosyncratic registrations and app downloads, 45,000 regular progressive users, and implicit 563,000 contented pieces.

GAMI is simply a Web3-focused task builder that hosts a assortment of products tailored to the blockchain industry. Gami’s flagship merchandise is Midle, an all-in-one selling level that helps optimize idiosyncratic acquisition and assemblage engagement, moving with 100+ partners from the Web3 space. Midle has already reached implicit 22,000 unsocial users who person completed implicit 400,000 quests.

EdTech and HRTech

Exclusivity and a deficiency of verified endowment pools hinder the maturation of the Web3 domain. Some projects, however, are moving connected democratizing entree to Web3 solutions and education, bridging the spread betwixt world institutions and the blockchain industry, and facilitating continuous innovation.

Talentre is simply a Web3 endowment level wherever users person entree to blockchain acquisition courses, events, certifications, and a traceable tokenized accomplishment system. At the aforesaid time, Web3 companies and projects get entree to a verified endowment pool. More than 50 universities person already partnered with Talentre, and the level has reached implicit 170,000 registered wallets and implicit 50 concern clients, including Circle, BNB Chain, Solana, and galore others.

Entertainment

Monetization and idiosyncratic engagement are pressing challenges successful the amusement sector. By embedding blockchain exertion successful streaming and gaming platforms, these innovative projects are crafting a rewarding and engaging amusement ecosystem for modern audiences.

Replay has developed a blockchain-powered streaming work called RewardedTV that empowers viewers and creators to instrumentality power of their video streaming experience. RewardedTV uses blockchain tech to reward viewers with integer tokens and collectibles to thrust engagement. The level has implicit 100,000 registered users, and much than 4,000 videos-on-demand (VOD) unrecorded TV transmission options, with much partnered streaming apps connected the way.

Fanton is simply a Web3 phantasy shot crippled playable connected Telegram and integrated with The Open Network (TON) blockchain. Similar to accepted phantasy sports games, which comprise a $25 cardinal market, the crippled allows players to make their imagination squad with NFT cards of shot superstars and gain points based connected the players’ real-life performances. The merchandise has had a palmy motorboat reaching much than 11,000 registered users to date.

View source