LongHash Ventures and Protocol Labs team up to unveil the third LongHashX Filecoin Cohort

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LongHash Ventures, the’s first Web3 Accelerator in Asia and one of the region’s top Web3 venture capital funds, is launching the third LongHashX Accelerator Filecoin Cohort in collaboration with Protocol Labs, the creators of Filecoin and IPFS.

Initiative to help startups working with Filecoin projects

The initiative intends to help early-stage startups working on Filecoin-related projects. Since its inception three years, the LongHashX Accelerator has worked with a number of significant ecosystems, including Polkadot, Algorand, and Filecoin.

Lit Technology, a decentralized user access platform; Huddle01, a blockchain private video calling service; and Lighthouse, a long term storage protocol, are all past Filecoin Cohort grads.

CEO and Founding Partner of LongHashX Accelerator Emma Cui said:

We are very excited to continue our partnership with Protocol Labs as we launch the third LongHashX Accelerator Filecoin Cohort. As demand for decentralized storage grows, Filecoin is well-placed to be the leading choice for Web3 developers. We are looking forward to more NFT, GameFi, and Metaverse use cases, as well as middleware, infrastructure, and tooling protocols using Filecoin. As a long-time partner of Protocol Labs, we are proud to witness the tremendous growth of the Filecoin ecosystem.

Six modules covered in the 12-week program

Tokenomics, Product Strategy & Design Governance, Community Building, Tech Mentorship and Fundraising are among the six modules covered by the 12-week curriculum, which involves a set of seminars and roundtables.

LongHashX Accelerator Venture Builders will also hold weekly face to face problem-solving meetings to assist creators with their most pressing issues, and teams will have weekly mentoring staff meetings with funders, founders, and engineers from LongHash Ventures and Protocol Labs’ networks.

In addition, projects chosen for the initiative gain access to LongHash Ventures’ ecosystem of portfolio businesses, investors, and communities in order to establish prospective partnerships, investment, and user acquisition.

LongHash Ventures and Protocol Labs will contribute $200,000 to initiatives selected for the program.

Following the program completion, LongHash Ventures may contribute an additional $300,000 in some of the most ambitious projects.

The program concludes with a Demonstration Day, during which the entrepreneurs will present to investors.

The 3rd LongHashX Accelerator Filecoin Cohort will include ten projects. Developers has until the June 24, 2022 at 11:59pm (GMT+8) to submit their applications

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from Blockchain – Invezz

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