Future Money Group launches $5M DePIN accelerator program with IoTeX Foundation
On December 15th, Web3 investment company Future Money Group and the IoTeX Foundation jointly launched the DePIN (decentralized physical infrastructure network) accelerator program with a scale of $5 million, aimed at cultivating innovative Web3 startups in the DePIN, artificial intelligence, and unlocking real-world value fields. Each selected project will receive an initial investment of $50,000 and may be eligible for additional funding.
The virtual accelerator program will accept applications from December 24th, 2023 to January 14th, 2024, and the first demo day will be held at the end of February 2024. Over a period of 6 weeks, Future Money Group and the IoTeX Foundation will lead an intensive program, providing networking opportunities, resources, and mentorship support, with key focus areas including DePIN's flywheel mechanism, token economics, effective pitching and fundraising strategies, technical workshops, modular development tools, marketing strategies, liquidity enhancement, and community engagement.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case
In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.

Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer
Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund.

Bitcoin Surpasses Amazon, Approaches Google’s Market Cap

Michael Saylor Backs New SEC Chair for Bitcoin Growth

Trending news
MoreCrypto prices
More








