XinFin XDC Network and Founders Launch XDC 0xCamp Accelerator Program to Support Global Web3 Startups

[Press Release - Singapore, Singapore, September 2, 2024]

The EVM-compatible Layer 1 blockchain XinFin XDC Network and the world's leading Web3 accelerator Foundership have announced the launch of the 12-week XDC 0xCamp accelerator program. This program aims to provide a transformative platform for six innovative startups selected from hundreds of applications worldwide. These startups will participate in a comprehensive 90-day token launch readiness program designed to accelerate their growth and success within the Web3 ecosystem.

In addition to integration with the XDC Network's mainnet, each project will mint its native tokens on XDC and contribute unique products and protocols in various fields such as Real World Assets (RWA), SocialFi, gaming, sports, and DeFi.

The XDC 0xCamp program offers these startups strategic guidance from top industry mentors, helping them refine business ideas, design effective tokenomics, develop go-to-market strategies, and receive technical support—all critical elements for a successful token launch.

A highlight of the program is the demo day held in Singapore during Token2049, where Web3 venture capitalists and angel investors will be invited to meet with startups ready for investment.

By the end of the program, each startup is eligible for up to $100,000 in investment from XVC Tech, depending on the milestones achieved in the token launch readiness program.

The participating teams consist of distinguished founders who leverage XinFin XDC Network's Layer 1 technology to develop next-generation breakthrough products and protocols. Founders will provide tailored contextual acceleration based on each startup's specific needs, covering tokenomics, business growth, key opinion leaders (KOL), launchpads, exchanges, market makers, and all other essential elements required to achieve a token generation event (TGE) after project completion.

Ritesh Kakkad, co-founder of XinFin XDC Network, stated: "The launch of the XDC 0xCamp accelerator program represents a pivotal moment in the Web3 space. By collaborating with Foundership, we are opening new avenues for startups to innovate and grow on the XDC Network. Our network is designed to support and scale breakthrough projects, and we are excited to see these teams bring transformative solutions to the Web3 ecosystem. This initiative not only fosters technological advancement but also strengthens our commitment to empowering visionary entrepreneurs shaping the future of blockchain."

Foundership co-founders Santosh Panda and Bimlesh Gundurao stated: "We are thrilled to announce that these teams will join our XDC 0xCamp accelerator program. These six teams are building truly multi-chain applications using the XinFin XDC Network Layer 1 tech stack, and we are excited to support their progress and token launches on the XDC Network."

Pranav Agarwal, Head of Capital at Foundership, stated: "Through this project, we are supercharging the XDC ecosystem with live projects, having a great community and a long-term vision. This is a true value addition for all stakeholders."

Aneri, Head of Ecosystem and Investments at XVC Tech, stated: "At XVC Tech, we are committed to investing in innovative projects with long-term success potential in the Web3 ecosystem. We believe the projects emerging from this program will play a key role in shaping the next wave of Web3 innovation on the XDC Network."

For more information, please visit: foundersiphq.com/xdc-0xcamp

About the 6 Selected Projects:

XinFin XDC Network and Foundership are excited to introduce the six startups participating in the XDC 0xCamp program: Akka Finance, Zayn Network, MetaSoccer, Earnscape, Panenka FC, and Fandora.

1. MetaSoccer

MetaSoccer allows users to become real club owners, earning rewards through clever management and strategic gameplay. Link: https://metasoccer.com/

Headquarters - USA

2. Zayn Network

Modular ZK L2 combines Bitcoin and Ethereum, unlocking Bitcoin liquidity for the next billion users through EVM dApps. Link: https://zayn.network/

Headquarters - Singapore

3. Akka Finance

Trade, earn potential returns, and own cryptocurrencies on an all-in-one multi-chain DEX. AKKA is a cross-chain solution enabling seamless liquidity access and service aggregation across multiple blockchains, facilitating interoperability, programmability, and user experience in web 3.0. Link: https://app.akka.finance/swap?chain=xdc

Headquarters - Dubai

4. Fandora

Combining content, brands, and Web3. India's first Content IP tokenization and the world's first Web3 Advisors NFT platform. Link: https://fandora.app/

Headquarters - India

5. Panenka FC

Panenka FC uses smart contracts on the blockchain to automate and decentralize game room management and reward distribution. Link: https://www.panenkafc.gg/

Headquarters - Singapore

6. Earnscape

Earnscape offers a rewards system to enhance user retention and new traffic. Earnscape initially focuses on using blockchain for gaming to enable reward payments. Link: https://earnscape.io/

Headquarters - USA