Brinc partners with Cointelegraph Accelerator to establish a two-way support bridge for startups developing the future of Web3
Web3 startups often face challenges unique to the nascent ecosystem — complex regulatory landscapes and scaling with decentralization are just two of many. Venture capital flowing into Web3 startupsover the last year, and new projects need more help than ever to carry their work throughout the early phases.
This is where Web3-focused accelerators can step in. Programs designed by industry leaders act as pathfinders to guide promising projects and startups through the uncharted horizons of Web3. Tailored to the specific needs of Web3 ventures, accelerator programs offer a range of resources, including mentorship from industry experts, access to a well-established network and programs designed to address the unique challenges faced by newly emerging startups.
Web3 startup funding took a hit during the crypto winter of 2022, and has not recovered so far. Source:When the market conditions become unpredictable, it’s crucial for the industry to collaborate and find ways beyond VC money to endure the economic downturns. Headquartered in Hong Kong,is a venture accelerator that empowers game changers to help solve some of the world’s biggest challenges and actively supports entrepreneurs from around the globe on their path to innovation.
Brinc’s Web3 program is delivered in partnership with Animoca Brands and is set to host its fourth cohort in Q1, 2024. Through the program, Brinc has accelerated more than 60 Web3 companies, covering technology and infrastructure, DeFi, gaming, metaverse, entertainment, healthcare, arts and culture. The new partnership between Brinc and Cointelegraph seeks to create a two-way bridge between the former’s Web3-focused accelerators and the Cointelegraph Accelerator program. The aim is to utilize the complementary nature of the two accelerators by combining Cointelegraph’s global audience and marketing experience with Brinc’s expertise in product development, token design, scaling strategy and network introductions.
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