cryptocurrency

LongHash Ventures Collaborates with Protocol Labs to launch the third Filecoin suite of LongHashX Accelerators

LongHash Ventures, Asia’s first Web3 accelerator and one of Asia’s leading Web3 investment funds, continues its partnership with Protocol Labs, creator of Filecoin and IPFS, to launch 3rd LongHashX Accelerator Filecoin Cohort. The program aims to accelerate early stage team building projects in the Filecoin ecosystem.

Founded in 2018, LongHashX a Web3 investment fund and accelerator has partnered with notable ecosystems such as Polkadot, Algorand, Filecoin, and others. Previous alumni of Filecoin groups include Lit Protocol, a decentralized network for access control; Huddle01, a secure, decentralized video calling app; and Lighthouse, a permanent storage protocol.

We are very excited to continue our partnership with Protocol Labs as we launch our third LongHashX Accelerator Filecoin Cohort suite. With the increasing demand for decentralized storage, Filecoin is well positioned to be the leading choice for Web3 developers. We look forward to more use cases for NFT, GameFi, and Metaverse, as well as middleware, infrastructure, and tool protocols with Filecoin. As a long-time partner of Protocol Labs, we are proud to witness the explosive growth of the Filecoin ecosystemsaid Emma Coy, co-founder and CEO of LongHash Ventures.

The 12-week program includes a series of workshops and chats across six modules, namely product strategy and design, Tokenomics, governance, technology mentorship, community building, and fundraising. Venture Builders from LongHashX Accelerator will also host weekly one-on-one problem-solving sessions to help founders with their toughest challenges, and teams will have weekly mentoring hours with investors, founders and developers from LongHash Ventures’ Networks and Protocol Labs.

Furthermore, selected projects of the program have access to LongHash Ventures’ network of portfolio companies, investors, and community users to develop partnerships, potential investments, and user acquisition.

Projects selected to join the program will receive $200,000 in funding from LongHash Ventures and open source protocol labs for research, development and publication. LongHash Ventures can also offer an additional discretionary investment of $300,000 in the most promising projects upon completion of the program. The program culminates with a demo day where startups will have the opportunity to pitch to investors.

Ten projects will join the third LongHashX Accelerator Filecoin group. Builders have until June 24, 11:59 PM (GMT +8) to apply. Teams and projects interested in applying for the program can do so directly over here.

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