Cronos Labs Seeks Startups for $100 Million Accelerator Program
Cronos Labs, a blockchain network developer, is inviting eight startups to participate in its third cohort of a $100 million accelerator program. This program aims to support early stage crypto projects and is currently in the recruitment phase. The announcement coincided with the start of Korea Blockchain Week and emphasizes a focus on artificial intelligence (AI).
The accelerator program specifically targets teams working at the intersection of AI and crypto. Cronos Labs aims to attract projects that utilize AI to enhance speed and efficiency, ultimately helping bring products to market faster. The integration of AI and crypto has gained significant interest recently, with blockchain developers and venture capitalists recognizing its potential for investment.
To assist the startups, Cronos Labs has enlisted the support of industry leaders such as Google Cloud, Amazon Web Services (AWS), PeckShield, and Certik, who will serve as mentors for the program.
Hot Take:
Cronos Labs’ accelerator program presents a valuable opportunity for startups to receive support and guidance in the rapidly evolving fields of AI and crypto. By leveraging the expertise of mentors from Google Cloud, AWS, PeckShield, and Certik, participants can gain essential knowledge and insights to enhance the development of their projects. With the increasing interest in AI and its integration with blockchain technology, this program holds immense potential for startups seeking to make a significant impact in the crypto space.