The Wormhole Base Camp Accelerator Program Unveils Six Selected Startups
London, United Kingdom, February 14th, 2024, Chainwire – The Wormhole Base Camp, a Web3 accelerator program supported by Borderless Capital and operated by Outlier Ventures and Wormhole Foundation, has announced the six startups that will participate in its program. These startups aim to build applications, products, protocols, or companies utilizing Wormhole’s cross-chain messaging protocol.
The 12-Week Virtual Accelerator Program
The selected teams will undergo a 12-week virtual accelerator program that includes workshops with subject matter experts from Outlier Ventures, mentorship from industry experts, and a $200,000 USD investment from Borderless Capital for each participating team.
Supporting Early Stage Web3 Founders
The Wormhole Base Camp aims to support early stage Web3 founders in unlocking the potential of the Wormhole platform. The program will provide bespoke support tailored to each startup’s needs, covering segments such as cross-chain liquidity, cross-chain infrastructure, data and payments, and cross-chain decentralized identity (DID).
Prominent Support and Mentorship
The participating teams will receive support and guidance from Outlier Ventures and Wormhole’s experts throughout the program. They will also have access to a network of leading mentors and investors within the Web3 industry to assist with future fundraising. The program will culminate in a virtual Demo Day where the founders can showcase their progress to the broader Web3 investor community.
The Selected Teams
The six teams selected for the program are Intentify, Lucidity, Seshat, Scholes, Temporal, and Zoth. Each team brings unique expertise and innovation to leverage Wormhole’s interoperability solutions.
Intentify is an intent-centric middle layer for building dApps with optimized UX. Lucidity is a cross-chain money market aggregator that stitches DeFi leveraged liquidity together. Seshat provides a foundational bundle for Web3 infrastructure with predictive features. Scholes enables user-priced options minting and trading with optimal liquidity. Temporal offers an institutional-grade liquidity layer for yield markets. Zoth bridges liquidity across traditional finance and on-chain finance.
The Wormhole Base Camp accelerator program aims to support the next generation of Web3 applications and protocols, making multichain development easier and more secure.
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