Home > LongHash Ventures and Protocol Labs team up on Filecoin accelerator program

LongHash Ventures and Protocol Labs team up on Filecoin accelerator program

Benson Toti

The LongHashX accelerator program will run for 12 weeks and seeks to help builders and founders towards launching successful projects on Filecoin.

LongHash Ventures, a leading Web3 accelerator and venture fund for the Asian market, has once again teamed up with Filecoin and IPFS creator Protocol Labs to launch a new accelerator program meant to boost projects building in the Filecoin ecosystem.

This is the 3rd LongHashX Accelerator Filecoin Cohort and will focus on providing funding and expert knowledge to early-stage teams in the ecosystem to help them build successful projects, LongHash Ventures said in a press release.

We are very excited to continue our partnership with Protocol Labs as we launch the third LongHashX Accelerator Filecoin Cohort. As demand for decentralized storage grows, Filecoin is well-placed to be the leading choice for Web3 developers,” said LongHash Ventures CEO Emma Cui.

The program targets helping the ecosystem launch more projects in the fast-growing sectors of NFTs, GameFi, and Metaverse, Cui added. as well, the company is eyeing to help Filecoin developers venture more into use cases such as infrastructure, middleware and tooling protocols.

A 12-week program, modules include tokenomics and tech mentorship

The program will run for 12 weeks and see participants go over six modules, including Tokenomics, Product Strategy & Design, Tech Mentorship, Mentorship, Community Building, and Fundraising.

There will also be weekly one-on-one initiatives led by the LongHashX Accelerator’s Venture Builders. Meanwhile, teams will access mentorship from various stakeholders within the LongHash Ventures and Protocol Labs networks, including investors, founders, and developers.

$200,000 for participating teams

Selected projects will get $200,000 in funding, with an additional $300,000 available in discretionary investment for those projects deemed to be the most promising.

In total, LongHash Ventures hopes to accept ten projects into the program. The application process is open until 24 June 2022 at 11:59 pm (GMT+8).

Some of the projects to go through the LongHashX Accelerator and launched successfully in the Filecoin ecosystem include decentralized access control platform Lit Protocol; video calling app Huddle01 and storage protocol Lighthouse.

We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "OK, Thanks" you are consenting to the use of cookies on this website.