Cointelegraph Launches Accelerator Program for Innovative Web3 Startups

The purpose of the program – help Web3's rising stars increase their media presence, community growth andbrand awareness in exchange for project tokens.The Web3 space is rapidly evolving, with new startups popping up daily, and investment in Web3 projects will skyrocket to $30 billion in 2021 and around $36 billion in 2022. While many of Web3's founders have great ideas and a strong value proposition they want to bring to the field, it's a tricky field riddled with competition and a lack of trust from the general public.

Founded in 2013,Cointelegraphhas become a world leader in the field of digital assets,metaverse and new technologies, its readers are more than 20 million people around the world. The company is now committed to helping other rising stars reach their potential and is excited to introduce the programAccelerator– startup booster leveraging the company's capabilities as a strong media and strategic partner, including content, branding, networking, marketing, investor relations and more.

What is the Cointelegraph Accelerator program?

Cointelegraph Accelerator will use the experienceCointelegraph's global team of over 150 professionals working and developing global media products in 11 different languages. The program focuses on decentralized finance, non-functioning tokens,game fi, social solutionsWeb3, cross-chain and second-tier solutions, and other segments of the broader Web3 industry.

The program has already accepted more than a dozen companies andopened the call for applications for new candidates. While many accelerator programs focus on consultations followed by cash investments, Cointelegraph goes the other way. Members will be able to receive input from Cointelegraph in the form of media products available in our ecosystem, including promotional articles, custom-designed special projects, educational materials, native content integration, and more.

One of the key features of the program isthat it will be managed by a separate commercial division independent of Cointelegraph's editorial staff. Startups will be able to participate in the program in exchange for their own tokens or the equity of their projects, subject to certain conditions. In this way, Cointelegraph aligns its interest in the success of the project and the growth in the value of the tokens with the supported teams.

Strategic support within the programusually lasts from nine to 24 months and will be based on the milestones of the roadmap, marketing and strategic objectives of the participating startup. With long-term success in mind, Cointelegraph will leverage its extensive partner network to offer a comprehensive, 360-degree marketing strategy to support the program's portfolio of projects. This support will take various forms, depending on the needs of each individual project. Cointelegraph can offer support for marketing, branding and meeting investors, exchanges, mentors, market makers, technology partners, and online and offline events.

Pavel Solntsev, head of the acceleratorCointelegraph, said: “We are excited to expand our product suite through the Accelerator program, providing more knowledge and education to our global audience, especially regarding emerging technology startups and the evolution of Web3. We invite companies with strong beliefs and innovative projects to apply for the program and join our partner network to bring long-term benefit to the industry”.

How to participate Cointelegraph.Support early-stage projects that have already developed a market-ready product, usually between pre-seed and Series A. A well-developed roadmap and project documentation with a clear definition of the utility of the token is also required. To become part of the Cointelegraph Accelerator program, projects must visit the official Accelerator program website, where they can explore Cointelegraph's offerings as a recognized media leader and brand partner. They can also apply there. The post Cointelegraph launched an accelerator program for innovative Web3 startupsappeared first on CryptoPotato.