Cosmos-built EVM-ready blockchain Cronos selects 1st cohort of $100M accelerator

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Cronos, the primary EVM-compatible layer-1 blockchain constructed on the Cosmos SDK, introduced as we speak the 9 contributors chosen for the primary cohort of its flagship $100M-backed Cronos Accelerator Program.

The Cronos Accelerator is a 10-week program designed to speed up the expansion of prime mission groups constructing on the Cronos chain. The Cronos Accelerator Program is funded by the $100M Cronos Ecosystem Fund and can characteristic 3-4 accelerator cohorts per yr.

Because the official announcement of the Cronos Accelerator Program in June, Cronos obtained over 300 functions throughout quite a lot of DeFi, web3 gaming, and infrastructure tasks.

Candidates had been assessed primarily based on their market potential, product attractiveness, group expertise, and the synergies they’ve with Cronos Chain.

After a rigorous choice course of, Cronos Labs has chosen the next 9 contributors for its inaugural accelerator cohort:

1. D.G.Friends (Web3 Gaming)

D.G.Friends is an interoperable multi-game, multi-genre NFT web3 Gaming Challenge throughout V-pet simulator, 5v5 auto-battler, Digital city, Simulation SLG Tower Protection.

2. Eyeball Pool (Web3 Gaming)

Eyeball Pool is a multiplayer skill-based cell sport that lets gamers make the most of NFTs throughout Pool occasions, tournaments, and head-to-head video games to earn rewards.

3. Harbor (Web3 Gaming)

Harbor goals to be an internet 2.5 multi-genre cell gaming platform amplifying Free-to-Play experiences with a crypto-economic layer.

4. The New Resistance (Web3 Gaming)

The New Resistance is a First Particular person Shooter sport providing each a Multiplayer PvP expertise with customized sport modes and a Co-op PvE Generative Dungeon.

5. Wild Forest (Web3 Gaming)

Wild Forest is a Free-to-Play & Play-to-Earn cell real-time technique sport with direct unit management, and deep card gathering components.

6. Bubble Maps (Infrastructure Analytics)

Bubblemaps is a provide auditing and analytics visualization software for tokens and NFTs. The platform’s distinctive and colourful bubbles make on-chain information simple to grasp.

7. Meshlink (Infrastructure Analytics)

Meshlink is an all-in-one smart-contract administration and transaction analytics platform.

8. ReferReach (SocialFi)

ReferReach is the first-of-its-kind referral platform that lets customers simply uncover, set up and prioritize enterprise referrals. The platform integrates synthetic intelligence with customers’ community information to create extra enterprise alternatives.

9. Glass Finance (DeFi)

Glass Finance is a DeFi protocol providing an revolutionary Discretized-Liquidity-AMM DEX mannequin that maximizes capital effectivity by permitting customers to deploy liquidity in sure value ticks and enabling non-custodial on-chain restrict orders.

These 9 contributors might be matched with respected business mentors who might be offering them with devoted mentorship. Moreover, these contributors will profit from weekly workshops led by Cronos labs and exterior subject material consultants, overlaying key subjects regarding early-stage protocol constructing.

“Cronos is devoted to supporting a vibrant and rising ecosystem of dApps and customers of DeFi, GameFi, SocialFi, and infrastructure analytics. Finally, this primary cohort of the Cronos Accelerator Programme established a precedent for our program to champion tasks which have the potential to cleared the path in participating and onboarding the following technology of web3 customers. We’re wanting to be working carefully with these distinctive contributors to quick monitor their development on Cronos and past.”
– Ken Timsit, Managing Director of Cronos

The Cronos Accelerator includes a line-up of enterprise funds, gaming guilds, and infrastructure companions who will present assist to the contributors by way of workshops and panel discussions.

Companions embody Spartan Labs, Mechanism Capital, Crypto.com Capital, Ubisoft, IOSG Ventures, OKX Blockdream Ventures, Lingfeng Innovation Fund, Protocol Labs, Altcoin Buzz, Dorahacks, NGC Metaverse Ventures, AP Capital, Simmons & Simmons, AvocadoDAO, PathDAO, Re:base Ventures, and extra.

Moreover, the Cronos Accelerator has additionally onboarded a number of mentors who will provide devoted mentorship and tailor-made recommendation to the contributors.

Mentors embody:

Benson Yan (Accomplice, OKX Blockdream Ventures)
Eric Yang (Managing Accomplice, Basic Labs)
Eugin Lee (Angel Investor)
Eva Wu (Principal, Mechanism Capital)
Jon Russell (Accomplice, Crypto.com Capital)
Josh Wang (Enterprise Investor, PathDAO)
Ken Timsit (Managing Director, Cronos Labs)
Nicole Zhang (Accomplice, Lingfeng Innovation Fund)
Queenie Wu (Accomplice, IOSG Ventures)
Shashwat Gupta (CEO & Founder, Altcoin Buzz)
Shaun Heng (Head of Spartan Labs)
Usman Choudhry (Head of Crypto, AP Capital)
Zihao Chen (Managing Director, NGC Metaverse Ventures)

“Cronos has shortly turn into one of many main web3 ecosystems and I’m excited to see its development super-charged with the Cronos Accelerator program. The road-up of high quality mentors and entry to assets will allow founders and groups who enter this system to construct impactful web3 corporations.”
– Jon Russell, Funding Accomplice at Crypto.com Capital

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