AIFocus Accelerator launches a new round of recruitment for AI and DePIN projects in the Web3 industry
AIFocus will provide initial funding for selected projects, and then offer comprehensive technical support and marketing through close collaboration with Web3Labs and other partner organizations.Author: CGV
Recently, the AIFocus accelerator officially announced the launch of a new round of recruitment for AI and DePIN projects in the Web3 industry, dedicated to finding and nurturing teams with innovative spirit and strong potential to jointly develop disruptive technologies and products.
Following the unique philosophy of "invest first, accelerate later," AIFocus will provide initial funding for selected projects, and subsequently offer comprehensive technical support and market promotion through close collaboration with Web3Labs and other partner organizations.
AI and DePIN: The Innovative Dual Engines of Reality and Virtuality
Leveraging the power of data and algorithms, advancements in AI technology are redefining the boundaries of data processing and intelligent decision-making. The number of AI startups has surged, attracting record levels of investment, with the global AI industry market size reaching $164.9 billion in 2023, and expected to grow at an average annual rate of 38.1%.
At the same time, DePIN represents a paradigm shift from centralized infrastructure to decentralized, blockchain-based networks. The DePIN market size is expected to grow at a compound annual growth rate of 43.7%, reaching $81.5 billion by 2030.
As the world accelerates its pace towards digital transformation, AI and DePIN (Decentralized Physical Infrastructure) have become foundational technologies driving change across various industries.
Accelerator Implementation Details: Creating Opportunities and Refining Business Models
The AIFocus accelerator not only provides financial support but, more importantly, assists projects in becoming leading brands in the industry. To this end, AIFocus offers a range of value-added services, including connections with top investment institutions and innovative companies, opportunities for showcasing at major summits, spaces, and communities, among others. Acceleration services also include market positioning, optimization of business models, training in expertise, connecting with key resources, and establishing a presence in several core regional markets in Asia centered around Hong Kong. Additionally, a personalized acceleration plan lasting 3 to 6 months will be provided based on the specific needs of the projects.
The recruitment period is from January 1 to February 8, encouraging aspiring entrepreneurs in the Web3 industry, particularly those related to AI or DePIN, to apply actively.
Registration link: https://www.aifocus.asia/
Contact: info@aifocus.aisa
About AIFocus AIFocus is a startup project accelerator based in Hong Kong, co-initiated by CGV (Cryptogram Venture) and Web3 Labs, dedicated to exploring the fields of AI and Web3, selecting teams with forward-thinking and creativity, and providing technical talent, resources, and funding support. AIFocus adheres to the service principle of investing first and accelerating later, discovering outstanding projects, and helping them take off quickly.
About Web3labs Web3Labs aims to respond to the policy declaration of the Special Administrative Region government by providing landing services, investment acceleration, technical cooperation, and compliance support to help global Web3 enterprises establish a presence in Hong Kong; it aims to create a one-stop entry for Web3 entrepreneurship. As of the end of October 2023, it has served nearly a thousand Web3 enterprises for consultation or establishment.
About CGV CGV (Cryptogram Venture) is a crypto investment institution headquartered in Tokyo, Japan, investing in and incubating the licensed Japanese yen stablecoin JPYW. At the same time, CGV FoF is an LP for several globally renowned crypto funds. Since 2022, CGV has successfully organized two editions of the Japan Web3 Hackathon (TWSH), receiving joint support from institutions and experts such as the Japanese Ministry of Education, Culture, Sports, Science and Technology, Keio University, and NTT Docomo. Currently, CGV has branches in regions such as Hong Kong, Singapore, and New York.
