Zetrix & Web3Labs Global Accelerator Program officially opens for project registration

Author: Web3Labs

On March 1, the global accelerator program jointly launched by Zetrix, a Layer 1 blockchain platform adopting Delegated Proof of Stake (DPoS) mechanism, and Web3Labs, a one-stop entry for Web3.0 entrepreneurship, officially opened for student enrollment. The program aims to discover and support the most promising Web3 startup teams worldwide, ultimately selecting 10 outstanding projects to participate in a six-month accelerator camp, providing resources, guidance, and support to help them succeed in the Web3 field.

In January this year, Zetrix announced a strategic partnership with Web3Labs and venture capital partner Summer Capital, jointly launching the global accelerator program. This significant initiative marks a milestone for Zetrix as the preferred blockchain infrastructure supported by the Hong Kong government for application development. The global accelerator program is dedicated to incubating and accelerating startups building innovative applications on the Zetrix platform. The goal is to provide a fast track for startup teams to quickly find business partners, attract investment, and gain government support. Zetrix and Web3Labs have extensive networks and resources to ensure that selected teams can efficiently formulate and execute their development strategies, achieving innovative breakthroughs and sustained growth in the Web3 field.

On March 1, the Zetrix & Web3Labs accelerator camp officially opened for enrollment, recruiting projects from Web3 startup teams worldwide and launching a six-month in-depth acceleration service, providing comprehensive support and training, including funding and resources.

Accelerator Camp Highlights

• Zetrix Special Grant Incentive

All selected projects will receive a special grant incentive of $25,000 provided by Zetrix.

• Additional Investment Incentives

After the camp ends, outstanding projects will have the opportunity to receive venture capital investment from well-known VCs.

• Star Mentors Lectures

Top experts and successful entrepreneurs in the Web3 field will be invited to provide professional lectures, sharing experiences and insights to help students better understand and tackle the challenges of Web3 entrepreneurship.

• Study Tour Program

This acceleration program will conduct study tour activities in locations such as Hong Kong and Malaysia, leading students to visit well-known Web3 companies and connect with local entrepreneurs and investors.

• Team Landing Support

Fully utilize the platform resources of Web3Labs and Zetrix in Hong Kong, Malaysia, and ASEAN countries to support and assist students in resource matching and team establishment.

• One-on-One Financing Matching

In collaboration with the Hong Kong Web3.0 Investment Alliance, arrange one-on-one financing matching opportunities for students, helping them better understand market demands, obtain capital support, and promote rapid project development. Additionally, project parties will have the opportunity to receive joint investments from other leading VCs.

• Cooperative Media Exposure

Support students in gaining exposure on cooperative media platforms to increase project visibility.

• Green Listing Channel for Exchanges

Through the green listing channel of cooperative exchanges, students will find it easier to bring projects to market, attracting more users and investors.

• Cloud Service Credits

Provide cloud service credits to help students build and expand Web3 projects on a stable cloud infrastructure.

• Discounts from Top Audit Firms

Offer collaboration discounts with top audit firms to ensure the safe and compliant development of student projects.

• Other Customized Acceleration Services

Provide customized acceleration services based on the characteristics and needs of student projects, ensuring that each student receives targeted support.

Accelerator Camp Duration

The Zetrix & Web3Labs global accelerator program will conduct a six-month accelerator camp project, selecting 10 outstanding Web3 projects and providing a series of acceleration services.

Project Requirements

• Technical Content and Innovation:

Projects must possess technical content and innovation in the Web3 field and its tracks.

• Sustainable Growth Plan:

Project teams must demonstrate a clear plan for sustainable growth, including fundraising, market expansion, technology development, and team building.

• Team Capability:

Project teams must possess the necessary technical and business skills to ensure project success, including the background, experience, and expertise of team members.

• Execution Plan:

Projects must provide a development plan that clearly outlines how to utilize the support resources provided by the accelerator camp to achieve key milestones.

• Commitment and Willingness to Collaborate:

Participating projects must demonstrate commitment to the accelerator camp and willingness to collaborate, including actively participating in mentor guidance, cooperating with other teams, and sharing experiences.

• Legal Compliance:

Projects must be legal and compliant, adhering to local regulations and laws. This includes the project's legal structure, contracts, and compliance matters.

• Willingness and Reporting:

Projects must be willing to maintain transparency with the accelerator camp, regularly reporting on project progress, fund usage, and any significant changes.

These conditions will help ensure that the resources and support of the accelerator camp are allocated to projects with the greatest potential and readiness for success. Additionally, conditions may be adjusted based on the nature of the projects to better meet the specific needs and opportunities in particular fields.

Registration Link:

https://docs.google.com/forms/d/1qxSPU5O8o2Z5E10MCwXFD9oUbnYFM2VXKDjH58BZbhc/edit

About Us

About Zetrix:

Zetrix is a Layer 1 public blockchain that facilitates smart contracts with privacy, security, and scalability. Zetrix's cryptographic infrastructure can be used across various industries, connecting public sectors, enterprises, and individuals to the global blockchain economy. Owned by MyEG Services Berhad, Zetrix connects national blockchains through cross-border and cross-chain infrastructure and equipment, enabling Zetrix to act as a blockchain gateway, promoting global trade by deploying key building blocks of Web3 services, such as Blockchain-based Identification (BID) and Verifiable Credentials (VC).

About Web3Labs:

Web3Labs, as a one-stop entry for Web3.0 entrepreneurship, aims to respond to the policy declaration of the Hong Kong SAR government by providing support for global Web3 enterprises to establish a presence in Hong Kong and connect internationally through landing services, investment acceleration, technical cooperation, and compliance assistance. Currently, it has offline incubators in Hong Kong, Singapore, South Korea, Hangzhou, Beijing, and other locations. Web3Labs has three vertical accelerator camps, focusing on the Bitcoin ecosystem (Satoshi Labs), deepening the Gamefi field (ICC Camp), and concentrating on AI+Web3 and Depin fields (AIFocus).