ChainCatcher news, according to The Block, Outlier Ventures has partnered with the Saudi Arabian National Technology Development Program to launch a web3 accelerator program in Riyadh.The program aims to support Web3 startups in Saudi Arabia, with expertise and investment opportunities provided by Outlier Ventures. This move aligns with Saudi Vision 2030, accelerating the development of technologies and infrastructure related to cryptocurrency, Web3, and the metaverse.In October last year, the strategic investment department of Saudi Arabia's NEOM mega project proposed to invest $50 million in Animoca Brands to promote the development of Web3 infrastructure in the NEOM region.

ChainCatcher news, the Web3 accelerator Beacon launched by Polygon co-founder Sandeep Nailwal, announced that it has raised over $150 million in funding during its year of operation. Currently, applications for the S24 cohort are officially open, with a deadline of March 18, 2024.

ChainCatcher news, Walmart and the crypto venture capital firm Outlier Ventures have teamed up with five startups to launch the Web3 accelerator program Store N°8 Base Camp. This 12-week virtual incubator program introduces a flagship group of five companies that specialize in topics such as Web3 marketing, advertising, and improving payment technologies. These startups are located in the United States, Italy, Poland, and the United Kingdom.The focus of the program is "decentralized commerce," which means enhancing the experience of retailers and consumers through Web3 innovations. Participating startups will also gain access to and support from the Store N°8 network in e-commerce, retail, marketing, media, Web3, gaming, and venture capital.

ChainCatcher news, according to Techcrunch, Alliance DAO announced 8 selected projects for the Web3 accelerator and builder community (ALL11), including fiat on/off ramp Kravata, on-chain trading terminal Thunder, decentralized broadcasting transmission network Blockcast, mobile application game Sleepagotchi, Cosmos ecosystem wallet Tailwind, decentralized lending protocol Tazz, Web3 full-stack security platform Upshield, EVM compatible Layer1 Inco Network.It is reported that this accelerator program received a total of 1,083 applications, a decrease of 36% compared to the previous batch ALL10. Among them, only 6 teams passed the program and are about to graduate, and two startups from ALL10 also participated in the showcase.ChainCatcher previously reported on May 18 that Alliance DAO announced 16 Web3 accelerator projects for the ALL10 accelerator program, including Bitcoin wallet Xverse, ZK rollups as a service Snapchain, carbon credit proof of labor protocol Glow, and ZK-based AI project Modulus Labs, among others.

ChainCatcher news, according to official sources, the digital asset management platform Safe has launched an account abstraction accelerator program in collaboration with LongHash Ventures' accelerator LongHashX.It is reported that the program aims to accelerate developer growth and facilitate the transition to smart accounts by expanding products built on Safe{Core}.

ChainCatcher news, the venture capital firm Global Millennial Capital, which introduces data science concepts into the traditional investment process, has launched a Web3 accelerator program aimed at investing in companies from Pre-Seed to Series A.It is reported that the accelerator aims to invest in companies in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi, and enables the invested Series A companies to enter the markets of the Middle East and Africa from the UAE. (source link)

ChainCatcher news, according to Techcrunch, [Alliance DAO](https://www.rootdata.com/zh/Investors/detail/Alliance DAO?k=MjEx) announced 16 selected projects for the Web3 accelerator and builder community (ALL10), including the blockchain data ChatGPT platform Teablocks, Bitcoin wallet Xverse, ZK rollups as a service Snapchain, carbon credit proof of labor protocol Glow, ZK-based AI project [Modulus Labs](https://www.rootdata.com/zh/Projects/detail/Modulus Labs?k=Nzg5NQ==), AI community management tool for Web3 AwesomeQA, on-chain composable game Primodium, wallet management tool Fountain, perpetual synthetic options [Itos](https://www.rootdata.com/zh/Projects/detail/Itos Finance?k=Nzg5OQ==), user research tool Dataleap, Layer2 development platform Caldera, anti-MEV solution Wallchain, application chain payment solution Singularity, dApp communication solution Hashmail, blockchain data platform Defined, and Web3 fraud prevention plugin [Pocket Universe](https://www.rootdata.com/zh/Projects/detail/Pocket Universe?k=NzkwMg==).It is reported that Alliance DAO invites Web3 founders to participate in a three-month program twice a year, with a record 1,692 applications this time, an increase of 77.5% compared to previous years. (Source link)

ChainCatcher news, the NEAR Foundation launches the Web3 accelerator NEAR Horizon. Through partnerships with Dragonfly, Pantera, Fabric Ventures, Hashed, and other companies, NEAR Horizon will help founding teams scale their projects with broad support. The NEAR Foundation stated that project and founder recruitment will begin in the coming months. (source link)

ChainCatcher news, the open-source protocol Mokshya Protocol on Aptos has received a $100,000 credit from the Web3 accelerator program in collaboration with Google Cloud and Aptos. Mokshya will utilize GCP's node services and credits to host a series of DApps it is developing on Aptos, including Wapal, an NFT creator studio, and a launchpad.It is reported that Mokshya is an open-source protocol that provides an open-source and customizable smart contract library, SDK, and developer tools on the Aptos blockchain. (Source link)

ChainCatcher news, according to foreign media reports, the HBAR Foundation has partnered with the metaverse developer platform studio Lumos Labs to launch the second edition of the Hedera Hatch Web3 Accelerator, which will be open to early-stage startups and innovative Web3 projects built on Hedera.It is reported that this accelerator will last for five months, focusing on sustainability, fintech, crypto-economics, and the metaverse. Selected startups will undergo a boot camp phase to build or refine their Web3 solutions on the Hedera network. Winners will receive a $150,000 prize, along with expert guidance, ecosystem support, and go-to-market assistance. The Hatch Web3 Accelerator will open for registration across India before April 30. (Source link)

ChainCatcher news, according to CoinDesk, South Korea's Web3 accelerator Nonce Classic has completed a Pre-A round financing of 4.2 billion won (approximately 3.4 million USD), led by SV Investment, with participation from KB Investment and others. (Source link)

ChainCatcher news, according to The Block, Polygon co-founder Sandeep Nailwal has launched a Web3 startup accelerator called Beacon, which will fund early crypto projects through guidance and financial support. Sandeep Nailwal stated that 15 startups have already received funding from Beacon.It is reported that Beacon offers a 12-week program to guide and fund entrepreneurs. The first batch, "Cohort 0," launched in October, with over 30 founders from 15 startups participating, covering areas such as DeFi, infrastructure, and gaming. The application deadline for the next batch is January 31. (source link)

ChainCatcher news, Binance Labs and BNB Chain jointly launched the sixth phase of the "Most Valuable Builder" (MVB) Web3 Accelerator Program, providing financing opportunities and a series of incentives. This phase focuses on incubation directions including product design, data tools, security audits, scalability infrastructure, and token economics, and will open for applications on November 28. (Source link)

According to ChainCatcher news, The Block reported that Meta has partnered with the cosmetics brand L'Oréal and the French business school HEC Paris to launch a Web3 startup accelerator program. This program aims to assist businesses focused on 3D production, AR, VR, mixed reality, avatar creation, portability of user experience, token economics, or other metaverse-related topics. At least five companies are currently set to participate.It is reported that Meta has already ventured into the metaverse fashion space, collaborating with digital fashion startup DressX in July to offer new avatar fashion looks in Meta's Avatar Store. Earlier this year, the company also stated that it would launch a digital fashion marketplace through collaborations with Balenciaga, Prada, and Thom Browne. (The Block)

Chain Catcher news, BNB Chain announced the list of 27 shortlisted projects for the fifth batch of the Web3 Accelerator Program "Most Valuable Builders," covering DeFi, music and NFTs, gaming and the metaverse, infrastructure and tools, security, etc. Among them, 7 projects will receive investment from Binance Labs.It is reported that the shortlisted projects include Antimatter, Tender.fi, Aperture Finance, Velvet Finance, Multi-chain event protocol, Nakji Network, Orange Protocol, Port3 Network, Web3Go, CryptoZombie, Space ID, Double Protocol, Kola Labs, Metasset, Zash, Gameta, Overeality, IdentDeFi, InsurAce Protocol, Wink Financial, FusePass, AnyDAO . (Source link)

Chain Catcher news, BNB Chain announced the shortlist for the Vietnam Web3 Accelerator, with 10 projects including Incognito Chain, FOTA, Planet Sandbox, Krystal, Roseon World, Metastrike, Calamus Finance, Ancient8, Spinel Labs, and Orochi Network making the cut, covering the fields of gaming, infrastructure, lifestyle, and DeFi. (Source link)