ChainCatcher news, Wormhole announced on social media that it will launch the global multi-chain entrepreneurship program Sigma.It is reported that Sigma consists of three parts: Sigma Sprint, Sigma Accelerate, and Sigma Seed, with Sigma Sprint starting on October 14, and the prize and seed funding exceeding 1 million USD.

ChainCatcher news, the Web3 startup accelerator Spring Xcelerator (SpringX.net) is set to officially launch, with the application deadline on October 19. SpringX is jointly initiated by 14 leading project founders and 3 top investment institutions, providing a $20 million funding pool, structured courses, and strong founder networks and resource support for Web3 entrepreneurs in the seed or angel round.The co-initiating investment institutions include: SevenX Ventures, Generative Ventures, Bixin Ventures. The project founders include: Charles (Galxe), Chess (GM Labs & QuestN), Chris (MirrorWorld), Daidai (Dodo), Jack (Aspecta), Mogu (Chainbase), Niels (BuidlerDAO), Tim (d.id), Ryan (CyberConnect), Wendy (Beosin), Xiao (zCloak), Yuanjie (Conflux), Zhixiong (ChainFeeds), Zhouqi (EthStorage).

ChainCatcher news, Cyberport will co-host the Web3 Global Entrepreneurship Competition "HAPthon 2023" Hong Kong Station with PlatON, HashKey Group, and Alibaba Cloud, supporting the development of the Hong Kong Web3 developer ecosystem.It is reported that Cyberport will provide a fast track for the three winning teams to enter the review stage of the "Cyberport Creative Micro Fund" (CCMF) or "Cyberport Incubation Program" (CIP). The selected teams need to meet the application requirements of the relevant programs, and Cyberport will make the final decision on whether the projects qualify for CCMF or CIP. The fast track option can be used within one year. (Source link)

ChainCatcher news, the encrypted fund Pantera Capital officially released an investor letter titled "The Year Ahead," which pointed out that Bitcoin has outperformed Tesla, Meta, and PayPal in the past 12 months. CEO Dan Morehead believes that the market bottom has passed and stated, "Bitcoin has bottomed out, and the market will soon see an appreciation trend in on-chain assets. Over the past 13 years, the average annual appreciation rate has reached 2.3 times."Pantera Capital's general partner Paul Veradittakit revealed that DeFi and gaming remain the verticals with the most investment, followed by consumer applications, CeFi, on-chain infrastructure, and development infrastructure. Pantera Capital believes that 2023 will be "an excellent time for blockchain entrepreneurship." The VC industry raised $121 billion in the first half of last year, and many venture capital firms are waiting to deploy these funds into the crypto space. (source link)

ChainCatcher news, Waterdrip Capital has announced the launch of a $10 million special investment fund to support university Web3 entrepreneurs. The fund will select hundreds of student entrepreneurial projects globally over the next 1-2 years to provide cash support and assist projects in starting up in the Web3 field.Waterdrip Capital will also launch the first phase of the global Web3 university entrepreneurship leadership program "Waterdrip Web3 Entrepreneurship Program," aimed at students aspiring to start businesses in the Web3 field. Applications are now officially open, with the deadline for the first phase of the program set for February 5, 2023.It is reported that the project plans to support aspiring Buidlers in the Web3 development space to grow into star entrepreneurs through a six-month training program consisting of five major modules. The first phase of the project is expected to select 50 young talents globally, who can participate for free and have the opportunity to receive substantial scholarship support. (source link)

ChainCatcher news, according to a report by Lianhe Zaobao, Singapore's national investment fund Temasek stated in a statement: Innovative technologies, including blockchain technology, have the potential to transform various industries and create a more interconnected world. The rise of the blockchain and digital asset industry has brought countless opportunities, but also significant risks.Innovative technologies can bring about change, but they also come with substantial risks. Temasek engages with the blockchain sector through a dual strategy of encouraging entrepreneurship and investment. Temasek closely monitors the associated risks and adopts a two-pronged approach to engage in this field, namely supporting venture building and investment. (source link)

Chain Catcher News, the Web3 entrepreneurship mentor community yWhales, announced the completion of a $5 million seed round financing at a valuation of $80 million, with funding coming from business innovators, entrepreneurs, and investors, without external investors.It is reported that yWhales is planning an exclusive community composed of CEOs, business leaders, and entrepreneurs from around the world, which will leverage the collective knowledge and experience of the community to help new startups and existing businesses capitalize on Web3 opportunities. (Source link)