Fantom Foundation launches Sonic Labs startup accelerator program, Andre Cronje serves as mentor
On December 4th, the Fantom Foundation announced the launch of the Sonic Labs accelerator program, aimed at promoting innovation within Fantom's new Sonic technology stack and providing resources and support for the next generation of web3 entrepreneurs.
The program will select up to five projects, providing each project with funding support of 1 million FTM (approximately $294,000 USD), as well as technical support, joint marketing, and mentorship.
The Fantom Foundation encourages eligible projects to apply, and developers can begin building projects on Sonic starting on December 15th. These projects will be launched in the spring of 2024 with the Fantom Sonic mainnet.
The Sonic Labs program is open to all developers building new applications on Fantom technology, including GameFi, DeFi, and more. Judging criteria for the competition include vision, utilization of Sonic technology, target user group, uniqueness, positive impact on the Fantom network and users, and brand. The application deadline is February 6th, 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SUI Token Surges as Analysts Highlight Promising Patterns and Predictions
In Brief SUI token demonstrates strong performance with significant recent price increases. Technical patterns suggest potential bullish trends and buying opportunities. Analysts project ambitious targets, including a possible rise to $10 or more.
STX Token Surges as New Financial Opportunities Emerge in the Stacks Ecosystem
In Brief The STX token has surged by 56%, reaching a two-month high. BitGo introduced sBTC to enhance Bitcoin's usability in decentralized finance. Liquidity in the Stacks ecosystem is increasing, attracting more users and developers.
U.S. stocks opened, S&P 500 rose 0.1%
Uniswap Web App Adds LP Rewards Function
Trending news
MoreCrypto prices
More
