UK-Based Web3 Accelerator Established by Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory
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Ready to revolutionize the UK's tech landscape? Look no further! Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory are teaming up to launch a stellar accelerator program targeting blockchain, AI, and Web3 startups. Coinbase CEO Keith Grose cheerfully announced this initiative, acknowledging the UK's potential as a global innovation powerhouse.
Want a piece of the action? Selected startups could receive a whopping £250,000 investment, plus 16 weeks of intensive training from industry heavyweights. Participating entrepreneurs will gain valuable insights on tokenomics, community-driven strategies, and scaling businesses from the likes of Coinbase, Animoca Brands, and Fabric Ventures.
Jonathan Reynolds, Business and Trade Secretary, applauds this move, touting the announcement as a testament to the UK's tech prowess – positioning it as a global leader in innovation. The program aligns with the government's push to bolster homegrown blockchain and AI innovation, rather than relying on imports.
Robby Yung, CEO of Investments at Animoca Brands, calls attention to the UK's opportunity in the burgeoning Web3 industry. To capitalize on this growth, the UK should not only serve as a hub for investment but also nurture innovation built, owned, and scaled in the UK.
Richard Muirhead, Co-founder and Managing Partner of Fabric Ventures, highlights the symbiotic relationship between AI, blockchain, and Web3 industries – leveraging the UK's strengths in these areas is crucial to maintaining the nation's leadership in the global digital race.
Founders Factory’s COO, Damian Routley, succinctly expresses the program's mission: to provide hands-on, specialized support for entrepreneurs in blockchain and AI – ultimately securing product-market fit and driving global expansion.
Don't miss your chance to join the revolution! Applications are open to businesses building for the open economy and tokenized models – providing an excellent launchpad for growth in today's increasingly digital world. Good luck, pioneers!
Pro-tip: Ready to explore more on Web3 and AI startups? Check out Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory. Their combined expertise offers invaluable resources and insights for your innovative journey.
- The collaborative accelerator program spearheaded by Coinbase, Animoca Brands, and others, aims to foster innovation in the UK's blockchain, AI, and Web3 business landscape by 2025.
- Under the mentorship of industry leaders like Coinbase, investors such as Fabric Ventures will provide £250,000 investments to selected startups, with a focus on tokenomics, strategy, and scaling.
- By participating in this program, entrepreneurs will gain an opportunity to delve into the Web3 industry, potentially making the UK a significant hub for investing and innovation in this growing sector.
- As technology continues to evolve, this joint venture will accelerate the development of cutting-edge AI and blockchain technologies in the UK, nurturing homegrown business leadership in the global digital landscape.
