Avalanche has chosen its first cohort consisting of 15 early-stage web3 startups for its Codebase accelerator program.
Avalanche has chosen its first cohort, consisting of 15 early-stage web3 startups, for its Codebase accelerator program after receiving nearly 250 applications from over 30 countries.
The Avalanche announcement added that Colony Lab, an established Avalanche accelerator, has partnered with Codebase to expand cohort funding. "Colony’s commitment to funding may surpass $1 million per project, thanks to its collaboration with SwissBorg. With 7,500 plus Avalanche users potentially available to provide decentralized funding, Colony Lab offers a unique avenue for projects to receive seed funding from thousands of web3 natives," the Codebase announcement stated.