| Blockchain startup accelerator Cronos Labs launched the second cohort of its accelerator program, backed by $100M in investment. The accelerator has already chosen eight startups: Omnus, DeMe,
Furrend, Solace, Sakaba, Eisen Finance, Earn Network, and CorgiAI. - While
Cronos' primary focus was on Web3 game creation, digital transactions,
decentralized social networking, institutional trading, and liquid
marketplace startups, one of the significant themes was the convergence
of AI and blockchain technology.
- The startups in the second cohort are set to receive an upfront seed payment of $30,000 before the 12-week program commences.
- At
the end of the program, the cohort will be able to demo their final
products to investment partners, including NGC, Fundamental Labs,
Spartan Group, and Delphi Digital, to garner additional backing from
investors.
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