Nurturing the Next Wave of Metaverse Startups To Build on Klaytn

PRNewswire

April 7, 2022

F10 and Klaytn Foundation are pleased to announce the first 5 startups that have been selected from over 100 applications to participate in the inaugural Klaytn Incubation Program powered by F10. These startups will spend the next 12 weeks undergoing a transformative journey, to develop their innovative web3 ideas or MVPs in gaming, social and content, into viable businesses for the metaverse.

Marketing Technology News: C2X Announces $25 Million Funding Round Led By FTX Ventures, Jump Crypto and Animoca Brands

The program, which kicked-off on 4 April 2022, draws on the unique strength of F10, a global fintech incubator, and Klaytn, a dominant interoperable blockchain ecosystem in the web3 industry.

These startups will receive extensive mentoring, access to investor network, program perks and co-working space, as well as technical development and marketing support from Klaytn, and access to wide ranging tools, projects and expertise on the Klaytn ecosystem. In addition, F10 will be providing a total of up to USD 500,000 worth of Klay in grants to the startups of 2022.

Jonas Thürig, Head of F10 Singapore noted that “We were very impressed with the quality of the startup applications and are proud to now announce the 5 selected startups in the areas of metaverse, gaming and the creator economy. We are very excited on what’s installed for them and can’t wait to fuel their acceleration with this program together with the Klaytn team.”

“F10 has designed a fully tailored curriculum that combines traditional startup elements with web3 programs and benefits from Klaytn,” said David Shin, Head of Klaytn Global Adoption. “Through supporting startups to succeed on the Klaytn ecosystem, we hope to create more possibilities and greater synergies, to unlock more use cases for the metaverse. For this incubation program, not only will we be lending our expertise and resources in web3, but we’ll also be bringing in other web3 partners to share their knowledge and experiences,” he added.

Marketing Technology News: DecentWorld to Launch Collections of Next-Gen Virtual Real Estate

PRNewswire

PR Newswire, a Cision company, is the premier global provider of multimedia platforms and distribution that marketers, corporate communicators, sustainability officers, public affairs and investor relations officers leverage to engage key audiences. Having pioneered the commercial news distribution industry over 60 years ago, PR Newswire today provides end-to- end solutions to produce, optimize and target content -- and then distribute and measure results. Combining the world's largest multi-channel, multi-cultural content distribution and optimization network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, Middle East, Africa and Asia-Pacific regions.