Deadline: Ongoing
The T-Hub is accepting applications for its XDC Network Finternet Accelerator Program to support and nurture Web3 startups, leveraging the combined strengths of T Hub and the XDC Network.
This initiative aims to empower MVP-ready startups in the Indian subcontinent by providing them with the necessary resources, mentorship, and infrastructure to accelerate their growth.
Aligned with the Government of India’s “Make in India” initiative, the program focuses on incubating and accelerating promising blockchain startups, fostering innovation and development within the country’s thriving startup sector. Through this collaboration, startups will gain access to a vibrant ecosystem that encourages innovation, collaboration, and advancement in the rapidly evolving Web3 and blockchain industry.
Focus Areas
- Web3 Infrastructure
- AI
- DeFi Payments
- Web3 Gaming
- DePin (Decentralized Physical Infrastructure Networks)
- Payment Gateways and Infrastructure for Seamless and Scalable Blockchain Transactions
- Open to Startups Working in Crypto Payments
- Security Protocols.
Benefits
- Global Demo Day Access: Participate in prestigious Demo Days in Singapore and Dubai by the XDC ecosystem
- Community Support: Gain backing from a thriving and supportive startup community by T-Hub & XDC
- Blockchain Ecosystem Integration: Integrate into a comprehensive and well-established blockchain ecosystem
- Token Deployment on XDC Network: Seamless deployment of tokens on the XDC Network, enabling startups to leverage blockchain technology for secure, low-cost transactions
- Workshops: Interactive sessions designed to equip startups with the latest insights and tools in Web3, blockchain, and business strategies
- Mentor Sessions: Personalized guidance from industry experts to help startups navigate challenges and accelerate growth
- Business Support: Access to resources and networks that strategically assist in scaling operations, securing funding, and expanding market presence.
Funding Information
- Startups may receive follow-on funding through the program. XDC Network offers an investment of USDT 100,000 in native tokens in exchange for 2.5% equity in the startup, providing them with essential capital to scale their solutions and enter the market.
Eligibility Criteria
- The program is open to MVP-ready Web3 startups based in the Indian subcontinent. Startups must demonstrate fundraising traction, have a technical founder or CTO, and show a commitment to building on the XDC Network. They should also be prepared to scale and have a solid business model.
Selection Criteria
- Startups will go through a rigorous selection process, including multiple rounds of screening by T-Hub and XDC based on technical readiness, business model, team strength, and alignment with the program’s objectives. Final selection for the cohort is based on the startup’s potential to succeed within the Web3 ecosystem.
For more information, visit T-Hub.