1. PixelPlaygroundHome
  2. Metaverse Insights

Odyssey: Gotbit Hedge Fund’s Web3 Accelerator Program

• Metaverse Insights • 93 views

According to reports, the hedge fund Gotbit Hedge Fund has announced the launch of the Web3 accelerator program \”Odyssey\”, aimed at promoting any project, blockchain technology com

Odyssey: Gotbit Hedge Funds Web3 Accelerator Program

According to reports, the hedge fund Gotbit Hedge Fund has announced the launch of the Web3 accelerator program “Odyssey”, aimed at promoting any project, blockchain technology company, or private entity seeking to build solutions for DeFi and Web3 infrastructure, and making early or seed stage investments. It is reported that the first batch of 9 projects were shortlisted, namely Arcana, DeFiHelper, Farm xyz, Firepot Finance, Interest Protocol, Kinetex Network, Movement, Stable Battle, and Trait Swap. The second batch of applications is scheduled to open in about a month. （globenewswire）

Gotbit Hedge Fund Launches Web3 Accelerator Program “Odyssey”

In the fast-paced world of blockchain technology and decentralized finance (DeFi), companies and projects are constantly in search of new ways to enhance infrastructure and create better solutions for users. This is where the Web3 accelerator program Odyssey comes in, launched by the hedge fund Gotbit Hedge Fund. In this article, we will take a closer look at what Odyssey is, how it works, and which projects have already been shortlisted for investment.

What is Odyssey?

Odyssey is a Web3 accelerator program launched by Gotbit Hedge Fund. It is designed to promote projects, companies, and private entities seeking to develop solutions for DeFi and Web3 infrastructure through early or seed stage investments. The program aims to provide these entities with the necessary tools, mentorship, and funding to help them grow and achieve their goals.

How does Odyssey work?

Odyssey works by selecting a batch of projects and companies through an application process, and then providing them with seed funding, mentorship, and other resources to develop their solutions. The program also hosts events, workshops, and other activities to help these entities connect with other stakeholders in the blockchain and DeFi space.

Shortlisted Projects

According to reports, the first batch of nine projects have already been shortlisted for investment by Odyssey. These include:
1. Arcana – A platform for cross-chain liquidity
2. DeFiHelper – A user-friendly DeFi portfolio manager
3. Farm xyz – An aggregator of yield farming projects
4. Firepot Finance – A yield optimizer for Uniswap liquidity providers
5. Interest Protocol – A lending platform for NFTs
6. Kinetex Network – A decentralized exchange (DEX) aggregator
7. Movement – A decentralized platform for social media and blogging
8. Stable Battle – A game that lets users earn stablecoins
9. Trait Swap – A platform for trading NFTs

What’s Next?

The second batch of applications for Odyssey is scheduled to open in about a month, according to globenewswire. This means that more projects and companies will have the opportunity to apply for seed funding and mentorship from Odyssey to further develop their solutions.

Conclusion

Odyssey is a new Web3 accelerator program launched by Gotbit Hedge Fund that aims to promote projects, companies, and private entities seeking to build solutions for DeFi and Web3 infrastructure. The program provides early or seed stage investments, mentorship, and other resources to help these entities grow and achieve their goals. Nine projects were already shortlisted for investment in the first batch, and the second batch of applications is expected to open soon.

FAQs:

Q1. What is a Web3 accelerator program?
A1. A Web3 accelerator program is a program that provides seed funding, mentorship, and other resources to companies and projects seeking to build solutions for decentralized finance (DeFi) and blockchain infrastructure.
Q2. How does Odyssey work?
A2. Odyssey works by selecting a batch of projects and companies through an application process, and then providing them with seed funding, mentorship, and other resources to develop their solutions.
Q3. Which projects were shortlisted in the first batch of Odyssey?
A3. The first batch of Odyssey shortlisted nine projects, including Arcana, DeFiHelper, Farm xyz, Firepot Finance, Interest Protocol, Kinetex Network, Movement, Stable Battle, and Trait Swap.
#

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/16638/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 04/19/2023 06:45
Next 04/19/2023 06:55

Recommended articles