HatchWeb3 Accelerator of Hedera Version 2 Launches

On March 6, the HBAR Foundation and LumosLabs, the developer platform studio of MetaUniverse, jointly launched the HatchWeb3 accelerator of Hedera version 2, w…

HatchWeb3 Accelerator of Hedera Version 2 Launches

On March 6, the HBAR Foundation and LumosLabs, the developer platform studio of MetaUniverse, jointly launched the HatchWeb3 accelerator of Hedera version 2, which will be open to early startups and innovative Web3 projects built on Hedera. The accelerator will last for five months, focusing on sustainability, financial technology, cryptoeconomy and metauniverse.

HBAR Foundation and Lumos Labs launched the second version of Hatch Web3 accelerator

Interpretation of the news:


The HBAR Foundation and LumosLabs recently collaborated to launch the HatchWeb3 accelerator of Hedera version 2, with the aim of supporting early startups and innovative Web3 projects built on Hedera. The accelerator program will last for five months, with a specific focus on sustainability, financial technology, cryptoeconomy and metauniverse.

HBAR Foundation is a non-profit organization that seeks to support the growth of the Hedera network globally. It has been working to provide resources and funding to projects that develop on Hedera, including organizing hackathons, events, and grants. On the other hand, LumosLabs is a developer platform studio of MetaUniverse, which aims to build the next generation of immersive digital experiences.

The HatchWeb3 accelerator of Hedera version 2 is the second program launched by HBAR and LumosLabs, following the success of the first program in 2020. The program provides selected startups and projects with a range of resources, including funding, mentorship, marketing, technical support, and access to Hedera’s robust network. Such resources are essential for early startups to scale and succeed in the Web3 ecosystem.

The focus of the program on sustainability, financial technology, cryptoeconomy, and metauniverse aligns with the current trends and developments in the blockchain ecosystem. Sustainability has become a critical issue in recent times, with the rise of environmental concerns and the push towards a more sustainable world. Financial technology and cryptoeconomy are also fast-growing areas, with blockchain technology disrupting traditional finance and creating new opportunities for financial inclusion. The metauniverse is a new concept that refers to the convergence of virtual reality, augmented reality, and the blockchain, with the potential to create a new generation of immersive digital experiences.

In conclusion, the launch of the HatchWeb3 accelerator of Hedera version 2 by HBAR Foundation and LumosLabs is a significant development for the Hedera ecosystem and the broader blockchain industry. The program’s focus on sustainability, financial technology, cryptoeconomy, and metauniverse indicates the growing importance of these areas and the potential they hold for the future. Selected startups and projects in the program will have access to critical resources that can help them succeed in the Web3 space.

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