LongHash Ventures and Protocol Labs unveil the 3rd Accelerator Filecoin Cohort

Asia’s first Web3 Accelerator and leading Asias Web3.o venture fund, LongHash Ventures, has launched its third LongHashX Accelerator Filecoin Cohort in partnership with Protocol Labs, the creator of Filecoin and IPFS. This being the third Filecoin accelerator program by LongHash Ventures and Protocol Labs, it proves a continuation of the collaboration between the two.

The current accelerator program is geared toward accelerating the early stage of project development on the Filecoin blockchain.

In a nutshell, the LongHashX Accelerator Filecoin Cohort will take 12 weeks and it will provide developers and founders with the network, funding, and knowledge required to effectively develop and launch their blockchain projects on Filecoin.

Following the announcement of the accelerator program, the CEO and co-founder of LongHash Ventures, Emma Cui, said:

“We are very excited to continue our partnership with Protocol Labs as we launch the third LongHashX Accelerator Filecoin Cohort. As demand for decentralized storage grows, Filecoin is well-placed to be the leading choice for Web3 developers. We are looking forward to more NFT, GameFi, and Metaverse use cases, as well as middleware, infrastructure, and tooling protocols using Filecoin. As a long-time partner of Protocol Labs, we are proud to witness the tremendous growth of the Filecoin ecosystem.”

Those wishing to take part have until June 24, 11:59 (GMT+8) to apply for the program.

LongHashX Accelerator Filecoin Cohort 

Since its establishment, the LongHashX Accelerator partnered with several blockchains including Filecoin, Algorand, and Polkadot.

Some of the projects that have been developed through the LongHashX Accelerator Filecoin Cohorts include the Lit Protocol (a decentralized access control network), Lighthouse (a permanent storage protocol), and Huddle01 (a decentralized video calling application).

In the current LongHashX Accelerator Filecoin Cohort participants will participate in several workshops on tokenomics, fundraising, protocol governance, product strategy, and design, community building, and tech. There shall also be one-on-one sessions on a weekly basis for helping developers/founders with some of the most challenging problems they face as they develop their projects.

The promising projects will be selected and given access to the network of LongHash Venture portfolio of investors, community users, and companies for partnerships and investments. These projects shall get $200,000 funding from LongHash Ventures and Protocol Labs.

Then, the most promising projects will receive an additional $300,000 from LongHash Ventures.