Symbiote aims to propel startups into a tailored ecosystem for success.
Web3 accelerator Symbiote introduces its inaugural cohort of startups set to redefine the fabric of the Web3 landscape. These projects span a range of verticals including RWAs, Web3 security, blockchain-based payments, decentralized ID and nodal infrastructure. All of them operate on the cutting edge in their respective fields and have talented teams that show incredible promise.
With a combined 14+ years of crypto experience, founders Nilotpal Mukherjee (Partner at M6, ex-Marlin Protocol) and Garlam Won (partner at M6, ex-Harmony Network) bring a wealth of knowledge and expertise to the Web3 acceleration space.
In an ecosystem plagued by funding gaps and a dearth of tailored support, Symbiote emerges as an antidote.
With a razor-sharp focus on individualized growth, Symbiote reshapes the narrative, offering a 12-week sprint that not only secures funding but crafts a resilient ecosystem. More than solving problems, Symbiote unleashes opportunities, empowering startups to conquer the dynamic challenges of the Web3 frontier.
What the Program Brings to the Table
Here are the key differentiators in Symbiote’s program.
- Tailored Acceleration:
- 12-week program designed for individual project needs.
- Sprint-based model for high-paced, measured results.
- Targeted sessions & mentoring:
- Focus on instilling confidence in startups to navigate the dynamic crypto market.
- Regular masterclass sessions to help teams get first-hand perspective on the most important aspects of Web3 startups from subject matter experts.
- Access to relevant mentors across verticals who can drive massive value.
- Super-simple progress monitoring via the Symbiote platform:
- Projects can easily keep tabs on their daily progress, connect with mentors, partners, and VCs in our network, dive into useful content in the Study Corner, and snag exclusive discounts from our partners - all within a slick interface of the Symbiote platform.
- Analytical tools (SymbioteScore & SymbioteScale) help deliver real-time project insights.
Nilotpal Mukherjee, co-founder, said:
"Web3 moves at warp speed, and Symbiote is designed to keep pace. Our accelerator is more than a program; it's an experience crafted to propel startups into a thriving, ever-adapting ecosystem. In Web3, adaptability is key, and Symbiote is the keymaker."
Garlam Won, co-founder, said:
“We believe a productized approach to acceleration with a razor sharp focus on tailoring the program to a startup’s needs is missing in the space currently. And that is the gap we’re addressing here. Also I’m super excited about working with the inaugural project cohort - they are well on course to becoming trendsetters in their areas.”
The Symbiote Ecosystem for Supercharged Growth
Several established players in the Web3 space are onboard - and will be accessible to the cohort projects to fast-track their growth.
- Funding:
- Collaboration with leading VCs (Big Brain Holdings, Superscript, Kairon Labs BV, among others).
- Emphasis on ongoing relationships post-acceleration.
- Key Opinion Leaders (KOLs):
- Partnership with influential industry figures (Altcoin Sherpa, Coin Bureau, Altcoin Buzz) to drive project narratives.
- Partner Network:
- Meticulously mapped ecosystem with 450+ projects and companies.
- Notable names include QuillAudit, The Reliable Jobs, Salus, Bubblemaps, OKX, TeraBlock, Gate.io & DWF Labs.
Let’s Meet the First Cohort!
Zoth enhances liquidity for Real World Assets by connecting crypto lenders directly with SME borrowers.
- They have received strategic investment commitments from founders of Huma finance. Huma manages the corporate treasury of Circle & Stellar.
- They are part of Chainlink BUILD program to bridge the gap between DeFi and TradFi. Also, they recently concluded successful supply chain financing pilots in Latin America on XDC Network.
NodeOps provides AI-enabled infrastructure for Node Operators, streamlining Web3 protocol development.
- The team has managed infrastructure for load balancing and containerization for Persistence.
- Strong foundation support - endorsed by L1 AppChain Foundations, validating their architecture and UX.
Hypersign provides zK-iD infrastructure that enables blockchains to rapidly build and deploy ID Products allowing for fast cross-chain ID Management.
- Strategically positioned as Web2 to Web3 ID bridge in the emerging regulated Web3 landscape. They are compliant with MICA regulations.
- Part of the Interchain Builders Program and have been incubated by the Data Security Council of India.
Scallop is the world's first regulated chain empowering seamless spending, investing, and money transfer in fiat or crypto.
- Users get not only bank account access on a chain, but also physical and virtual cards.
- The services are delivered on regulated infrastructure with bank-grade security. Their licenses enable access to 150M+ crypto users globally.
DeHack aims at proactively safeguarding Web3 protocols against malicious activity using a state-of-the-art AI Engine.
- They conduct a comprehensive set of 20+ pre-emptive checks.
- Strong relationships with potential customers, with 350+ demo signups so far.
ChainRisk connects cyber risks for Defi protocols to financial impact through a statistical impact analysis engine.
- Their engine is up to 5x faster and 6x cheaper than competitors.
- They have closed a pre-seed round led by Antler.
Symbiote's journey begins with this inspiring cohort that mirrors its commitment to reshaping the Web3 narrative.
With a focus on individualized growth and partnerships that resonate, it’s working to usher in a new era for Web3 acceleration.
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