Foundership and XDC Network Forge Alliance to Accelerate Web3 Innovation

Foundership Global Accelerator, a vibrant Web3 community with a vast network of Founders, has partnered with XDC Network, an enterprise-ready Layer 1 blockchain, to launch the XDC 0xCamp Token Launch Program. This collaboration aims to accelerate the development of early-stage Web3 startups by providing essential resources, mentorship, and investment opportunities. The program, commencing in June 2024, offers investments up to US $100,000 and will support startups leading transformative innovations in blockchain technology, decentralized applications, and digital asset ecosystems. With a focus on execution, the XDC 0xCamp – Token Launch Program seeks to empower promising startups with strong ideas to launch tokens within a specific timeframe and contribute to the growth of Web3 startups.

Foundership and XDC Network Forge Alliance to Accelerate Web3 Innovation

Singapore, Singapore - April 15th, 2024

Foundership Global Accelerator, a preeminent Web3 and emerging-tech community with over 10,000 founders, leaders, and visionaries, has joined forces with XDC Network, an enterprise-ready Layer 1 blockchain renowned for its versatility in real-world asset (RWA) management, Decentralized Physical Infrastructure Networks (DePIN), tokenization, global trade finance, and artificial intelligence (AI) applications.

This strategic partnership heralds the launch of the XDC 0xCamp Token Launch Program, a pioneering initiative designed to propel the growth of early-stage Web3 startups. Through this program, promising ventures will gain access to essential resources, expert mentorship, and strategic investment opportunities. By leveraging the XDC Network's advanced technological capabilities, these startups will be empowered to build transformative solutions that harness the transformative power of blockchain technology.

Accelerating Innovation in Web3

The XDC 0xCamp Token Launch Program, scheduled to commence in June 2024, will provide a structured platform for startups to develop and launch their tokens on the XDC Network. This program is meticulously tailored to support startups that are driving transformative innovations in blockchain technology, decentralized applications, and digital asset ecosystems. Over a twelve-week period, participating startups will have the opportunity to secure investments of up to US$100,000, enabling them to accelerate their growth and scale their operations.

Synergistic Partnership

Atul Khekade, Co-Founder of XDC Network, hailed the partnership as a pivotal step towards fostering innovation within the Web3 ecosystem. "Our collaboration with Foundership represents a unique convergence of strengths," said Khekade. "By combining our scalable and secure L1 blockchain platform with Foundership's accelerator expertise, we are poised to support startups in developing transformative solutions for a decentralized future."

Bimlesh Gundurao, Co-Founder of Foundership, expressed his enthusiasm for the partnership and emphasized its potential to revolutionize the Web3 startup landscape. "This partnership is a testament to our shared commitment to empowering Web3 startups," Gundurao remarked. "The XDC 0xCamp Token Launch Program is a prime example of how networks can provide the necessary resources and support to promising startups, enabling them to build, launch tokens, and accelerate their growth within a specific timeframe."

Applications Now Open

Applications for the XDC 0xCamp Token Launch Program are now open, inviting startups that are pushing the boundaries of blockchain technology, decentralized applications, and digital asset ecosystems. Applications will be evaluated based on the strength of the team, the novelty and potential impact of the proposed solution, and the level of readiness for a token launch.

About XDC Network

XDC Network is a groundbreaking open-source, enterprise-grade, EVM-compatible Layer 1 blockchain that has been successfully operating since 2019. The network utilizes a customized delegated proof-of-stake (XDPoS) consensus mechanism, enabling it to achieve lightning-fast transaction times of two seconds, extremely low gas fees (approximately $0.0001), exceptional throughput of over 2000 transactions per second, and seamless interoperability with ISO 20022 financial messaging standards.

XDC Network's robust technological foundation has made it a preferred platform for a wide range of innovative blockchain use cases, including global trade finance, secure and efficient payment solutions, DePIN, and RWA tokenization. These solutions are renowned for their scalability, security, and high efficiency.

For more information about XDC Network, please visit their official website at XinFin.org or XDC.org. You can also follow XDC Network on their social media channels:

• Twitter: https://twitter.com/xinfin_official
• Telegram: https://t.me/xinfin
• LinkedIn: https://www.linkedin.com/company/xinfin/
• Reddit: https://www.reddit.com/r/XDCNetwork/
• Facebook: https://www.facebook.com/XinFin/
• Forum: https://forum.xinfin.org/

About Foundership

Foundership is a globally recognized Web3 and emerging-tech accelerator that empowers ventures with a unique blend of coaching, capital, and community. The organization's specialized programs, namely 0xCamp for early-stage startups and LaunchCamp for growth-stage startups, serve as catalysts for leveraging the vast potential of the Foundership ecosystem to facilitate token launches and foster scalable growth.

Foundership's cohort programs, typically spanning three months, are deeply ingrained with contextual coaching and outcome-oriented approaches. The organization co-invests up to US$100,000 alongside esteemed partners in top Web3 startups poised for token launches.

With a proven track record of success, Foundership's alumni startups number over 40, with a combined valuation of over $200 million, spanning across five cohorts and nine countries. This remarkable track record is a testament to the strength and effectiveness of Foundership's program.

Foundership's extensive network of over 10,000 community members, 70+ coaches, 50+ capital partners, and 80+ ecosystem partners ensures that startups are supported across the entire value chain. This network fosters robust interactions and mutual support, creating a vibrant and nurturing ecosystem for startups worldwide.

For more information about Foundership, please visit their website or follow them on social media:

• Twitter: https://twitter.com/Foundership_Hq
• LinkedIn: https://www.linkedin.com/company/foundership/
• Telegram: https://t.me/Foundership_HQ