Cronos Labs, a blockchain startup accelerator that focuses on decentralized finance, blockchain games, and the development of the Cronos ecosystem, has announced the opening of applications for the second cohort of the flagship US$100M-backed Cronos Accelerator Program.
The second cohort of the three-month Accelerator Program is set to commence on 24 April 2023, selected projects will go through a 12-week acceleration program and receive upfront seed funding of USD $30,000. Participants will also have the chance to secure up to US$300K in further seed funding from Cronos Labs, as well as attend mentoring sessions, bespoke masterclasses, and fireside chats with industry experts. Further tailored benefits include marketing and public relations support, strategic advising, auditing support, introductions to the Crypto.com Capital team, and networking opportunities with leading crypto venture capital funds.
Focusing on the priority verticals of DeFi, GameFi, SocialFi and Infrastructure, the second cohort of the Accelerator Program will be accepting applications until the closing date on 24 March 2023. Projects will be carefully selected based on the criteria of market potential, the experience of the leadership team, market fit, and synergies with Cronos chain.