Longhash Ventures, an accelerator and investor in the blockchain project, has announced a new partnership with Terraform Labs to launch LonghashX Accelerator Terra Cohort. The partnership will open the first established LongHashX accelerator in 2018 for startup building in the Terra ecosystem.
Recently, Terra has become the second largest blockchain by Total Value Locked (TVL).
Teraform Labs initiated this partnership to accelerate LongHash Ventures’ strong track record and to invest in leading Web3 protocols.
The partnership is a continuation of LongHash Ventures’ accelerator partnership model, which in the past has partnered with notable ecosystems such as Polkadot, Filecoin, Algorand and others.
In addition, Longhash Ventures brings recognized thought leadership to Web3-Native issues and opens its network to investors and founders.
The primary purpose of the partnership is to accelerate and invest in the next generation of leading Web 3 protocols in the Longhash Ventures Terra blockchain. The Longhash Ventures team is confident that this is the first of many opportunities to collaborate with Terraform Labs.
“Since we significantly increased our LongHashX Accelerator program in 2022, we are thrilled to be partnering with Terra to run our next team. We are very impressed with the protocol and development of the Terra ecosystem, and we are excited to expand our accelerator partnership model with a leading Web3 ecosystem. Collaboration gives us the opportunity to accelerate and invest in the next generation of projects. “
– Emma Cui, Founding Partner of Longhash Ventures
Ten projects will join LongHax Accelerator Terra Cohort and go through a 12-week program starting June 2022. The projects will receive guidance and support in six areas: product strategy and design, tokenics, governance, tech mentorship, community building and fundraising.
LongHashX Accelerator will also host weekly workshops and fireside chats with industry leaders, as well as weekly problem-solving sessions and weekly consultant office hours with enterprise developers. At the end of the program, there is a ‘demo day’ where startups will be able to pitch to investors.
“LongHashX Accelerator Web has a full track record as one of the most successful programs for accelerating startups. The new Terra Cohort opens up a streamlined path for creators to follow bold ideas filled with first-class resources, workshops and guidelines – further accelerating the wave of innovation in the Terra ecosystem. “
– Do Cowan, co-founder and CEO of Terraform Labs (TFL)
LongHashX is LongHash Ventures’ accelerator program and is Asia’s first and top Web3 accelerator. Longhash Ventures is one of the few venture capital firms to run its own accelerator program and provide full support to the team at every step of the way.
Teams and projects interested in applying for the program can do so directly here.