Terraform Labs and LongHash Ventures have announced through a press release that they are launching a stream in the LongHashX accelerator focused on startups operating on the Terra blockchain.
Partners will select ten projects for LongHashX Accelerator Terra. During the summer, its representatives will complete a program with support in areas such as strategy and product design, tokenomics, governance, technical mentoring, community building and fundraising.
Those companies that are selected will be granted access to a network of founders and investors and may receive up to $500,000 in funding.
Terraform Labs chose LongHash Ventures because it has a track record in accelerating the advancement of leading Web3 protocols.