Morgan Creek Digital and Outlier Launch Web3 Accelerator in Latin America

IconCryptoNewsTerminal Staff18 Jul, 2024

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Morgan Creek Digital and Outlier Launch Web3 Accelerator in Latin America

Morgan Creek Digital and Outlier Ventures, a leading venture capital firm, have launched a Web3 accelerator program in Latin America, Cointelegraph reported. This program aims to support early-stage Web3 startups in the region. Selected teams will receive three months of expert mentorship, guidance, and up to $200,000 in funding in exchange for 6% equity or tokens. The program will provide access to a network of investors, mentors, and resources to help startups succeed. Latin America is a rapidly growing market for Web3, with a large and young population eager to adopt new technologies. The region has a strong entrepreneurial spirit and a growing number of tech startups. The accelerator program will focus on supporting startups that are building innovative solutions in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), and the metaverse. The program is open to startups from all over Latin America. Applications are now open and will close on May 15, 2023.

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