Foresight X joins the DePIN SURF Program as the exclusive accelerator partner, supporting the development of the DePIN sector
TechFlow Selected TechFlow Selected
Foresight X joins the DePIN SURF Program as the exclusive accelerator partner, supporting the development of the DePIN sector
Foresight X provides approximately $200,000 in funding and a suite of incubation services to each selected Web3 startup.
Navigating Web3 tides with focused insightsForesight X has officially announced a groundbreaking collaboration with the IoTeX Foundation and FutureMoney Group. Foresight X will serve as the exclusive accelerator partner for the DePIN SURF Program, providing comprehensive and substantial support across program planning, promotion, project recruitment, and the onboarding of mentors and VC partners. Foresight X will generously share and leverage its network of VCs, media outlets, and other industry resources from the Foresight family to empower the growth of the DePIN SURF Program and the broader DePIN ecosystem.
Foresight X is the Web3 accelerator under Foresight Ventures (AUM $400 million), offering selected Web3 startups approximately $200,000 in funding along with a full suite of incubation services. This partnership means that projects accepted into the DePIN SURF Program will gain expanded access through Foresight X to a wider pool of mentors, venture capital, funding opportunities, and media exposure.
Investment, Incubation, and Market Event Support
The first cohort’s Demo Day of the DePIN SURF Program, titled “R3al World,” will be officially held during ETHDenver on February 28, 2024. From the Demo Day’s winning projects, Foresight X will select 1 to 3 teams to join the third batch of the Foresight X Accelerator. In addition to the existing benefits provided by DePIN SURF, these selected projects will receive investments ranging from $200,000 to $500,000 from Foresight X, along with access to all other incubation services offered by the accelerator.
Furthermore, Foresight X will collaborate with the IoTeX Foundation and FutureMoney Group to co-organize online and offline events aimed at promoting and advancing both the selected projects and the overall DePIN sector. These activities may include, but are not limited to, Twitter Spaces, offline summits, Hacker Houses, hackathons, and Demo Days.
Industry Insights and Resource Sharing
The collaboration between Foresight X and the DePIN SURF Program also extends to the program’s online and offline training initiatives. Partners and project managers from Foresight X will serve as guest lecturers in the DePIN SURF Program’s global online and offline curriculum, sharing valuable insights and industry expertise with participating teams. Foresight X is committed to fostering a mutually empowering growth environment for all Web3 startups within its ecosystem. Together with the IoTeX Foundation and FutureMoney Group, Foresight X will actively support the development of projects and early-stage ventures in the DePIN space.
About Foresight X
Foresight X is a Web3 accelerator under Foresight Ventures (AUM $400 million), built around three core pillars: project acceleration (Accelerator), ecosystem grants (Ecosystem Grant), and research funding (Research Grant). It provides selected Web3 startups with approximately $200,000 in funding. Additionally, Foresight X offers chosen projects high-quality industry resources and global community support, including technical guidance, brand promotion, tokenomics design, operational support, listing assistance, corporate management, talent development, legal compliance, and more.
Website: https://www.foresightx.net/#/
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
@fmgroupxyz
