Tatum Launches Accelerator Plan to Bridge the Gap Between Traditional and Web3 Accelerators

02/22/2023 20:26 • Blockchain Buzz • 159 views

It is reported that Tatum, a company that provides developers with the framework for building blockchain applications, has launched an accelerator plan in cooperation with the in-depth technology accelerator StartupYard. We will seek to fill the gap between traditional accelerators that lack encryption knowledge and web3 accelerators that pay too much attention to tokenization. With the support of venture capital companies such as Rockaway Capital and Credo Ventures, Tatum’s accelerator only provides 40000 euros of convertible notes to participate in the entrepreneurial accelerator, and the equity varies according to the entrepreneurial stage.

The blockchain application development platform Tatum cooperates with StartupYard to launch the accelerator program

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Tatum, a company that specializes in providing developers with the necessary framework for building blockchain applications, has announced the launch of an accelerator plan in conjunction with technology accelerator, StartupYard. This move is aimed at bridging the gap between traditional accelerators that lack proper encryption knowledge and web3 accelerators that overemphasize tokenization.

The market demand for blockchain applications has been steadily growing in recent years. However, the lack of proper infrastructure, encryption knowledge, and technical support has made it challenging for blockchain-based startups to compete with traditional startups. To address this issue, Tatum, with the support of venture capital companies like Rockaway Capital and Credo Ventures, has come up with an accelerator plan that offers a convertible note of €40,000 to participating startups. The equity varies according to the entrepreneurial stage of each startup.

The accelerator plan aims to provide startups with practical guidance and support in developing blockchain applications that are not solely focused on tokenization. As opposed to web3 accelerators that mainly concentrate on creating tokenized applications, this plan highlights the need for encryption and cybersecurity.

Tatum’s accelerator is unique because it caters to startups with different entrepreneurial stages. Whether the startups are at the ideation, validation or scaling stage, Tatum’s acceleration program offers a framework that provides startups with the necessary infrastructure, technical support, and practical guidance to develop blockchain applications.

In summary, Tatum’s accelerator program aims to offer a platform where the deficiencies of traditional accelerators can be addressed while incorporating web3 accelerators’ strong points. This would ultimately lead to well-rounded blockchain-based startups that are equipped to face the challenges of the global market.

In conclusion, the launch of Tatum’s accelerator plan is a significant step towards providing adequate technical and infrastructure support to emerging blockchain-based startups, and this move will undoubtedly close the vacuum between traditional accelerators and web3 accelerators.

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