Foresight X Joins Forces with DePIN Surf Program as Accelerator Partner
In a groundbreaking partnership, Foresight X, in collaboration with IoTeX Foundation and FutureMoney Group, is fully committed to assisting in the planning, promotion, and recruitment of mentors and venture capitalists for the DePIN Surf Accelerator Program. Foresight X is the Web-3 accelerator under Foresight Ventures (AUM $400m), offering approximately $200,000 in funding support to each of their selected Web3 startups. This collaboration marks a pivotal moment for the projects in the DePIN Surf program by unlocking Foresight X's substantial media, mentorship, and funding resources.
DePIN Surf Program Support
Foresight X is taking a hands-on approach to program support, including the meticulous selection of mentors and cohort members. This collaboration unlocks the extensive venture capital, media (including Foresight News and The Block), and mentorship resources within the Foresight family, offering unparalleled support to DePIN Surf projects.
Cohort Investment
Foresight X will choose 1-3 projects from DePIN Surf’s cohort 1, which will launch on February 28th at ETHDenver, to join the third cohort of the Foresight X accelerator. These chosen projects will not only receive an investment ranging from $200,000 to $500,000 but will also benefit from comprehensive accelerator support to complement the support from DePIN Surf itself.
Additionally, Foresight X, in collaboration with IoTeX & FutureMoney Group, will jointly plan online and offline activities to aid the development of the selected projects and the entire DePIN ecosystem. The forms of these activities may include but are not limited to online Twitter spaces, offline workshops, hacker houses, and more.
Expertise and Resource Sharing
The collaboration between Foresight X and the DePIN Surf Program extends to knowledge sharing and active participation in workshops and roundtable discussions. Partners and project managers from Foresight X will share valuable insights with DePIN Surf projects, offering mentorship and online courses tailored to their needs. This engagement underscores Foresight X's commitment to fostering a nurturing environment for all web-3 projects under its umbrella.
About Foresight X
Foresight X is the Web3 accelerator under Foresight Ventures (AUM $400m), offering approximately $200,000 in funding support to each selected Web3 startup. In addition, Foresight X provides selected projects with high-quality industry resources and global community support, encompassing acceleration services across various aspects, including technical guidance, brand promotion, Tokenomics design, project operations, listing, company management, talent development, legal compliance, and more.
Visit Foresight X’s official website.
Read more about the 3rd cohort of the Foresight X Accelerator.