LONDON, February 23, 2022 /PRNewswire/ — Huobi Incubator, the project incubation arm of Huobi Group, today announced the second group of partners for Web3 Scholarship, a funding platform for developers, builders and projects in the Web3 domain. . The latest group of partners includes startup investment platform, Republic, and five other companies and organizations. Huobi Incubator will work with these partners to establish a pool of shared resources for funded projects; these may include user information, developer support, media relations, and legal and compliance resources.

The Web3 craze has led to a flood of emerging projects in this area. To better support these projects and provide more comprehensive incubation services, Huobi Incubator launched this platform in January 2022, sow it with $10 million and the establishment of a post-investment team of 50 people to supervise and coach these projects. Since then, nearly 100 Web3 projects have applied for grants.

The details of the six new partners are as follows:

Republic: Republic is a startup investing platform for everyone. It allows ordinary people – not just a few wealthy accredited investors – to invest in highly vetted private startups, with as little as $10 or as much as $100,000 by investment.

Imperial Blockchain: Imperial Blockchain Group is an independent organization run by students and faculty at Imperial College London, and was founded in 2022. The group has branches in research, consultancy and technology, as well as its own Imperial Incubator program .

Enjstarter: Enjstarter is the first IDO & INO launchpad for games, entertainment and Metaverse projects. They bring together players, guilds, publishers, musicians, sports personalities, etc. to build a sustainable metaverse gaming and entertainment ecosystem.

DoraHack: DoraHacks is a multi-chain platform that allows Web3 blockchains to organize grants, hackathons and bounties, to support developers in their ecosystems. Over the past year, 27 mainstream Web3 ecosystems, including Solana, Polygon, and Avalanche, have funded over 2,000 projects. With matching contributions, developers got more than $20 million in grants.

Asia Blockchain Gaming Alliance:Asia Blockchain Gaming Alliance is a non-profit blockchain gaming alliance, founded by leading institutions in the blockchain and gaming industry.

Web3 Scholarship has also partnered with DEFINITY, Octopus network, and other public channels to co-host and sponsor hackathons, playing a pivotal role in helping the next generation of Web3 startups reach their full potential. Currently, a total of 5,000 teams have registered for various hackathons supported by the generous Web3 scholarship.

Projects interested in applying for the Web3 Scholarship platform can send an introductory email to [email protected]. They should also follow @Huobi_Incubator on Twitter for the latest news and developments. For more details on the benefits of partnering with the platform, Click here.

About Huobi Incubator

Huobi Incubator is a professional full-cycle project incubator that integrates industrial research with investment funds, incubation processes and accelerators. With a mission to accelerate the development of startup projects at all stages and for all users, Huobi Incubator helps entrepreneurs and startups overcome obstacles, achieve rapid growth and work towards their respective visions and goals.

SOURCE Huobi Incubator