Animoca Brands and Brinc launch NFT accelerator Launchpad Luna

Animoca Brands and Brinc launch NFT accelerator Launchpad Luna

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Animoca Brands and global venture accelerator Brinc have launched Launchpad Luna, a new accelerator program to identify, mentor, and invest in promising blockchain and non-fungible tokens (NFT) startups that are shaping the future of the web and driving digitalisation. Launchpad Luna will also accept high-potential startups seeking to adopt blockchain and NFTs into their core business. The new accelerator program will also identify and foster NFT innovation in the fields of culture, art, entertainment, media, gaming, streaming, collectibles, insurance, finance, and data management; DeFi and additional verticals will be added in the future. Importantly, the high-potential early-stage projects and startups, which are selected for the accelerator program will receive training and investments of up to US$500,000 (or equivalent) in exchange for equity and tokens. “New ecosystem of accelerators and startups” Animoca Brands co-founder and chairman Yat Siu said: “Launchpad Luna is an initiative that furthers our mission to enable a more inclusive digital economy and we are honoured at the level of enthusiasm and support we have received from the global NFT community. “We are thrilled to be doing this with Brinc, the number one accelerator in the region. “Brinc’s presence and network significantly increase our pathways into Europe, the Middle East, and China, and we look forward to establishing a new ecosystem of accelerators and startups at the epicentre of regional start-up activity that will allow us to contribute to the shape of the future.” Corporate partners support The new accelerator program also has the support of various mentors and corporate partners working towards the advancement of the NFT space, including AppWorks, Blockparty, Dapper Labs, EllioTrades, Gabby Dizon, Harmony (ONE) and various others. Startups accepted into the program will benefit from technical resources on product development, token design, fundraising, marketing, research, analytics support, and data management. They will also receive support to scale all aspects of their businesses, including access to world-class mentors in the crypto world along with key exchanges, chains, marketers, and investors within the networks of Animoca Brands and Brinc. Plan to invest in 1,000+ climate-conscious startups Launchpad Luna aims to shape the blockchain industry to embrace awareness of environmental concerns such as climate change. Admission to the program will be prioritized for climate-conscious projects that drive digitalization, while emphasizing proof-of-stake protocols and sidechains instead of proof-of-work, and that have lower overall physical footprints. Accepted entrants will receive training in optimizing a blockchain business to minimize energy use and carbon emissions. This is in line with Brinc’s plan to invest and support the development of more than 1,000 climate-conscious startups in the next five years.

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