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Arrington Capital and Borderless Capital Double Down on Moonbeam as the Premier Destination for Cross-Chain Innovation with Accelerator Program Investment

April 13, 2023 – Miami, FL – MoonbeamGo to page https://moonbeam.network/, the top destination for multi-chain applications on Polkadot, is excited to announce the debut cohort of Web3 startups in the Moonbeam AcceleratorGo to page https://moonbeamaccelerator.com/ program operated by Rokk3rGo to page https://www.rokk3r.com/. Designed to support early-stage and growth-stage startups, this program offers top-notch support for teams currently building on Moonbeam’s smart contract platform or those looking to get started and bring their innovative ideas to life on Moonbeam.

The Moonbeam Accelerator is supported by leading Web3 venture capital firms Arrington Capital, Borderless Capital, and Paka, all of whom are committed to helping drive support and adoption for innovative cross-chain projects.

“There’s a fresh wave of energy within the multi-chain space, catalyzing a trend that is pushing the industry toward true interoperability and making blockchain accessible to a mass audience,” said Michael Arrington, Co-Founder at Arrington Capital. “It is important for us to back the early innovators when it comes to this area and we are excited to support Moonbeam’s vision of enabling seamless cross-chain integration for startups. I look forward to seeing the teams in this cohort accelerate their progress.”

The accelerator’s goal is to foster and reinforce core skills in areas such as technology stacks, business, marketing, financials, and fundraising. By providing access to an extensive network of industry experts, resources, and tools, the Moonbeam Foundation and its VC partners aim to accelerate the growth of innovative projects and companies in Web3. The accelerator is organized and led by Rokk3r, a strategic holding company that partners with entrepreneurs, corporations, and investors to build and scale their business models, which enables cohort teams access to live mentorship and an unmatched library of content and tools.

Bootcamps, pitching sessions, and live and pre-recorded technical sessions all round out the benefits that startups will receive when accepted into the Moonbeam accelerator program. This all leads up to “Demo Day” later this year, when selected teams will pitch investors, aiming to raise additional capital for their projects.

“Cross-chain messaging and native interoperability are key to unlocking the full potential of a multi-chain future, and our accelerator program is a major step towards helping developers define that future,” shared Derek Yoo, CEO of PureStake and co-founder of the Moonbeam Network. “We invite all startups and teams to apply and join us in building a more connected and inclusive blockchain ecosystem.”

The projects selected as the initial cohort span DeFi, gaming, infrastructure, and user acquisition tooling:

For more information about the Moonbeam accelerator program and how to apply for future cohorts, please visit https://moonbeamaccelerator.com/Go to page https://moonbeamaccelerator.com/

About Moonbeam

MoonbeamGo to page https://moonbeam.network/ is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.