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06/09/2022

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Genius X new projects onboarded

Genius X, an accelerator program for an early-stage projects on Cardano, announces its second group of startups.

Genius X new projects onboarded

Genius X, an accelerator program for an early-stage projects on Cardano, announces its second group of startups.

Current environment

Genius X is a premium accelerator program for startups building on Cardano, one of the biggest decentralized blockchains by market capitalization. Cardano currently has over 900 applications being built with smart contract functionality, with many planning to go live after the scalability updates from the upcoming Vasil hard fork scheduled for June 29th, 2022. Genius Yield, also part of the Genius family together with Genius X, plans to release the first concentrated liquidity order-book DEX for Cardano in Q3, 2022.

With the surge of dApps building on Cardano, it has become harder for individuals to assess the quality of new projects and their tokens as well as to have conviction in supporting the growth of projects through participating in their ISPOs and token launches.

Genius X — An extra level of quality

The Genius X team reviews each startup thoroughly prior to joining the Genius X Accelerator Program, from founding members background and experience to product market fit and development, current community traction and more. Genius X onboards ambitious early-stage startups that can add value to the Cardano ecosystem. In joining the Genius X Accelerator Program, startups are in close contact with a world class team, who provide guidance on fundraising, marketing, business and product development, legal structure, token design, pitch deck presentation, and their technical whitepaper. In addition, Genius X helps startups in their fundraising rounds by connecting them with investors and setting up an Initial Stake Pool Offering (ISPO) via Maestro’s stake pool deployment platform, which successfully ran the Genius Yield ISPO.

New members of the Genius X family

A second group of exciting startups have joined the accelerator program:

  1. ADAO Summon — ADAO is a Decentralized Autonomous Organization (DAO) that will provide the open-source tools and framework to spur DAO adoption and help communities implement community governance mechanisms such as voting and spending.
  2. Fluid Tokens — A peer-to-peer decentralized NFT lending platform on Cardano that allows borrowers to use their NFTs as collateral.
  3. Tavern Brawl — A multiplayer online First Person Shooter (FPS) game with Play-to-Earn (P2E) set in the HHMC universe.
  4. Reach Metaverse — Reach Cloud provides the infrastructure and hosting platform for creating meta spaces, allowing users to build and interact in the Reach Metaverse; from marketplaces, art galleries, institutions and more; universal access to VR simulations from any device.

Interested in learning more about Genius X?

  1. Startups — Send in an application from our website below.
  2. ADA Holders — Connect with us on social media and check out the Genius X ISPO currently running until September 12, 2022 (Epoch 363). The $GENSX token has numerous benefits, such as receiving a share of the platform’s revenue and Utility NFTs.
  3. Venture Capital / Accredited Investors — Get in touch through social media and fill in our contact form available here.

About Genius X

Genius X fosters innovation on the Cardano network while empowering Web3 startups to build impactful and scalable blockchain-based companies that will have a massive impact across the globe. We accelerate and scale incredible projects on Cardano and Web3 through our advisory, mentorship, and growth experiences.

Website | Discord | Telegram | Telegram | Announcements | Twitter | Instagram | YouTube | LinkedIn | Medium

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ORIGINAL SOURCE

https://medium.com/@GeniusXOfficial/geni...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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