- Cointelegraph Accelerator program and bitsCrunch Startup Program collaborate to support NFT projects.
- Members will take part in and benefit from both projects through the unified initiative.
- The collaboration will result in synergy because the pipelines of the participating projects will be combined.
Cointelegraph Accelerator has joined forces with bitsCrunch’s startup program to support developers and startups on their journey as a way of contributing to the growth of the NFT industry. This partnership is one of many initiatives entering the market to provide infrastructure and analytical tools to support market actors, even as the market witnesses an increase in the nonfungible token (NFT) trading volumes in Q1 2023 and marketplaces compete for market share.
Additionally, there is a need for forensic tools to assist traders and investors in making wise, financially secure decisions; proof-of-wash trading and other bad actors’ misuse are becoming more evident.
bitsCrunch announced on Twitter, informing startups and developers in the Web3 space about the program’s benefits. The company stated:
“Join our project and be part of the next big thing in the industry. You’ll get free access to our APIs, mentorship, and earn bounties and airdrops.”
Vijay Pravin, Founder & CEO of bitsCrunch, acknowledged that he was thrilled to be part of this great initiative. He said:
“This is a wonderful opportunity for #startups and #developers in the Web3 space to get involved in the next big thing in the industry.”
Since 2013, Cointelegraph has made a name for itself as a leader in the crypto media space, covering digital assets, the metaverse, and emerging technologies. Now, it aims to assist other rising stars in realizing their full potential through its recently launched Cointelegraph Accelerator Program.
On the other hand, BitsCrunch is an analytics company established in 2020. It offers NFT data solutions across blockchains, increasing industry transparency by exposing wash trading and other practices. In February 2022, the company announced that it had secured $3.6 million in a funding round led by Crypto.com, Coinbase Ventures, and Animoca Brands.
The bitsCrunch startup program and Cointelegraph Accelerator’s partnership will create synergy as the pipelines of the participating companies are integrated, giving them quick access to each partner’s program if they meet the requirements. Also, participants in the BitsCrunch startup program will qualify for discounted, exclusive media packages that will grant them access to Cointelegraph coverage.
About bitsCrunch Startup Program
The bitsCrunch startup program, introduced in February 2023, intends to increase the ecosystem for nonfungible tokens (NFTsvisibility ) and data transparency. The program contains a thorough plan to increase its investment of resources and innovation in the developing sector. By doing this, bitsCrunch hopes to increase the availability of NFT data for startups and developers working on market-enhancing initiatives. The community will be able to promote adoption and innovation as time goes on.
Developers and early-stage startups can take advantage of bitsCrunch’s analytics and risk-management solutions for free or at a minimal cost. After being accepted into the program, participants may anticipate receiving integration guidelines that will help them make the most of this initiative and constructive criticism and advice from the firm’s technical staff. The product team also provides technical support and early access to new upgrades as part of this program.
About Cointelegraph Accelerator
Launched in January 2023, The accelerator program intends to aid Web3’s rising stars in increasing their brand awareness, community growth, and media presence in exchange for project tokens. It achieves this by utilizing its strengths as a powerful media outlet and strategic partner. Cointelegraph Accelerator capitalizes on the knowledge of the more than 150-person international Cointelegraph team, which works to create media products in 11 different languages. The initiative targets Web3 social, cross-chain, layer-2 solutions, nonfungible tokens (NFTs), decentralized finance (DeFi), GameFi, and other areas of the more significant Web3 industry. The program focuses more on participants between the seed and Series A stages with a proven business model.
More than a dozen companies have already joined the program, making the application process available to the public.
