TDeFi and DMCC Announce Cohort-3 of Web3 Acceleration Program with Elysium Chain as Blockchain Partner

The top 3 projects shortlisted from the Web3 Acceleration Program by TDeFi and DMCC stand to win US$150K worth of investments from Elysium Chain, the program’s blockchain partner.

In its journey to offer strategic support to founders and help them scale their Web3 journey under the banner of ‘ Web3 Acceleration Program,’ in collaboration with DMCC, TDeFi, the leading token growth studio company in the Web3 space, has joint forces with Elysium Chain as its blockchain partner for the program.

Elysium Chain is built by Vulcan Forged, a gaming studio with 10+ NFT and gaming projects acclaimed for offering users lightning-fast transaction speeds and unmatched scalability potential, properties that can empower the different domains of AI, Metaverse, and Gamefi.

Cohort-3 of ‘Web3 Acceleration Program’

The program will be two months at a stretch, helping products in their transformative journey to becoming a full-fledged business.

Some of the mentors involved in the process include Mario Nawfal, host of The RoundTable, the largest Twitter space, Ravikant Agrawal, Director of Growth at Polygon Labs, Aamir Ghai, Chief of Staff at Manta Network, Jamie Thomson, CEO at Vulcan Forged, and more stalwarts in the Web3 space with years of leadership experience.

Participants can expect at least 15 immersive mentorship sessions where they will learn game-changing tactics on how to raise funds, maintain compliance most efficiently, manage tokenomics, and prepare the most optimized go-to-market strategy possible.

According to Gaurav Dubey, the CEO of TDeFi, “the program will help crypto product developers take the most defining leap in their product-to-business journey by empowering them with a diverse set of skills and key feedback at every possible phase of transition.”

On the last day of the program, i.e., the Demo Day, the startups will be asked to offer demos and presentations of their ideas to a chosen group of investors. At a more tangible level, the Elysium Chain will invest US$150,000 in the top three startups.

Elysium Chain’s Jamie Thomson was clear on his take on why the chain backs this initiative. He said, “Elysium is the chain of the future. We are not only ready to cater to the needs of AI and Metaverse, but we are also sustainability and efficiency-optimized. We believe that our growth should be synchronous with the growth of the ecosystem that surrounds us, and that’s why we’ve decided to make this investment as a token of encouragement for fresh and innovative projects.”

The Success of the Previous Version

The present Cohort will be three-phased, including induction, mentor sessions, and demo day, and will dwell upon a range of operational areas such as product development and scaling, recruitment and team building, and strategy making for fundraising, regulations and compliance, marketing and community growth, token engineering and markets management.

The design of the present cohort thrives on the success of the previous version, which witnessed unmatched enthusiasm with more than 300 aspiring startups participating in it. More than 15 ventures were chosen in the end, who went through rigorous mentorship and completed hands-on assignments to finally present their ideas in front of investors.

“Our collaboration with the acceleration program is driven by the alignment of visions. DMCC was established to become a hub for everyone wanting to make their mark in the world of business, trade, and commerce, from startups to MNCs. The program, on a similar note, looks at the complete trajectory and helps with all the aspects necessary to successfully transition an entity from an idea to a robust business entity”, the remarks of Ahmad Hamza, Executive Director Free Zone at DMCC, captured the essence of the initiative perfectly.

About TDeFi

TDeFi is a token growth studio dedicated to promoting the adoption of web3 technologies. We aim to remove barriers hindering web3 adoption by offering access to renowned mentors, token engineering, token management, community growth assistance, exchange listings, investor connections, and growth hacking partnerships.

Since 2020, TDeFi has successfully guided 55+ companies through the token markets. Several of our portfolio companies have achieved market capitalizations exceeding one billion dollars.

TDeFi’s vision is to establish it as a gateway to an ecosystem that empowers web3 projects aligned with the vision of equitable distribution of wealth for the masses

About DMCC

Established in 2002 to set up Dubai as a commodity trading and enterprise gateway to the Middle East and beyond, DMCC has been ranked #1 by the Financial Times as fDi’s Global Free Zone of the Year. It is home to more than 24,000 registered companies with 87 residential and commercial towers, contributing to 11% of Dubai’s annual FDI. DMCC’s Crypto and Blockchain Ecosystem is a leading global force in the development of the rapidly evolving crypto, Web3, and blockchain economy worldwide. 

About Elysium

Elysium Chain matches up to the need of AI, Metaverse, and Gaming space on the blockchain by offering superfast transaction speeds and extremely high levels of scalability. Its performance has gone up to 2,500 transactions per second while offsetting nearly 75,000 kilograms of Carbon emission and supporting the minting of over 70,000 NFTs.