The selected teams will receive investment funding and mentorship. The 12-week virtual program includes support in English, Spanish, and Portuguese.
Outlier Ventures and Morgan Creek Digital have teamed up to launch their first accelerator program in Latin America.
According to a July 18 announcement, the chosen teams will receive up to $200,000 in investment funding along with three months of mentorship from industry experts in exchange for 6% equity or future token supply.
Other perks include token engineering support, an optional $30,000 interest-free repayable loan to help with initial legal costs and access to a network of investors.