The accelerator launches with $15 million in funding and mentorship support from a plethora of investors.
DFINITY Foundation, a not-for-profit organization based in Switzerland and major contributor to the Internet Computer blockchain, announced the launch of the Olympus Acceleration Platform.
According to a press release, Olympus represents the first decentralized, on-chain web3 accelerator. DFINITY says it’s “a first of its kind platform,” that will be used by “teams around the world to organize and launch their own accelerator programs.”
The foundation also cites Olympus’ “Open Stake” model, where projects, mentors, and investors can “interact freely, enabling permissionless ecosystem inclusivity and unlimited integrations” as a determining factor separating it from similar accelerator programs.
