Cronos, the first EVM-compatible layer-1 blockchain built on the Cosmos SDK, announced today the nine participants selected for the first cohort of its flagship $100M-backed Cronos Accelerator Program.
The Cronos Accelerator is a 10-week program designed to accelerate the growth of top project teams building on the Cronos chain. The Cronos Accelerator Program is funded by the $100M Cronos Ecosystem Fund and will feature 3-4 accelerator cohorts per year.
Since the official announcement of the Cronos Accelerator Program in June, Cronos received over 300 applications across a variety of DeFi, web3 gaming, and infrastructure projects.
Applicants were assessed based on their market potential, product attractiveness, team experience, and the synergies they have with Cronos Chain.
