SINGAPORE, January 13, 2022 / PRNewswire / – Fintech startup accelerator F10 will partner with the Klaytn Foundation to launch an incubation program in Singapore. The program will support early stage startups built on Klaytn, a blockchain platform developed by internet giant Kakao Corp. The 3-month program starts in April 2022 and allow entrepreneurs to develop ideas or minimal viable products (MVPs) into scalable businesses.
The startups selected for this incubation program will participate in workshops, receive extensive mentoring, have access to an investor network, program benefits, workspace in Klaytn’s office, as well as support for technical development. The Klaytn Foundation also provides a grant in the form of the native Klay token.
This partnership builds on the strengths of both parties. Startups selected in the Inbucation program will have the opportunity to evolve and grow through the F10 curriculum, which includes topics such as problem / solution fit, tokenomics, growth hacking, community and governance. Entrepreneurs can also take advantage of the Klaytn Foundation’s expertise in blockchain infrastructure and existing ecosystem projects in GameFi, DeFi, and other innovative NFT use cases.
David shin, Head of Global Adoption of Klaytn, said: “We look forward to expanding the Klaytn ecosystem with some outstanding projects emerging from this incubation program. Working with F10 also strengthens our role as a facilitator in the Singapore startup community. We’re here to stay as the trend moves towards Web 3.0. “
Jonas Thürig, F10 manager Singapore adds, “The creation of this new incubator emerged from a shared vision that blockchain technology is ripe for mass adoption. are confident that our collaboration with Klaytn on this incubation program will repeat the success we have had with our existing and proven programs. “
Applications for the Klaytn F10-powered incubation program are now open. F10 and Klaytn invite start-ups to apply here.
Klaytn is a public blockchain focused on the metaverse, gamefi, and creator economy. Officially launched in june 2019, it is the dominant blockchain platform in South Korea and is currently experiencing global business expansion from its international base in Singapore.
These business development activities are supported by the US $ 500 million Klaytn Growth Fund, which aims to develop the business ecosystem built on Klaytn. The fund is managed and disbursed by the Klaytn Foundation, a Singaporenon-profit organization founded in August 2021.
For more information, please visit www.klaytn.com
F10 is a global innovation ecosystem with offices in Zurich, Singapore, Madrid, and Barcelona. F10 supports and supports startups in transforming their ideas into successful companies while stimulating collaboration with international organizations.
For more information, please visit www.f10.global
F10 and Klaytn are available for further comment or interview.