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ScalingX Launches $20M for Web3 Accelerator and Hackathon

San Francisco — ScalingX, a top Web3 developer community and accelerator, is launching its accelerator with a committed investment of $20 million. The accelerator is designed to support and cultivate the Web3 ecosystem, with a focus on building scalable and secure infrastructure solutions such as zero-knowledge (zK) technology, decentralized finance (DeFi) and metaverse projects.

The founding team at ScalingX believes that the future of the internet is in Web3, and the accelerator helps realize this vision. The accelerator will provide resources and support to promising projects, helping them grow and succeed in the Web3 space. The investment will be used to fund a variety of initiatives, including development, community building, and notably, a global hackathon.

Related News:

Web3 Accelerator ScalingX Launches Incubation Program To Boost Zero-Knowledge Technology Adoption

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