Avalanche has announced the launch of Codebase, an accelerator that supports early web3 projects. The program, which lasts for 12 weeks, is designed specifically for early founders and will focus on product, engineering, listing, operation, organizational development, and fundraising. The first batch of the accelerator program will select 15 startups, each of which will receive a reward of $50,000 to focus on construction during the project period. Participants will have the opportunity to compete for a $400,000 investment prize pool on Demo Day.