The DFINITY Foundation, a Swiss-based nonprofit research and development organization, recently unveiled Olympus 🏔, web3's pioneering decentralized, on-chain global acceleration platform, built on the Internet Computer Blockchain (ICP). Aimed at fostering web3 technology's growth and adoption, Olympus marks the inception of a new era in accelerator programs. It is designed to support teams globally to organize and initiate their accelerator endeavors 🌐.
With an initial $15M grant from DFINITY and the ICP Asia Alliance, Olympus is set to bolster the Web3 and AI ecosystem, particularly in Asia, with plans for further expansion through alliances in the EU, MENA, Africa, and America, highlighting its global outreach 🌍. Transitioning into a decentralized autonomous organization (DAO) by the end of 2024, Olympus aims for sustainability through a native token generation event (TGE) and community fundraising, ensuring stakeholders benefit directly from its success 💰.
Olympus stands out by offering a one-stop platform for project acceleration, providing access to grants, crowdfunding, VC investments, and referrals, all within a single, on-chain ecosystem. It connects projects from over 40 countries with a distributed network of startup accelerators, enabling them to raise funds, access talent, and engage with communities across various ecosystems. Moreover, it offers investors enhanced visibility and early access to transparent, globally vetted opportunities 🌟.
Dominic Williams, the founder of DFINITY, highlighted Olympus's distinction from traditional, siloed accelerator programs, praising its model of decentralization, innovation, and entrepreneurship. Olympus promises a permissionless, inclusive ecosystem with multi-chain infrastructure, on-chain verification of project metrics, and a trustless perpetual rating loop, all leveraging Internet Computer Protocol's technologies 🔗.
Partnered with Web3Labs and supported by venture capital investors and mentors from renowned funds, Olympus is poised to lead the next generation of projects in the Internet Computer and other ecosystems towards significant growth and success 🚀.
To dive deeper, check out the complete article:
https://droomdroom.com/dfinity-foundation-launches-olympus-a-decentralized-global-acceleration-platform-on-the-internet-computer/
