Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK

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Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have launched a UK-based Web3 accelerator program aimed at boosting promising startups. This initiative will provide selected Web3 companies with up to £250,000 (approximately ₹2.85 crore) in funding.

The program, announced on Monday, focuses on supporting startups utilizing AI and blockchain technology with the potential to significantly contribute to the UK’s economy. The initiative provides extensive support over a 16-week period.

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