MoonPay Launches Accelerator for Web3 Startups
MoonPay has unveiled MoonPay Labs,a new accelerator for early-stage Web3 projects. This initiative aims too support technical teams in their growth journey.
MoonPay Labs will select up to five startups each year. These startups will get funding, product help, and long-term strategies. The program focuses on areas like stablecoins, decentralized finance, and SocialFi.
Abhay M, VP of Corporate Development at MoonPay, saeid, “We can spot and boost valuable projects. Our program gives founders the tools they need to succeed.”
The first participant is MoonGate. It makes buying memecoins easier by letting users pay with credit cards. This makes memecoins more accessible to everyone.
Startups will get UX workshops, token launch advice, and access to MoonPay’s tools. They will also receive feedback from MoonPay’s developer network.
Along with early funding, MoonPay Labs may offer more funding as startups grow. This helps founders keep more ownership before their Series A round.
MoonGate is the first startup in MoonPay Labs. It makes buying memecoins easier by letting users pay with credit cards.This aims to bring memecoins to more people.
MoonPay Labs is part of MoonPay’s Corporate Development group. This group also runs MoonPay Ventures, which has invested in over 30 Web3 companies since 2023.
