Cosmos Hub Grant deployed by Atom Accelerator DAO (AADAO) to LonghashX for Longhash Accelerator Cosmos Cohort
Team: LongHashX
Amount Approved: $250,000
Status: Complete

Longhash Accelerator Cosmos Cohort

In the dynamic Cosmos ecosystem, attracting and nurturing high-potential projects is essential for driving innovation and growth within the Atom Economic Zone (AEZ). Recognizing the need for further dedicated support to ambitious teams, AADAO, in partnership with Neutron, awarded a $250,000 grant to LongHashX to establish a comprehensive accelerator program.

This initiative aims to identify and support five high-potential projects with venture funding and extensive venture-building resources. Additionally, the grant funds the creation of a Builder’s Program to support 20-25 emerging projects, fostering further ecosystem development.

Prior to these initiatives, there was no structured accelerator program focused on projects aligned with the AEZ. By providing critical resources and financial support, Builder’s Program can attract strong teams and innovative builders to the Cosmos ecosystem, making this a pioneering effort to boost growth and application development.

The 12-week accelerator program will fund targeted grants, divided between the Accelerator Track and the Builder Fellowship. The AADAO and Neutron look forward to initiating this vital program for accelerating and nurturing promising projects in the Cosmos ecosystem.

About LongHashX
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LongHashX is one of the world’s leading Web3 accelerators with the strongest network in Asia. We partner with the leading Web3 ecosystems and infrastructure protocols to build their developer communities by funding and venture building with early-stage founders.

Team: LongHashX
Current Status: Complete
Funding Program: Regular Grants
Funding Category: ATOM Zone build-out

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $250,000
Amount Approved: $250,000 (100%)
Amount Paid: $250,000 (100%)

Date Applied: May 31, 2023
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Jun 05, 2023 (5 days)

Payments Made: View the DAO DAO prop on our Grants Wallet or Mintscan of the transaction $125,000 (Jun'23) $125,000 (Mar'24)

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