You receive immediate funding of US$200k, a 12-week structured program covering Web3-native topics, the opportunity to pitch to investors during Demo Day, and access to LongHash Ventures’ and Protocol Labs’ extensive network of investors, founders, and tech specialists

The LongHashX Accelerator Cohort 11, in partnership with Protocol Labs, will accelerate early-stage teams building projects in the Filecoin ecosystem with compelling FVM use cases. Startups that join the program will get exposure to a network of investors, founders, and tech specialists from the Filecoin ecosystem on how to build a FVM use case

LongHashX and Protocol Labs will invest a combined US$200k at the start of the program in exchange for 4% of equity / future total token supply. Additional funding from LongHash Ventures is available at LongHash Ventures’ discretion for select teams, after Demo Day

LongHashX, established in 2018, is the world’s first and leading Web3 accelerator, working closely with leading ecosystems to bootstrap and grow their developer communities, and with early-stage founders to turn their concepts and ideas into Web3-native businesses. LongHashX is part of LongHash Ventures, one of Asia’s leading Web3 VC funds, investing in a multi-chain future, with notable investments including Safe, zkSync, Polkadot, Acala, Astar, Balancer, Instadapp, Xanpool, and Zapper

The program is 12-weeks long and includes a structured Web3-native curriculum across six modules, including Web3 product strategy and design, tokenomics and governance, community building, tech, fundraising, and Web3 legal. Program participants will have a dedicated Venture Builder who will meet them weekly to be a thought partner and problem-solve on their toughest challenges. Program participants also get access to LongHash Web, our soulbound token-based on-chain contribution network, with 40+ Web3 founders, investors, and devs, who provide weekly mentor office hours

Post-Demo Day, we will connect you to investors who register an interest in meeting you, and we will provide you guidance on your fundraising round. You will also become part of LongHashX’s portfolio and alumni network, and the wider LongHash Ventures network

Applications are open until end of April and the program starts end of May

We consider early-stage Web3 startups building on the Filecoin ecosystem with compelling FVM use cases. In terms of FVM use cases, we are particularly interested in following mechanisms:

• DataDAOs: Introduce collective governance that we usually see in DAOs to manage and tokenize various datasets that are being stored on the Filecoin network
• Compute Over Data: Enable complex computation and activities over data stored on Filecoin in a decentralized manner
• Content Delivery Network: Manage the distribution and delivery of content autonomously on the edges of the network via
• FVM Perpetual Storage: Run autonomous and permissionless code to guarantee the continuation and renewal of storage
• New Storage Market Primitives: Create storage bounties, auction mechanisms, discounts, rebates, price options and other primitives that would both benefit the experience of storage providers and data producers
• Replication and Repair Workers: Automate the process of replicating data multiple times across the network, and repairing data in the case of faults or expirations

Startups ideally have full-time cofounders (or in the process of becoming full-time) with a well thought out problem statement and solution or whitepaper and idea. A prototype or MVP is ideal but not required to be considered. Typically we consider startups that have not yet gone through any rounds of fundraising, as we are usually the first check and our investment terms are standard

The program is remote and conducted virtually, which allows us to take in projects from all over the world. Depending on travel and border restrictions, there may be opportunities for in-person meet ups in Asia and other parts of the world

Yes, geographic location is not an acceptance criteria and we consider teams globally. We have program alumni from Asia, Europe, the Americas, and Oceania.

Yes! The program is completely free.