Boba Network, an optimistic-based multichain layer-2 scaling solution, has announced the launch of the Boba Liftoff Accelerator. Global Web3 startups can apply for the program and benefit from over $1 million in funding through this virtual accelerator.
Boba Liftoff Accelerator
The Boba Liftoff Accelerator, launched in partnership with Brinc, a global leader in venture acceleration and corporate innovation, helps founders move their projects to the Boba Network. This layer-2 solution offers affordable building costs, lower transaction fees, and enhanced computational power through hybrid computing.
The accelerator has established partnerships with industry leaders such as Cointelegraph, Animoca Brands, Gate.io, Bixin Ventures, Enya Labs, Ceras, DMCC, Enjinstarter, Gotbit, Genesis Capital, The Crypto Times, Ghaf Capital Partners, and Mulana Capital. It has a strong network of 100 Web3 mentors and top investors from MENA, North America, and Southeast Asia.
The Boba Liftoff Accelerator aims to identify and mentor leading Web3 startups focused on scaling real-world assets (RWA), AI, DeFi, and gaming projects. Successful applicants receive milestone-based grants, comprehensive technical support, and strategic business development resources. Participants also gain lifetime access to the network, ongoing support, and extensive promotion across Boba and Brinc’s global communities and social media platforms.
The 10-week program is designed to support projects that are expanding onto the Boba Network and scaling rapidly. It leverages Brinc’s and Boba’s robust networks, mentors, and social platforms to promote projects. The program is entirely remote. It involves two workshops per week, engineering support from Boba Network, weekly mentorship sessions, investor and partnership connections as needed, and weekly office hours.
Boba
Boba Network is an optimistic-based multichain layer-2 scaling solution designed to unlock the potential of roll-up technology and enable more flexible blockchain communication. Fully compatible with EVM-based tools, Boba Network has already deployed multichain support for Ethereum and BNB, offering lightning-fast transactions with fees 40-100 times lower than their respective layer-1 counterparts. Boba Network brings Web2 capabilities on-chain, enabling smarter smart contracts. This allows visionary developers to leverage off-chain computing and real-world data to build hybrid dapps, connecting people to the future of blockchain applications.
Brinc
Brinc is a key player in global venture acceleration and operates ten multidisciplinary accelerator programs across seven countries. Brinc accelerates startups focused on climate tech, CDR, food technology, blockchain technology, artificial intelligence, web3, robotics, connected hardware, and the Internet of Things (IoT).
Final Words
Brinc and Boba recently launched the Boba Liftoff Accelerator to help founders easily move their projects to the Boba Network.
Frequently Asked Questions
What does Boba Network do?
Boba Network is a Layer 2 Ethereum scaling and enhancement solution that reduces gas fees, enhances smart contract capabilities, and improves transaction throughput.
Who is the owner of Boba Network?
Alan Chiu is the CEO and founder of Boba Network.
What is the Total Supply of Boba Network?
CoinMarketCap has a live market cap of $40,918,520. The circulating supply is 171,624,232 BOBA coins. Additionally, it has a maximum supply of 500,000,000 BOBA coins.
Where is the Boba Network Headquarters?
Boba Network headquarters is in San Francisco, CA.
Who is the Founder of Brinc?
Blake Resnick is the CEO and founder of BRINC.
Is Brinc a Public Company?
No, Brinc is not a public company.
What does Brinc do?
Brinc is a global leader in venture acceleration, operating 13 multidisciplinary accelerator programs across seven countries.