- Ashutosh
- accelerator, Outlier Ventures, startups, Walmart, web3
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Walmart, the world’s largest retailer, has partnered with Outlier Ventures to launch a web3 accelerator program. The program aims to support startups that are building decentralized applications and services using blockchain technology.
The accelerator will provide selected startups with funding, mentorship, and access to a network of industry experts. The goal is to help these startups grow and scale their businesses in the rapidly evolving web3 ecosystem.
Five startups have been chosen for the inaugural cohort of the accelerator:
- Decentralized Marketplace: This startup aims to create a decentralized marketplace that allows users to buy and sell goods and services using cryptocurrencies.
- Supply Chain Traceability: This startup is building a blockchain-based solution to track and trace products throughout the supply chain, ensuring transparency and authenticity.
- Smart Contracts: This startup is developing a platform for creating and executing smart contracts on the blockchain, enabling secure and automated transactions.
- Identity Management: This startup is working on a decentralized identity management system that gives users control over their personal data and privacy.
- Energy Trading: This startup aims to build a peer-to-peer energy trading platform using blockchain technology, allowing users to buy and sell renewable energy.
The Walmart and Outlier Ventures web3 accelerator is an exciting initiative that showcases the growing interest and investment in blockchain technology. By supporting these startups, Walmart and Outlier Ventures are not only fostering innovation but also positioning themselves as leaders in the web3 space.
