blockchainreporter.net
COTI and Poolz, the two Web3 leaders, have partnered to launch the groundbreaking MomentumX Accelerator. The collaboration blends the two ledger’s specialties, that are, COTI’s cutting-edge Layer 2 privacy technology and Poolz’s expertise in crypto fundraising.
The COTI and Poolz have joined forces to set the stage for innovation in blockchain security and confidentiality. COTI is a blockchain-powered digital payments network while Poolz is a decentralized fundraising platform innovator. MomentumX Accelerator is a program that is developed to support startups working in privacy and Decentralized Confidential Computing (DeCC).
COTI’s Influence on Empowering Decentralized Confidentiality
COTI’s advanced cryptographic technology is the main core of this initiative. The cryptographic technology is built on the cryptographic advancements of Soda Labs’ Garbled Circuits. This innovation ensures startups can build robust, privacy-centric blockchain solutions.
COTI, with an annual investment commitment of up to $1 million, is paving the way for groundbreaking advancements in DeCC. Startups accepted into the program will benefit from the MomentumX Boost Plan. This plan offers grants of up to $250,000, mentorship, and access to a network of top-tier investors and marketers.
Poolz’s Excellence in Pioneering Crypto Fundraising
Poolz plays a vital role in the MomentumX Accelerator by providing a launchpad for Initial DEX Offerings (IDOs). Poolz has an owner of having a track record of supporting over 150 Web3 startups and raising more than $47 million in funding.
The fundraising innovator, Poolz, brings invaluable expertise to the table. Its infrastructure allows startups to efficiently raise capital and bring their innovative products to the market. Poolz’s collaboration with COTI ensures that startups within the accelerator are well-equipped to achieve both technological and financial success.
The MomentumX Accelerator represents a significant step forward for the Web3 ecosystem. By addressing the growing demand for privacy-focused solutions, COTI and Poolz are building the future of decentralized innovation. Applications for the MomentumX Accelerator are now open. These applications invite forward-thinking projects to be a part of this transformative journey.