Kompass Accelerator Startup Accelerator supports 125,000 USD for each project

Ninety Eight has launched the Kompass Accelerator, supporting early-stage Web3 entrepreneurs with a focus on Vietnam and Asia.

Kompass Accelerato program targets Web3 startups

According to Ninety Eight, a Startup based in Ho Chi Minh City, the program will provide strategic advisors, quality networks, early-stage capital to facilitate growth and create a clear differentiation from the very beginning for startups in the Web3 space.

“Building a company in the blockchain space is an endeavor that requires significant resources, in-depth knowledge, and relentless dedication,” said a representative from Ninety Eight.

Kompass applies the following approach:

- Unlimited intake: Kompass will continuously receive and review applications to meet the rapid innovation in the field. The program is tailored to the specific goals and needs of each founding team.

- Founder-friendly terms: Kompass will invest $125,000 at the early stage with no valuation cap.

- Direct, high-impact consulting: Kompass focuses on practical, goal-oriented advice. Experienced advisors will provide insights from real-life success stories, helping founders focus on building their products.

Ninety Eight has announced $25 million in support for startups.

Ninety Eight has always been at the forefront of the blockchain movement. Since 2021, the company has used its expertise to support and incubate more than 10 pioneering teams in this space, from ideation to project scale. Some notable names include League of Kingdoms, Ancient8, Aura Network, Navi Protocol…

“We are focused on building platforms and infrastructure that will bring millions of users into the Web3 economy . However, our mission is much broader. We believe that the widespread adoption of blockchain technology depends on a strong and collaborative startup ecosystem,” said a representative of Ninety Eight.

BINH LAM

Source: https://www.sggp.org.vn/tang-toc-khoi-nghiep-kompass-accelerator-ho-tro-125000-usd-cho-moi-du-an-post729816.html