Previously, Foresight earmarked $10 million for its accelerator, which launched in November 2022. In its first phase, Foresight focused on 30 companies from its Web3 project pool, providing an investment of $50,000 to $200,000. As the accelerator moves into its second phase, Foresight will allocate $200,000 to each selected project, and assign up to three mentors and one fund partner from the VC firm to provide practical guidance. A Demo Day will also be held upon the conclusion of the program.
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Source: Cryptocurrency - investing.com
