The MomentumX Accelerator has been launched by Web3 privacy layer COTI in collaboration with IDO platform Poolz. Through the MomentumX Boost Plan, a collection of services that provide companies with the tools they need to thrive, the accelerator will assist ventures expanding on COTI’s technology stack.
The MomentumX Accelerator was created to help the COTI ecosystem flourish sustainably. It will guarantee that projects using COTI’s flagship privacy technology—which is based on Garbled Circuits from Soda Labs—are equipped to develop novel solutions in the field of Decentralized Confidential Computing (DeCC).
The MomentumX Accelerator, a partnership between COTI and Poolz, will launch a wave of potent apps that facilitate confidential transactions secured by COTI’s cutting-edge privacy layer 2. Poolz will provide the MomentumX Accelerator with its Initial DEX Offering (IDO) infrastructure, enabling businesses based on COTI to raise capital and launch their products.
COTI has committed to spend up to $1 million a year in eligible initiatives, increasing the likelihood that accelerator participants will reach their greatest potential. Furthermore, COTI and Poolz will work together to execute MomentumX’s Boost Plan, a supplementary initiative that actively looks for new ideas and developers.
The MomentumX Boost Plan offers Poolz public launchpad visibility together with up to $250,000 in early subsidies and funding from COTI for innovative privacy projects. Boost also offers company growth, partner introductions, including top investors, exchanges, and market makers, influencer and KOL introductions, and co-marketing across social media platforms.
Together with COTI’s state-of-the-art technology and developer know-how, Poolz’s proven track record in the cryptocurrency fundraising space will significantly increase the likelihood of success for new initiatives. The MomentumX Accelerator will provide developers and entrepreneurs with the tools they need to become proficient in COTI’s technology stack and build innovative apps that prioritize privacy.
Projects interested in being part of the MomentumX Accelerator may now apply.
