According to ChainCatcher, the Web3 startup accelerator Spring Xcelerator (SpringX.net) has officially launched, with the application deadline being October 19. SpringX was jointly initiated by 14 head project founders and 3 top investment institutions, providing a $20 million funding pool, systematic courses, and a strong founder network and resource support for Web3 entrepreneurs in the seed or angel rounds.

The co-investors include SevenX Ventures, Generative Ventures, and Bixin Ventures. The project founders include Charles (Galxe), Chess (GM Labs & QuestN), Chris (MirrorWorld), Daidai (Dodo), Jack (Aspecta), Mogu (Chainbase), Niels (BuidlerDAO), Tim (d.id), Ryan (CyberConnect), Wendy (Beosin), Xiao (zCloak), Yuanjie (Conflux), Zhixiong (ChainFeeds), and Zhouqi (EthStorage).