According to Foresight News, Wormhole has announced its ecosystem plan, which includes three components: the Wormhole Accelerator, a cross-chain ecosystem fund, and the xGrant program. Borderless Capital has launched a $50 million cross-chain ecosystem fund aimed at developing the next generation of Web3 applications.
The Wormhole Accelerator Base Camp is a 12-week accelerator program for projects, protocols, or startups that wish to utilize Wormhole. The program is operated by Outlier Ventures, and participating teams can receive up to $200,000 in funding.
The Wormhole xGrant is targeted at developers or teams, and applications are now open. This initiative is part of Wormhole's broader strategy to foster innovation and development within its ecosystem.