Wormhole recently announced a global multi-chain startup program called Sigma, which aims to promote innovation and growth in the Web3 ecosystem. This program consists of three main parts: Sigma Sprint, Sigma Accelerate, and Sigma Seed.
1. Sigma Sprint: This is a global multi-chain builder competition that will start on October 14, 2024, offering more than $1 million in prizes and seed funding. This is a platform that provides support, education, and incentives for individuals and teams to turn their innovative ideas into reality.
2. Sigma Accelerate: This program aims to transform early-stage projects into investable and market-ready companies. Participants will receive expert guidance, strategic guidance, and education covering everything needed to successfully enter the market. The program ends with a project presentation day where teams can showcase their projects.
3. Sigma Seed: In addition to the incentives and bonuses provided during the Sigma Sprint, Borderless Capital also provides the necessary funds for early-stage teams to continue their entrepreneurial journey.
Wormhole's Sigma Startup Program is designed to guide builders and startups from concept to fully funded startups, offering a total prize pool of over $1 million and seed funding. This program provides a comprehensive initiative designed to guide builders and startups from concept to a fully funded startup in the crypto space.
In addition, Wormhole also plans to launch the first multi-chain governance solution MultiGov in 2024-2025, and launch Worhole DAO, as well as ZK platform upgrades to provide ZK light clients for Ethereum, Near, Sui, Aptos, and Cosmos.
This plan not only shows Wormhole's emphasis on the development of the multi-chain ecosystem, but also reflects support for innovation and incentives for developers.
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