BlockOn and XDC Network launch XDC Web3Preneur AccInvest, a joint accelerator program backed by a $125 million investment from XVC Tech Fund
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BlockOn, a leading blockchain ecosystem builder, and XDC Network, a Layer1 EVM compatible Blockchain network, today announced the upcoming launch of XDC Web3Preneur AcInvest, a premier accelerator and venture creation program for Web3, crypto AI, and blockchain startups in Asia. This program is preparing to set a new standard in supporting projects in their early stages, and pushing them towards growth and readiness for investment.
Since 2017, BlockOn has become a driving force in the Asian blockchain space, empowering countless startups through its various initiatives, including accelerator programs, strategic investments, educational events, and community building. BlockOn’s commitment to fostering a thriving Web3 ecosystem is evident in its successful track record and impactful projects such as Blockchain Week Malaysia, Blockchain Month India, GLOBLA, Thai Blockchain Week, I Love RWA, IOV2055, Web3Preneur, Women, Web3Preneur, and Blockchain Meets. Industry 4.0 conference, which witnessed the participation of former Prime Minister Tun Dr Mahathir Mohamad. BlockOn also played a key role in establishing the Malaysian Blockchain Center at Blockchain Village in Medini, further solidifying its commitment to fostering the thriving blockchain ecosystem in Asia.
Unlike traditional accelerator programs that focus primarily on mentorship and networking,… XDC Web3Preneur AccInvest The program offers a unique benefit: up to $150,000 in milestone-based funding opportunities. This significant financial support, coupled with dedicated acceleration, sets it apart as a truly exceptional program for ambitious Web3 startups.
“We are excited to partner with XDC Network to introduce XDC Web3Preneur AccInvest,” said Jagdish Pandya, Founder, BlockOn. “This program embodies our shared vision of empowering Web3 startups in Asia to reach their full potential and drive the next wave of blockchain innovation. This initiative will be led by Ritesh Kant, who will leverage his extensive experience to guide and mentor the participating startups. We are also pleased to already have two success stories, Peerhive And Fandora as a testament to the collaboration and thriving relationship between XDC and BlockOn.
Aneri Merchant, Investment Director at XVC Tech “He added”This collaboration underscores our commitment to strengthening the vibrant Web3 ecosystem. By supporting early-stage startups, we invest in the future of blockchain technology and its transformative impact across industries.“
XDC Web3Preneur AccInvest is designed to provide startups with the resources they need to succeed. This includes dedicated acceleration, significant investments from both BlockOn and Xinfin, regulatory support, XDC network integration, end-to-end mentoring, token launch support, global network access, and hands-on project building with access to Entrepreneurs in Residence (EIRs). We actively identify promising early-stage startups through our Web3preneur event series, a powerful lead generation platform. Aside from financing,
XDC Web3Preneur AccInvest provides comprehensive support across six key areas: growth, partnerships, revenue generation, development, fundraising, and grants. The program will also facilitate demo days with an exclusive opportunity to pitch your ideas to Web3 VCs for funding.
XDC Web3Preneur AccInvest will be open to startups that meet specific eligibility criteria, including having an MVP and an incorporated entity. More details about the program and application process will be posted soon.
About Block On
Blockon Ventures, the oldest Blockchain accelerator in Asia since 2019 backed by Khazanah and operates the Blockchain Center in Iskandar Johor Bahru, Malaysia. BlockOn has also been a leader in the blockchain and cryptocurrency events space since 2017 with a proven track record of organizing successful events such as Blockchain Month in India, Blockchain Week in Malaysia and Blockchain Week in Thailand. As a leading force in Asia’s dynamic Web3 scene, Blockon Ventures has organized over 150 events in over 10 countries, bringing together a community of over 70,000 attendees, over 2,500 influential speakers, and supported by over 700 supporting sponsors and more. From 150 leading media outlets. Including Forbes, Entrepreneur, CNN, and Bloomberg.
About Web3Preneur
Web3preneur, BlockOn’s initiative, is redefining networking within the Web3 space. Originating as a series of premium side events alongside major conferences like Token2049 Singapore, ETH Dubai, and more, Web3preneur is known for its unique “no stage, no speakers, no frills” format. This approach encourages meaningful conversations and authentic connections between a curated group of industry leaders, investors and entrepreneurs. Through our curated series of events, we bring together the brightest minds and most innovative projects in the decentralized world
About XDC Network:
The XDC Network is an open source, carbon neutral, EVM-compliant, Layer 1 blockchain network that has been operationally successful since 2019. The network achieves consensus through specially delegated proof-of-stake (XDPoS) technology that allows for 2-second transaction times, Near-zero gas expenses ($0.0001), over 2,000 TPS, and interoperability with ISO 20022 financial messaging standards. The XDC Network powers a wide range of new blockchain use cases, including global trade finance, payments, Decentralized Physical Infrastructure Network (DePIN) and Real World Asset (RWA) tokenization, and is secure, scalable and highly efficient.
You can find more information about the XDC Network by visiting the website XinFin.org, XDC.org And follow XDC Network on our social media: twitter | cable | LinkedIn | Reddit | Facebook | Forum
About XVC Tech:
XVC Tech is an investment firm with a $125 million fund backed by the founders of the XDC Blockchain network specializing in investing in early-stage Web3 startups, and headquartered in the DIFC, Dubai. XVC Tech has a global investment mandate to invest across native Web3 projects as well as Web2 to Web3 conversion projects.
Find more information users can visit XVC Tech’s Website xvc.tech and follow them on social media: twitter | LinkedIn
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