Zurich, Switzerland, Tuesday, April 16, 2024 – The Dfinity Foundation, a Swiss non-profit organization focused on blockchain technology, announced the launch of the Olympus Acceleration Platform on April 9, 2024. Described as the first decentralized Web3 accelerator built on-chain, Olympus aims to revolutionize how Web3 projects are launched and supported.1
Traditional accelerator programs are often permissioned and operate in silos, limiting accessibility and transparency. Olympus, built on the Internet Computer Protocol (ICP), seeks to address these issues by offering an open and trustless platform.
The Olympus Acceleration Platform presents several notable features. First and foremost is its Open Stake Model, which encourages interaction among projects, mentors, and investors, fostering inclusivity and a permissionless ecosystem.
The platform utilizes the ICP infrastructure for On-Chain Verification, ensuring transparency and trust by verifying key project growth metrics directly on the blockchain.
Olympus also leverages the decentralized nature of blockchain technology to achieve Global Reach, providing a platform accessible to teams worldwide.
Dfinity partnered with a number of prominent investors and blockchain organizations to support the launch of Olympus. This includes Web3Labs, a Hong Kong-based blockchain incubator and investment firm, and venture capital funds like Fenbushi Capital and Softbank Vision Fund.
“By creating a web3-based global platform for everyone, we’re able to bring together top talent, projects, investors, and mentors to create a credible and trustless marketplace offering equal opportunity and access to all qualified projects,” said Dominic Williams, founder and chief scientist of the Dfinity Foundation.
The launch of Olympus marks a significant step towards a more open and accessible Web3 ecosystem, empowering entrepreneurs and fostering innovation within the decentralized space.
- prnewswire.com: https://www.prnewswire.com/news-releases/dfinity-foundation-launches-olympus-a-decentralized-global-acceleration-platform-on-the-internet-computer-302111585.html[↩]
