Pluto Digital, a Crypto technology company Focused on developing, advising, and investing in digital assets, the company today announced the launch of Pluto Booster, a $ 1 million accelerator program to incubate projects in the crypto ecosystem.
Pluto Booster is officially open to applicants today and will support early-stage crypto projects that solve real problems in innovative new ways. With the support of Pluto, 10 projects are being funded in the first round of the program that demonstrate groundbreaking concepts to support the decentralized technology infrastructure.
All applications are encouraged and no project area is prohibited, regardless of whether they specifically focus on DeFi, NFTs, token issuance, exchanges, data processing and market analysis or the broader interfaces between these segments.
The first 10 successful applicants will receive a $ 25,000 grant for their project. The candidates are then given 30 days to present a formulated idea and MVP. From this first tranche, Pluto will select the strongest projects for which an additional $ 100,000 can be applied for.
The 10 selected will have access to mentoring from leading entrepreneurs, venture capitalists and FinTech industry experts. You will also receive introductions and guidance from key decision-makers at Pluto, as well as support from the Pluto community and global crypto networks.
“We believe that by supporting idea development at an early stage, we can grow the crypto ecosystem, identify valuable technologies early on and bring them to market with the help of our partners,” said Barry Downes of Pluto Digital. “Successful applicants not only get unprecedented access to our network and knowledge base, they also get valuable insights from some of the brightest minds in the start-up and crypto world.