Alliance DAO unveils cohort of startups for 3-month accelerator
Alliance DAO has announced its latest cohort of 20 startups, known as ALL14, after receiving over 1,700 applications. The accelerator program lasts three months, starting with two weeks of in-person sessions followed by remote activities. Notably, 35% of the admitted teams are focusing on AI applications, while 30% are innovating with stablecoins. The accelerator offers participants networking, mentorship, and resources in exchange for equity. Alliance DAO, previously known as DeFi Alliance, requires a $450,000 investment from teams under favorable terms, with median funding for startups reaching $3.5 million post-program. Popular chains among applicants included Solana and Ethereum, with an emphasis on AI and stablecoin trends. Some names from the cohort include Slop Club, Afterschool, and Fido, showcasing a variety of innovative ideas across different sectors of the crypto and AI landscape.
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