Blockchain incubator Launchpool Labs announces ‘Cohort1’ with 5 crypto startups

Blockchain incubator Launchpool Labs announces ‘Cohort1’ with 5 crypto startups

Launchpool Labs, the first community-centric blockchain incubator that empowers all stakeholders in the crypto ecosystem to “be their own VC,” is announcing its first cohort of incubees, as per a release shared with CryptoSlate.

🔥Deposits are now OPEN🔥‼️Labs Pre-Seed Allocation Mining Event: @NOWwhereart #NFT Marketplace‼️ 🚀🚀🚀About NOWwhere:https://t.co/Easp0VasXp— Launchpool ($LPOOL) (@LaunchPoolXYZ) August 16, 2021

The chain-agnostic incubator for teams, builders, universities, dev hubs, and communities exists to help prepare founders for private fundraising and launch. Cohort1 includes five companies: NOWwhere, BrickTrade, MegaFans, Unicred, and Nifty Football, spanning NFTs, esports, real estate, and Decentralized Finance (DeFi) respectively.

“We are very excited to release our first cohort to the public. During the next three months, we will work closely with five hand-picked teams,” said Roxana Nasoi, Managing Director at Launchpool Labs.

She added, “the Launchpool community is eager to be part of their journey, [and] we have amazing partners, advisors, and mentors ready to join and support each team with valuable technical, legal, operational, security, and marketing expertise.”

Launchpool Labs is aiming to incubate three to six projects each quarter, with four cohorts in the first year, starting with Cohort1.

The Launchpool Labs incubator is part of the broader Launchpool Ecosystem, along with Launchpool’s pre-IDO guaranteed allocation platform and Launchpool Web3 Techstars Accelerator program with Alphabit Fund.

“This incubator meant a lot of work in the background, and we couldn’t have done it without the support of the entire Launchpool team and the agencies we work with,” explained Nasoi.

About the 5 Launchpool cohorts

NOWwhere is an intelligent NFT marketplace utilizing a “Netflix-style” recommendation engine that indexes, scores, and ranks assets, connecting collectors with creators and vice versa.

NOWwhere is incredibly excited to be a part of Launchpool Labs incubator's first-ever cohort!👏https://t.co/2GqmipLmd8— NOWwhere (@NOWwhereart) August 16, 2021

BrickTrade is a global marketplace connecting property developers to investors. The BrickTrade team personally approves each deal, tokenizing assets to create secure asset-backed crypto investments. Their goal is to make trading property investments simpler while reducing the cost of investing.

Megafans is a play-to-earn multiplayer tournament platform that lets mobile games players compete with others around the world for prizes. MegaFans is all about bringing out the inner gamer in all of its users, whether they’re novices, developers, or experts.

Unicred is a multi-blockchain DeFi credit scoring protocol for better risk prediction, which enables unsecured DeFi Lending. Its state-of-the-art credit scoring algorithm looks at all possible risk indicators available on the blockchain to issue a credit score that adapts as users increase their interaction with DeFi.

Nifty Football is a football-based NFT collectible game in which players can buy pseudorandom card packs, which they can collect, trade, and play with friends around the world. Players are minted and assigned traits that make each trading card unique.

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