In Brief
Walmart’s incubator, Store No8, has teamed up with Outlier Ventures to introduce a digital-focused accelerator geared towards Web3 innovations. web3 accelerator program .
The Store N°8 dCommerce Base Camp accelerator is designed to support startups aiming to revolutionize the retail space through Web3 technologies.
Over the course of 12 weeks, the accelerator program offers participants access to mentorship, educational resources, and seed funding opportunities.
Today, Store N°8, Walmart’s incubation division, and Outlier Ventures announced their collaboration to launch the Store N°8 eCommerce Base Camp accelerator program.
This virtual accelerator aims to bring together a cohort of startups dedicated to developing groundbreaking Web3 solutions that can reshape the global retail and commerce landscapes. The focus areas for these selected teams will include decentralized architecture, data-driven growth strategies, immersive experiences, the metaverse, and the intersection of AI and blockchain.
Kicking off in mid-August, this fully remote 12-week accelerator will provide selected participants with mentoring, educational resources, and seed funding of up to $100,000. Founders chosen for the program will also enjoy insights and mentorship from experts within both Outlier Ventures and the Store N°8 network.
The teams selected for this initiative will benefit from the expertise of distinguished mentors across various domains, including the development of product roadmaps, strategies for community engagement, tokenomics, fundraising techniques, and governance matters.
According to Jamie Burke, CEO and Founder of Outlier Ventures, \”We believe that decentralized commerce presents a tremendous opportunity to deconstruct eCommerce into its foundational elements, fostering a more decentralized and adaptable structure of protocols. This will ultimately create a more efficient and equitable experience for both retailers and consumers, from Customer Relationship Management (CRM) to last-mile fulfillment. We’re excited to have chosen Store N°8 as our partner in bringing this accelerator program to life.\”
Thomas Kang, the Vice President of Store N°8, highlighted the potential of decentralized commerce to uncover new value within the global trade ecosystem as part of this strategic collaboration.
Interested startups can apply Interested parties can apply to the Store N°8 eCommerce Base Camp accelerator program from today until July 31.
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