The Dfinity Foundation, a not-for-profit organization based in Switzerland and major contributor to the Internet Computer blockchain, has announced the launch of the Olympus Acceleration Platform, reports Cointelegraph.
According to a press release, Olympus represents the first decentralised, on-chain Web3 accelerator. Dfinity said it’s “a first of its kind platform” that will be used by “teams around the world to organise and launch their own accelerator programs.”
The foundation also cites Olympus’ “Open Stake” model, where projects, mentors and investors can “interact freely, enabling permissionless ecosystem inclusivity and unlimited integrations” as a determining factor separating it from similar accelerator programs.
Dominic Williams, founder and chief scientist of the Dfinity Foundation, described the platform as “a global platform for everyone, in a statement:
“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. Traditional accelerator programs are permissioned and operate as silos, many are also not sustainable and rely on grants. Olympus is a new model.”
