LBank Labsan independent venture capital fund with a global footprint, has announced the successful completion of its global Summer Bootcamp selection process.
The initiative aims to nurture innovative blockchain talent and promote industry development by bringing together the brightest minds from prestigious institutions such as Harvard, MIT, Stanford, CMU, Columbia, Singapore Management University and Istanbul Technical University, among others.
The Summer Bootcamp drew more than 70 teams from these institutions, 16 of which were selected to advance to the next stage in Cabo San Lucas.
These finalists will benefit from face-to-face training with representatives from renowned funds, including IOSG, Horizen, Stake Capital, Kyber Ventures, BAI Capital and Polygon Labs, culminating in the selection of three winners.
Finalists are recognized with trophies for their participation, with three larger prizes for the most innovative, viable and improved teams. The Bootcamp runs from August 22-25, with 4-6 hours of daily activities and optional team building events in the evenings.
As a leading venture capital firm backed by an exchange with more than 9 million, LBank Labs values the network effect and enjoys building relationships within the industry. The company invests directly in funds and liquid token projects, with a focus on Seed Stage deals through its $100M AUM fund. In addition, LBank Labs maintains connections through its Fund of Funds network to 12 funds with $1 billion in assets under management.
The Bootcamp is designed to provide the 16 finalist teams with the opportunity to network, present to investors of top Web3 funds, and learn from crypto industry veterans. Topics range from building an attractive investor deck, navigating the process of getting listed on exchanges, mastering tokenomics design, understanding venture capital processes, and effective product marketing.
Teams not only benefit from sponsored travel and mentorship, but also receive scholarships from LBank Labs and introductions to their VC network, which includes more than 10 Global Crypto Funds. In addition, the teams will have the opportunity to receive other connections from the industry.
The final 16 teams selected from around the world are Lila Finance, AminoChain, Zcaptcha, Crossify, Headquarters, Hinkal, VPN3, 0xblu, Mexiverse, Crecy, Kryptik, Cashstream, XLetter, WalletZK, Nodekit and Aegis Protocol.
LBank Labs is excited about driving these innovative projects, identifying the most promising opportunities in Web3 and building the network together.
For more information, visit the LBank Labs website or contact the press contact below.
About LBank Labs
LBank Labs is a prominent player in the web3 space, managing a multifaceted $100 million fund that goes beyond specific protocols and exchanges.
The company’s team consists of experienced web3 veterans from renowned entities such as Binance Labs, Binance NFT, Bitmain, Huobi Listing teams, and Consensys.
With a focus on fund-of-fund investments, direct investments in early stage projects and liquid projects, LBank Labs aims to explore diverse opportunities and drive innovation in the blockchain industry.
Disclaimer: This is a paid post and should not be treated as news/advice.