Gros Islet, St. Lucia, November 12th, 2024, Chainwire
- Outlier Ventures collaborates with strategic leading industry partner, Singularity Finance to support the selected cohort for the Real World Assets (RWA) Base Camp accelerator program.
- The RWA Base Camp in collaboration with Singularity Finance will support startups who are building the required infrastructure, applications and products that will fuel the mainstream adoption of tokenized real world assets (RWA) across industries.
- The 12-week virtual accelerator program will include workshops with subject matter experts from Outlier Ventures and Singularity Finance as well as mentorship from industry experts.
Outlier Ventures has partnered with Singularity Finance to launch the RWA Base Camp Accelerator, a specialized program for startups in the real-world assets (RWA) sector. Throughout the 12-week Base Camp accelerator program, the cohort will receive $100,000 and get firsthand support from Outlier Ventures’ team of experts across essential areas such as legal frameworks, token design, community-building strategies, tokenomics and fundraising, pitch deck refinement, along with workshops and mentorship from Singularity Finance. The programme also incorporates mentor feedback synthesis, goal-setting to help founders achieve and tailored mentor matching.
The partnership follows on from Outlier Ventures’ recent announcement of strategic industry alliances with SingularityDAO AI x Crypto Base Camp accelerator program, aimed at supporting startups with the resources and expertise needed to navigate and drive growth in the evolving AI x Crypto landscape. Earlier in October, SingularityDAO announced its plan to merge with Cogito Finance and SelfKey, consolidating the tokens from all three projects under Singularity Finance (SFI). This merger marks a key step towards creating a unified, tokenizing assets and AI-focused Layer-2 ecosystem within the broader blockchain landscape. This merger aligns with Outlier Ventures’ partnership strategy, bringing together leading industry expertise and resources to accelerate innovation in blockchain and real-world assets through the RWA Base Camp.
Tokenizing RWAs is not just a means to bridging the gap between the crypto market and the traditional financial market, it reaches beyond that. The recently published thesis on Tokenizing RWAs dives deeper into this. The tokenization of real-world assets (RWAs) is poised to have a transformative impact across industries as blockchain technology permeates society in the coming decade.
Outlier Ventures’ Chief Growth Officer, Benjamin Meyer said, “We are thrilled to expand our strategic partnership with Singularity Finance, to help support Outlier Ventures’ RWA Base Camp cohort. Through our combined expertise and network, together we will be focused on supporting the founders with the resources and expertise needed to successfully scale and contribute to the real-world assets ecosystem.”
Cloris Chen, CEO of Singularity Finance shared, “Our partnership with Outlier Ventures is an important step for us to grow the SFI ecosystem. With their years of experience in the Web3 space, incubating top-notch companies, we can make our L2 the go-to place for high-quality projects”
Applications for the Base Camp accelerator program have now closed. The 12-week program will run through to January 2025, concluding with a virtual Demo day. For more information go here.
About Outlier Ventures
Founded in 2014, Outlier Ventures is the world’s leading Web3 accelerator, with a renowned reputation as the go-to authority for Web3 founders, investors and partners across its Base Camp accelerator program and Ascent token launch program. With a portfolio of over 320 global investments, Outlier Ventures has helped raise over $350m in seed funding. Outlier Ventures’ portfolio includes leading Web3 companies including Biconomy, Boson Protocol, Brave, Cheqd, Cudos, DIA Data, Fetch.ai, IOTA, Ocean Protocol, Root Network and XAI.
Learn more: https://outlierventures.io/
About Singularity Finance
Singularity Finance is the first AI-centric EVM-compatible L2 blockchain bringing the AI economy on-chain. It offers a fully compliant RWA tokenisation framework to tokenise and monetise the AI value chain in its entirety.
Stemming from the SingularityNET ecosystem and closely tied to the Artificial Superintelligence Alliance, Singularity Finance is poised to become the financial chain for everything AI.
Learn more: www.singularityfinance.ai
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