{"id":230324,"date":"2022-04-07T05:00:15","date_gmt":"2022-04-07T04:00:15","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=230324"},"modified":"2022-04-07T15:06:23","modified_gmt":"2022-04-07T14:06:23","slug":"terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding\/","title":{"rendered":"Terra teams up with LongHashX to offer Web3 startups up to $500,000 in funding"},"content":{"rendered":"<p>Terraform Labs, the company behind the Terra (LUNA) blockchain, has partnered with Web3-focused venture fund LongHash Ventures to \u201copen up the LongHashX Accelerator to founders and startups building in the Terra ecosystem,\u201d per a press release shared with <i>CryptoSlate<\/i> today.<\/p>\n<p>As a result of this partnership, LongHash Ventures will open its network of investors and founders to Terra-native startups and will provide up to $500,000 in funding to each project approved to join the program. Terraform Labs co-founder and CEO <a href=\"https:\/\/cryptoslate.com\/people\/do-kwon\/\">Do Kwon<\/a> added:<\/p>\n<blockquote><p>\u201cThe LongHashX Accelerator has a consummate track-record as one of the most successful programs for accelerating Web3 startups. The new Terra cohort unlocks a streamlined pathway for builders to pursue bold ideas replete with first-class resources, workshops, and guidance \u2013 further accelerating a wave of innovation in the Terra ecosystem.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We&#39;re proud to announce that LongHashX Accelerator will be partnering with <a href=\"https:\/\/twitter.com\/terra_money?ref_src=twsrc%5Etfw\">@terra_money<\/a> to launch the LongHashX Accelerator Terra Cohort!<\/p>\n<p>Applications are now OPEN! \ud83d\ude80\ud83c\udf1d<\/p>\n<p>If you&#39;re a start-up building on Terra, the LongHashX Accelerator will be perfect for you. <\/p>\n<p>Here&#39;s why \ud83e\uddf5\ud83d\udc47 <a href=\"https:\/\/t.co\/TFqGHHv9Rh\">pic.twitter.com\/TFqGHHv9Rh<\/a><\/p>\n<p>&mdash; LongHash Ventures (@LongHashVC) <a href=\"https:\/\/twitter.com\/LongHashVC\/status\/1510950386168786952?ref_src=twsrc%5Etfw\">April 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Building Web3 on Terra<\/h2>\n<p>According to the announcement, 10 projects will join the so-called LongHashX Accelerator Terra cohort. In June, they will take part in a 12-week guidance program focused on six areas such as product strategy and design, tokenomics, governance, tech mentorship, community building, and fundraising.<\/p>\n<p>Additionally, LongHashX will organize \u201cweekly workshops and fireside chats with industry leaders\u201d and \u201cweekly one-on-one problem solving sessions with venture builders and weekly mentor office hours.\u201d According to Emma Cui, a founding partner of LongHash Ventures, the fund plans to \u201csignificantly scale up our LongHashX Accelerator program\u201d in 2022:<\/p>\n<blockquote><p>\u201cWe are thrilled to partner with Terra to run our next cohort. We have been very impressed by the protocols and development of the Terra ecosystem, and we are very excited to continue to expand our accelerator partnership model with one of the world\u2019s leading Web3 ecosystems.\u201d<\/p><\/blockquote>\n<p>Ultimately, the program will conclude with a \u201cDemo Day\u201d where the selected startups will be able to pitch their products to investors.<\/p>\n<p>As <i>CryptoSlate<\/i> reported, Terra added an additional <a href=\"https:\/\/cryptoslate.com\/terra-buys-125-million-of-bitcoin-for-its-reserve\/\">$125 million worth of Bitcoin<\/a> to its reserve on March 22. Meanwhile, the network\u2019s native token LUNA is currently the <a href=\"https:\/\/www.coingecko.com\/en\/coins\/terra-luna\">sixth-largest cryptocurrency<\/a> by its market capitalization while the blockchain itself is the <a href=\"https:\/\/defillama.com\/chains\">second-biggest<\/a> after Ethereum in terms of the total value locked on it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Terraform Labs, the company behind the Terra (LUNA) blockchain, has partnered with Web3-focused venture fund LongHash Ventures to \u201copen up the LongHashX Accelerator to founders and startups building in the Terra ecosystem,\u201d per a press release shared with CryptoSlate today. As a result of this partnership, LongHash Ventures will open its network of investors and [&hellip;]<\/p>\n","protected":false},"author":472,"featured_media":230348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35372,5789,77252],"tags":[76938],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terra teams up with LongHashX to offer Web3 startups up to $500,000 in funding<\/title>\n<meta name=\"description\" content=\"Terraform Labs and LongHash Ventures have joined forces to \u201caccelerate and invest in the next generation of Web3 protocols on the Terra blockchain.\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terra teams up with LongHashX to offer Web3 startups up to $500,000 in funding\" \/>\n<meta property=\"og:description\" content=\"Terraform Labs and LongHash Ventures have joined forces to \u201caccelerate and invest in the next generation of Web3 protocols on the Terra blockchain.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-07T04:00:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-07T14:06:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/04\/terra-longhashx-web3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Liam Frost\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Liam Frost\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/terra-teams-up-with-longhashx-to-offer-web3-startups-up-to-500000-in-funding\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/#person\",\"name\":\"Liam Frost\",\"url\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/liam-frost\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2021\/03\/author-liam-frost-300x300.jpg\",\"caption\":\"Liam Frost\"},\"jobTitle\":\"Reporter\",\"description\":\"Liam Frost is a freelance journalist and editor with over 15 years of experience working for various media outlets across the world. 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