This post was originally published on The FinTech Times
A new accelerator for early-stage Web3 technical founders has been launched by crypto payments platform MoonPay.
Called MoonPay Labs, the new accelerator programme will serve as a launchpad for high-potential teams, providing initial pre-seed capital, product, and UX guidance, and tailored go-to-market (GTM) support leading up to their next funding round.
While traditional accelerator programs offer time-bound support to multiple teams per semester in a cohort-based system, MoonPay Labs follows an evergreen intake model, accepting up to only five high-potential teams a year.
This approach allows MoonPay Labs to provide deeper, ongoing product and marketing advisory beyond the fixed program timelines typically offered by accelerators. By limiting intake to just five teams annually, MoonPay Labs provides dedicated, long-term support to accelerate the journey from seed to Series A.
“MoonPay’s unique position within the ecosystem allows us to identify and accelerate high-value projects across emerging use cases. MoonPay Labs is designed to support these trailblazing builders by providing founder-centric tailored support that offers them a competitive edge in company building,” said Abhay M., VP of corporate development and investments at MoonPay. “MoonPay Labs allows highly technical teams to skip a funding round and minimise dilution ahead of a priced round event.”
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