LBank Labs, an independent venture 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 foster 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 attracted more than 70 teams from these institutions, out of which 16 were selected to proceed to the next phase taking place 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 will be recognized with trophies for their participation, with three larger awards designated for the most innovative, feasible, and improved teams. The Bootcamp will run 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 over 9M, LBank Labs values the network effect and enjoys building relationships within the industry. The firm directly invests in funds and liquid token projects, with a focus on Seed Stage deals through its $100M AUM fund. Furthermore, through its Fund of Funds network, LBank Labs maintains connections to 12 Funds with $1B AUM.
The Bootcamp aims to provide the 16 finalist teams with a chance to network, present to investors from top Web3 funds, and learn from crypto industry veterans. Topics will range from building a compelling investor deck, navigating the process of getting listed on exchanges, mastering tokenomics design, understanding venture capital processes, and effective product marketing.
Teams will not only benefit from sponsored travel and mentorship but will also receive grants from LBank Labs and introductions to their VC network which includes 10+ Global Crypto Funds. Furthermore, the teams will get an opportunity to receive other industry connections.
The final 16 teams selected from around the globe include Lila Finance, AminoChain, Zcaptcha, Crossify, Headquarters, Hinkal, VPN3, 0xblu, Mexiverse, Crecy, Kryptik, Cashstream, XLetter, WalletZK, Nodekit, and Aegis Protocol.
LBank Labs is excited about fostering these innovative projects, identifying the most promising opportunities in Web3, and continuing to build the network together.
For further information, visit LBank Labs’ website or reach out to the press contact listed below.
About LBank Labs
LBank Labs is a prominent player in the web3 space, managing a versatile $100 Million fund that extends beyond specific protocols and exchanges.
The firm’s team comprises 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.
