BitcoinFi Accelerator Program Launched To Foster Innovation

According to PANews, BoostVC, Draper Associates, and Thesis have introduced the BitcoinFi Accelerator Program aimed at driving the next wave of innovation in the Bitcoin ecosystem. The initiative invites applications across three core areas: infrastructure, DeFi, and SocialFi. Participants will receive an initial funding of $150,000 in exchange for 5% equity and will have the opportunity to secure further investments from a network of investors. The application process for the accelerator is currently open, with a deadline set for October 23. Following the application period, there will be two selection phases, culminating in the announcement of the final winners on November 1. The first batch of courses is scheduled to commence on November 4 and will run until December 13.