The public chain project Conflux has launched a $5 million accelerator program "eSpace Launch Pad" for the Web3 project, which will provide early teams with $100,000 in funding to launch their projects on Conflux eSpace. In addition to funding, teams will receive hands-on support in branding, community building, token economics, engineering, and marketing from a dedicated team of project mentors. Foresight News noted that Conflux eSpace is an EVM-compatible smart contract execution environment that allows developers to deploy and execute Ethereum-native dApps and smart contracts within the Conflux ecosystem.