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Retailer Nº8, Walmart Inc’s incubation arm, and Outlier Ventures, introduced in the present day the launch of the Retailer Nº8 eCommerce Base Camp accelerator program.
The digital web3 accelerator program will choose a cohort of startups which might be constructing modern web3 options that improve the worldwide retail and commerce panorama. The chosen groups will give attention to varied key areas, akin to decentralized infrastructure, data-driven development options, immersive experiences and the metaverse, and the convergence of AI and blockchain know-how.
Starting in mid-August, the absolutely distant 12-week accelerator program gives members with mentorship, training and seed funding of as much as $100,000. Chosen founders may even achieve entry to subject-matter experience and mentorship throughout Outlier Ventures and Retailer Nº8’s workforce and community.
The chosen groups will profit from the steerage of famend mentors in varied fields, together with product roadmap improvement and refinement, group constructing, token economics and launches, fundraising and pitching, governance, and extra.
“We predict dCommerce represents an enormous alternative to unbundle ecommerce into its constituent components, and right into a extra decentralized and composable stack of protocols to create a extra environment friendly, equitable and improved expertise for retailers and customers from CRM to last-mile supply. There’s clearly no higher associate than Retailer Nº8, as Walmart’s incubation arm, so we’re thrilled to launch this accelerator program collectively,” Jamie Burke, CEO and Founding father of Outlier Ventures, stated in a press release.
Commenting on the partnership, Thomas Kang, Vice President of Retailer Nº8, stated that decentralized commerce has the potential to unlock new worth within the international commerce ecosystem.
startups can apply to the Retailer Nº8 eCommerce Base Camp accelerator program from in the present day till July 31.
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