Web3 incubator and VC firm OnePiece Labs and layer-1 blockchain Sei will showcase startups from their incubator program in a virtual Demo Day this November.
The event, to be held on November 6 at 5:30pm PT, will present 11 firms selected for the 10-week incubator program, which aims to fast-track promising projects in the GameFi, SocialFi and AI+Web3 realms.
Selected from over 200 entrants, the startups chosen for the program include decentralized derivatives exchange Vdex, DeFi platform Kawa Protocol and GameFi project EPAL. Joining them on the program are Yaka Finance, Nitro, Corner Market, Analogia AI, Crown Finance, Network3, Indicator Lab and Astromint. All participants in the program have deployed on the Sei blockchain, a layer-1 chain designed to focus on trading apps.
Mentors on the incubator program were drawn from organizations including Sei, Galxe, Animoca Brands, Fenwick, OKX, Coinbase, and Decrypt parent company Decrypt Media, offering tailored guidance targeted towards the startups' unique business challenges.
The incubator program follows on the heels of an AI+Web3 pitch competition in June 2023 and a 3-day hybrid hackathon for GameFi, SocialFi and AI+Web3 projects that saw 150 teams competing for a $200,000 prize pool.
Kicking off at 5:30pm PT, the Demo Day will include product demos from the 11 participants in the incubator program, as well as insights from the founders of Sei and key team members at OnePiece Labs.
Founded with the aim of fostering Web3 innovation, OnePiece Labs has invested in 12 early-stage startups over the past 18 months, as well as hosting over 150 community events and workshops, and three hackathons alongside Algorand, OKX and Google Cloud.
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Source: Decrypt.co
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