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XRPL Accelerator Program Launches, Promising to Boost Blockchain Entrepreneurs

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Tue, 25/04/2023 - 6:07
XRPL Accelerator Program Launches, Promising to Boost Blockchain Entrepreneurs
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The XRP Ledger community recently unveiled the XRPL Accelerator program, a 12-week initiative tailored to support blockchain entrepreneurs building on the XRP Ledger (XRPL). 

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Applications are open until May. 1, and the program aims to help businesses in the blockchain sector scale and achieve mass adoption. 

It offers a $50,000 grant, mentorship from industry leaders, and opportunities for startups to refine their product-market fit and network with investors and partners.

Ideal candidates for the XRPL Accelerator will have a minimum viable product (MVP) and a business model strategy already in place. 

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Having a product live on the XRPL is encouraged but not mandatory. To qualify, teams must pass a technical review and showcase strong technology, a compelling use case, and a hypothesis for market validation. 

They should also possess sufficient financial resources to sustain operations over time. The program seeks products with commercial potential that address a well-defined pain point or market need and could benefit from a revenue model and go-to-market strategy.

The XRPL Accelerator is aiming for 8-10 projects per cohort and is designed primarily as a virtual program, with an on-site demo component. 

The demo day for the first cohort is scheduled from Aug. 21 to 25 in New York City.

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