Crypto Giants Unite to Launch Game-Changing Web3 Accelerator in the UK!

Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory Join Forces

Holy blockchain, Batman! The UK's web3 scene just got a massive jolt of adrenaline as major players like Coinbase, Fabric Ventures, Animoca Brands, and Founders Factory team up to launch a mind-blowing accelerator program. This powerhouse alliance is set to supercharge the UK's blockchain and AI ecosystem like never before!

Get this: lucky web3 startup founders are in for a treat, scoring up to £250,000 in cold, hard cash ($333,470) and a whopping 16 weeks of operational support. Whether you're into decentralized economies or tokenized business models, this program's doors are wide open for all types of innovative ventures across every sector. It's time to apply and let your ideas soar!

Founders Factory, the global accelerator guru, is rolling up its sleeves to provide hands-on support that'll knock your socks off. From business strategy to product development, go-to-market tactics, and fundraising wizardry, these teams will be trained to perfection in all the key areas that matter.

But wait, there's more! Fabric Ventures, Animoca Brands, and Coinbase are bringing their A-game to the table, offering mind-blowing expertise in tokenomics, market making, exchange listings, community-building strategies, and the best practices for scaling up in the wild world of blockchain and AI. It's like a dream team of crypto mentors, ready to guide you to success!

This epic collaboration isn't just about funding and technical support; it's a game-changer designed to fuel the growth of web3 startups and pump rocket fuel into the UK's economy. Buckle up, because the web3 revolution is about to take off!

While the US and Hong Kong are racing ahead with their web3-friendly regulations and government-backed programs, the UK has been playing it a bit too cool for school. But hey, better late than never, right? This accelerator program is the wake-up call the UK needed to finally get in the game!

Business and Trade Secretary Jonathan Reynolds is pumped, calling this move a "vote of confidence" for the UK's tech scene. He's convinced it'll cement the UK's status as a web3 innovation hub. And with the Plan for Change in full swing, the UK is ready to unlock growth and thrive in the financial and professional services sectors.

"We're not just playing catch-up; we're aiming to lead the pack in blockchain tech. This accelerator will be the key to unlocking that growth," Reynolds declared with fire in his eyes.

Keith Grose, the Coinbase UK CEO, is all in on this mission. He knows the UK has the talent, cash, and regulatory support to make the most of the web3 gold rush. But he's not blind to the hurdles that have been holding innovators back.

"It's time for the UK to birth world-class web3 products and services. We've been held back by limited access to capital, mentorship, and resources for too long. This game-changing investment is the key to breaking through those barriers," Grose exclaimed with passion.

Just last month, a coalition of six major UK trade bodies stepped up to the plate, urging the government to put blockchain and digital assets at the top of its priority list. They're calling for a solid action plan to ensure the UK doesn't get left in the dust of the global web3 race.

And here's a bold move: they're proposing the appointment of a blockchain-specific special envoy, just like the US has with their AI and crypto czar, David Sacks. This envoy would be the ultimate web3 champion, coordinating policies, fostering innovation, and waving the UK flag on the global stage for all things AI and crypto. It's time to level up, UK!