MoonPay Launches Labs: A Game-Changer for Web3 Startups

Hang onto your hats, crypto fans! MoonPay just dropped a bombshell: they're launching MoonPay Labs, and it's set to shake up the Web3 scene. This accelerator isn't just another program; it's a powerhouse designed to rocket pre-seed and seed-stage tech teams into the stratosphere with cash, product support, and killer growth strategies.

MoonPay Labs isn't messing around. They're running an evergreen model, picking up to five startups each year that scream potential. These lucky teams will get personalized, non-stop support. And what are they hunting for? Tech wizards building the future in high-octane areas like stablecoin infrastructure, agentic frameworks, DeFi, SocialFi, and Web3 commerce. Buckle up, folks, because MoonPay Labs is ready to take these sectors to the moon!

“MoonPay’s sweet spot in the ecosystem lets us spot and supercharge the most promising projects out there,” declared Abhay M, the VP of Corporate Development and Investments at MoonPay. “MoonPay Labs is all about giving these trailblazers the founder-centric, custom support they need to outpace the competition and build something epic.”

MoonGate selected as the first MoonPay Labs participant

Get this: startups in MoonPay Labs aren't just getting a pat on the back. They’re diving into a go-to-market framework that’s packed with UX optimization workshops, token launch and listing advice, access to MoonPay’s elite developer tools and product sandbox, and direct feedback from the company’s developer network. It's like a startup boot camp on steroids!

And guess who’s the first to jump into the MoonPay Labs frenzy? MoonGate! These guys are all about making memecoins as easy to buy as your morning coffee, letting users swipe their credit and debit cards to get in on the action. MoonGate is on a mission to bring memecoins to the masses, and they’re starting right here.

But wait, there's more! MoonPay Labs isn’t just handing out startup cash; they're ready to back their teams with follow-up funding as they scale up. That means founders can keep more of their company before hitting that big Series A round.

MoonPay Labs is nestled right in MoonPay’s Corporate Development group, rubbing shoulders with MoonPay Ventures. And let me tell you, Ventures isn’t playing around either—they’ve already poured money into over 30 Web3 companies since kicking off in 2023. The future's bright, and MoonPay is lighting the way!