CandleFocus COTI and Poolz Launch MomentumX to Propel Privacy-Focused Web3 Startups
2024-11-22
Author: Content Editor
Blockchain-powered digital payments network COTI and decentralized fundraising platform Poolz have partnered to launch the MomentumX Accelerator. The program aims to support startups working in privacy and Decentralized Confidential Computing (DeCC). COTI's advanced cryptographic technology, built on Soda Labs' Garbled Circuits, will be a core element of the initiative, allowing startups to build robust, privacy-centric blockchain solutions. COTI has committed up to $1 million annually for the program, offering grants, mentorship, and access to investors and marketers. Poolz will provide a launchpad for Initial DEX Offerings (IDOs) and contribute its expertise in fundraising. The partnership aims to foster innovation in blockchain security and confidentiality and meet the demand for privacy-focused solutions in the Web3 ecosystem. Applications for the MomentumX Accelerator are now open.
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