The mastermind behind the accelerator programme Base Camp, Outlier Ventures, the Web3 accelerator, has introduced that Bando, Berry Investing, Truth Finance, Loula and IDENTI will probably be participating in its Latin America (LatAm) version.
The LatAm Base Camp is an inaugural accelerator programme devoted to partnering with Web3 startups in Latin America. It goals to construct progressive options that handle present challenges, all of the whereas serving to to drive sustainable progress and improvement within the area.
The cohort will get assist throughout advertising and marketing advisory, token design, engineering, funding, fundraising and extra. They can even obtain steerage from the programme’s enterprise companion, Morgan Creek Digital.
Jon Valero, LatAm Base Camp accelerator lead, Outlier Ventures stated: “We’re thrilled to launch our first LatAm Base Camp centered on rising the Web3 ecosystem within the area. This presents a major alternative to assist the founders who will not be solely driving innovation, but in addition addressing the distinctive challenges and alternatives of the area.
“It’s with nice pleasure that we welcome 5 excellent groups to this system, the place they’ll profit from the experience of Outlier Ventures, our companion Morgan Creek Digital, and the steerage of the mentors supporting this system. We stay up for seeing the progress and the impression these groups will make.”
Xavier Segura, basic companion, Morgan Creek Digital added: “As Latin America’s Web3 startup ecosystem continues to evolve and mature, we’re trying ahead to supporting the founders which have joined the programme.”
The chosen groups have been chosen from functions throughout the area. The groups are creating functions, merchandise, and protocols that target shopper fintech options, OpenFI, monetary inclusion, and DeFi.
Meet the cohort
Bando, Mexico
Bando is a funds protocol designed to allow spending for on-chain customers. By integrating immediately with self-custodial wallets and dApps, Bando permits crypto-native customers to pay retailers like Amazon and Uber globally.
Berry Investing, Argentina
By leveraging blockchain expertise, stablecoins and tokenised real-world belongings (RWAs), Berry goals to enhance accessibility, inclusivity, and innovation within the retail investing world. Berry permits anybody, no matter the place they’re, to spend money on Apple, Tesla, or any of the most important firms that folks use every single day.
Truth Finance, Brazil
Truth Finance bridges real-world information to the blockchain. It aids firms in transitioning to the web3 world and empowering protocols by leveraging partnerships with respected information suppliers.
Loula, Argentina
Loula combines conventional banking with stablecoin infrastructure. It provides LatAm small to medium companies (SMBs) quick, low-cost worldwide funds, USD accounts, and commerce finance. Its hybrid method seeks to scale back charges, velocity up transactions, and simplify cross-border buying and selling. Consequently, it will present a scalable and environment friendly answer for underserved companies within the area.
IDENTI, Peru
IDENTI provides a decentralised digital identification answer tailor-made for rural economies. This permits farmers to handle and share information through voice biometric authentication by telephone calls. No web or good units are wanted.
By lowering the excessive prices of conventional information assortment, IDENTI permits companies to buy verified farmer information. All of the whereas, it’s empowering farmers to keep up management over their data. Its open-source, scalable method goals to bridge the digital divide and improve service supply in rural areas.