Ninety Eight launches the Kompass Accelerator startup accelerator program, supporting Asian Web3 bus

Kompass is a startup accelerator program that helps drive innovation in early-stage Web3 businesses focused on Vietnam and Asia.
The program will provide strategic advisors, quality relationships, and early-stage capital to facilitate growth and create a clear difference from the early days for startups in the Web3 space.
Specifically, Kompass applies the following approach:
Unlimited selection rounds: Kompass will continuously receive and review applications to meet the rapid nature of innovation in the field. The program is adjusted to suit the specific goals and needs of each founding team.
Founder-friendly terms: Kompass will invest $125,000 at the initial stage with no valuation cap, an MFN (most favored nation) term with a 5% consulting fee.
Direct, high-impact consulting: Kompass eliminates mandatory training sessions, focusing on practical, goal-oriented advice. Experienced advisors will provide insights from real-life success stories, helping founders just focus on building the product.
“Building a company in the blockchain sector is an endeavor that requires significant resources, in-depth knowledge and tireless dedication,” a Ninety Eight representative shared.
Ninety Eight has always been at the forefront of the movement to build on blockchain. Since 2021, the company has used its expertise to support and nurture more than 10 pioneering teams in this space, from ideation to project scale-up. Some notable names include League of Kingdoms, Ancient8, Aura Network, Navi Protocol...
Building a company in the blockchain space is an endeavor that requires significant resources, in-depth knowledge, and tireless dedication.
"A representative of Ninety Eight shared"
“We are focused on building platforms and infrastructure that help attract millions of users to the Web3 economy. However, our mission extends even further. We believe widespread adoption of blockchain technology depends on a strong and collaborative startup ecosystem,” said a Ninety Eight representative.
All of these factors combine to create the birth of Kompass - expected by Ninety Eight to be a catalyst for a wave of successful startups, helping everyone access Web3.
If you are building a blockchain infrastructure, protocol or application project, you can collaborate with Ninety Eight by registering here. https://docs.google.com/forms/d/e/1FAIpQLSerJvpFYiU0XsVIsrbO4XoVLjBLJmGdAwVPiMNaeZ5X8aoamQ/viewform?pli=1
For more information, visit https://kompass.vc or contact Kompass at build@kompass.vc.