Foundership and XDC Network Unveil Token Launch Program to Boost Web3 Startups

UTC by Temitope Olatunji · 3 min read
Foundership and XDC Network Unveil Token Launch Program to Boost Web3 Startups
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The token launch program is a comprehensive initiative designed to guide early-stage Web3 startups through the crucial steps of launching their tokens.

Foundership, a global venture capital firm specializing in supporting startups engaged in Web3 technologies, has announced a partnership with XDC Network. With a community boasting over 10,000 founders, builders, and believers, this collaboration aims to accelerate the development of early-stage Web3 startups through the introduction of the XDC 0xCamp Token Launch Program.

The XDC Network is an enterprise-ready blockchain protocol specializing in tokenization for real-world assets and decentralized finance. By joining forces with this cutting-edge blockchain platform, Foundership Global Accelerator seeks to provide essential resources, mentorship, and investment opportunities to promising Web3 entrepreneurs.

The XDC 0xCamp Token Launch Program

The token launch program is a comprehensive initiative designed to guide early-stage Web3 startups through the crucial steps of launching their tokens. With a specific goal of achieving launch readiness within three months, the program offers a holistic approach, providing participants with access to a wide range of resources and expertise.

Participants will have the opportunity to collaborate with industry experts, including tokenomics specialists, market makers, narrative-building advisors, influencers, and marketing partners. By leveraging this extensive network, startups can refine their toke distribution models, craft compelling narratives, and establish strategic partnerships to amplify their reach and impact.

The training will enable startups to access a curated network of professionals and resources, including tokenomics experts to optimize their token economics, market makers to facilitate liquidity, influencers (known as KOLs or Key Opinion Leaders) to amplify their message, and marketing partners to execute targeted campaigns. This comprehensive support system aims to equip participants with the tools and knowledge necessary to navigate the complexities of token launches successfully.

The XDC 0xCamp Token Launch Program was announced recently and is set to commence in June. Over the course of twelve weeks, participating startups will have the opportunity to secure investments of up to $100,000, providing them with the necessary resources to bring their visions to life.

Foundership Global Accelerator emphasizes that the program is an execution-driven initiative designed specifically for promising Web3 startups with innovative ideas and a vision to launch a token in the near future.

The Training Roadmap

The Web3 community has also revealed details about the training period, which will be divided into four sprints. The first sprint, spanning weeks 1 to 3, will involve an audit of preparedness, initiating the token entity setup, and building the narrative for the launch.

The second sprint, from weeks 3 to 6, will focus on setting up the token entity, assigning a coach, finalizing the narrative by week 4, solidifying the tokenomics, and preparing the pitch deck. During the third sprint, from weeks 6 to 8, participants will build and close partnerships.

Finally, the fourth sprint, spanning weeks 9 to 12, will be dedicated to token preparation and the official launch, preceded by fundraising efforts from investors and ecosystem partners.

Those interested in participating in the program can visit the XDC 0xCamp – Token Launch Program, as applications are still open.

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