Telos Foundation and Symmetric Finance Unveil Community-Driven Web3 Accelerator Telos Spark

The program will award funding to promising projects building on the Telos blockchain

LONDON, Dec. 22, 2023 /PRNewswire/ -- The Telos Foundation and Symmetric Finance today announce the launch of Telos Spark, a new Web3 accelerator designed to give the Telos community the ability to empower and advance entrepreneurs and builders across the network. Telos Spark has a unique and dynamic structure designed to foster innovation, collaboration and growth from within the Telos blockchain's rapidly, ever-evolving decentralized ecosystem.

Telos Spark is not just an accelerator, it's a community-driven incubator built on-chain on Telos. It aims to fuel the development and adoption of decentralized applications (dApps) by providing comprehensive support, resources and mentorship to promising projects from within the Telos community.

1. Funding Opportunities: Selected projects will have access to funding, enabling them to focus on building exceptional decentralized solutions without the financial constraints often associated with startup ventures.
2. Web3 Expertise: Telos Spark brings together a team of seasoned experts and mentors from across Web3 to guide and support participants through every stage of their journey.
3. Community-Led Innovation: Telos Spark is powered by the Telos community. Entrepreneurs, developers and enthusiasts alike can collaborate, ideate and drive the growth of the Telos ecosystem through the program.
4. Decentralized Infrastructure: Leveraging the Telos blockchain's high-performance and scalable infrastructure, Telos Spark provides an ideal environment for projects to thrive.

We are immensely proud to announce the launch of the Telos Spark accelerator, a groundbreaking initiative designed to catalyze the growth of the Telos ecosystem. Our goal is to empower creators and developers, enabling them to bring their visionary ideas to life on Telos. We believe that Telos Spark will be a key driver in expanding our ecosystem and solidifying Telos as a leading force in the space. - Lee Erswell, CEO, Telos

We're energized and excited to welcome our first batch of participants to Telos Spark next month. We are seeking daring entrepreneurs who have big dreams for how their ventures can positively impact the future. Our goal is to accelerate the growth of all Telos Spark participants, and maximize their societal impact. We built Telos Spark to propel the changemakers of tomorrow - the future looks bright! - Uzi Qidwai, Co-Founder, Symmetric Finance

Startups, developers and enthusiasts interested in joining the Telos Spark community or applying for the accelerator program can visit telosspark.xyz for more information.

• Twitter: @telosspark
• Telegram: https://t.me/TelosSpark
• Web: telosspark.xyz

Telos Spark is a community-driven Web3 accelerator built for and on the Telos blockchain. It provides comprehensive support, resources and mentorship to decentralized projects, fostering collaboration and innovation within the Telos ecosystem. Telos Spark aims to propel the development and adoption of decentralized applications (dApps) on the Telos blockchain.

Media Contacts: Nicky Chalabi, Email: nicky.chalabi@telosfoundation.io