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CoinMarketCap Launching CMC Labs – Web3 Startup Accelerator Program Trending Crypto News

Darya Rudz
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The CMC Labs program will last for one year only. Notably, it is highly selective, with a limited number of participants. Those who want to become a part of CMC Labs have to meet a number of certain criteria.

The world’s leading provider of data on crypto market capitalizations CoinMarketCap has announced the launch of CMC Labs – a special Web3 program dedicated to offering a comprehensive curriculum and access to industry-leading mentors and investors. In essence, CMC Labs has been designed for those who are interested in becoming Web3 entrepreneurs to simplify their entrance into extremely competitive Web3 space and help them overcome multiple challenges of the industry.

The program will last for one year only. Notably, it is highly selective, with a limited number of participants. Those who want to become a part of CMC Labs have to meet a number of certain criteria. To apply, candidates have to provide detailed answers in the CMC Labs Due Diligence Questionnaire. Once enrolled, they will get exclusive access to multiple features of CMC Labs, including the “Learn & Earn” campaign, Airdrop campaigns, CMC Deep Dive content creation, infographic services, CMC Community-Live, and more. For example, the “Learn & Earn” campaign is a way to acquire crypto assets in a fun way, by watching educational videos, completing quizzes, and getting rewarded in the currency the video was about. Or, for instance, CMC Community-Live allows you to host or attend an event to engage with an established follower base on CMC Community.

CoinMarketCap commented:

“Innovation is at the heart of Coinmarketcap. We are on a mission to accelerate the crypto revolution and CMC Labs Web3 is a testament to our commitment to the next generation of entrepreneurs. We believe that by bringing together the most ambitious Web3 founders with the power of CoinMarketCap’s unmatched industry knowledge, we can help build businesses that shape the future of the blockchain landscape.”

The development package is led by CMC Lab partners, such as BNB Chain, Polygon (MATIC), Avalanche (AVAX), and others.  They will provide additional technical guidance, networking connections, and potential investment opportunities.

CoinMarketCap Encompassing AI

Before launching the Web3 accelerator program, CoinMarketCap announced its foray into the world of artificial intelligence (AI). As we have recently reported, the company marked its entrance into AI through the launch of a ChatGPT plugin that promises to “bring together the power of CMC data with the magic of ChatGPT” and redefine crypto analysis for users across the world. The ChatGPT plugin, available exclusively to ChatGPT Plus subscribers using GPT-4, offers answers to questions about crypto market correlations, performance, and trends.

Next, CoinMarketCap partnered with ChainGPT, the innovative AI infrastructure network designed for Web3, to introduce an enticing $50,000 airdrop of $CGPT tokens to crypto enthusiasts.

Currently, CoinMarketCap is working on other AI features. They have not been revealed yet but can expect to see more releases from the company shortly.

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Darya is a crypto enthusiast who strongly believes in the future of blockchain. Being a hospitality professional, she is interested in finding the ways blockchain can change different industries and bring our life to a different level.


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