{"id":20956,"date":"2023-05-15T15:10:07","date_gmt":"2023-05-15T15:10:07","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/reef-labs-is-launching-a-10m-accelerator-program-to-empower-web3-projects-in-the-middle-east-press-release-bitcoin-news\/"},"modified":"2023-05-15T15:10:07","modified_gmt":"2023-05-15T15:10:07","slug":"reef-labs-is-launching-a-10m-accelerator-program-to-empower-web3-projects-in-the-middle-east-press-release-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/reef-labs-is-launching-a-10m-accelerator-program-to-empower-web3-projects-in-the-middle-east-press-release-bitcoin-news\/","title":{"rendered":"Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East \u2013 Press release Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div id=\"\">\n<header class=\"article__header\">\n<\/header>\n<div class=\"featured_image_container\">\n <\/p>\n<p>press release<\/p>\n<\/div>\n<p><strong>PRESS RELEASE. <\/strong><span style=\"font-weight: 400;\">Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers, teams, and projects building on the Reef Chain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The rise of blockchain\/Web3 applications in the Middle East are setting the stage for remarkable technological progress and innovation. Reef has already made a significant impact in the region by securing the <\/span><a href=\"https:\/\/t.me\/reefannouncements\/676\"><span style=\"font-weight: 400;\">Best Ecosystem Award<\/span><\/a><span style=\"font-weight: 400;\"> at The Middle-East Blockchain Awards. <\/span><\/p>\n<p><b>Driving Growth in the MENA Region:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Accelerator Program seeks to drive Reef\u2019s vision for growth, making it the de-facto blockchain in the MENA (Middle East and North Africa) region. Ideas selected as part of this initiative will benefit from the financial support provided by Reef\u2019s venture partners, along with mentorship, marketing, and business development assistance from Reef Labs. Additionally, these ecosystem projects can leverage Reef\u2019s global community to promote their ideas and achievements to other Web3 developers and blockchain enthusiasts.<\/span><\/p>\n<p><b>Positioning Reef for Web3 Adoption:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The present geo-political landscape in the MENA region fosters the growth of region-specific blockchain networks, which are set to play a significant role in promoting Web3 adoption. Reef is ideally positioned to deliver enterprise-grade solutions with high scalability, cost-effective transactions, extensible EVM, and on-chain upgradability features, thus stimulating inventive models to harness blockchain technology. Additionally, the remarkably low entry barrier for dApp developers has made Reef one of the most developer-friendly ecosystems to build upon. <\/span><\/p>\n<p><b>Denko Mancheski, CEO of Reef, said about this new initiative<\/b><span style=\"font-weight: 400;\">, <\/span><i><span style=\"font-weight: 400;\">\u201cWe\u2019re launching the Reef Accelerator Program with the aim of welcoming the brightest minds in the Web3.0 industry. The Reef team has been working with Web3 developers in the Middle East region for some time now, and is extremely excited by the talent and innovation we witness. Through our recently conceptualized Reef Labs initiative, we will choose the best Middle Eastern projects, empower them to realize their full potential and integrate them into the current Reef ecosystem of NFT, DeFi, Metaverse, and GameFi projects. It will also enable us to drive the growth of the Web3 industry in the Middle East and emerge as this region\u2019s de-facto blockchain<\/span><\/i><span style=\"font-weight: 400;\">\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Reef Accelerator Program is poised to solidify Reef Chain\u2019s position as the most developer-friendly blockchain solution for web2 businesses transitioning into the web3 space in the MENA region, ultimately propelling the upcoming wave of innovation and Web3 adoption.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This program amount of $10 million will be part of the <\/span><a href=\"https:\/\/medium.com\/reef-finance\/reef-finance-launches-20m-grant-fund-to-expand-reef-chain-development-bca4cb9f53a9\"><span style=\"font-weight: 400;\">$20 million<\/span><\/a><span style=\"font-weight: 400;\"> developer support fund that Reef had announced earlier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Apply for the Reef Accelerator Program here: <\/span><a href=\"https:\/\/reef-labs.typeform.com\/reefaclprogram\"><span style=\"font-weight: 400;\">https:\/\/reef-labs.typeform.com\/reefaclprogram<\/span><\/a><\/p>\n<p><b>About Reef<\/b><\/p>\n<p><a href=\"https:\/\/reef.io\/\"><span style=\"font-weight: 400;\">Reef<\/span><\/a><span style=\"font-weight: 400;\"> is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, and affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgradability. Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of the future of Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.<\/span><\/p>\n<p><strong>Stay tuned to our socials, and never miss any update from Reef!<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">\ud83c\udf0e Website:<\/span><a href=\"https:\/\/reef.io\/\"><span style=\"font-weight: 400;\"> https:\/\/reef.io<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udc26 Twitter:<\/span><a href=\"https:\/\/twitter.com\/Reef_Chain\"><span style=\"font-weight: 400;\"> https:\/\/twitter.com\/Reef_Chain<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udde3 Discord:<\/span><a href=\"https:\/\/discord.gg\/reefchain\"><span style=\"font-weight: 400;\"> https:\/\/discord.gg\/reefchain<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udcac Telegram:<\/span><a href=\"https:\/\/t.me\/reefchain\"><span style=\"font-weight: 400;\"> https:\/\/t.me\/reefchain<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\ud83d\udcf8 Instagram:<\/span><a href=\"https:\/\/www.instagram.com\/reef.io\"><span style=\"font-weight: 400;\"> https:\/\/www.instagram.com\/reef.io<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\ud83e\udd16 Reddit:<\/span><a href=\"https:\/\/www.reddit.com\/r\/ReefDeFi\/\"><span style=\"font-weight: 400;\"> https:\/\/www.reddit.com\/r\/ReefDeFi\/<\/span><\/a><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<hr\/>\n<p><small><i>This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.<\/i><\/small><\/p>\n<div class=\"article__body__author\">\n<div class=\"article__body__author__avatar\">\n<img src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-150x150.png 1x, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2019\/08\/logomark-300x300.png 2x\" class=\"avatar avatar-150 photo\"\/>\n<\/div>\n<div class=\"article__body__author__info\">\n<h6 class=\"article__body__author__info__name\">\nMedia <\/h6>\n<p class=\"article__body__author__info__about\">\nBitcoin.com is the premier source for everything crypto-related.<br \/>\nContact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.<\/p>\n<\/div>\n<\/div>\n<p class=\"images_credits\"><em><b>Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n<div class=\"bottom_article_widgets\">\n<aside id=\"bn_widget_spacing-18\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-21\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>More Popular News<\/span><\/h4>\n<\/aside>\n<aside id=\"bn_widget_spacing-19\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-46\" class=\"widget_text td_block_template_1 widget widget_custom_html\"\/>\n<aside id=\"bn_widget_spacing-20\" class=\"td_block_template_1 widget widget_bn_widget_spacing\"\/>\n<aside id=\"custom_html-30\" class=\"widget_text td_block_template_1 widget widget_custom_html\">\n<h4 class=\"block-title\"><span>In Case You Missed It<\/span><\/h4>\n<\/aside>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script type=\"d3496015a256aebcdd7d490a-text\/javascript\">(function(d, s, id) {\n        var js, fjs = d.getElementsByTagName(s)[0];\n        if (d.getElementById(id)) return;\n        js = d.createElement(s); js.id = id;\n        js.src=\"https:\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&version=v3.2\";\n        fjs.parentNode.insertBefore(js, fjs);\n    }(document, 'script', 'facebook-jssdk'));<\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/reef-labs-is-launching-a-10m-accelerator-program-to-empower-web3-projects-in-the-middle-east\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) press release PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":20957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20956"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=20956"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/20956\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/20957"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=20956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=20956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=20956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}