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Nurturing the next wave of metaverse startups to build on Klaytn

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Nurturing the next wave of metaverse startups to build on Klaytn
  • F10 and Klaytn Foundation announces the top 5 web3 startups selected for inaugural Klaytn Incubation Program powered by F10
  • F10 will provide a total of up to USD 500,000 worth of Klay in grants to the startups of 2022 

SINGAPORE, April 7, 2022F10 and Klaytn Foundation are pleased to announce the first 5 startups that have been selected from over 100 applications to participate in the inaugural Klaytn Incubation Program powered by F10. These startups will spend the next 12 weeks undergoing a transformative journey, to develop their innovative web3 ideas or MVPs in gaming, social and content, into viable businesses for the metaverse.

The program, which kicked-off on 4 April 2022, draws on the unique strength of F10, a global fintech incubator, and Klaytn, a dominant interoperable blockchain ecosystem in the web3 industry.

These startups will receive extensive mentoring, access to investor network, program perks and co-working space, as well as technical development and marketing support from Klaytn, and access to wide ranging tools, projects and expertise on the Klaytn ecosystem.  In addition, F10 will be providing a total of up to USD 500,000 worth of Klay in grants to the startups of 2022.

Jonas Thürig, Head of F10 Singapore noted that “We were very impressed with the quality of the startup applications and are proud to now announce the 5 selected startups in the areas of metaverse, gaming and the creator economy. We are very excited on what’s installed for them and can’t wait to fuel their acceleration with this program together with the Klaytn team.”

“F10 has designed a fully tailored curriculum that combines traditional startup elements with web3 programs and benefits from Klaytn,” said David Shin, Head of Klaytn Global Adoption. “Through supporting startups to succeed on the Klaytn ecosystem, we hope to create more possibilities and greater synergies, to unlock more use cases for the metaverse. For this incubation program, not only will we be lending our expertise and resources in web3, but we’ll also be bringing in other web3 partners to share their knowledge and experiences,” he added.

The 5 startups in the inaugural batch 1 are the following:

1) LevelHeroes (Zurich) Combines the magic of blockchain and metaverse technologies, it intends to bridge the gap between centralized gaming communities to bring them decentralized assets to raise funding for their digital assets in a fun and meaningful way. Users are able to engage with and support their favorite aspects of the project, which gives developer teams feedback into what their fanbase is really interested in. Get ready, LevelHeroes is rising up to bind the ties between the gaming universe!

2) Kryptonium (Singapore) beoble is a social module built by Kryptonium, with API and SDK for Web 3.0. It is an on-chain communication window and a true user-owned Web 3.0 product. beoble aims to help other Web 3.0 services integrate social functionalities like creating social profile, instant messaging, posting of feeds into their services, all within 5 minutes.

3) JOOS® (Germany) Is a decentralized app for content creators. We give them the tools to break the chains of platform dependency and to have a direct connection to their community without intermediaries. With JOOS, creators can have a stable and independent income through regular payments by their fans and sell shares to investors, who get a part of the creator’s profits in return.

4) Y2123 (Singapore) Is an NFT-based blockchain game where you play as a citizen scientist racing against time to save Earth from climate change. Inspired by Zoo Tycoon and Tamagotchi, you will have to restore your Land NFTs to good health by finding the right ecological balance of flora and fauna NFTs on it. There will be 4 habitats released in phases, consisting of Savannah, Marine, Rainforest and Urban. Y2123 has sold out its genesis collection and is launching its land and 2nd generation NFTs in April 2022. Advised by a Pew Fellows marine biologist, we also have a philanthropic mission to aid the fight against climate change in real life.  

Currently on Ethereum, with ambitions to build a multichain ecosystem.

5) Dixel Club (South Korea)– Creates non-programmed and user-generated pixel art NFT collectibles where you earn $DIXEL rewards on your PixelFi activities. Dixel Club has three main features. First, anyone can issue the next edition of Dixel Art by sharing the single 16×16 canvas. Also, the NFT minters can earn $DIXEL rewards when a new Dixel Art is generated. Lastly, they can get the $DIXEL tokens that are used to mint the edition back and get the tips received from people when they burn their NFTs.

Applications for next batch starts in July

For more information, click here.

About Klaytn

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy. Officially launched in June 2019, it is the dominant blockchain platform in South Korea and is now undergoing global business expansion from its international base in Singapore.

These business expansion activities are supported by the $500m Klaytn Growth Fund, which aims to grow the ecosystem of companies built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.

For more information, please visit klaytn.foundation.

About F10

F10 is a global innovation ecosystem with offices in Zurich, Singapore, Madrid, and Barcelona. F10’s mission is to unite tech startups with big business to shape the future of banking, insurance and beyond. With its incubators and accelerators covering the fields of Web 3.0 and FinTech, F10 supports and guides startups in transforming their ideas into successful companies while stimulating collaboration with international organisations.

For more information, please visit www.f10.global.

Media contacts

Aaron Koh

Head of Marketing, Klaytn Foundation

Email: aaron.koh@klaytn.foundation

Melvin Tan

Program Success Lead, F10

Email: melvin.tan@f10.global

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nurturing-the-next-wave-of-metaverse-startups-to-build-on-klaytn-301519873.html

SOURCE Klaytn Foundation

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Cybersecurity platform Circle Security partners with ForgeRock to Accelerate the Prevention-First Era in Digital Security

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Cybersecurity platform Circle Security partners with ForgeRock to Accelerate the Prevention-First Era in Digital Security

Joint integration delivers effective DSPM enforcement for self-managed customers starting with credential-free access, risk-based continuous authentication, and protection from data exposure.

Circle Security, a transformative cybersecurity platform purpose-built for threat prevention powered by a decentralized cryptographic architecture, is pleased to announce a joint integration with the ForgeRock Identity Platform. The pre-built on-premises integrated node will help businesses stay ahead of evolving threats and achieve their security goals by integrating identity authentication and privacy protection capabilities into customer applications as a single unified API.

The Circle Security integrated node provides a credential-free authentication API that enables developers and enterprise IT to enhance the security of identities for Circle and ForgeRock customers by minimizing their dependence on usernames and passwords, binding devices to identities, and securing data flows throughout identity journeys. Specifically, the combination of Circle and ForgeRock strengthens customer’s security posture on two critical fronts:

  • Secure and frictionless data access across applications, browsers, and devices without the need for usernames/passwords with cryptographic credential free authentication.
  • Continuous risk-based delegated MFA as a step-up re-authentication or identity verification in existing user workflows for high-risk use cases, contexts, and user profiles.

“Circle Security and ForgeRock share a commitment to excellence, innovation, and customer satisfaction. By joining forces, we are bringing the best of both worlds to our clients and enhancing their digital security posture. Our foundational technology built on a patented decentralized architecture helps developers and enterprises elevate their security posture to Prevention-first from Detect & Respond,” said Phani Nagarjuna, Founder & CEO of Circle Security. “With the availability of the integrated node available on the ForgeRock Marketplace, self-managed ForgeRock and Circle Security customers can enjoy the benefits of no credential phishing or other credential-driven vulnerabilities and reduced data exposure.”

“Our Trust Network technology partnership with Circle Security will provide our joint customers with faster time-to-value and reduced cybersecurity risk and costs,” said Alecia Bridgwater, Director of Technology Partners at ForgeRock.

“Together, we will bring cutting-edge security technology to businesses of all types and sizes around the world,” added Mr. Nagarjuna of Circle Security.

About Circle Security

Circle is a cybersecurity platform powered by a patented decentralized cryptographic architecture purpose-built to deliver true prevention. Using Circle, enterprises can seamlessly enforce effective data security posture management starting with user data access, data flow tracking, and protection against data exposure.

Unlike other cybersecurity players, Circle decentralizes security orchestration from the cloud to the endpoint while eliminating the need for user credentials thus delivering the dual impact of prevention from credential-driven data breaches and protection from cloud attacks.

Enterprises can deploy Circle in minutes as a device-native service, a mobile app, or a zero-footprint browser-based solution while developers can integrate Circle’s API-first technology into their apps, websites, products, and services with low/no code.

All product and company names are trademarks™ or registered® trademarks of their respective holders.

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Where there are moms, there is Cozy Power: Momcozy’s Cozy Power is changing Motherhood

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Where there are moms, there is Cozy Power: Momcozy’s Cozy Power is changing Motherhood

Momcozy, the renowned maternity and baby brand endorsed by over two million moms globally, recently made an appearance at Times Square in New York and Citadium in Paris. Apart from drawing massive attention from the passers-by, it has also sparked a wave of online discussion among KOLs, motherhood community and many other societal groups.

Momcozy made the appearance at the opportunity of its Mother’s Day campaign which is dedicated to speaking up for moms globally and encouraging them to find their inner power to become a cozy mom and a cozy her.

Over the years, Momcozy has established itself as an global maternity and baby brand that not only has a strong presence online but also a wide global reach offline.

Its wearable breast pump has always been the best-selling one in the category of electric breast pumps in North America. Multiple of its products like nursing bras are recognized as online bestsellers for many consecutive years. Momcozy’s broad product portfolio has indeed offered moms an all-rounded solution to their pregnancy and motherhood. Its widening global reach is also manifested in its rapid expansion into large merchandise retailers like Walmart and Babylist – the leading vertical marketplace. Momcozy’s active participation in international industry events like Baby Show ExCeL in the UK as well as ABC Kids Expo in the US also demonstrates its fast-growing global reach.

Nowadays, Momcozy’s customer base is rapidly spreading across the globe covering the USA, Canada, the UK, Germany, France, Italy and many other countries and regions, which has enabled moms and their family to easily enjoy a one-stop shopping experience regardless of their locations.

As a brand that has consistently upheld the belief that “moms always come first”, Momcozy never stops listening to moms’ real voices and fulfilling their needs. It will continue to live up to the expectations of more and more moms and honor its commitment to accompanying them through their pregnancy and early motherhood. And it will also strive to take the lead in the industry to raise more awareness about moms’ well-being and speak up for more moms.

About Momcozy

Momcozy, the renowned maternity and baby brand endorsed by over two million moms globally, has always put moms on top. Through cozy designs born from love and continuous innovation, Momcozy brings a much simpler, more relaxed, and more comfortable experience for moms globally through their pregnancy and early motherhood.

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Bootstrapped start-up ShipGlobal.in ropes in Ashneer Grover as an early investor

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Bootstrapped start-up ShipGlobal.in ropes in Ashneer Grover as an early investor

Ahead of its funding round, ShipGlobal, a home-grown global shipping service, has announced that it has secured its first cheque from Ashneer Grover. The bootstrapped start-up based in Delhi will begin its Pre Series-A round in the coming weeks. Ashneer Grover, a well-known investor in the Indian start-up ecosystem, is a testament to ShipGlobal’s success in providing effective and profitable logistics solutions for small and medium-sized enterprises (SMEs) in India.

ShipGlobal’s co-founders, Aayush Anand, Angad Arora, and Vaibhav Kapur, have been working tirelessly to help SMEs in India go global by providing them with cost-effective and reliable logistics solutions. Their dedication has paid off, as ShipGlobal has grown 100x in just one year, a rare feat for any company, especially in the operations business.

Ashneer Grover  was quick to recognize the potential of ShipGlobal’s business model and its ability to tap into the growing SME export market in India. In a post on LinkedIn, he further added, “It’s rare to find bootstrapped companies grow 100X in 1 year in an ops business – PROFITABLY. As India grows SME exports – this business is poised to grow by leaps.”

Started in 2022, ShipGlobal’s journey began with an investment of a simple $10,000. In one year of its operation, the start-up has delivered over a million packages and reached over 220 countries. ShipGlobal’s platform simplifies international shipping for SMEs in India, providing a one-stop shop for a range of services such as customs clearance, tracking, and real-time rates from multiple carriers. This enables SMEs to easily expand their reach globally and choose the most cost-effective shipping option for their needs.

ShipGlobal’s co-founders expressed their gratitude for the support they have received from Ashneer Grover and other investors. Aayush Anand, co-founder and CEO further added, “Often referred to as the backbone of the economy, SMEs make up for 90% of all enterprises in our country and reportedly employ approximately 100 million people across India. With ShipGlobal, we aim to create an environment of holistic evolution for everyone by aiding the growth of the sector and opening doors of opportunity globally.”

With the upcoming funding round and its expanding customer base, ShipGlobal is poised for exceptional growth. The business is well-positioned to take advantage of the expanding prospects in the international export market.

About ShipGlobal.in

ShipGlobal is a global shipping service that allows you to send business packages, important documents, e-commerce orders as well as personal orders by individuals. Backed by a strong network and industry experience, ShipGlobal offers a complete range of cross-border shipping services covering more than 220 countries across the globe.

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